Patrick Ruark is a highly accomplished finance executive with over 35 years of experience leading global finance teams and projects across various industries, including finance, manufacturing, high-tech, and product development. His career is marked by a consistent track record of developing creative cost improvements and leading successful change management initiatives, establishing high-performing teams, and achieving ambitious goals.
During his tenure at Intel Corporation, Patrick served as Vice President and General Manager of Worldwide Global Construction, where he managed capital projects totaling $15 billion and a workforce of over 15,000 contractors. Under his leadership, Intel experienced a 25% increase in factory capacity and improved operational efficiency, delivering 75% of construction projects on time and within budget (3X better than industry norm). As Vice President of Finance, he managed a $3.4 billion expense budget and led transformative initiatives that resulted in over a $5 billion reduction in construction costs, significantly enhancing the organization’s bottom line.
Patrick is known for his strategic vision, serving as a change agent and complex problem solver. He has partnered with executive leadership to develop growth strategies and implemented cost reduction initiatives that have delivered impressive profit improvements. After leaving Intel, he transitioned to an independent consultant role, where he has supported medium and large firms in M&A integration and operational efficiency projects.
A recognized leader and speaker, Patrick has shared his insights at numerous engagements within Intel, inspiring others to challenge the status quo. He holds an MBA with a double major in Finance and International Business from Indiana University, along with a Bachelor’s degree in Finance from the University of Michigan.
Outside of his professional pursuits, Patrick enjoys fly-fishing, hiking, woodworking, and spending quality time with his family. With a commitment to high moral standards and a desire to invest in growing companies, Patrick Ruark is poised to make a significant impact in the boardroom and beyond.
Character
Patrick Ruark is a transformational leader known for his integrity and high moral standards, consistently inspiring those around him to challenge the status quo. His commitment to excellence is evident in his ability to cultivate high-performing teams and drive significant organizational change.
Knowledge
With over 35 years of experience in finance, Patrick possesses deep expertise in developing creative cost approaches and implementing efficient change management strategies. His extensive background includes senior leadership roles at Intel Corporation, where he successfully managed multi-billion-dollar budgets and complex projects.
Strategic
Patrick is recognized as a strategic visionary who has consistently delivered impressive results through innovative problem-solving and strategic planning. His ability to develop and execute growth strategies has led to substantial cost savings and enhanced operational efficiencies across various organizations.
Communication
An effective communicator and speaker, Patrick excels at conveying complex financial concepts to diverse audiences, fostering collaboration among teams and stakeholders. His experience leading global finance initiatives has equipped him with the skills to engage and motivate individuals at all levels of an organization.
