Michael Lynch
Group Transformation Director @Crest Nicholson plc
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WORK HISTORY
Group Transformation Director @Crest Nicholson plc
GB
Head of the Transformation Management Office (TMO) and accountable for the delivery of operationalimprovements and a cost reduction project designed to reduce overheads company wide by 2.5% ofRevenue or £18m.Developed an operational framework consisting of functional leads (MD/Director level ) and theirsponsors (Group level Directors) who would be responsible for delivering on initiatives that would yield £18m in savings. Regular meeting with the Sponsors and Functional Leads to ensure targets are met.Report to the Steering committee (CEO and CFO)Review all operations from Land purchase to Customer service and work with the Group MD, MD’s andall functional Directors to ensure operational framework is lean and all waste is identified and removedto leave a more efficient and effective process.Accomplishments:Over 70 cost reduction initiatives identified. FY25 target is on course to deliver a better thanplanned result.
EDUCATION
Chartered Institute of Management Accountants (CIMA)
ACMA, Finance
Newcastle University
BSc(Hons), Mathematics
ABOUT MICHAEL LYNCH
Group FD and executive board member with extensive international experience within a range of sectors including Construction (Housebuilder Persimmon PLC) and Manufacturing, predominantly in the Japanese automotive (NSK Europe Ltd) and Printing (De La Rue PLC) industries and within PLC blue chip, Private equity backed and Privately owned companies, managing revenues from £35m to £1.6BnAn inspirational leader known for motivating and establishing best in class, culturally diverse European regional finance departments and onshore/offshore Group head office functions comprising Finance, IT, Business systems, compliance and all aspects of operations including managing regional Boards of Directors. Focussed on profit and Balance sheet improvement through business process re-engineering, supply chain management, increased production line efficiencies, multi £million cost reduction exercises, restructuring, effective purchasing strategy deployment, continuous improvement, acquisition, standardisation and implementation of world class manufacturing techniques.A true strategic partner at board level with a track record for managing companies through periods of rapid growth, both organic and acquisition. Known for returning failing businesses back to profitability, enhancing customer satisfaction scores and delivering on forecasted objectives.I have led, acquired and developed teams of all sizes from large head office Group functions covering Finance, IT, HR, compliance & procurement with in excess of 100 staff to smaller regional teams of 5 and I am proud of my record in creating a nurturing, collaborative culture, encouraging and enabling all those in my team to fulfil their potential. I hold the ACMA qualification and a BSc(Hons) in Mathematics from the University of Newcastle-upon-Tyne. I am passionate about driving change and innovation, and empowering my team to achieve excellence.
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