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Richard
L. Hansen
Mr. Hansen is a senior executive with over 25 years
of experience in operations management, manufacturing,
and technology. With a proven record of
transforming unprofitable companies into successful
ones by developing strategies to improve operations,
increase sales, and generate profits, he is skilled
at leading organizations to achieve consistent bottom
and top-line growth. His extensive history
of accomplishments includes achieving dramatic turnarounds
in the performance of numerous organizations. He
is proficient at directing diversified multi-plant
operations and is well-versed in the use of lean manufacturing
tools and strategies including Kaizen, one-piece flow,
and 5S.
As president of Hartwell-Dzus (a $23M McKechnie company
that manufactures engineered products for the aerospace,
automotive, information technology, heavy truck, and
military sectors), Mr. Hansen created a highly competitive
company by increasing sales revenue from $16M to $23M
and profit from a 500K loss to a $2M gain. His
achievements include designing a strategy for a Mexican
factory that saved $400K by improving performance
(a gain that was augmented by customers' positive
response to the improvements, which added an additional
$500K in sales). He also developed a new
design gate system and team-based management approach
that markedly improved project management efficiency,
increased customer confidence, and added $1.5M in
new design work.
Prior to joining Hartwell-Dzus, Mr. Hansen served
as director of group operations for AdelWiggins, Inc.,
a $49M manufacturer of commercial aerospace, military,
and heavy equipment components and assemblies. He
had profit-and-loss responsibility for five product
lines involving manufacturing, purchasing, planning,
budgets, manufacturing engineering, facilities maintenance,
new product introductions and marketing, and tool
rooms. His accomplishments include initiating
a product review system that led to the development
of an aggressive outsourcing capability that saved
$1.8M and made the company more competitive in the
global market.
Previously, Mr. Hansen was plant manager of Alcoa
Fastening Systems, a $45M manufacturer of extruded
aerospace and commercial titanium, inconel, steel
structural fasteners, and lock nuts. He
led the company from $7.5M in losses to $5.4M in profit,
transforming the business into a fierce competitor
and increasing output from 80,000 to 340,000 units
per day. He utilized lean manufacturing
techniques to create a state-of-the-art factory, reduced
operating costs by $750K per year, and consolidated
two plants into one super-efficient factory, increasing
output and improving customer on-time delivery from
40% to 95%.
Earlier in his career, Mr. Hansen served as senior
manufacturing consultant with S&H Systems; director
of operations with Ver-Val Enterprises; and program
manager of Advanced Manufacturing and Technology Programs
with the U.S. Air Force.
Education
Master of Arts in Organizational Development, University
of Phoenix, Phoenix, Arizona
Bachelor of Arts in Management, Governors State University,
Park Forest South, Illinois
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