Chief Executive Officer
COMPANY:
Family-owned retail chain operating in Bermuda.
REPORTS/RELATIONSHIPS:
The Chief Executive Officer (CEO) will report directly to the Board of Directors, which is comprised of second- and third-generation owners.
BASIC FUNCTIONS:
The individual who occupies this position will be expected to lead all aspects of the retail business.
Specific duties will include, but not necessarily be limited to:
- Lead a team involved in company retail, distribution, and real estate operations.
- Develop financial forecasts and manage capital expenditures for the company.
- Implement key strategies to grow market share and achieve financial and professional success.
- Manage significant reinvestment and renovation projects across all physical plants.
- Manage company operations/merchandising teams and resources to deliver profitable growth.
- Champion new ideas, identify trends in the marketplace, and implement initiatives that establish the business as one of the leaders in the retail grocery industry.
- Analyze sales and customer data to uncover insights and opportunities within existing business practices.
- Analyze customer, market, and competitor activity and develop strategies for improved competitiveness.
- Build and implement infrastructure and systems to support the success of the sales and merchandising functions; develop and implement policies, procedures, and best practices for each of the businesses.
- Work collaboratively and cross-functionally to achieve execution at store level.
- Manage key customer and supply chain relationships and participate in closing strategic opportunities.
- Actively participate in new and remodel store activities including, but not limited to, staffing, training, merchandising, and grand opening/reopening.
- Ensure proper staffing levels are maintained, provide training and professional development opportunities for team members, and manage senior position succession planning.
REQUIREMENTS:
- Minimum of 15 years’ previous retail grocery experience at the executive level.
- Experience with a recognized and reputable multisite retail organization(s).
- Strong operations and merchandising background in a customer-driven environment with a proven track record of building sales and marketing programs to achieve financial results.
- Demonstrated ability to foster and build a dynamic team-oriented, results-driven environment.
- Demonstrated understanding of P&L management and budget development.
- Superior cognitive ability; able to simplify complex situations, make sound judgments, and research and analyze various types of data.
- Strategic thinker and thought leader; a big-picture leader who anticipates future trends and ensures merchandising strategies are aligned with organizational goals.
- Respects tradition but values innovation and creative problem solving; effectively blends creativity with excellence; not rigidly tied to one approach or philosophy.
- Builds effective relationships with critical decision makers and others in the organization.
- Results oriented; demonstrates a sense of urgency to overcome obstacles and achieve measurable results; resourceful and driven; willing to get hands dirty and personally drive projects and timelines.
- Self-confident; willing to take educated, fact-based risks; courageous and comfortable advocating unpopular positions; balances confidence with demonstrated openness to others’ ideas.
- Superior interpersonal skills/team orientation; ability to interact easily at all levels within the organization; tactful, mature, flexible; high level of collaboration and influencing skills; strong planning, organizing, delegating, and decision-making abilities.
- Excellent communication skills – written, verbal, and presentation; understands the importance of frequent and effective communication; understands audiences’ needs and desires and can respond well on his/her feet.
- Strong business results orientation; passion for the business and an intense drive to understand the goals, financial targets, deliverables, and challenges the business faces to deliver results; spends time “out in the business,” shoulder to shoulder with the front line to ensure business philosophy is being applied.
- Exhibits character; does the right thing; highly professional and ethical with unquestioned integrity.
- Adaptable; able to acclimate effectively within a small island community.
- College degree preferred but not required.
COMPENSATION:
Compensation will be commensurate with the role, including a competitive base salary, contractual performance bonuses, and a premium benefits package.
CONTACT INFORMATION:
Greg Gabel, President
ggabel@CLCBsearch.com
212.949.6611
