Threshold Enterprises CEO and leadership

Thomas Grillea is a Chief Executive Officer at Threshold Enterprises. He has worked as Chief Operating Officer at Threshold Enterprises, Pres:Select Nutrition Distributors at UNITED NATURAL FOODS INC, and President:Earth Origin at UNITED NATURAL FOODS INC. Thomas works or has worked as Dir:Regional Retail Operations at The Vitamin Shoppe and Board Member at WHOLE FOODS MARKET INC.

Building financial and business platforms for strategic growth and sustained profitability is my passion. My specialty is serving as a trusted advisor to the CEO, executive teams and decision-makers across diverse settings, including public, private and PE-backed manufacturing and high-tech companies. Merging the ability to identify organic and inorganic growth opportunities for short- and long-term impact within startup, turnaround and fast-growth settings with strategic leadership, I work across all levels of an organization to engage, and influence, others toward a common goal and business success. Noted for:MonetizationMonetized and grew NovoSensus, a cloud-based SaaS startup. Attracted investors and drove revenues to $75M, while reducing engineering costs 50% and speeding up project completion goals, for Fortune 500 clients worldwide.Divestiture and Seamless IntegrationLed due diligence and served as financial and operational lead for the $200M carveout of NewStar Fresh Foods from Organic Girl. Implemented cloud-based worldwide ERP system, and carried out cutover seamlessly, with no interruption to services. Eliminated $5M+ in shared IT services.ConsolidationEngaged by Formation Brands to consolidate four distressed companies and create a single, fully integrated entity, valued at $100M, with a single ERP system that allowed for customization. Introduced core process improvements that reduced month-end closing from 30+ to 5 days, increased annual inventory turns from two to 13, annually, decreased DSO from 75 to 30 days, and reduced annual operating expense 24%.Organizational ScalingSourced and implemented a best-in-class CRM and delivery logistics systems for ICE Logistics. Eliminated redundant systems and positions to attain 5% OPEX savings. Added GPS capabilities and reclassified delivery drivers, saving 30% in costs. Sold company to largest US competitor.