Jared Wantoch

About Jared Wantoch

By taking an entrepreneurial approach, I can identify unique strategies to increase market penetration and achieve a solid competitive advantage. My extensive experience in the B2B space provides me with deep insights and the ability to adapt to market fluctuations. I work closely with board members, investors, and other senior executives to shape the overall roadmap for internal and external changes, ranging from organizational restructuring to new products & services introductions. Most recently, I led a highly leveraged commercial linen, laundry, uniforms & facility services provider through a complete financial turnaround despite the significant reduction in business from our primary customers.An accomplished team builder and leader, I excel at motivating colleagues across all levels to focus on common goals. This includes steering the successful integration of acquired companies & start-ups ensuring alignment of teams, systems, and processes to deliver a near-seamless customer experience. If you’re looking for a results-focused executive with expertise in leading large-scale transformations, growth, and turnarounds, I would be happy to discuss the value I can bring to your organization. I also welcome connections from other executives and business leaders. Thank you for visiting my profile.

Experience

1. Chief Executive Officer

   Apex Linen

   Feb 2020 — Present · Las Vegas, NV, US

   Drove operational and financial turnaround for company providing facility services, hotel linen, and Uniforms and apparel services to hotels, casinos, and other clients in the Las Vegas area. Oversaw 350-400-member team in a 24x7 environment. Developed and led execution of strategies to enable revenue growth in the most challenging market. • Steered company through Chapter 11 and 363 sales process, led search for new investors, and persuaded existing lenders to rebid and take control as new equity holders.• Orchestrated complete restructuring, hired new executive team offering extensive private equity firm experience, and enabled company to operate on cash flow immediately after exiting Chapter 11.• Returned company to profitability and increased revenue from $12M to $35M in revenue by effectively overcoming significant challenges posed by 60-80% reduction in client capacity due to COVID-19 restrictions.• Leveraged strong customer relations to implement 21% price increase while maintaining 100% retention.• Launched new uniform and dry-cleaning services division, securing $6.5M contract with MGM in first six months that delivered 25% EBITA and 60% margins.• Final EBITDA 12% from -12.5% and growing each month. • Sold in October 2022

Education

• San Diego State University

  Bachelor's Degree, Economics

  1999

Skills

• Key Performance Indicators (Kpis)
• Business Development
• Staff Leadership & Development
• Contract Negotiation
• Performance Management
• Culture & Diversity Awareness
• Cost Reductions & Containment
• Marketing Strategy
• Coaching & Mentoring
• Inventory Management
• Financial Reporting & Management
• Coaching
• Driving Results
• Income Statement
• Textiles
• Operations Management
• Workflow Optimization
• Executive Leadership
• P&L
• Strategic Planning
• Profit
• P&L Management
• Budgets
• Forecasting
• Cold Calling
• Sales Process
• Customer Satisfaction
• Training
• Market Penetration
• New Business Development
• Sales Operations
• Customer Retention
• Talent Recruiting & Retention
• Revenue & Profit Growth
• Training & Development
• Budget Administration
• Customer Service
• Product Design & Launch
• Retail
• B2b