Christoph Quick-timmerhaus

Chief Financial Officer (CFO)

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Gelsenkirchen, Germany

Experience

Apr 2019 - Present
6 years 10 months
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Self-employed contractor + consultant

  • Strategic procurement of professional services and other indirect categories including negotiation, development of category strategies, and stakeholder management
  • Bandwidth: Team lead – CPO
  • Design and execution of large spend programmes
  • Negotiation (preparation and execution)
  • Determination of the organisational maturity grade and organisational development
  • Process optimisation and KPI development
  • Change management
  • Collaboration with other procurement consultants such as GMVK Procurement, Efficio, McKinsey, BCG
  • Liquidations: dissolving contracts, monetising assets, social compensation plan
  • Industries: Automotive, Energy/Utilities, Health Care
  • Company size: Corporates (DAX, MDAX), SMEs (50 – 1 000+ FTE), Start-ups
  • Selected projects:
  • Liquidated companies that once provided simulator services to German Nuclear Power Plants
  • Optimised the procurement of professional services at a global logistics company
  • Optimised the professional services procurement in the EMEA region at a global automotive group (MDAX)
  • Consulted on a sales concept for selling medical devices to hospitals/GPOs
  • Head of Procurement for medical consumables at a Group Procurement Organisation (procurement for hospitals)
  • Managing Director of a truck service provider
Jan 2008 - Mar 2013
5 years 3 months

Chief Financial Officer (CFO)

Kernkraftwerk Gundremmingen GmbH; Kernkraftwerke Lippe-Ems GmbH

  • Responsible for 100 staff in Finance, Accounting, Procurement, Logistics, and IT
  • Joint responsibility for more than 1 000 staff and €700 m revenue
Oct 2000 - Mar 2019
18 years 6 months

Multiple project and leadership positions

RWE Group

  • Overseas experience in the UK (2002–2004, 2013–2016), USA (2005–2007), Netherlands, Hungary
  • Line responsibility for up to 70 staff at 12 sites
  • Managed spend of €300 – 1 000 m
  • Responsible for M&A transactions over €1 bn
  • Matrix organisation reporting line into local CFO and global CPO
  • Success stories:
  • Restructured Dutch power station procurement and merged with German organisation achieving c 10 % savings
  • Transformed the UK procurement team despite 40 % layoffs, delivering highest savings (7 – 9 %) and highest productivity in the RWE Group (2014–2016)
  • Introduced a central requisition pool, increasing process speed, data quality, and sourcing decisions while improving user experience
  • Lead negotiator for a gain share model allowing German government participation in nuclear plant lifetime extension profits
  • Developed exit strategy for RWE’s water business including investment strategy for increased post-exit financial headroom
  • Project lead for the American Water IPO
Jul 1995 - Sep 2000
5 years 3 months

Financial Analyst

Harpen AG

Feb 1994 - May 1995
1 year 4 months

Compulsory community service

St. Josef-Hospital

Oct 1993 - Dec 1993
3 months

Assistant Internal Auditor

Veba Oel AG

Summary

  • Seasoned procurement executive with focus on indirect spend and liquidations
  • A strong leader with the proven capability to shape and execute strategy, forge successful teams, and lead change
  • Solution-orientated, hands-on leadership style
  • Highly effective through focus on strategically most relevant product groups
  • Harvard-trained negotiator
  • Efficiency-driven through rigorous process management, standardisation, and digitisation
  • Strong commitment to people and organisational development
  • Effective communicator with the ability to influence both internal and external stakeholders
  • X-functional experience in Finance, Strategy, M&A, and Corporate Transformation
  • Mindful, curious, and funny

Skills

Authority In Indirect Procurement

  • Expert In The Procurement Of Professional Services (It, Management Consultancy, Temporary Labour, Hr Services, Crm, Marketing, Mice, Bpo, Facility Management, Mro, Travel, Fleet Management)
  • Increased Spend Under Management = Reduced Maverick Buying
  • Reduced Tail Spend By Consolidating Suppliers
  • Implemented And Strengthened Commercial Contract Management To Control Benefits
  • Presented And Facilitated At Procurement Leaders, Procurecon, And Bme Events

Value Management

  • Strategy Development And Execution Using Analytical Approach (Eg, Kraljic)
  • Harvard-style Negotiations
  • Successfully Transformed The Uk Procurement Team (C70 Staff, C€1bn Spend): Highest Productivity And Highest Savings (7 – 9%) In The Rwe Group
  • Successfully Designed And Executed Huge External Spend Programmes
  • Reverse Engineering Of Supplies/outside-in Analysis Of Suppliers‘ P&ls
  • Working Capital Optimisation (Dpo Extension, Supplier Finance)

Process Management And Eprocurement

  • Introduced Catalogue And Other Eprocurement Systems In Order To Automate, Digitise, Harmonise, And Deliver Superior Savings (Eg, Through The Utilisation Of Online Auctions)
  • Increased Efficiency, Process Speed, And Data Quality Through Rigorous Process Management (Mainly In The Source-to-contract And Purchase-to-pay Processes)
  • Standardised Demand (Eg, Developed Market Benchmark With Hr For Typical Contractor Roles)
  • Improved Governance Framework, Compliance, Reporting

Leadership

  • Leadership Responsibility For 70 Staff And 5 Direct Reports
  • Dedicated People Manager
  • Reporting Line Into C-suite/shareholder(s)
  • Worked In Matrix Organisations, Smes, And Corporates (Dax, Mdax)
  • C-level Experience As Finance Director Of Nuclear Power Plants

Reorganisation, Change Management, And Strategy

  • Experience In Managing Decentralised Organisations, Forging One Team
  • Continual Review Of The Capabilities Of The Organisation
  • Helped Other Executives Introduce Lean Management
  • Financial Lead On Several Huge M&a Transactions (€1bn+ Enterprise Value)
  • Aligned Corporate Strategy With Investor Expectations (Ipo Preparation)
  • Liquidated Corporations

Languages

German
Advanced
English
Advanced
Spanish
Advanced
French
Advanced
Italian
Advanced
...and 1 more

Education

Aug 1990 - Oct 1993
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Business Administration (Betriebswirt VWA)

Aug 1990 - Jan 1992
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Commercial Apprenticeship (Industriekaufmann)

Certifications & licenses

Digital Procurement Week

Procurement Leaders

BME

IMD (RWE-inhouse)

SK Medienconsult

Harvard Program On Negotiation

IMD (RWE-inhouse)

Wharton

London Business School

Templeton College (Oxford)

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