In 2005 Jerry Esposito became the procurement and supply-chain sourcing leader for Camarillo, Calif.-based Technicolor Home Entertainment Services. The company is a division of France's Thomson Group, a 600 billion euro ($7.8 billion) manufacturer and marketer of compact disks and DVDs, and serves the major movie studios, the gaming industry and other major software marketers.
In his current role, Esposito supports manufacturing operations throughout Mexico, Canada, Hong Kong and the United States and coordinates with counterparts in Europe and Australia. His duties include the direct purchasing of resins and packaging. He reoriented the sourcing strategy for the dominant resin - polycarbonate - from one of spot buying to creation of strategic relationships with specific vendors.
Esposito worked at Mars Inc. from 1985-2003. The privately held, $16 billion consumer-packaged-goods company produces such brands as Snickers and M&M's candies, Uncle Ben's rice, and Pedigree and Whiskas pet foods. He started as manager of global procurement for Mars Electronics, International, in Westchester, Pa., before moving to Vernon, Calif., in 1991 to become senior manager of services procurement for Mars' Kal Kan Foods Inc. The following year he was promoted to Kal Kan's procurement director - a post he held for seven years.
In 1999 Mars consolidated the North American confection, food and pet-care businesses under the Masterfoods USA name, and Esposito was named vice president of sourcing for the new unit. His 80-person team oversaw $2 billion in annual purchases. He served in that role till 2003 when he left to do some independent consulting for the two years before joining Thomson.
Esposito also worked previously for Western Union Telegraph Co., Harris Corp. and Carrier Air Conditioning. After earning a bachelor of arts degree in pre-law at State University of New York in Geneseo, N.Y., he gained an MBA in finance from Syracuse University's School of Management in Syracuse, N.Y., and worked for a while as an adjunct university professor in materials management.