Member, Bod; Senior Vice President--Operations, And Vice President Finance/Cfo
Topcon America Corporation
Paramus, New Jersey
A $150 million, world-class medical equipment and optoelectronic measurement instrumentation manufacturer and distributor that was a subsidiary of $600 million Japanese company controlled by Toshiba.Managed P&L and oversaw marketing, new business development, sales, manufacturing, treasury, accounting, banking, information technology, human resources, legal, real estate, warehouse operations, and risk management. Reported directly to Japan-based President.• Surmounted challenge of insufficient infrastructure necessary to support strong growth, along with need to reduce purchasing cycle• Changed dependency on a few dealers that accounted for a disproportionate amount of revenues• Guided 14 direct reports, including presidents of three subsidiaries, in management of 500+ personnel• Transformed $400,000 loss in $7 million profit• Negotiated and integrated eight acquisitions totaling $21 million, then grew combined revenues of acquired companies to $60 million• Decreased annual manufacturing expenses $1.3 million, or %5, by consolidating multiple production facilities into single plan, consolidating headquarters group into 1 building, liquidating redundant real estate holdings, and reducing inventory by implementing more efficient purchasing system• Spearheaded entry into domestic survey / construction laser market, increasing market share 25% within two years• Acquired exclusive medical distributor in Canada, with branches in three provinces and nationwide service• Led company into an explosive corporate healthcare market, generating $10 million in annual incremental revenue• Introduced new marketing and sales programs, including the launch of retail operations in five states• Instituted direct sales initiative to major chains, including Walmart, Price Club, Cole Vision, and LensCrafters (winning this retailers Vendor of the Year Award for four consecutive years)