Wolfgang-Alexander Farkas
Director and Integration Leader, Goodrich Actuation Systems
Wolfgang A. Farkas joined Goodrich in 2006 as Finance Director of “Goodrich Actuation Systems France”.
During his career, Wolfgang has headed several Multinationals as CFO and CEO, including operations, sales and support.
Wolfgang was born in February 1966 and grew up near Salzburg, Austria. He holds a BA in Finance and Economics and made his Executive MBA at CSU Hayward after working 8 years for French “Groupe Schneider” in different executive positions in Austria, CIS and Russia. After his MBA, he worked for “Honeywell CTG” in UK as International Finance Director before joining Goodrich.
Using Lean and Six Sigma, he is responsible for accounting and all other financial aspects, Financial process harmonization, Strategic planning, Compliance, Outsourcing and Export Control.
36 contacts• Integration Lead for “Microtecnica” acquisition”, Italy (4 sites, 700 employees)
o Responsible to build and lead the integration team
o Ensure no disturbance for customer relations and operations
o Vocal point for internal and external communication
o Responsible for a timely and organized integration
o Member of the Microtecnica Board
• P&L and balance sheet responsibility: made business profitable
• Strategic and Commercial Planning & Right Hand of the Operational VP
• Compliance - enforce or create policies (Export Control & SOX) resulted in Zero audit findings since three years
• Implement a balanced scorecard by value stream
• Rightsized the financial organisation & Outsourced back office
• Optimized the controlling and reporting system
• M&A
• Export control
2005 - 2006• Financial risk analysis, P&L and balance sheet responsibility
• Reorganization and restructuring of the company
• Creation and implementation of a new business strategy to develop further international growth and to gain profitable business
• Improve the controlling and reporting system by business unit and implement cost saving plans
• Compliance & Organization of local internal and external audits