PrivacyTerms
imranparekh

Imran Parekh

@imranparekh
Imran Parekh is an adept executive with a robust background spanning nearly two decades in various high-growth industries, including technology, construction, manufacturing, and software. As a partner at SAMMIK Consulting, he uses his deep expertise in finance, operations, and strategic management to guide businesses through periods of growth and operational refinement. Parekh's exceptional proficiency in financial analysis, budgeting, and strategic forecasting has positioned him as a critical asset to organizations looking to streamline operations and enhance profitability. He is highly skilled in utilizing sophisticated data analysis tools like Power BI, enabling him to provide actionable insights that drive business decisions and operational improvements. In his strategic roles, Parekh has demonstrated a keen ability to develop and implement comprehensive business strategies, effectively managing communication across all levels of the organization. His experience in global business environments has given him valuable insights into managing diverse teams and adapting business strategies to fit various cultural contexts. Parekh has a strong track record in mergers and acquisitions, having managed over ten successful integrations in the past nine years. His strategic oversight and meticulous approach to integration have ensured seamless transitions, preserving value and fostering growth in the post-acquisition phase. Parekh began his career at Norampac, where he quickly rose from Junior Controller to Regional Controller for the U.S. and Mid-Atlantic Canada. In this role, he was responsible for financial oversight across divisions, generating $150 million annually. He implemented cost-saving measures that significantly reduced inventory costs by $400,000 and streamlined administrative operations to save $300,000 annually. He then transitioned to New England Interstate Container, serving as Controller. In this position, he oversaw financial operations for divisions with a combined annual revenue of $50 million and successfully implemented a pricing strategy that increased profitability by $2.5 million over two years. His subsequent role as Controller at Neptune Benson saw him facilitate the integration of five acquisitions, which collectively enhanced the company's annual revenues by $30 million. Later, as Chief Financial Officer at Adaptec Solutions, he led the financial and operational integration of three significant acquisitions, significantly expanding the company's reach and capabilities. Now, as a partner at SAMMIK Consulting, Parekh continues to apply his extensive experience and strategic insight to assist companies in optimizing their operational and financial strategies to achieve sustainable growth. Born in Karachi, Pakistan, Parekh moved to the United States at 19 to pursue higher education at the University of Michigan, where he earned a degree in economics with a minor in mathematics. He furthered his education with a finance degree from the State University of New York at Buffalo, drawing on his family's entrepreneurial background to deepen his business acumen. Parekh is committed to philanthropy and supports several charities, including Helping Hands, Lions Club International, and Toys for Tots. He values giving back to the community and contributing to charitable causes. Outside of his professional endeavors, he is a passionate golfer, taking up the sport in 2023. He enjoys the discipline and challenges it brings. He also loves traveling with his wife, Huma Kasumbi, exploring diverse cultures and gaining new perspectives through their journeys across North America, Europe, and Asia. Imran Parekh is not only a leader in business but also a model of personal development and community involvement.
Read More ▾
Source
Report
Embed
Info
imranparekh giphygifmaker giphyattribution GIF
Use Our App