Alfred Farwagi
29 years of senior and executive level experience in the US and MENA region with leading international and regional groups in the public and private sectors.
Diversified expertise in an array of sectors including upstream oil and gas, real estate, engineering, trading and distribution, metals value chain, industrial operations, manufacturing of engineered products and education.
Leadership and track record in driving organic growth, oversight and improvement of financial performance, turnaround management, identification and evaluation of M&A targets, building and growing grass roots joint ventures throughout their life-cycle, planning and roll-out of investment strategies, business process optimization.
Held roles of CEO, General Manager, Director, Officer and Functional Head.
Served on several Boards of regional and local businesses and on Executive and Steering Committees.
Gravitas and talent to deliver superior shareholder value. 13 years of US experience and 16 years in the MENA region with market leaders. Distinct affinity in identifying, building, providing strategic direction and integrating greenfield joint ventures with global partners. Financially astute and well versed in financial management
Well developed network of influential business people. Proven leadership abilities and successful record in business development, P&L and operations management, yielding a record of accomplishments as follows:
Launched a manufacturing start-up and drove operations to capture 26% market share while achieving break-even within 9 months of launch amidst stiff competition. Delivered 180% revenue growth organically and transitioned to new management team.
Led the restructuring of an ailing business, divested non-performing and idle assets, increased EBITDA margin by 16% via reduced operating costs and optimized product mix.
Originated, developed and formed a JV with global leader that won a $450 million contract with a national oil company to produce industrial gases for refineries.
Envisioned, planned and negotiated a JV with offshore contractor that won a seven-year, $1 billion contract and created 900 jobs in its first year of operation.
Articulated and implemented a model to enter the EPC space through global partnerships
Led performance oversight and integration process of several new stand-alone business ventures Crafted market entry tactics via greenfield start-ups and acquisitions. Devised and implemented strategy to integrate vertically on the metals value chain.
Designed organizational structures, mentored and trained business development teams.
Career History
Prior to joining the ExcellenceO2 team, Alfred spent over 6 years developing an investment platform by leading pre-IPO strategy and adding value through organic growth and acquisitions for the Industrialization and Energy Services Co., considered one of Saudi Arabia's pillars for economic expansion. Prior to that, he held senior and executive roles during 8 years in public and private businesses in the Middle East where he improved operational performance and drove growth organically and through acquisitions. Alfred has also over 13 years of wide-arching experience in the US in industrial operations, real estate, project management and engineering.
Alfred holds a B.Sc. in Civil Engineering (1982) and a M.Sc. in Civil Engineering (1984) both from Texas Tech University (USA). He earned an Executive MBA in 1992 from Rutgers University (USA)