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Former CEO and C level executive recruited by founders and investors (venture and private equity) to transform businesses through new business development and launches, operational improvements, and/or product development and then find and close acquisitions and/or exit opportunities• Former CEO/President of early stage platform technology and service businesses in digital media, mobile, and enterprise software; exits to Lin Media (ad tech), Google (facial recognition), and Safelight (SaaS software)• Former Senior executive for new business development and strategic corporate development in SMB SaaS, digital advertising, internet dating, search, and data management; exit to Yahoo (ad tech) plus 12 acquisitions (@Thrively, Internet Brands, Overture)• Current Board member and advisor; startup advisory board member; 3 exitsCore competencies in strategy development and execution, new product/business development, operational improvement, process management and corporate development
Magna Transportation Group
View- Website:
- magnatrucking.com
- Employees:
- 19
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Chief Executive OfficerMagna Transportation GroupManhattan Beach, Ca, Us -
Board MemberSyntouch, Inc. Oct 2019 - PresentMontrose, CaFounded in 2008 and headquartered in Los Angeles, SynTouch brings scientific certainty to decisions about product feel. The SynTouch Toccare® Haptics Measurement System precisely and repeatably quantifies what human fingers feel, and produces the surface or material’s SynTouch Standard model of 15 dimensions that describe its nuanced haptics profile. -
Vice ChairmanMagna Transportation Group Mar 2019 - PresentOntario, CaCo-owner at specialty heavy haul transportation brokerage and trucking services with about $30 million in annual revenue. -
PresidentAdvisory Services Nov 2014 - Mar 2019Greater Los Angeles AreaCEO level consulting and interim management services in early stage and high growth businesses to identify growth, investment, and profit improvement opportunities, as well as exit strategies. • Magna Transportation Group (Rancho Cucamonga, CA). Heavy haul trucking business operating in the western US, with 2018 revenue of about $26 million. Investor and managing partner working with CEO to achieve growth, operating improvements, higher profits, greater access to capital and liquidity for original investors. • Interim President, Thrively: Relaunched drip and ad hoc email marketing programs and increased YoY registration 4x within 6 months, growing user base to over 1 million. Acquired local activity search business and launched Activity Marketplace for parents, students, and service providers. • AnyMeeting (Huntington Beach, CA). Web conferencing and webinar services to small businesses. Update to website and sales and marketing funnel. Rebuild of sales team and processes. Advice on strategic acquisition and potential partnership opportunities. Acquired by Intermedia.• Peer Support Solutions (Pasadena, CA). Online peer based group therapy and behavioral health content platform for insurers and nonprofit organizations. Led negotiation on distribution partnership and insurance company platform deals. Rewrote business plan and budget.• Boost Academy (La Jolla, CA). Online tutoring services. Raised $350,000 to retarget marketing and develop new email and direct marketing programs. Negotiated B2B deal with NU. • Internet Brands (El Segundo, CA). Evaluated >20 targets in web development/hosting, SaaS CRM, video marketing, chat and call center services, data management, and practice management systems. 6 acquisitions closed plus development of strategic joint venture.
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CeoNami Media Apr 2009 - Apr 2014Los AngelesPlatform software powering cost per click ad solutions into banner and contextual ad space for advertisers and ad networks. Founder-owned with Pasadena Angel investment. Acquired by Lin Media.Recruited directly by founders to transform a small PPC syndication business into a full service PPC digital advertising business. Led sale to Lin Media and managed integration through 2013. • Scaling the business: o Grew ad sales from $10 million in 2008 to $65 million in 2013o Rebuilt sales, customer service, engineering, operations, and leadership team (30 hires) and created processes and metrics that built a performance-oriented culture o Created operations team and infrastructure to support 6 billion queries per day at processing speed of 300-500 milliseconds with 99.7% or better uptime• New product development and launch: designed, developed, and launched a content ad solution supported by a trading desk, and redesigned the ad network platform; introduced agile development and created scaled data management capabilities (for internal and external use)• Marketing upgrade: launched new website, created premier networking event at semi-annual ad:tech conferences, and built full range of collateral for platform and service products• Exit management: led negotiation and execution of deal to sell to Lin Media; integrated business into Lin Media Digital for two years post acquisition.
