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High tech CEO with successful track record for developing new businesses in laser and fiber optic technologies. Proficient at developing leading market share, reducing costs, improving supplier relationships, and securing customer and supplier commitment through closing long-term agreements. Combined BSME and MBA offers broad-based skills to rapidly absorb new technologies and apply best business practices. Strong skills in managing the full product life cycle, including market research, product design, development, production and launch.
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Founder, Ceo, Chairman Of BoardNira Jan 2010 - PresentDanvers, Massachusetts, UsFounded NIRA Innovations Inc. with other industry veterans. Closed Series A funding within 6 months of incorporation. Grew NIRA Innovations Inc. from concept to profitability. 19 patents for the only home laser device proven to renew skin without pain or redness. -
President & CeoSeminex Corporation 2003 - 2021Danvers, Massachusetts, UsFounder and general manager of SemiNex Corporation, which designs and build high-power laser diodes for medical, military, and industrial applications. Grew SemiNex to be the leading supplier in InP laser diodes worldwide. SemiNex is the marketshare leader in key markets including: professional medical, home medical, military range finding, OTDR, and the emerging automotive LIDAR market. -
Director: Marketing - Amplification ProductsCorning Lasertron Inc Jan 2000 - Dec 2002- Developed and implemented Corning Lasertron’s Marketing strategy for EDFA pump lasers. Built and managed the marketing department for 980nm and Raman pump lasers.- Defined overall product strategy and product roadmaps. Worked closely with Corning division management to finalize strategy and presented to the CEO and staff. Grew market share from 10% to 50%.- Managed pricing, product mix, forecasting, customer prioritization, applications engineering, advertising, and promotional activity. Completely redesigned web site and collateral materials, doubling web hits.- Served as Project Manager to qualify Corning Lasertron pumps with all Corning Incorporated amplifier customers including Nortel, Lucent, and Ciena. Completed the qualification project one-year ahead of schedule.- Built loosely managed Raman development effort into a well-functioning project team with clear goals, objectives, and integrated project plan. Set up dedicated cross-functional project team and supporting high-level steering committee. Directly managed the project through the critical early development stages and achieved industry-leading performance.- Optimized key component supply relationships and reduced one key supplier part cost by 75% through improved design and supplier partnership.- Redesigned the entire product delivery system, from order entry through manufacturing planning, execution, and order shipment. Managed new product and information flow, part numbering systems, and process feedback to optimize product quality, yield, cost, and control. Reduced product variants by >80% and cut inventory by >50%.- Managed other optical component businesses for Variable Optical Attenuators, Couplers, Getters, and launch new laser chip product sales. -
Business Development LeaderCorning Incorporated 1998 - 2000Corning, New York, Us- Developed and implemented Corning’s long-term strategy for EDFA pump lasers. Developed business plans and managed commercial priorities for Corning’s R&D in laser technology.- Evaluated internal & external supply options for semiconductor laser chips and assemblies, which led to a $2 billion acquisition of Oak Industries, which included Lasertron Inc.- Supported extensive pump laser due diligence for Oak Industries acquisition.- Evaluated external laser chip and optoelectronic packaging suppliers in the US, Japan, and Korea. Led negotiations for a 5-year supply agreement with Japanese laser packaging supplier and a similar agreement for laser chips. -
Marketing Project ManagerCorning Incorporated 1997 - 1998Corning, New York, Us- Managed various projects that support the Product Line Management of Corning multimode fiber products ($100M business). Primarily responsible for expanding optical fiber in the networked PC market (“Fiber-To-The-Desk”).- Negotiated and closed strategic supply and joint development contract with 3M Corporation to target Fiber-To-The-Desk. Negotiated very favorable terms for Corning in the areas of: product supply (100% Corning product), pricing, product development, and joint promotions.- Managed new titania-doped fiber development and implementation for 3M. Met schedule, cost, and volume targets.- Managed product strategy development for new Laser Optimized Fiber. Launched Corning’s new InfiniCor™ fiber, which is now the most successful multimode fiber in the industry. Developed the trademark InfiniCor™.- Performed financial analyses for project justifications and contract negotiations. Closed two long-term supply contracts. -
Marketing AssistantPurdue University 1996 - 1997West Lafayette, In, UsMarketed Purdue University’s intellectual property (IP).- Prioritized IP portfolio based on potential market need, expected market acceptance, and expected financial returns.- Successfully marketed two technologies: - Microwave mode conversion technique to a major aerospace company- Hard metal turning technique to a leading manufacturer of railroad bearings -
Marketing InternCorning Costar Corporation 1996 - 1996- Helped develop brand strategy for filtration products and rationalize manufacturing between two factories.- Coordinated the efforts of a high-level, cross-functional team to redesign filter product line.- Performed primary market research for PCR Thermowell product to determine critical customer requirements.- Developed an annual benchmarking survey for the overall business group.
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Sr. Project EngineerCorning Incorporated 1994 - 1995Corning, New York, UsDeveloped and implemented large equipment projects. Most projects focused on increasing production capacity with minimum capital investment.- Managed 5 engineers to concurrently upgrade machinery and redesign production flow:- Managed Centrifuge Tube production line upgrades to increase capacity by 25% -
Production Shift LeaderCorning Incorporated 1993 - 1994Corning, New York, UsResponsible for the general management of the Oneonta factory (~$80M business) on the evening shift.- Directly managed 38 production employees.- Managed daily production scheduling, operations, training, and troubleshooting activities. -
Sr. Process EngineerCorning Incorporated 1991 - 1993Corning, New York, UsComplete engineering responsibility for centrifuge tube production equipment ($15M business) including injection molding machines and high-speed printing, capping and packaging equipment. Responsible for daily production output, equipment maintenance, equipment upgrades, new product implementation, quality improvements and technical training. - Doubled production capacity over 1½ year period through yield & cycle time improvements.- Reduced variable piece cost by 50% and reduced non-wage fixed costs by 14%.- Converted production lines to Just-In-Time manufacturing.- Developed team atmosphere in unionized plant by holding regular production team meetings, introducing a goal sharing program, and recognizing team achievements. -
Project EngineerCorning Incorporated 1989 - 1991Corning, New York, UsManaged engineering projects from initial concepts through production startup and debug. Capital projects ranged from $50-800k. Worked closely with customer’s plant trades people, production work force, and management staff to ensure new equipment met all cross-functional requirements. Often formed project teams.
David Bean Skills
David Bean Education Details
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Purdue UniversityMaster Of Business Administration - Mba -
Syracuse UniversityMechanical Engineering
Frequently Asked Questions about David Bean
What company does David Bean work for?
David Bean works for Nira
What is David Bean's role at the current company?
David Bean's current role is Founder & CEO of NIRA Innovations Inc..
What is David Bean's email address?
David Bean's email address is db****@****nex.com
What is David Bean's direct phone number?
David Bean's direct phone number is +197827*****
What schools did David Bean attend?
David Bean attended Purdue University, Syracuse University.
What are some of David Bean's interests?
David Bean has interest in Electronics, Outdoors, Home Improvement, Reading, Music, Travel, Movies, Home Decoration.
What skills is David Bean known for?
David Bean has skills like Research And Development, Management, Electronics, Product Development, Engineering, Business Development, Manufacturing, Cross Functional Team Leadership, Product Management, Semiconductors.
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