Sal Sherman
Farmingdale,NY
Summary
Performance-driven Vice President with 8 years of experience aligning systems with business requirements, policies, and regulatory requirements. Capability of Chinese Speaking. Passionate about applying excellent organization and communication skills to manage and lead teams. Results-oriented individual well-versed in interfacing and consulting on business processes to drive results based on sound overall business judgment.
Overview
8
8
years of professional experience
Work History
Vice President
Max Resources
05.2022 - 09.2024
- Oversaw strategic growth and development of subsidiary pearl and jewelry brand Anna Sachs, entering into both domestic and new international markets
- Led marketing team for online website development and sales growth in both online and offline traffic volume
- Resulting in 20% overall increase in operational revenue for parent firm
- Created local network for wholesale distribution, which became 40% source of domestic revenue for Anna Sachs Brand As well as oversaw logistics methods for both domestic and international growth
- Managed international team with multi-language and cultural background mindset by learning about Chinese culture and language when implementing business strategies or closing deals
- Cut costs by 15% on domestic and international logistics and supply chains In establishing alternative shipping methods and procedures
Executive Director
Wei Yi Holdings
06.2017 - 05.2022
- Managed and developed multiple brands in education, food, and beverage industries, as well as luxury apparel
- American Select English, educational arm of Wei Yi Holdings
- Focusing on children from games 3–12, learning English, Spanish, reading, and writing
- ASE revenue by more than 130% from its conception
- Expanded new branch locations and maintained average client retention rating of 97%
- Increased annual same store sales on average of 38%
- WAL Foods imports frozen beef, chicken, fish, and other varying meat and beverage products from international markets such as Australia, New Zealand, and South America
- Developed 34% offline branch store revenue within city for WAL Foods and managed wholesale revenue towards retailers and distributors across China, accounting for 22% With remaining online revenue accounting for 43% of total sales
- Ways of West Lifestyle brand importation and distribution of luxury and military apparel from wholesale and retail firms
- Created and target key scope of revenue: 70% accounting in perfume and fragrance
- Managed marketing and sales teams for all subsidiary firms and established pivoting ideas during shift of COVID and post to keep firms profitable.
- Foster work culture of collaboration and inclusion to increase morale and reduce turnover.
Associate Investment Banker
Fortune Investment Bank
06.2016 - 06.2017
- Brought in foreign capital through developing strategic partner on overseas expansion through Qualified Domestic Limited Partnership and Qualified Foreign Limited Partnership to raise $300M in offshore capital for RMB funds
- Introduced and expanded scope of business into western markets through introduction of RMB funds for primary and secondary markets in private equity in health, communications, and utility industries, as well as government contracts
- Researched development for creation of new funds, leading to increased revenue and working capital by 8%
- Increased firm understanding on risk analysis and market investment opportunities on securities, RMB funds, and utility firms in China by acquiring quantitative research on public and private firms.
- Presented business valuation, capital markets, and M&A strategic advice to panels of seasoned professionals.
Education
Bachelor of Science - Business Management
The Peter J. Tobin College of Business, St. John's University
Queens, NY12.2016
Skills
- Chinese Speaking and Communication HSK 3
- Business Development
- Market Research
- Revenue Cycle Management
- Metrics Tracking
- Event Networking
- Price Structuring
- Contract Negotiation
- Data Analysis
- Financial Management
Projects
- WAL&Pink, cross-sales strategy development, and promotional events with a female-focused firm. Growing client referrals at minimal cost and steadily increasing gross revenue of WAL by 6%.
- ASE Multicorporate, a platform that allowed other firms with a similar target market of complimentary goods and services to partner and offer their products. Splitting additional revenue generated between the participating organizations by 30%.
- Wei Yi Holdings , acquired outside additional investors for an acquisition event of 15% equity stake within the parent company.
Languages
Chinese (Mandarin)
Professional Working
Accomplishments
- Achieved a 30% sales increase by pivoting our business model during the worst of COVID
- Managed and led an international team of 36 in the development of Wei Yi Holdings
Affiliations
- Sigma Pi Founding Father Iota Tau Chapter
Timeline
Vice President
Max Resources
05.2022 - 09.2024
Executive Director
Wei Yi Holdings
06.2017 - 05.2022
Associate Investment Banker
Fortune Investment Bank
06.2016 - 06.2017
Bachelor of Science - Business Management
The Peter J. Tobin College of Business, St. John's University
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