Job Description
Chief Operating Officer - Toadvine
Toadvine Enterprises (Toadvine) is a rapidly growing family-owned and operated athletic facility construction business. Toadvine is a $40MM company and has enjoyed nine consecutive years of sustained revenue growth. We specialize in designing, installing, and servicing outdoor grandstands, indoor gym bleachers, indoor gym equipment, indoor and outdoor scoreboards & videoboards, and outdoor field equipment. Toadvine is headquartered in Louisville serving Kentucky and the surrounding states of Tennessee, Indiana, Ohio, Alabama & Mississippi. Our primary markets include K-12 school systems; D2, D3 & NAIA colleges, universities, and municipal/private multi-sport athletic facilities.
Toadvine has experienced very little turnover and has a combination of tenured employees in addition to newly hired talent in key positions supporting our continued growth. Toadvine has a very team centric culture and most, if not all, employees have an “all in” mentality.
This Chief Operating Officer (COO) position is open for several reasons. After nearly ten years, the current COO is retiring from running the business day-to-day and transitioning into a member of a newly formed Advisory Board. The current President and founding family member will also be transitioning to this Board. The Advisory Board will exist to guide overall strategy, monitor the financial health of the business, and provide independent expertise along with challenging opinions when the company considers significant moves into new verticals. The second reason is Toadvine plans to continue to grow aggressively ($75MM), and the company needs a strong and experienced COO with a successful track record of leading an organization through this next level of company growth.
The COO will serve the organization in a highly collaborative role, working closely with the President and other members of the leadership team. The new President is a family member and has been the sales leader (rainmaker) for Toadvine for ten years. The leadership team will include functional leaders from Sales, Operations, Finance, and Vine & Branch (Toadvine’s sister company for service & installation).
The COO of our athletic facility construction company will have an opportunity to help lead a growing company in an exciting industry segment playing a critical role in overseeing all aspects of our business and driving the strategic direction of the organization. This position requires a dynamic leader with experience in a senior leadership role, ideally in the construction industry or related project-centric field. The ideal candidate will possess a strong blend of strategic vision, operational expertise, and leadership capabilities to ensure the company achieves its growth and profitability goals.
Primary Responsibilities
Strategic Leadership
- Collaborate with President in providing overall leadership, vision, and strategic direction for the company.
- Collaborate with President & Leadership Team to develop and execute the company's strategic plan in alignment with overall business objectives.
- Lead and collaborate with management team to ensure alignment with company goals and effective execution of strategies.
- Collaborate with President and execute initiatives to expand market presence and capitalize on growth opportunities.
Operational Oversight
- Oversee all operational aspects of the company monitoring and optimizing operational efficiency and productivity across all departments.
- Implement and optimize operational policies, procedures, and standards to enhance efficiency, productivity, and profitability.
- Ensure that projects are completed on time, within budget, and in accordance with contractual agreements, regulatory requirements, and quality standards.
- Foster a culture of continuous improvement and operational excellence throughout the organization.
Financial Management
- Oversee the financial performance of the company working with CFO through budgeting, forecasting, financial reporting, cash flow management, and cost control measures.
- Monitor financial performance and key metrics to ensure profitability and sustainable growth.
- Make strategic financial decisions to maximize profitability, optimize resource allocation, and minimize risks.
Team Leadership & Development
- Lead, mentor, and develop a high-performing management team, fostering a culture of accountability, collaboration, innovation, and employee development.
- Build cross-functional relationships and facilitate effective communication across all levels of the organization.
- Oversee talent acquisition, retention, and performance management initiatives.
Revenue Growth, Business Development & Client Relationships
- Oversee business development efforts working with Sales VP/Director to achieve budgeted annual revenue growth in both project & service business.
- Cultivate and maintain relationships with key clients (architects, construction managers, general contractors).
- Collaborate with President to identify and pursue new business opportunities and partnerships to drive growth.
Strategic External Relationships
- Cultivate and maintain relationships with both current & future manufacturing industry partners.
- Cultivate strategic partnerships and alliances that support business objectives & enhance the company's reputation.
- Represent the company to stakeholders, including investors & acquisition targets.
- Represent the company in public forums, community engagements, and industry associations.
Marketing
- Oversee marketing direction & initiatives of the company.
Technology & Innovation
- Promote a culture of continuous improvement, innovation through technology, and sustainable practices.
- Evaluate and implement innovative technologies to improve operational efficiency, project delivery, and client satisfaction.
Shareholder & Advisory Board Relations
- Provide information to President, Owners, and Advisory Board on company performance, strategic initiatives, and major decisions.
- Collaborate with President, Owners, and Advisory Board to ensure alignment on strategic goals and objectives.
Qualifications:
- Proven experience (10+ years) in a senior leadership role, ideally within the construction industry.
- Proven leadership experience in a rapidly growing company in the construction industry or related project-centric field.
- Bachelor’s degree in Construction Management, Civil Engineering, Business Administration, or related field; MBA or advanced degree a plus.
- Results oriented leader with demonstrated success in driving operational excellence and achieving financial results.
- Strong understanding of construction operations, project management, and financial management principles.
Competencies:
- Excellent leadership and people skills, with the ability to inspire and motivate teams.
- Excellent negotiation and communication skills, with the ability to build relationships and influence stakeholders.
- Demonstrated experience with P&L responsibilities for a similar sized business.
- Proven history of integrity and a commitment to ethical business practices.
- Strategic thinker with the ability to drive sustained organizational growth and profitability.
- Strong business acumen with a track record of strategic planning, financial management, and business development.
- Proven history of resilience and perseverance to achieve long-term results.
Rewards:
- Competitive compensation
- Performance based incentives
- Comprehensive insurance benefits package
- 401(k) with 3% match
- 4 weeks of vacation + PTO
- Ten (10) paid holidays
- $15K Life Insurance paid by company
Toadvine is an Equal Opportunity Employer, drug free workplace, and complies with ADA regulations as applicable.
For consideration: Please submit your resume, letter of interest, and three professional references to Glenn Kosse at gkosse@h2rconsultingllc.com
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