David Suica is a seasoned executive with more than 35 years of experience. He brings a wealth of knowledge in the engineer to order (ETO) and configure to order (CTO) environments. He has accomplished significant top-line revenue growth of multiple companies based on a diligent sales approach, engineering acumen and operational improvements. David also increased revenue and EBITA by adding additional product lines via acquisition, while managing organic growth domestically as well as internationally. He has a keen appreciation of strategic planning and product development (R&D) as well as managing cost levers to improve profit and loss, balance sheet, and to maximize cash flow. He has managed companies with an international footprint and is quite comfortable with the customs and habits of many locations such as Europe and Asia, Current and past work
David is the president of Fastems LLC, the daughter company of Fastems Oy of Finland. Fastems is recognized as the world leader in automation in the metal cutting industry with a global reach of high-tech solutions. Previously, David led a very successful assignment at a PE-backed custom machine tool manufacturer, Campbell Grinder. In this role, he more than doubled top-line revenue, paid off all of the original debt and positioned the company for sale. David has been involved in a number of other turn-around or growth platforms. His P&L responsibility has been over $100 million. He has delivered double digit-growth and improved EBITA for each assignment. David has been involved in the acquisitions and integration of additional companies that he identified and integrated to their respective product portfolios. He has also completed the divesture of non-performing operations. David has worked in the machine tool, papermaking machinery, computer chip manufacturing as well as the cutting tool industries. He is an engineer by degree and is very comfortable in the engineering and manufacturing area of almost any company. A number of his assignments were providing solutions and machinery to produce parts with sub-micron and nanometers tolerances.