Ivan Ilchev is an experienced CEO with a long history of helping health product companies scale their businesses, transform manufacturing capabilities, and achieve successful exits. His success is rooted in his ability to quickly build companies, accelerate performance, and sustain YOY revenue/earnings gains. Ivan is President & CEO of ION Nutritional Labs, a growing contract manufacturer of dietary supplements and pet products, where he was instrumental in the sale of the company to DCC (FTSE 100: DCCPF) and has since elevated the company through automation, expansion into new product lines (e.g. gummies), and delivery of cost-saving efficiencies. Prior to this, Ivan served as COO, VP of Operations, and Director of Operations for ION – and during that time – substantially grew revenue, team size, manufacturing capacity, and product offerings. Earlier in Ivan’s career, he led multi-plant operations for Geo Pharma and fueled growth across both dietary supplement and pharmaceutical business lines. While with Geo Pharma, he built a maintenance/engineering function from scratch, stood up a new antibiotic facility, and led a large organization.Ivan is a strong leader who builds high performing teams, works effectively with boards, and guides organizations through significant growth/change.
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Hbi Usa AdvisorHbi UsaFlorida, United States
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President And Ceo Of Ion LabsIon Labs, Inc. May 2019 - PresentUnited StatesPromoted to President/CEO and quickly led a comprehensive 4-month search for a strategic buyer, which culminated in the purchase of ION labs by DCC (FTSE 100: DCCPF). Retained by DCC to acclerate revenue growth, bring a new gummy plant online, implement automation, and deliver companywide efficiency gains/expense reductions. Selected by DCC leadership to simultaneously evaluate and elevate Elite One Source. -
Chief Operating OfficerIon Labs, Inc. Jun 2017 - May 2019United StatesPromoted to drive next-level growth, expand capacity/capabilities, install increased operational structure, and begin the process of selling the company. Developed/implemented an ambitious strategy focused on moving into a new 195K square foot manufacturing facility, leasing/building out an additional 200K square foot manufacturing plant for gummy production, and creating a first-in-kind QC testing lab. Led a large team while serving as a direct link between the CEO and company VPs. -
Vice President OperationsIon Labs, Inc. Jul 2015 - Jun 2017United StatesPromoted to continue accelerating ION Labs growth, capacity, and relevance. Developed/executed an aggressive strategy that included producing new forms/products (e.g. liquids, skincare, liquid capsules), leasing/building out a new 195 square foot facility, investing in new equipment/capacity expansion, and launching ION Fulfillment. Managed a large team, one manufacturing plant, and two offsite warehouses. Traveled frequently to China and Europe to evaluate new equipment and negotiate purchases. -
Director Of OperationsIon Labs, Inc. Dec 2012 - Jul 2015United StatesRecruited by the Deutsche Bank VP of Risk, who had recently purchased ION Labs (an innovative dietary supplement contract development/manufacturing company), to drive exponential growth of the business. Directed the rapid build out of a new facility (within six months), which included purchasing equipment, hiring/training employees, and managing external contractors/vendors. Created capacity/expertise that paved the way for ION Labs to land new nationally recognized brands/accounts. -
Director, Maintenance & Engineering | Manager, Maintenance & EngineeringGeopharma Aug 2006 - Dec 2012Largo, Florida, United StatesPromoted to run a dietary supplement manufacturing plant for Geo Pharma’s Innovative Health Products division. Accepted a larger role in Geo Pharma’s Pharmaceutical division to lead a manufacturing operation for Belcher Pharmaceuticals, which included two facilities (OTC & Pharma). Simultaneously directed the buildout of a new antibiotic plant in Florida and took over leadership for an existing Baltimore-based antibiotic facility. -
2Nd Shift Manager | Maintenance MechanicGeopharma Jan 2001 - Jul 2006Largo, Florida, United States
Ivan Ilchev Education Details
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VvtuEngineering
Frequently Asked Questions about Ivan Ilchev
What company does Ivan Ilchev work for?
Ivan Ilchev works for Hbi Usa
What is Ivan Ilchev's role at the current company?
Ivan Ilchev's current role is HBI USA Advisor.
What schools did Ivan Ilchev attend?
Ivan Ilchev attended Vvtu.
Who are Ivan Ilchev's colleagues?
Ivan Ilchev's colleagues are Jacques Ferbee, David Wagner, Samia Sakalla, Jeannis Morejon, Cheryl Taylor, Shannon Shoaf, Ellen Borden.
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