William
A. Clapp, MSEE, PBA
William Clapp has over 30 years of
strategic and operating management experience in the USA and internationally
with over 22 companies ranging in revenue size from $8 to $940 million. These
companies represented high-growth, start-ups, acquisitions, and turnarounds.
His key industry experience includes: industrial equipment,
large capital equipment, electrical & electronic equipment,
telecommunications equipment and railroad equipment. His discrete manufacturing experience
includes OEMs (large and small), contract manufacturing (large and small). Bill’s process manufacturing experience
includes steel and iron foundries as well as cheese production.
Bill began engineering turnarounds in the late 1980’s. He believes viability is achieved through
productivity and culture improvements combined with profitable top-line growth.
His success is based on deep strengths in strategic business and market execution,
engineering, new product/process development, organizational effectiveness,
empowerment and accountability, lean management processes, strong supply
chains, change leadership and creating continuous improvement
environments.
His first turnaround was an $11 million industrial products
manufacturer which he then profitably grew to $14 million over the next three
years. Following this, as President, he did a turnaround
of Mayville Metal Products Company, a $40 million multi-plant metal stamping,
fabricating and assembly company. Upon
stabilization, he grew Mayville’s revenue at an average rate of 21% per year
while increasing net profit to 4.5 times the industry median over a six year
period. In the process, he also received
the 1995 Wisconsin Governor’s award for creating a High Performance Workplace.
During the years 1981-1987, Bill held the positions of
Director of New Ventures and Director of Marketing for the Allen Bradley
Corporation. He was responsible for growing new business through internal
development and acquisitions. Bill led
the joint venture manufacturing activities in Japan.
In the late 1990s, as Executive Vice President of Chatham
Technologies, Inc. a global consolidator that acquired and rolled-up 14
manufacturing companies, he focused on the sheet metal stamping, fabricating,
assembling and installation companies in Europe, Mexico, USA and China. In three years, the company grew to $940
million in revenue with an EBITDA of 5.6%.
Bill engineered the turnaround of three of these companies located in Croatia, Europe
and Mexico.
Prior to Finkbiner, Duffy & Clapp, S.C., he was founder
and President of Business Development Consultants, Inc. where for eight years he focused on increasing profitability for a variety
of manufacturing and service companies ranging in size between $8 and $45 million
in revenues.
Bill has been on the board of directors of more than ten
companies. He holds MS and BS degrees in
Electrical Engineering from the University of Michigan with numerous executive
management training courses at various schools.
He has lectured at Marquette University and the Milwaukee School of Engineering. He is a member of the Turnaround Management
Association, and also a certified Professional Business Advisor (PBA).