Chip Draper

Chip Draper Email and Phone Number

Operating Partner| Medical Device Portfolio @ Pritzker Vlock Family Office
Massachusetts, United States
Chip Draper's Location
Suffolk County, Massachusetts, United States, United States
Chip Draper's Contact Details

Chip Draper personal email

n/a

Chip Draper phone numbers

About Chip Draper

MEDICAL DEVICE EXECUTIVE | CEO, SVP, Head of Commercialization — I’m a high-integrity leader, business builder, and growth strategist with proven success developing and scaling companies in the medical device space. Throughout my career, I’ve led start-up and global businesses to new heights of profitability and efficiency—establishing robust infrastructures for operations and commercialization, turning around underperformance, and cultivating world-class teams along the way. Highlights of my experience include:ACCELERATING THE BUSINESS LIFECYCLE• Directed Vascular Insights, LLC, from early-stage through acquisition by Merit Medical Systems Inc. | Built the commercial organization and expanded to 35 countries. Partnered with the board and investors to restructure, rebrand, and ultimately exit the business for 6x revenue.• Board Member | Contributor in sale of AV Medical Technologies to Medtronic. | Tapped by Pritzker Vlock Family Office, primary investor in Vascular Insights, to act as interim CEO and board member, advising existing CEOs of portfolio companies. Guided strategy, shaped decisions, leading to profitable acquisitions.STRENGTHENING COMMERCIALIZATION FOR LARGE-SCALE COMPANIES• Grew Covidien’s renal portfolio through global upstream marketing. | Provided vision and direction to drive innovation, commercial, and worldwide expansion for $130M portfolio, now a standalone division within the company. Uncovered business development and licensing (BD&L) opportunities and directed new product launches.• Improved leadership and commercial performance by leading business unit global training and development organization for Covidien. | Revitalized leadership development and coaching programs, and improved training delivery for employees in 150 countries. Consolidated training operations after the $2.6B acquisition of ev3 Inc.

