Todd Spraetz
Chief Financial Officer @Nbpure
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WORK HISTORY
Chief Financial Officer @Nbpure
Phoenix, AZ, US
NBPure has been in the wellness industry for over 25 years providing the highest quality dietary supplements to those who seek a natural approach to their everyday healthcare needs. Our commitment to excellence ensures that our products exceed industry standards for purity, potency and bioavailability and allows us to provide consumers with cutting-edge and innovative products. Today, NBPure makes dozens of purposeful natural supplements for wellness, performance, and beauty under the values of Natural Ingredients, Better Formulas, and Purity Testing.As CFO at NBPure, I oversee all financial activities to ensure strategic growth, operational efficiency, and financial integrity. My key responsibilities include-Directing financial reporting, budgeting, payroll, and inventory management processes-Conducting internal/external audits and ensuring adherence to regulatory standards-Collaborating cross-departmentally to align financial goals with company performance-Forecasting financial trends through data analysis, guiding senior management in decision-making-Implementing financial controls and policies for budget administration, cash management, and accounting-Leading risk management, insurance programs, and long-term strategic financial planning-Managing tax filings and coordinating with external accountants-Supervising and developing a team of financial professionals to ensure optimal performance.
EDUCATION
University of Missouri-Columbia
Bachelor's Degree B.S, Accounting
Missouri State University
Bachelor of science in accountancy, Engineering
ABOUT TODD SPRAETZ
As an Executive Finance & Business Operations Leader, I have 20+ years of experience driving profitability through strategic financial planning. My competencies extend to P&L management, process automation, quality initiatives, and audit management. It is my passion to develop high-performing teams in both public and private sectors to achieve aggressive organizational goals. Key Achievements Include: Developed strategic financial plans that drove sustained revenue growth and significantly increased EBITDA, leading to a reduction of $50M in SG & A expenses Managed vendor relationships and all activities across the US, Mexico, EU, and Amsterdam, with a direct oversight of 300 employees at HQ and worldwide Established and implemented long-term financial strategies, managing a $300M budget to support trucks and 1,500 drivers, ensuring sustainable growth and enhancing cost controls through a bottoms-up budgeting process Oversaw rapid expansion within the startup, opening 5 new stores within 6 months, increasing total from 6 to 11, and generating additional $500K in incremental sales in the first year Negotiated contract sales agreements with major retailers such as Amazon, Best Buy, and HHGregg, contributing to BlackRapid\'s recognition as Inc 500 Exporter of the Year and 1 of 100 fastest-growing businesses in the Puget Sound for 2 consecutive years Directed financial management for world\'s #1 software company, overseeing a $300M budget, and partnering with business leaders to evaluate investment opportunities for market share growth, earning \"Gold Star Award\" for strategy review and budgetary process improvementContact me through this profile if you wish to connect.
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