Profiel
Prior to joining Novacap in September 2008, Mr. Heredia was a partner in a boutique firm specializing in debtor sponsored re-organization where he worked extensively in developing and implementing strategic and operating plans and business recovery.
He was often called upon to take the role of CEO to ensure their smooth implementation.
In 1988 Mr. Heredia was appointed CFO of Taurus Footwear Inc, a public Company that had acquired the Greb and Kodiak brands.
This LBO was confronted by a consumer recession and overseas competition.
Over the next several years, as CEO of the company was transformed from a manufacturing base of 11 factories to a marketing and licensing operation with one Canadian facility.
Subsequently, he was appointed CFO of Peerless Carpet Corporation, the largest independent Canadian manufacturer of carpets.
In conjunction with the board, Raoul crafted a plan with the newly appointed CEO to reduce debt by $27 million and implement operating cost reductions of $10 million.
The Company was eventually sold to a US strategic buyer with a 200% increase in pre-turnaround shareholder value.
Mr. Heredia obtained his Bachelors of Commerce degree with honours and distinction from Concordia University in Montreal and his Chartered Accountant designation with PricewaterhouseCoopers where he spent 11 years in Montreal and Paris in the field of assurance services, Computer audit and Consulting.
Eerdere bekende functies van Raoul Heredia
Bedrijven | Functie | Einde |
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Novacap Industries
Novacap Industries Investment ManagersFinance Founded in 1981 by Marc Beauchamp, Novacap Industries is a private equity firm located in Longueuil, Quebec. The firm is the industrial/manufacturing-focused investment arm of Novacap Investissements, Inc., a Canadian private equity firm. Novacap Investissements also invests in the technology sector through their technology-focused investment arm, Novacap Technologies. | Private Equity Investor | 01-02-2011 |
PricewaterhouseCoopers Canada
PricewaterhouseCoopers Canada Miscellaneous Commercial ServicesCommercial Services Part of PricewaterhouseCoopers International Ltd., PricewaterhouseCoopers Canada provides accounting services. The company is based in Toronto, Canada. | Corporate Officer/Principal | - |
Peerless Carpet Corp. | Financieel Directeur/CFO | - |
Novacap Management, Inc.
Novacap Management, Inc. Investment ManagersFinance Novacap Management, Inc (Novacap Management) is a Private Equity firm founded in 1981 by Marc Beauchamp. The firm is headquartered in Brossard, Quebec. | Corporate Officer/Principal | - |
Opleiding van Raoul Heredia
Concordia University | Undergraduate Degree |
Ervaring
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Bedrijven in privébezit | 4 |
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Novacap Management, Inc.
Novacap Management, Inc. Investment ManagersFinance Novacap Management, Inc (Novacap Management) is a Private Equity firm founded in 1981 by Marc Beauchamp. The firm is headquartered in Brossard, Quebec. | Finance |
PricewaterhouseCoopers Canada
PricewaterhouseCoopers Canada Miscellaneous Commercial ServicesCommercial Services Part of PricewaterhouseCoopers International Ltd., PricewaterhouseCoopers Canada provides accounting services. The company is based in Toronto, Canada. | Commercial Services |
Peerless Carpet Corp. | Consumer Durables |
Novacap Industries
Novacap Industries Investment ManagersFinance Founded in 1981 by Marc Beauchamp, Novacap Industries is a private equity firm located in Longueuil, Quebec. The firm is the industrial/manufacturing-focused investment arm of Novacap Investissements, Inc., a Canadian private equity firm. Novacap Investissements also invests in the technology sector through their technology-focused investment arm, Novacap Technologies. | Finance |