Senior Vice President Bd And M&A
San Jose, Ca, Us
Joined Shutterfly with new CEO and helped redefine mission, vision, values and strategy. Grew revenue from $50 million to $500 million and 7% EBITDA to 23%. Completed successful IPO 18 months after joining.Business Development. Created business development strategy which increased new customers from BD by 250%. Targeted verticals such as new moms, newlyweds, travel, camera purchasers, computer purchasers, youth sports and retail. Executed over 50 partnerships that include Amazon, Expedia, TripAdvisor, BabyCenter, TheKnot, David’s Bridal, Dell, Sony, SanDisk, Target, BestBuy, Borders, Walgreens, and Livestrong.Corporate Development. Led corporate acquisition strategy which focused on driving growth of core business, expanding into new markets and acquiring technology to accelerate product development. Acquired 4 companies and led all aspects of company identification, diligence, negotiation, closing, and integration.Corporate Strategy. Executed new growth initiatives to expand current businesses such as building new Sponsorship/Advertising business (multi-million dollar revenue business), developed plan to launch commercial printing division to drive free cash flow to take advantage of excess printing capacity, and expanded manufacturing nationwide (closed CA facility, built Southeast and West 100,000sf facilities).GM Incubation. Developed and managed new businesses. Built advertising business to promote premium brands on Shutterfly. Responsible for all aspects of developing ad products, selling to brands, defining technology requirements, implementing targeting and overseeing ad operations. Business generated 7-figure revenue within 2 years. Additionally, oversaw Professional Photography business and the Shutterfly Foundation.