Michael Lerch
About Michael Lerch
Michael Lerch serves as the Chief Financial Officer at Grecian Delight Foods, a position he has held since 2012. He has extensive experience in financial management, operational oversight, and international supply chain strategies.
Work at Grecian Delight Foods
Michael Lerch has served as Chief Financial Officer at Grecian Delight Foods since 2012. In this role, he oversees the financial operations of the company, contributing to its strategic direction and financial health. His tenure has included managing complex financial structures and implementing financial strategies that support the company’s growth and operational efficiency.
Previous Experience
Prior to his current role, Michael Lerch worked at the Chicago Transit Authority as a Senior Financial Analyst for one year, from 1995 to 1996. He also held the position of Operations Controller for the Dairy Group at Dean Foods Company from 1999 to 2002. His experience in these roles provided him with a solid foundation in financial analysis and operational management.
Education and Expertise
Michael Lerch studied at the University of Illinois Chicago, where he earned a Bachelor of Science Degree in Accounting from 1985 to 1990. He furthered his education at DePaul Driehaus College of Business, achieving a Masters of Business Administration in Finance in 2002. His academic background supports his expertise in financial management and strategic planning.
Achievements in Financial Management
Throughout his career, Michael Lerch has led several acquisitions with aggregate revenues of $80 million, demonstrating his expertise in mergers and acquisitions. He played a significant role in transforming a business from a $20 million pretax loss to generating $5 million in annual profits within four years. His experience also includes overseeing international supply chains and developing strategies for international tax and treasury issues.
Operational Management Skills
Michael Lerch managed a 100,000 square foot distribution center with 7,000 shipping locations, showcasing his operational management skills. He has participated in several ERP implementations and rollouts, including SAP, indicating a strong knowledge of financial systems and their integration into business operations.