Chip Draper's Current Company Details
Pritzker Vlock Family Office

Pritzker Vlock Family Office

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Operating Partner| Medical Device Portfolio
Massachusetts, United States
Chip Draper Work Experience Details
  • Pritzker Vlock Family Office
    Operating Partner| Medical Device Portfolio
    Pritzker Vlock Family Office
    Massachusetts, United States
  • Pritzker Vlock Family Office
    Operating Partner| Medical Device Portfolio
    Pritzker Vlock Family Office 2019 - Present
    Greater Boston Area
    Tapped by the primary investor, Vascular Insights (former company), to provide expert leadership and guidance for organizations within the medical device portfolio. Took the reins as President & CEO as needed, served on boards, and worked shoulder to shoulder with existing CEOs to advise on commercialization, restructuring, turnarounds, growth planning, and exit strategies.• E-Motion Medical, Ltd., Tel Aviv and Boston | President & CEO – Steered successful liquidation process for Israeli medical device company, saving investors >$20M.• AV Medical Technologies Ltd. | Board Member – Advised on strategy, growth planning, and developing distributor relationships worldwide, contributing to $30M acquisition by Medtronic.• Pristine Access Technologies | Board Member – Partnered with the CEO and board to build a solid foundation and establish the commercial and operational groundwork for growth.
  • Vascular Insights, Llc
    President & Chief Executive Officer
    Vascular Insights, Llc 2018 - 2019
    Quincy, Ma
    Steered company turnaround—restructuring, rebranding, and culture change—leading to $60M acquisition by Merit Medical Systems Inc. in nine months. Led the executive acquisition team, guided the transition team through the transactions, and oversaw winding down of operations.• Maximized value via acquisition at 6x revenue.• Provided skillful leadership and proactive preparations—enabling 96% of non-executive employees to transition to the purchasing company.• Resolved reimbursement and other commercialization issues to facilitate exit negotiations.• Streamlined operations and manufacturing processes, driving down OPEX.
  • Vascular Insights, Llc
    Global Head Of Commercial | Svp
    Vascular Insights, Llc 2014 - 2018
    Quincy, Massachusetts
    Built and scaled the commercial organization (marketing, sales, access, healthcare economics, reimbursement, clinical education, training, customer service) for start-up medical device company. Held majority accountability for the operating budget and workforce. Managed P&L.• Developed the strategic commercial roadmap and exit plan.• Ramped up the business to achieve commercial success in 35 countries.• Created a powerful sales and marketing organization: increased revenue by 1,000% in four years.• Increased market share from zero to 8.7%.• Defined and closely tracked performance metrics.• Expertly navigated changing reimbursement landscape in the US.• Fostered alliances with industry groups, leading to board appointments with the American College of Physicians (ACP) and American Venous Forum Foundation (AVFF).• Established a people-centric culture that thrived on teamwork and accountability.
  • Covidien
    Director | Training & Professional Development, Renal
    Covidien 2013 - 2014
    Greater Boston
    Promoted to the executive team to restructure, revitalize, and oversee training and leadership development for employees and leaders in 150 countries. Provided business expertise and decision-making support—including running quarterly business reviews and proposing data-driven strategies to bolster performance for the sales team. Managed $14M budget.Covidien was acquired by Medtronic in 2015.• Facilitated M&A integration and transformation by consolidating training centers and operations after the $2.6B acquisition of ev3 Inc.• Launched virtual training team and programming—expanding training impact while minimizing costs.• Created profit center by leading “war game” strategy sessions with several adjacent divisions in exchange for investment in the training organization.
  • Covidien
    Senior Manager | Global Upstream Marketing, Renal
    Covidien 2010 - 2013
    Boston, Massachusetts, United States
    Provided senior-level leadership to drive growth for the $130M renal portfolio. Identified and capitalized on opportunities for product innovation, commercialization, and new market penetration. Partnered with executives in global regions to develop market strategies and business plans.Analyzed the existing portfolio and recommended improvements—through business development and licensing (BD&L) efforts and next-generation R&D. • Strategically expanded the renal group—now a full-fledged division within the company.• Directed new product launches.• Increased market positioning of catheter product from last place to #1 worldwide.• Chaired the Product Portfolio Team Committee.
  • Covidien
    Manager | Sales Training, Compression & Renal
    Covidien 2008 - 2010
    Greater Boston
    Earned promotion to lead a global team in planning, developing, and facilitating training programs worldwide. Managed 26 field sales trainers. In addition to training and development, served as trusted liaison and advisor to Product Development teams—shaping innovation decisions.• Increased penetration of compression and dialysis products in hospitals around the world.• Improved sales and market growth by standardizing commercial messaging (sales systems, product marketing tools, training programs) for four product lines.• Designed advanced corporate training classes to establish subject matter experts across the company.• Appointed to Covidien’s Evidence-based Medicine Task Force.
  • Covidien
    Sales Manager | Vascular Access
    Covidien 2006 - Aug 2008
    Boston, Massachusetts, United States
    Joined Covidien as player-coach accountable for three sales territories—led the team to exceed performance expectations in each one. Zeroed in on opportunities to grow the market and capture new business. Managed the sales budget.• Directed turnaround effort to improve team performance from last to #1 nationwide.• Boosted productivity and sales impact by facilitating training and employee development programs for the region. • Earned recognition for leadership and sales contributions.
  • Draper Executive Search
    Founder | Chief Recruiter
    Draper Executive Search 2002 - Feb 2006
    Kansas City Metropolitan Area
    Founded and directed recruiting firm specializing in executive placements. Cultivated relationships with companies across the US to pinpoint needs, build strategies, and present candidates for leadership roles. Managed business development, client communications, and day-to-day operations. Managed start-up functions and quickly grew the company into a strong, profitable organization.
  • Remedy Incorporated
    General Manager - Los Angeles
    Remedy Incorporated Jun 2001 - Aug 2002
    In a series of Sales, marketing, operations and cost reduction missions, instituted modern management techniques: improved employee morale, cut costs, created system for more effective use of employee inventory, and established quality standards: . • Managed multiple branch office operation as well as on-site operations• Directly managed sales staff of 5 as well as presenting and negotiating major accounts• Primary responsibility for major client development• Tightened client “delivery” and communication standards• Instituted competitive bidding and second sourcing standards leading to increased market share• Implemented a re-design for regions infrastructure to cut costs while securing new business during a down-market• Increased billable hours by double in first six months.
  • Appleone Services
    Region Manager
    Appleone Services 1996 - 2001
    Launched AppleOne’s market presence in the Midwest and managed its growth which grew to over 75 employees and a multi-million dollar enterprise. • Expanded through increased sales, systems implementation, and cost-effective operations.• Oversaw multiple-market development from inception through design, development and success• Established and monitored marketing and pricing objectives.• Developed client relations with major corporations and numerous Midwestern cities.• Continuously expanded into new markets.• Redesigned and improved services to increase gross margin and reduce costs.• Established rigid training and development standards.• Recognized as top ten markets in permanent placement sales in second year.• Consistently met rigid quality standards and targeted sales objectives.

Chip Draper Skills

Medical Devices Leadership Management Recruiting Business Development Sales Product Launch Market Development Training Marketing Strategy Marketing Start Ups Business Strategy Cross Functional Team Leadership New Business Development Entrepreneurship Business Planning Capital Equipment Sourcing

Chip Draper Education Details

Frequently Asked Questions about Chip Draper

What company does Chip Draper work for?

Chip Draper works for Pritzker Vlock Family Office

What is Chip Draper's role at the current company?

Chip Draper's current role is Operating Partner| Medical Device Portfolio.

What is Chip Draper's email address?

Chip Draper's email address is ch****@****hts.com

What is Chip Draper's direct phone number?

Chip Draper's direct phone number is +161743*****

What schools did Chip Draper attend?

Chip Draper attended Baker University, Rockhurst University.

What skills is Chip Draper known for?

Chip Draper has skills like Medical Devices, Leadership, Management, Recruiting, Business Development, Sales, Product Launch, Market Development, Training, Marketing Strategy, Marketing, Start Ups.

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