Ernesto Canudo Cáncer
Degree In Economics / IESE / ESADE / IMD
Las Rozas De Madrid,MADRID (Spain)
Summary
Hardworking and passionate project seeker, with strong organizational skills and finance knowledge. Ready to contribute to the value creation in the current competitive environment for the benefit of stakeholders. Bold experience in PE's affiliates within Healthcare and Retail sector.
Strong beliefs in teamwork as a way of increasing value and build deep foundations in companies.
Overview
28
28
years of professional experience
9
9
years of post-secondary education
2
2
Languages
Work History
Group CFO (Spain & Italy)
Vitaldent (Advent International)
Madrid, (Spain)
03.2017 - 01.2022
- Vitaldent (Healthcare sector), Market leader in the dental sector, with turnover of 350M€ / 4.500 employees / 350 clinics
- Position: Group CFO for Spain & Italy (until 2019), with team of 36 employees, reporting to CEO and PE
- Achievements: (i) Contributing to the turnaround of the Company, with a rapid growth in the market (CAGR +30%), while creating value by building a new set of capabilities (consumer finance, cash management, WC actions, FP&A and BI implementation), (ii) Italian business development, (iii) M&A and growth: Integration of franchisees (#120) / Acquisition of Dentix (300M€ sales) / Portfolio rationalization, (iv) Talent development: New organisation / Compliance / FP&A, (v) Consolidation of 400 legal entities.
CFO Spain & Portugal
C&A Modas
Madrid, (Spain)
01.2011 - 02.2017
- Fashion sector, with 500M€ Turnover / 2.500 employees / 170 stores in Spain & Portugal
- Position: Corporate CFO for Spain and Portugal, with a team of 32 employees. Reporting to Country Manager and European CFO, with areas of responsibility in Finance, IT, Logistics and Construction
- Achievements: (i) Rationalization of portfolio to recover profitability, (ii) Implementation of omnichannel strategy in Iberia (C&C and direct delivery), (iii) Set up of a new FP&A and Analytics, (iv) Group best in class reporting package to headquarters (later implemented in Europe), including BI, weekly Rolling forecasts, Pricing analysis, “what if”.… (v) Indirect procurement set up, with annual savings of 2,5M€, (vi) Internal controls (MICS), (vii) Change of the logistics model, with annual savings of 2M€.
CFO Spain & Portugal
DHL (Deutsche Post AG)
Madrid, (Spain)
01.2005 - 01.2011
- Logistics sector with sales of 420M€ and 4.700 employees
- Position: CFO for Spain and Portugal with team of 40 employees and member of Board of Directors, reporting to Country Manager and European CFO
- Achievements: (i) Management of merger process with Exel Logistics (2006), (ii) Consolidation of legal entities, consolidation of four invoicing systems, consolidation of three accounting systems into Oracle, (iii) Transfer of back-office to Bangalore (India), (iv) Restructuring of business units and central offices, (v) Optimization of Finance team with new set up and FTE reduction
Business Control Director
DHL (Deutsche Post AG)
Madrid, (Spain)
01.2002 - 01.2005
- Logistics sector with 135M€ turnover and 1.300 employees
Finance Manager
Bristol Myers Squibb (Convatec)
Barcelona, (Spain)
01.2000 - 01.2002
- Healthcare sector 27M€, Spain and Portugal, with team of 10 employees, reporting to Country Manager and South Europe CFO
Business Control Responsible
Bristol Myers Squibb (Convatec)
Barcelona, (Spain)
01.1999 - 01.2000
- Pharmaceutical sector with 27M€ turnover
Business Control Director
Schindler S.A
Madrid, (Spain)
01.1996 - 01.1999
- Industrial sector with 180M€ turnover and 2.500 employees
- Position: Business Control responsible for Spain, with team of 4 employees, reporting to CFO Spain
Assistant to Managing Director
Schindler S.A
Madrid, (Spain)
01.1994 - 01.1996
- Industrial sector with 180M€ turnover and 2.500 employees
Education
MBA - Retail Management & Leadership
IMD
Lausanne (Switzerland) 01.2012 - 02.2012
International Advanced Management Program (AMP) - Finance
IESE Business School
Barcelona (Spain) 01.2009 - 06.2009
Programa De Desarrollo Directivo (PDD) - General Management
IESE Business School
Madrid 03.2004 - 03.2005
MBA - Finance and Strategy
University of Chicago
Urbana - Champaign (Chicago) 08.1994 - 03.1995
MBA - Finance & Strategy (International Degree)
ESADE Business School
Barcelona 09.1992 - 09.1994
Degree in Economics - Business and Managerial Economics
Zaragoza University
Zaragoza (Spain) 09.1986 - 09.1991
Skills
Value creation pursuing, always looking for the best way of improving company's results and sustainable performance
Teamwork professional, always seeking the best solutions from group's skills and making teams to grow to deliver results
Delivery under pressure regardless the situation while always meeting deadlines of different stakeholders' requests
Passionate about great projects where additional value is needed within the framework of a general objective
Negotiation ability with different stakeholders to achieve best solution in a transactional process
Timeline
Group CFO (Spain & Italy)
Vitaldent (Advent International)
03.2017 - 01.2022
MBA - Retail Management & Leadership
IMD
01.2012 - 02.2012
CFO Spain & Portugal
C&A Modas
01.2011 - 02.2017
International Advanced Management Program (AMP) - Finance
IESE Business School
01.2009 - 06.2009
CFO Spain & Portugal
DHL (Deutsche Post AG)
01.2005 - 01.2011
Programa De Desarrollo Directivo (PDD) - General Management
IESE Business School
03.2004 - 03.2005
Business Control Director
DHL (Deutsche Post AG)
01.2002 - 01.2005
Finance Manager
Bristol Myers Squibb (Convatec)
01.2000 - 01.2002
Business Control Responsible
Bristol Myers Squibb (Convatec)
01.1999 - 01.2000
Business Control Director
Schindler S.A
01.1996 - 01.1999
MBA - Finance and Strategy
University of Chicago
08.1994 - 03.1995
Assistant to Managing Director
Schindler S.A
01.1994 - 01.1996
MBA - Finance & Strategy (International Degree)
ESADE Business School
09.1992 - 09.1994
Degree in Economics - Business and Managerial Economics
Zaragoza University
09.1986 - 09.1991