Recommended expert

Massimo Garau

Finance Director

Massimo Garau
Berlin, Germany

Experience

Jul 2023 - Present
2 years 9 months

Chief Financial Officer

Veganz Group AG

  • Financial restructuring of the company: extension of the bond after negotiating with creditors, crowdfunding financing, factoring, sale and leaseback, goods purchase financing, a convertible bond, two capital increases and an equity line, sale of a subsidiary

  • Achieved: increased the equity ratio by 12 percentage points and reached the first positive EBITDA

  • Prepared financial plans, presented them to investors, negotiated terms and handled the technical implementation

  • Reduced fixed costs by about 35% to lower the break-even point by identifying cost-saving opportunities, optimizing processes and implementing with the team

Jan 2014 - Jun 2023
9 years 6 months
Germany

Chief Financial Officer – Authorized Signatory

August Storck KG

  • Founded the finance department from scratch and built the team

  • Took over and established finance processes from the parent company

  • Collaborated with the Managing Director to introduce a decision-making framework based on financial KPIs

  • Took over customer communication to reduce overdue receivables

  • Documented and improved internal processes

  • Adjusted the revenue deductions structure to reduce discounts

  • Implemented several price increases and cost reduction measures

  • Achieved: tripled profits and the highest revenue growth in the German confectionery market over ten years

Jan 2007 - Dec 2013
7 years
Sweden

Business Manager Baltics and Iceland

August Storck KG

  • Full profit and loss responsibility for about €10 million in revenue

  • Nearly quadrupled revenue and profit through a new pricing system, product launches, replacing distributors, and TV advertising for Toffifee and merci

  • Developed and implemented a plan to recover outstanding receivables during the financial crisis in Iceland

Jan 2006 - Dec 2013
8 years
Sweden

Chief Financial Officer

August Storck KG

  • Led a team of up to 10 employees in finance, customer service, IT and HR

  • Turnaround of Europe North through restructuring the finance department, introducing monthly closings, accruals, provisions and cash pooling

  • Changed the business model in Denmark from an in-house sales organization to an external distributor

  • Reduced headquarters staff by around 35%

  • Introduced a new pricing structure

  • Achieved profitability and sustainable growth within 18 months

  • Led a project team to restructure the subsidiary Bendick’s UK (March–August 2008): closed the factory and relocated production to Germany

Nov 2000 - Dec 2005
5 years 2 months
Germany

Head of Corporate Planning and Development – Authorized Signatory

August Storck KG

  • Led a team of up to 4 employees and managed several group-wide projects after a crisis to cut costs and develop the business

  • Identified and evaluated investment priorities for company succession

  • Established foreign subsidiaries: dissolved a joint venture and set up a new one in Poland, took over distributors in Finland and Slovenia, and formed a joint venture in Sweden

  • Designed and implemented a model for international transfer prices with list prices and performance-based discounts

Jan 1998 - Oct 2000
2 years 10 months
Germany

Supply Chain Coordinator – Member of the Executive Board

EVC Rigid Film GmbH

  • Integration of production sites in Germany and Italy as integration manager to specialize product lines and leverage economies of scale

  • Responsible for the logistics function with up to 27 employees across three sites

  • Transfer of machines, recipes, customers, materials and technology know-how between sites

  • Achieved: 8% capacity growth, 20% inventory reduction, 20-day shorter lead time

Jul 1997 - Oct 2000
3 years 4 months
India

Supervisory Board Member

Caprihans India Limited

Jul 1995 - Dec 1997
2 years 6 months
Belgium

Assistant to Executive Director – Downstream Business

EVC International Co-ordination Centre

  • Sale of two businesses in the UK and Sweden and acquisition of two companies in Germany and India to strengthen the core business

  • Financial valuation, search and assessment of potential targets, coordination of legal and financial advisors, and due diligence

  • Supported the closure of an Austrian subsidiary (August–October 1995): financial planning, timeline and action plan for confidential execution

  • Identified and evaluated cost improvement options for subsidiaries in Italy and Germany, leading to the merger of both companies

  • Achieved: a 150% increase in pre-tax profit in the downstream business since 1995

Feb 1992 - Jun 1995
3 years 5 months
Italy

Strategic Planning and Business Development Manager

Ansaldo Finmeccanica

  • Strategic planning as a sparring partner to unit management to identify and implement growth directions

  • Sale of two companies in Italy and acquisition of a Dutch company to strengthen switchgear production capacity

  • Led the project to select a technology partner for hydraulic turbines in Brazil, resulting in a joint venture with a technology license

  • Financial valuation, search and assessment of potential targets, coordination of legal and financial service providers, and due diligence

Industries Experience

See where this freelancer has spent most of their professional time. Longer bars indicate deeper hands-on experience, while shorter ones reflect targeted or project-based work.

