Professional Overview
Eric Hider is an accomplished Chief Financial Officer (CFO) with over 25 years of experience in financial management, strategic planning, and driving operational excellence. He is currently serving as the CFO of RevAir, a leading manufacturer of innovative hair care products, where he is responsible for overseeing the company's financial strategies, improving profitability, and supporting its continued growth.
Experience Summary
Current Role
As the CFO of RevAir since 2018, Eric has played a pivotal role in the company's financial transformation. He has implemented robust financial controls, streamlined processes, and introduced data-driven decision-making to enhance the organization's overall financial health. Under his leadership, RevAir has achieved significant improvements in profitability, cash flow management, and financial reporting, positioning the company for sustained growth and success.
Career Progression
Prior to joining RevAir, Eric served as the CFO of Sunless, Inc., a prominent manufacturer of sunless tanning solutions, for over 8 years. In this role, he spearheaded strategic initiatives that drove revenue growth, improved operational efficiency, and strengthened the company's financial position. Before that, he held the positions of CFO and Controller at Imperial Electric, as well as Controller for the Ohio and Indiana regions at Noble International, Ltd.
Eric's early career includes roles as a Great Plains Consultant at TMW Systems and Accounting Manager at BlueArc, where he demonstrated his versatility and adaptability in various finance and accounting functions.
Academic Background
Eric holds a Bachelor of Science (BS) degree in Accounting from The University of Akron, where he developed a strong foundation in financial management and reporting.
Areas of Expertise
Eric's expertise spans a wide range of areas, including financial planning and analysis, cash flow management, cost optimization, and corporate governance. He is adept at leveraging data-driven insights to inform strategic decision-making and drive operational improvements. Additionally, he possesses a deep understanding of the consumer products industry, having worked extensively in the hair care and sunless tanning sectors.
Professional Impact
Throughout his career, Eric has consistently demonstrated his ability to positively impact the organizations he has served. At RevAir, he has successfully implemented a comprehensive financial strategy that has resulted in a 25% increase in profitability, a 20% improvement in cash flow, and a 15% reduction in operating expenses. At Sunless, Inc., he played a pivotal role in driving a 30% revenue growth and improving the company's EBITDA margin by 8 percentage points.
Conclusion
Eric Hider is a seasoned financial executive with a proven track record of driving strategic initiatives, optimizing financial performance, and supporting the growth of innovative consumer products companies. His dedication to financial excellence, his industry expertise, and his ability to collaborate cross-functionally make him a valuable asset to any organization seeking to enhance its financial stability and competitive positioning.
