Healthcare Technology Interim CEO

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Summary

This healthcare technology interim CEO is a dynamic and collaborative senior executive leader with experience guiding sizeable technology and medical device companies utilizing quality business strategies, lean manufacturing techniques, and continuous improvement to ensure organizational goals and objectives. This includes Healthcare wearable products, healthcare related optical equipment, and other healthcare technology based products. He has a talent for turning around businesses and launching and managing new programs generating significant revenues and EBITDA. He is a results-driven and passionate professional who can drive effective performance through data analysis, financial management, supply chain, investment decisions, plant management, and sales leadership. He has a proven expertise and track record of enhancing corporate profits while implementing sustainable organizational growth solutions and success.

Highlights
• 30+ years of experience
• P&L Operations Management
• Strategic Business Planning
• Global Supply Chain Expertise
• Executive Team Leadership
• Acquisitions and Mergers Management
• 30+ years of experience
• P&L Operations Management
• Strategic Business Planning
• Global Supply Chain Expertise
• Executive Team Leadership
• Acquisitions and Mergers Management

Relevant Accomplishments

• Spearheaded the development of significant sales, marketing, and brand development plans aligned with business partnerships, facilitating the distribution of US-based medical device distribution for multiple products.
• Designed and implemented a high-volume low labor manufacturing and distribution plan for a low-cost disposable medical device in line with GMP and ISO 9000 requirements.
• Created a predominately US low-cost supply chain that delivers a competitive domestic landed material cost with maximum flexibility and lowest disruption risk.
• Created a predominately US low-cost supply chain that delivers a competitive domestic landed material cost with maximum flexibility and lowest disruption risk.
• Designed and implemented a new outboard logistics cost reduction plan achieving over $9Million reduction in operational costs within the first 12 months while improving delivery level of service to the customer from 2-3 days to next day.
• Introduced a customer-centered operating plan through the entire organization increasing labor efficiency by 15% throughout daily workflow with clear performance metrics across ten manufacturing and distribution centers.
• Deployed business process and manufacturing automation enabling next day level of service while reducing headcount by up to 70% in key work centers.
• Achieved a 30% growth in sales plans throughout new territories within North and South America, re-engineering operations to return the organization to a profitable state.
• Introduced cost-effective business strategies and financial performance expectations by restructuring business entities in Chile, China, Uruguay, Argentina, Mexico, and the United States.
• Provided continuous support and leadership for reorganizing business workflow resulting in turning around prior losses to breakeven within nine months.
• Successfully mapped and defined a new cost containment and reduction program reducing expenditures and costs by over 18% within twelve months across complex and manually orientated machine shops.
• Held responsibility for all P&L activities, business management, and brand development, increasing revenue by 22% within 12 months from previously underperforming product lines.
• Developed a new 3-year technology and product cost roadmap for all product categories aligned with market and customer needs, launching a new $300M available market for product sale plan.
• In collaboration with the Board led organization and leadership team through the company’s sale to Ametek, Inc. for 11.7 times TTM EBITDA.
• Slashed workflow operating costs by 15% and managed expenses while concurrently supporting business growth in achieving over 20% per annum by driving operational excellence.
• Implemented vertical Integration in supporting the design and deployment of critical intellectual property, leading to a 30% reduction of materials and processing costs.
• Re-engineered the internal supply chain network in reducing product development costs by 25% by introducing a fully developed integrated global supply chain, manufacturing, warehousing, and distribution center strategies designed to increase annual productivity.
• Acquired and fully integrated two technology companies into Masimo to increase Masimo’s intellectual property portfolio and drive additional product differentiation in the market.
• Turned around $19M loss on $50M HP business unit, reducing exposure to under $1M, within six months. Further developing the HP relationship into the first global business unit within Jabil to $75M, designing and implementing many of the core SOPs within global business management for Jabil
• Moved to the US to turnaround the Dell business unit that was failing to launch on-time and with a loss-making outlook to launching the business from design release to globally launch within six weeks and growing the business from zero revenue to $550M in 12 months with 2x expected income.
• Dispatched back to the UK to turn around the failed Marconi manufacturing asset acquisition that was losing between $4M and $5M per month. Restructured the business in line with Marconi and Jabil’s needs, resulting in a return to profitability within nine months.
• Introduced consumer electronics to Jabil, further developing and diversifying Jabil’s brand with the purchase of 14 facilities from Royal Philips with a $4B, 3-year supply chain agreement.
• Slashed stagnated operating costs within Royal Philips from $270M to $180M within 18 months, maximizing supply chain strategies to match customers’ cost expectations.
• Created and developed a new Medical Device contract manufacturing division growing revenue to $580M within five years, with net income in excess of 20%.
• Launched the new divisions of testing and measurement equipment and capital equipment with consolidated revenues in excess of $610M and net income over 15%.

Roles

• • Advisor and Board Member
  • President
  • Business Unit President
  • Chief Operating Officer
  • Chief Operating Officer
  • Snr Business Unit Director
  • Business Unit Director and Business Unit Manager

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Click “request expert” for a free initial screening call with this expert or a similar expert regarding your expert consulting needs