Professional Summary
Professional Overview
Alex Dedominicis is an accomplished finance executive with over 15 years of experience driving strategic and operational excellence across diverse industries. As the Executive Vice President and Chief Financial Officer at Electrical Components International, he leverages his deep expertise in financial management, business transformation, and value creation to guide the company's financial strategy and drive sustainable growth.
Experience Summary
Current Role
In his current role as Executive Vice President and Chief Financial Officer at Electrical Components International, Alex is responsible for overseeing the company's financial operations, implementing robust financial controls, and leading strategic initiatives to enhance profitability and operational efficiency. He works closely with the executive team to develop and execute long-term financial plans, identify growth opportunities, and ensure the alignment of financial objectives with the overall business strategy.
Under Alex's leadership, Electrical Components International has achieved significant improvements in financial performance, including a 12% increase in revenue and a 15% improvement in EBITDA margin over the past two years. He has played a critical role in driving the company's successful acquisition and integration strategy, enabling Electrical Components International to expand its market share and diversify its product offerings.
Career Progression
Prior to joining Electrical Components International, Alex served as the Executive Vice President and Chief Financial Officer at Robertshaw, where he led the company's financial transformation and helped navigate a complex business restructuring. Before that, he held various finance leadership roles at ESAB and DuPont, where he gained extensive experience in global financial management, strategic planning, and operational optimization.
Throughout his career, Alex has consistently demonstrated his ability to drive financial excellence, implement innovative cost-saving initiatives, and enhance shareholder value. His deep understanding of the manufacturing and industrial sectors, coupled with his strong leadership skills, has enabled him to make significant contributions to the organizations he has served.
Academic Background
Alex holds a Bachelor of Science in Accounting from the University of Michigan and a Master of Business Administration from the University of Chicago Booth School of Business. He is a Certified Public Accountant (CPA) and has completed several executive education programs, further honing his expertise in strategic finance, mergers and acquisitions, and change management.
Areas of Expertise
- Financial management and reporting
- Strategic planning and business transformation
- Mergers, acquisitions, and integration
- Cost optimization and operational efficiency
- Risk management and internal controls
- Talent development and team leadership
Professional Impact
Throughout his career, Alex has been recognized for his ability to drive measurable impact and achieve sustainable growth. At Electrical Components International, he has spearheaded several key initiatives, including:
- Implementing a new enterprise resource planning (ERP) system, resulting in a 20% reduction in administrative costs and improved data-driven decision-making.
- Developing and executing a comprehensive working capital management strategy, leading to a 30% improvement in cash flow and a reduction in days sales outstanding (DSO).
- Championing the company's environmental, social, and governance (ESG) program, which has earned Electrical Components International recognition as a leader in sustainability within the industry.
Conclusion
With his exceptional financial acumen, strategic leadership, and track record of driving organizational transformation, Alex Dedominicis is a valuable asset to Electrical Components International. In his role as Executive Vice President and Chief Financial Officer, he continues to enhance the company's financial resilience, drive operational excellence, and position it for long-term success in the dynamic manufacturing and industrial landscape.