Experienced in Food and Beverage (25.5 years), Manufacturing (3.5 years), Aerospace and Defense (3.5 years), and Professional Services (2.5 years).

Food and Beverage
Manufacturing
Aerospace and Defense
Professional Services

Business Areas Experience

The graph below provides a cumulative view of the freelancer's experience across multiple business areas, calculated from completed and active engagements. It highlights the areas where the freelancer has most frequently contributed to planning, execution, and delivery of business outcomes.

Experienced in Finance (22.5 years), Project Management (16.5 years), Strategy (14 years), Accounting (9.5 years), Customer Service (8 years), and Human Resources (8 years).

Finance
Project Management
Strategy
Accounting
Customer Service
Human Resources

Languages

Italian
Native
German
Advanced
English
Advanced
French
Advanced
Danish
Elementary
...and 2 more

Education

Oct 1990 - Jun 1991

SDA Bocconi

Master in International Economics and Management · International Economics and Management · Milan, Italy

Oct 1984 - Jun 1989

Università di Cagliari

Diplom-Ingenieur in Mechanical Engineering · Mechanical Engineering · Cagliari, Italy · 110/110 cum laude

Certifications & licenses

Power of Attorney

Profile

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Frequently asked questions

Do you have questions? Here you can find further information.

Where is Massimo based?

Massimo is based in Berlin, Germany.

What languages does Massimo speak?

Massimo speaks the following languages: Italian (Native), German (Advanced), English (Advanced), French (Advanced), Danish (Elementary), Portuguese (Elementary), Swedish (Elementary).

How many years of experience does Massimo have?

Massimo has at least 34 years of experience. During this time, Massimo has worked in at least 8 different roles and for 6 different companies. The average length of individual experience is 4 years and 9 months. Note that Massimo may not have shared all experience and actually has more experience.

What roles would Massimo be best suited for?

Based on recent experience, Massimo would be well-suited for roles such as: Chief Financial Officer, Chief Financial Officer – Authorized Signatory, Business Manager Baltics and Iceland.

What is Massimo's latest experience?

Massimo's most recent position is Chief Financial Officer at Veganz Group AG.

What companies has Massimo worked for in recent years?

In recent years, Massimo has worked for Veganz Group AG and August Storck KG.

Which industries is Massimo most experienced in?

Massimo is most experienced in industries like Food and Beverage, Aerospace and Defense, and Manufacturing. Massimo also has some experience in Professional Services.

Which business areas is Massimo most experienced in?

Massimo is most experienced in business areas like Finance, Project Management, and Strategy and Planning. Massimo also has some experience in Accounting, Customer Service, and Human Resources (HR).

Which industries has Massimo worked in recently?

Massimo has recently worked in industries like Food and Beverage.

Which business areas has Massimo worked in recently?

Massimo has recently worked in business areas like Finance and Accounting.

What is Massimo's education?

Massimo holds a Master in International Economics and Management from SDA Bocconi and a Master in Mechanical Engineering from Università di Cagliari.

Does Massimo have any certificates?

Massimo has 1 certificate: Power of Attorney.

What is the availability of Massimo?

Massimo is immediately available full-time for suitable projects.

What is the rate of Massimo?

Massimo's rate depends on the specific project requirements. Please use the Meet button on the profile to schedule a meeting and discuss the details.

How to hire Massimo?

To hire Massimo, click the Meet button on the profile to request a meeting and discuss your project needs.

Average rates for similar positions

Rates are based on recent contracts and do not include FRATCH margin.

1000
750
500
250
Market avg: 840-1000 €
The rates shown represent the typical market range for freelancers in this position based on recent contracts on our platform.
Actual rates may vary depending on seniority level, experience, skill specialization, project complexity, and engagement length.