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CeoFreeconference.Com (Dba Global Conference Partners) Aug 2006 - Oct 2008Los AngelesLow cost SMB web and audio conferencing services marketed online; Owned by American Capital. Acquired by Iotum.Recruited by American Capital to replace founder and transform a small, audio conferencing service into a market leader in a broad range of conferencing services for small/medium enterprises. • Scaling the business: o Increased revenue from $12 million to more than $20 million per year, while absorbing a drop in rates (due to FCC actions) from 2.7 cents per minute to about a pennyo Grew conference calling volume from about 400 million to 1.5 billion minutes per yearo Built new premium services to grow subscription revenues to about $5 mm annuallyo Built team (16 hires) and established systems to measure and manage performance• Transforming marketing: o Reduced online customer acquisition costs from $32 to $12 through upgrade of SEO/SEM programs (marketing budget of about $1 million annually)o Built email marketing program and viral referral-based marketing initiativeso Relaunched existing website and launched two new product websites plus a corporate site. Core and new product sites were top 5 Google search results within 12 months• Redesigning products and services:o Upgraded existing product and user interface to improve usability and support introduction of premium services; created outlook widgeto Introduced new brands and products targeting enterprise marketso Added web conferencing capability to product through licensing partner -
CeoNeven Vision Nov 2005 - Aug 2006Santa Monica, CaliforniaStartup in facial and image recognition technology for mobile devices with markets in mobile ads and biometric security. Lead venture capital investors Anthem Ventures and Zone Ventures. Acquired by Google.Recruited by founder and lead VC to identify best opportunities for world-class machine vision technology, raise needed funds, scale, and build go-to-market capabilities. • Scaling the businesso Built annual revenue of $6 million in first 7 months of 2006 for mobile ad campaignso Led internal raise of $2.5 million, and led discussions for a Series C raise of $10 million o Recruited biometric industry GM and reorganized (17 hires) to spin off biometric security unit as licensed entity to leader in fingerprint security business• Building go-to-market capabilities:o Reorganized product dev to create UI/UX capability and complete productizationo Built mobile ad product; executed mobile ad campaigns in the US, Europe and Asia o Redesigned web site, collateral, marketing materials and approach to trade shows; hired PR firm and generated publicity through interviews in U.S. print and TV media• Exit management: pitched partnership opportunity and led the negotiation and execution of sale to Google in August of 2006 -
PresidentAdvisory Services Mar 2004 - Aug 2005South Pasadena, CaliforniaProvided CEO level consulting and interim management services in early stage technology businesses to identify growth, investment, and profit improvement opportunities.Stochasto. Established US team to port Russian natural language search technology and build mobile platform for local search services. Supported sale of other assets to Norwegian companies.Stirling Bridge. Built business plan for two new products leveraging distributed computing platformSpark Networks. Developed new product for online self-improvement servicesMellon Ventures. Identified opportunity to build new online agency business through acquisition and organic growth. Evaluated acquisition targets and conducted diligence on first two targets, working with Mellon Ventures’ Technology Practice. Primary target acquired by Experian.
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Executive Vice PresidentOverture Services Jan 2002 - Nov 2003Pasadena, CaliforniaRecruited by CEO to develop and execute strategy for expanding product/market opportunities for the company that invented the price-per-click ad marketplace adopted by Google ($300 million settlement cost for patent infringement). Overture acquired by Yahoo October 2003.• Strategy development: identified potential for expansion into contextual advertising, local search, branded consumer web search, and online agency businesses and gained approval of Board for business plans, acquisition targets and internal new business development• Developing new businesses: o Acquired AltaVista and Alltheweb search engines ($140 million and $70 million). Led integration into branded web search business (revenue of $70 million, 130 employees). Managed extension of search technology into core text ad productso Acquired and refocused Keylime Software to build online campaign management services. Grew revenue to $10 mm and leveraged platform to improve advertiser services in core.o Built local search business and released beta product on AltaVista.com -
CeoQuivox Systems Nov 2000 - Jul 2001Torrance, CaliforniaSaaS product for insurers to create and manage preferred supplier networks in claims services. Owned by Blue Capital, Fenway Partners, and J.P. Morgan Chase. Acquired by Safelight.Recruited by Private Equity partners to integrate two portfolio companies, establish complementary product development teams and efforts, define product/market focus, build customer base and sales pipeline, and create revenue.
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Business Unit Leader And Vice PresidentCargill Jan 1999 - Nov 2000Wayzata, MinnesotaRecruited by Vice Chairman to support Cargill growth strategy by building new businesses leveraging biotechnology; led Cargill initiatives in specialty polymers ($200 mm investment), industrial intermediates ($50 mm investment), and specialty feed ingredients ($100 mm investment). Created and built a global business using genetically engineered microorganisms and fermentation-based manufacturing processes to create new products to improve digestion and gut health of targeted livestock. -
General Manager And Assistant Vice PresidentCargill Mar 1996 - Dec 1998Wichita, Kansas And Ogden, UtahP&L responsibility for 12 flour mills with annual revenues of about $450 million, 500 employees, and pretax earnings of $35 million. Improved pretax profits from $26 million to $35 million in less than two years through better targeting of customers, improved operating efficiency, better performing quality controls, recapture of lost share in existing customer base, and acquisition of new customers -
Strategy Development ManagerCargill Feb 1993 - Feb 1996Wayzata, MinnesotaBuilt an internal consulting group and worked with business units globally to improve profitability and create leading positions within their industries and markets. -
PresidentWilknight (Cargill Sub) Jan 1994 - Apr 1996Wazyzata, MinnesotaWorked with COO to rebuild the teams and redirect the focus of three light manufacturing businesses. Doubled sales and tripled profitability in 3 years.
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Senior Engagement ManagerMckinsey & Co Aug 1986 - Feb 1993Los Angeles, California, Washington Dc, And Houston, TexasProvided strategic, operational, and organizational consulting to Fortune 500 companies. Primary focus on energy companies.
Alex Cory Education Details
Frequently Asked Questions about Alex Cory
What company does Alex Cory work for?
Alex Cory works for Magna Transportation Group
What is Alex Cory's role at the current company?
Alex Cory's current role is Chief Executive Officer.
What is Alex Cory's email address?
Alex Cory's email address is al****@****ail.com
What is Alex Cory's direct phone number?
Alex Cory's direct phone number is +180162*****
What schools did Alex Cory attend?
Alex Cory attended University Of California, Berkeley, Pomona College.
Who are Alex Cory's colleagues?
Alex Cory's colleagues are Dustin Butler, Brittany Pate, Ralph Ornelas, Jimmy Ulrey, Peter Millard, Ada Torres, Nancy Nelson.
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