Richard F.

CEO

Peoria, Arizona, United States47 yrs 11 mos experience
Highly Stable

Key Highlights

  • Over 50 years of diverse industry experience
  • Expert in navigating market shifts and trends
  • Strong background in electronics and consulting
Stackforce AI infers this person is a seasoned professional in the electronics and consulting industries with extensive leadership experience.

Contact

Skills

Core Skills

Business DevelopmentConsultingSales ManagementManagementMarketing

Other Skills

Investment ConsultingBusiness NetworkingTechnology AnalysisCustom ManufacturingMarket SegmentationContract ManagementGovernment ProcurementManagement RestructuringBusiness StrategySales StrategyContract ManufacturingManagement ConsultingCorporate OversightMarketing CoordinationInventory Control

About

I "thrive" on learning something new every day of my life, including stretching outside my areas of expertise. I started out my life interested in music, science, mathematics, statistical analysis, social science and biology and got re-directed into a business career. I worked in an industry for the past 50 years that changes daily, and have navigated multiple market shifts by paying close attention to the tea leaves and the input my peers have generously shared. I believe this leads to making more rational and pragmatic choices, both personally and professionally. I got involved in the political arena years ago doing work with the Arizona GOP, but became a registered Independent in 2010. Getting to know Governors, Mayors, Congress members, Community and business leaders was surprising easy back in those days when political ideology was less important than ethical & honest discussion. Today I am giving back as much as possible, enjoying life and stepping through the minefield of unvetted misinformation that social media bombards us with.

Experience

47 yrs 11 mos
Total Experience
12 yrs 6 mos
Average Tenure
--
Current Experience

Farrout associates

CEO

Jan 2012Present · 14 yrs 4 mos · Vistancia AZ, Show Low, AZ, Las Vegas NV

  • FarrOut Associates is a vehicle for pursuing interesting investment and consulting services that appeal to me personally, as well as helping other business professionals connect with services and people who may help them achieve selective goals. I continue to stay involved in the electronics industry that served me for so many years. I not only get an opportunity to share my 50+ years of experience, I get a close up view of new technology & new approaches to doing business in this complex world wide economy.
Investment ConsultingBusiness NetworkingTechnology AnalysisBusiness DevelopmentConsulting

Sandy's electronics

GM & AGENT OF RECORD

Feb 2001Jan 2004 · 2 yrs 11 mos · LAS VEGAS, NV

  • In 2000 we worked with the Court and trustee under General Assignment law to purchase certain assets and rights of Sandy's Electronics when it went through liquidation. Using the General Assignment provisions, we were able to fast track this transaction, instead of using slow U.S. Bankruptcy proceedings. We ran the Las Vegas operation as a free standing subsidiary company until 2004, when we moved it to the existing Kiesub location.

Kiesub electronics

GM

Apr 1990Mar 2018 · 27 yrs 11 mos · Las Vegas Metropolitan Area

  • After commuting from Phoenix on a consulting basis, and a successful transition of the company into other market segments, I eventually joined the company as GM. We assembled a great team to execute our new visions and launched a custom manufacturing division. We were soon awarded the electronics contract for D.O.E. in 1992 and became their electronic JIT vendor for Nevada. We also became a subcontractor & supplier to D.O.D., NTS, N.N.S.S. & Homeland Security. Kiesub Electronics is an Independent Electronic Distributor and Contract Manufacturer servicing the Gaming Industry, Government, Utility, Manufacturing and the general Industrial marketplace, currently with a heavy focus on custom designed LED technology. We built our own website in 1995 before it became fashionable to do so. A very fast changing electronics technology industry, the digital revolution, as well as an evolving global business economics model, continues to challenge the sector to keep up.
Custom ManufacturingMarket SegmentationContract ManagementSales ManagementBusiness Development

Dalis electronics

2 roles

C.O.O.

Jan 1987Jan 1990 · 3 yrs · Greater Phoenix Area

  • I took on the position of C.O.O. when the company went through a management restructuring and led several attempts to sell the company for the prior ownership wishing to divest & retire. After attempting to purchase the company myself with other investors, I left Dalis in 1990 to work on other projects & opportunities. Dalis was eventually sold and resold again to Components Center after another restructuring & major downsizing. It was resold again in 2017 to another regional distributor as primarily a sales office.
Management RestructuringBusiness StrategyManagement

Vice President

Jan 1979Jan 1990 · 11 yrs · Greater Phoenix Area

  • Dalis evolved from a TV parts and consumer products distributor in the 1950-70's era to the largest independent industrial electronic distributor in Arizona. I started as a part time delivery driver in 1964, while still in school, and worked my way through most every job position in the company, eventually becoming VP of marketing and sales in 1979 and later C.O.O. We were an early participant in "Systems Contracts", "In Plant Stores", and JIT programs at companies such as Motorola, Air Research, Hughes Aviation and agencies D.O.E., D.O.D. and Sandia Labs. Dalis also expanded into custom wire harness & contract manufacturing in the 1980's and became a large local wire & cable specialist in Arizona.
Sales StrategyContract ManufacturingSales Management

General mci

Vice President, shareholder

May 1981May 1989 · 8 yrs · Greater Phoenix Area

  • GMCI was a Corporate Management Company that provided management oversight and consulting services for Electronic Industry companies in Arizona. We also acquired unique companies in whole and negotiated selected asset purchases from companies.
Management ConsultingCorporate OversightManagement

Kimcom-dalis

Advertising & Purchasing Director

Jan 1972Jan 1988 · 16 yrs · Phoenix, Arizona

  • The KIMCOM division was created by Dalis Electronics as the consumer products outlet during the start of the CB radio boom. Two of us ran the marketing and sales side of the division and I set up the inventory control system logistics. The nature of the business required a different marketing, advertising financing, inventory control and credit policy. In addition to CB radio, we also distributed auto sound, home audio components, Television, VCR, audio & video tape, Satellite and all related accessories. I was eventually responsible for negotiating and placing all large yearly purchase agreements with vendors, setting up authorized dealers and creating dealer advertising for this division. The division was scaled back in the late 1980's as Dalis migrated to a full industrial electronics distributor and wire harness manufacturer.
Marketing StrategyInventory ManagementMarketing

Inland electronics

Director of Special Projects

Jan 1970Jan 1989 · 19 yrs · Tucson, Arizona

  • INLAND ELECTRONICS was purchased by Dalis Electronics and became our Southern Nevada subsidiary branch. I coordinated marketing, advertising and inventory control for both locations and eventually took over existing management in place. I closed down this full stocking facility in 1989 as the company restructured personnel and assets, handled the logistics of moving the inventory and assets, assisted in selling the building, and re-opened as a Tucson sales office branch in another location.
Marketing CoordinationInventory ControlMarketing

Education

Arizona State University

Business Law

Jan 1967Jan 1971

Texas A&M University

Industrial Distribution

Jan 1986Jan 1986

Paradise Valley Community College

Cost Accounting

Jan 1988Jan 1989

Glendale Community College

Associate of Arts (A.A.) — Accounting and Business/Management

Jan 1966Jan 1967

Phoenix College

Business Administration and Management — General

Jan 1965Jan 1966

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