“SVP, Marketing” (Cincinnati, OH) Company Overview With over 60 locations in 35 states across the U.S., providing local service in a showroom environment, Champion is a leading window, sun room and home exterior company. The company operates factories in Cincinnati, OH, and Denver, CO. Founded in 1953, Champion products are “factory direct to you” so customers get premium quality at wholesale prices. Champion designs it…builds it… installs it…and guarantees it. With this model, Champion has complete control over every aspect of manufacturing, distribution, installation and service, providing a single-source of accountability and peace of mind for its customers. The company is committed to their values of integrity, passion and innovation. Headquartered in Cincinnati, OH, Champion employs more than 1,300 across the U.S., and is owned by private equity firm, Summit Partners. For more information on the company, visit their web site at www.championwindow.com. Summit Partners In 1984, Summit Partners started with a vision of helping companies realize their full growth potential. Today, Summit is a leader in growth equity and credit investing for rapidly growing companies. Their investment team is one of the largest and most experienced in the business. Summit employs more than 85 investment professionals across four offices in Boston, Menlo Park, London and Mumbai, and in total, they employ more than 160 people. Since 1984, Summit Partners has raised nearly $15 billion in capital, and has invested in more than 380 businesses across North America, Europe and Asia. These companies have completed more than 130 public offerings and in excess of 135 strategic sales or mergers. Whether they take a minority or majority ownership position, Summit’s approach is the same—They view themselves as a growth investor that provides strategic and operational guidance to help proven, existing management teams reach their companies’ full potential. Summit’s senior investment professionals serve on the Boards of Directors and assist the management teams of our portfolio companies, providing them with a range of services. Position Overview This new “SVP, Marketing" for Champion will serve as a key member of the corporate senior leadership team, and will be expected to be the company’s critical growth-driver, by deploying an aggressive lead-generation and customer acquisition plan, leveraging multiple Traditional, Digital, and Direct Response efforts across the entire Marketing mix. This Marketing executive will be responsible for the development - and subsequent execution—of a quantitatively-oriented, fact-based and insight-driven Direct Marketing strategy with a keen eye on accelerating profitable growth while enhancing the Brand's awareness, equity and preference. The "SVP, Marketing" will have to be comfortable in an ambiguous, resource lean and rapidly-changing environment. © 2013 Wiser Partners, LLC Champion ~ “SVP, Marketing” Page 2 of 6 Position Overview continued To be successful in this role, the “SVP, Marketing” must be able to: (1) create an intelligent and integrated Direct Marketing plan that delivers qualified leads and a strong call-to-action, while creating a differentiated and preferred brand, and a superior customer experience; (2) institute a metrics-driven "dashboard" and process that institutionalizes Marketing efforts with a laser-like focus on CPA and ROI; (3) deploy resources against the right value propositions, tactics and segments; (4) assemble and effectively lead an industry-leading Marketing team; and 5) execute flawlessly with a sense of urgency, and a contagious passion for winning, in a highly competitive market. Scope of Responsibilities Demand Creation and Lead Generation – Primary responsibility for working across the Champion team—particularly close with the SVP, Sales Operations—to coordinate and establish annual Marketing plans, across the complete Marketing mix, and ensuring plans generate high-potential leads (“making the phones ring”), link to the budget and the forecast commitments, and can be executed within Selling and Operational constraints. Tactics will likely include DRTV, Digital (E-Mail, SEO/SEM, Display, Retargeting, Social Media, Mobile), Print, Direct Mail, Selling Collateral, On-Site (Showrooms), Call Center, Print and Signage. Media Strategy & Delivery – Develop, and subsequently lead the execution of Champion’s Media Strategy, working in conjunction with key internal stakeholders as well as external agency resources. The Media strategy should both support and be aligned with the brand’s overall strategic growth, targeting and promotional agendas. These Media plans and briefs should include crystal clear objectives, systems for measuring and assessing performance and ROI, and agreed-to points where prompt course corrections can be activated, as needed. Ensure annual Media Planning/Buying is linked with critical Marketing objectives, including the critical need to drive leads to the call-centers, and foot traffic to showroom locations. Segmentation and Targeting – The new “SVP, Marketing” will be responsible for working closely with the VP, Sales in identifying the highest potential customers who offer the greatest Lifetime Customer Value (LTV) and geographic locations to appropriately allocate Marketing (and Selling) resources to capitalize on these segments in a manner that meets Champion’s financial hurdles. This targeting process may require segmentation research to help drive the design and utilization of a proprietary prospect database, which will be optimized for each critical customer segment, product, and channel. Brand Stewardship – Collaborate with the CEO, external agency partners, the leadership within Champion, and others, to continually develop, differentiate, reinforce and spread the “Champion” brand equity across all critical and relevant customer touch-points. Serve as the company’s brand steward, ensuring consistency and commitment to the brand. Product Development/Management – The new “SVP, Marketing” will lead Product Development and Product Management for Champion. This will include directing Research and Insights work that drives Product enhancements and upgrades, as well as Research that leads to New Product development. This responsibility will extend across both Developed Products (products which Champion designs and manufactures) and Purchased Products (products which Champion buys, and then resells to its customers). © 2013 Wiser Partners, LLC Champion ~ “SVP, Marketing” Page 3 of 6 Scope of Responsibilities continued New Showroom Openings & Grass-Roots Efforts – Establish and communicate clear and concise strategic priorities to merchandising and retail colleagues in advance of localized efforts and grand openings, and maintain strategic priorities