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Group Publishing, Inc.
Management Summary
With production and fulfillment services outsourced, The Group Publishing, Inc. has need for general management, editorial, artistic, sales & marketing, and financial expertise.
6.1 Management Team
Red Brushwielder (44), President & CEO, Publisher & Editor
Mr. Brushwielder founded and successfully grew an advertising agency over a thirteen year period. He is accomplished in both publishing and direct marketing. One of his largest clients over the years has been Payne’s Gray Publishers, Inc. a NASDAQ public company and Art book publisher.
Mr. Brushwielder has a total of 20 years experience in advertising and publishing. His advertising clients have included American Express, Steinway & Sons Piano Company, Peachtree Software, Parisian Department Stores, and ADP Payroll Services. Red Brushwielder attended the University of South Carolina.
Ochre & Sienna Burnt, Asst. Editors
Ochre (50) and Sienna (48) are the founders of Painting Restoration, which has the mission of restoring old family portraits. They are accomplished authors, with the titles “Restoring the Early Portrait” and “Demolishing Portrait Forgeries” to their credit. Ochre served in the U.S. Navy, serving three deployments in Viet Nam as a helicopter pilot.
Ochre holds a BA in Economics from the University of Connecticut, an MBA from California Lutheran College, and a Master’s of Art Education from School of Hard Knocks. Sienna holds a BS in Education from the University of Connecticut.
John Crimson (50), Interim Chief Financial Officer
Mr. Crimson was last VP and Treasurer for Holiday Inn Worldwide. He previously was President of a $30 million dollar credit union. John has a BA in Finance from the College of Wooster in Ohio and an MBA in Finance from Emory University.
Timothy Clark (48), VP of Corporate Development
Mr. Clark has successfully raised capital for both public and private companies and has written and executed strategic growth plans as both an executive and as a consultant. He has previously been in executive positions with three growth stage companies and also was part of a turn-around team that successfully righted a failed venture-backed start-up. In his early career he held sales and marketing management positions with Lever Brothers Company and the LCR Division of Squibb, Inc. both in Chicago and New York. He is skilled in Strategic Planning and Capital Formation. Mr. Clark holds a BA in Marketing from the University of Notre Dame.
6.2 Management Team Gaps
An art director is needed. Also freelance artists.
Ad sales manager and circulation manager are factored in as needed.
6.3 Personnel Plan
The following table includes the personnel plan and projected salaries for all key people.
Personnel Plan | |||
Year 1 | Year 2 | Year 3 | |
Production Personnel | |||
Name or Title or Group | $0 | $0 | $0 |
Name or Title or Group | $0 | $0 | $0 |
Subtotal | $0 | $0 | $0 |
Sales and Marketing Personnel | |||
Ad Sales Mgr. | $36,000 | $40,000 | $44,000 |
Subscription Mgr. | $15,000 | $30,000 | $33,000 |
Subtotal | $51,000 | $70,000 | $77,000 |
General and Administrative Personnel | |||
Red Brushwielder, CEO | $60,000 | $66,000 | $72,000 |
Ochre & Sienna Burnt, Exec. Editors | $52,800 | $60,000 | $66,000 |
John Crimson, CFO | $12,000 | $52,000 | $60,000 |
Exec. Asst. | $18,000 | $22,000 | $24,000 |
Timothy Clark, VP Corp. Dev. | $18,000 | $36,000 | $48,000 |
Subtotal | $160,800 | $236,000 | $270,000 |
Other Personnel | |||
Art Director | $52,800 | $60,000 | $66,000 |
Freelance Artist | $6,000 | $6,000 | $6,000 |
Bookkeeper | $5,400 | $0 | $0 |
Subtotal | $64,200 | $66,000 | $72,000 |
Total People | 10 | 11 | 11 |
Total Payroll | $276,000 | $372,000 | $419,000 |