Gary Smith

Gary Smith

EVP & CFO

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location of Gary SmithSummerfield, North Carolina, United States

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  • Timeline

  • About me

    President at AMB Investments LLC

  • Education

    • University of North Carolina at Greensboro - Bryan School of Business

      1982 - 1985
      MBA Finance
    • University of North Carolina at Greensboro

      1977 - 1981
      BS Accounting, Finance
    • University of Virginia

      1993 - 1993
      The Executive Program 1993
  • Experience

    • Cone Mills Corporation

      Jan 1999 - Jan 2004
      EVP & CFO

      Cone Mills Corporation was one of America's major textile manufacturers with over 3,000 employees and annual revenue of approximately $500 million. Cone was publicly traded and listed on the NYSE until 2003.

    • International Textile Group, Inc.

      Jan 2004 - Jan 2008
      EVP & CFO

      Global diversified textile manufacturer with annual revenues in excess of $1 billion and more than 10,000 employees operating in North America, Europe and Asia. SEC registrant majority-owned by private equity funds controlled by WLRoss and Company, founded in 2004 by combining assets of former Burlington Industries and former Cone Mills Corporation.

    • Kinetics

      Jan 2008 - Dec 2010
      EVP & CFO

      Chief Financial Officer with responsibility for management and direction of Finance, HR and IT functions for $300 million + global specialty mechanical contractor operating in North America, Europe and Asia. Kinetics provided mechanical solutions to the electronics, biopharmaceutical, solar and general industry markets.

    • Longwood Industries

      Aug 2011 - Dec 2013
      EVP & CFO

      Executive Vice President and Chief Financial Officer of Longwood Industries, a leading $75M supplier of engineered rubber products with manufacturing operations in the United States and Spain. Longwood was majority-owned by private equity funds of Norwest Equity Partners until September 2013 when acquired by Wabtec Corporation.. Responsible for the management and direction of the Finance, HR and IT functions.- Key participant in sale of Longwood to Wabtec with transaction closing in September 2013. - Partnered with CEO and Sales to drive 40% improvement in EBITDA through sales growth, selective capital investment, and overhead reductions including SG&A reduction of 20%.- Facilitated communication between PEG, Executive Management and Plant Management. - Led sale and liquidation of Scott business including shutdown of Canadian operation realizing net proceeds of more than $1 million above target. Show less

    • Wabtec Corporation

      Jan 2014 - Sept 2016
      VP and General Manager - Elastomers Group

      Business unit leader of the Wabtec Elastomers Group with oversight of sales, operations and finance functions of the group. Integrated three organizations (Longwood Elastomers, Wabtec Rubber Products and Durox) into one business unit in 2014 creating the Elastomers Group a leading supplier of engineered elastomeric products with a diverse customer base and industry focus including Rail, Industrial and Oil and Gas. Added MTC (Metalocaucho) to Group in 2015 to expand presence in Transit. . - Realized significant integration savings through the combination of Longwood and Wabtec Rubber operations from operational synergies, LEAN initiatives, in-sourcing of certain processes to increase capacity utilization across the group and leveraging of buying power. Consolidated sales force for newly created Wabtec Elastomers Group. - Led acquisition of Metalocaucho SA, a global transit suspension company with operations in Spain, China and India, in June 2015. - Implementing strategic plan to increase customer focus, accelerate new product development, increase operational capabilities and improve cost competitiveness. Show less

    • North State Aviation

      Sept 2016 - now
      Chief Executive Officer
    • AMB Investments LLC

      Aug 2018 - now
      President
  • Licenses & Certifications

    • Certified Public Accountant

      State of North Carolina