to ensure that the promotions, offers and opening events are relevant to target segments, consistent with broader short-term and long-term Champion brand and financial objectives, while concurrently delivering positive in-showroom customer experiences. Superior Customer Experience – Collaborate with Sales and other colleagues to ensure delivery of a compelling and consistent showroom design and layout that reflects and communicates the essence of the Champion brand, and offers an unparalleled customer experience that differentiates the brand from other choices in the market, and drives preference, superior customer satisfaction and referrals. This is experience is particularly critical in the home, where Champion Sales staff work with prospects to close deals. CRM – Primary responsibility for continuing to design and build - in collaboration with Sales and IT - a comprehensive, scalable Champion customer database that the company can leverage through both online and offline Marketing as a key strategy for enhancing customer relationships, customer loyalty, cross-sell opportunities (LTV), and for driving customer referrals (and NPS). Insights and Innovation Leadership – Strive to continually uncover and identify new marketplace and consumer trends, in addition to a keen understanding of the competitive set, thereby enabling Champion to set the pace for “what must come next” from an industry standpoint. This understanding should be leveraged to define Marketing and communication opportunities worth exploring further via strategy/business case development and measurable, projectable in-market testing. Functional Leadership and Development – Build and shape a highly-effective, worldclass Marketing team by hiring, training, motivating and setting leadership direction for all direct reports. Define and nurture a collaborative and customer-centric Marketing culture—cross-functionally—within the broader Champion organization. Performance & Success Measures Increase total Revenue and EBITDA Increase same-store Revenue Increased quantity and quality of customer leads (RPA - $ Return-Per-Appointment) Cost/Appointment; Cost/Sale Continually improve NPS Improving critical Brand Health measurements (Awareness, Consideration, Preference) Measureable enhancement of customer Shopping Experience (Showroom, Living Room) Increase Marketing ROI (by-program/channel) Maintaining competitive ratio of Advertising $/Revenue 360-degree feedback from internal teammates © 2013 Wiser Partners, LLC Champion ~ “SVP, Marketing” Page 4 of 6 Reporting Relationship(s) The new “SVP, Marketing” will report to Mr. James Mishler, CEO for Champion (since 2012). With more than 25 years of experience in the Building Products Manufacturing and Distribution industries, Jim has held leadership positions with companies including Lennox Industries, Pella Windows and Doors and Whirlpool Corp. Most recently, he was President of Goodman Sales & Distribution at Goodman Global Inc., a manufacturer and marketer of Heating, Ventilations and Air Conditioning products for both residential and commercial markets. Key Internal Operating Relationships CEO CFO SVP, Sales Operations VP, IT VP, Manufacturing VP, HR Staff and Resources Product Management Creative Services Support Services/Analytics Customer Care Compensation & Benefits Competitive base salary Annual cash performance incentive/bonus Equity participation 401K (with match) Life and DB Insurance (available) Paid time off/Vacation Comprehensive Health Care benefits Relocation assistance to the greater Cincinnati, OH area Location & Travel Champion is headquartered in Cincinnati, OH. It is fair to expect routine domestic business travel related to the role (e.g., Supplier and Trade meetings, vendor meetings, regular Field work), throughout the U.S. No International travel is expected at this point. © 2013 Wiser Partners, LLC Champion ~ “SVP, Marketing” Page 5 of 6 Candidate Profile Experience Base Digital Marketing – Candidates should have recent experience developing or overseeing Interactive Marketing plans with an understanding of the current online customer acquisition channels and agencies/suppliers. Should be familiar with a variety of tools, including E-Mail, Display Adv., Retargeting, Affiliate, SEO/SEM, Social Media, Mobile. Direct Marketing/Response – DM/DR experience, with accountability for driving leads, and qualified traffic across multiple channels, with a Marketing mix that includes a variety of communication vehicles. Marketing mix modeling experience with a focus on MROI. Retail Experience – Beyond the traditional “line” Marketing role, ideal would be experience in a customer-focused, promotionally-driven Retail Marketing environment (QSR, Casual Dining, Home Furnishings, Wireless, Weight Management, Fitness), which could also include a Field-Based Marketing assignment (local activation). CPG/Brand Management – Ideal, but not required, traditional CPG Marketing foundation (at least Brand Manager level), from a world-class CPG company. Demonstrated experience with Positioning, Segmentation, Product and Portfolio Management, Marketplace Activation (both Traditional and New Media), Insights/Research, Communication Strategy, Media Planning/Buying and Innovation/NPD. Organizational Development – Experience recruiting, hiring, managing, developing, motivating and promoting direct reports, and installing/nurturing a Marketing-centric culture. This ability extends to external relationships, too, with key Agency partners. Proven success delivering results with limited resourcespeople, money and time. Skill Set World-class Brand and Direct Marketing skills (technically proficient) Innovative and creative thinking balanced with pragmatism (fresh, imaginative thinking) Organizational leadership and team development (leads through influence) Intellectual horsepower (highly analytical & strategic) Drives for results in prioritized manner (balanced sense of urgency) Listening skills, minimal ego (listen first, then respond) Complex problem-solving, especially hands-on ability (create options, then converge) Organized and attention-to-detail approach (strong tactical execution) Highly resourceful (stretches people and money; compresses time) Collaborative (works with peers across many functionalities within the company) © 2013 Wiser Partners, LLC Champion ~ “SVP, Marketing” Page 6 of 6 Personality Profile Self-directed/motivated self-starter Flexible and adaptable Results orientation Sense of urgency Enthusiastic Strong work ethic High integrity and trustworthy Intellectually curious Ego in-check Search Contact David Wiser Principal Partner – Cincinnati, OH Office david@wiserpartners.com 513.919.4000 (M) File: Position Specification/Champion/Champion SVP Mktg Spec (11 12 13-F-DW) © 2013 Wiser Partners, LLC