Mid-West Textile, CEO

Greybull Stewardship

16d

About The Position

Greybull Stewardship is seeking an experienced Chief Executive Officer for Mid-West Textile, its newest portfolio company. Greybull Stewardship is a private investment firm founded in 2010 that partners with scalable businesses to help them grow. Founded in 1982 and headquartered in El Paso, Texas, Mid-West Textile is one of the largest used textile recyclers in the United States. It collects, sorts, and grades used clothing and textiles for thrift retailers, fiber reclamation operators, and wholesale and export buyers, and operates Thrift Town retail stores in Texas and New Mexico. Its production facilities are in El Paso and Juárez, Mexico, and its Eco-Spot brand collects donated textiles in partnership with Meals on Wheels across Texas, Utah, and Missouri. The company helps reduce post-consumer apparel waste and supplies the global secondhand market. The CEO will provide leadership and day-to-day oversight across collection, processing, wholesale and export, and retail. The role will lead company strategy and decisions, with a focus on profitable revenue growth and positive operating cash flow; grow wholesale and export volume and pricing while managing exposure to global used textile markets; increase product supply and customer traffic at Thrift Town and grow collections revenue; and prepare for expansion of the retail footprint. The CEO will also develop team members, foster performance and teamwork, recruit talent, and build consensus among stakeholders with competing priorities. The CEO will oversee fiscal activities, including budgeting, reporting, working capital, and auditing; work with Greybull Stewardship and company stakeholders to implement the company’s vision and mission; and ensure required legal and regulatory documents are filed and compliance with applicable laws and regulations is monitored.

Requirements

Bachelor’s degree.
Ten years of proven executive leadership experience.
Experience in a successful senior management position with full profit and loss (P&L) responsibility in a multi-site, multi-business-unit, and/or commodity-exposed business.
Demonstrated record of growing profitable revenue and operating cash flow in a retail, wholesale, or collections business.
Knowledge of P&L, balance sheet and cash flow management, working capital, and general finance and budgeting.
Proven track record and ability to build consensus and relationships among executives, partners, and the board.

Nice To Haves

Master’s degree, MBA, or terminal degree.
Industry experience in used textiles, thrift or secondhand retail, textile recycling, or wholesale and export.
Experience growing a multi-unit retail footprint.
Understanding of donation collection models, including attended donation centers, drop-box networks, and in-store programs.
Experience leading a business through a growth-stage transformation.
Experience managing teams and operations across the U.S.-Mexico border or in other cross-border settings.
Experience with mergers and acquisitions.

Responsibilities

Provide inspired leadership and day-to-day oversight of company activities across collection, processing, wholesale and export, and retail.
Lead high-level decisions about company objectives and strategies, emphasizing profitable revenue growth and positive operating cash flow across retail, collections, and wholesale.
Grow wholesale and export volume and pricing while managing exposure to global used textile markets.
Increase product supply and customer traffic in Thrift Town retail stores and grow collections revenue.
Build consensus and commitment among stakeholders with potentially competing priorities.
Develop team members’ skills and knowledge, foster strong performance and positive teamwork, and recruit and attract talent.
Lay the groundwork for expanding the Thrift Town retail footprint.
Oversee fiscal activity, including budgeting, reporting, working capital, and auditing.
Work with Greybull Stewardship and company stakeholders on strategy for implementing the company’s vision and mission.
Ensure legal and regulatory documents are filed and monitor compliance with laws and regulations.