Svp/Gm Vascular/Lower Extremity Business Unit
Dallas, Tx, Us
Reported directly to the CEO. Responsible for EBITDA, P&L, integration, and sales growth of three acquired global businesses with revenue of $135M. The business unit was focused on therapeutic footwear, orthotics, and medical hosiery sold through Podiatric, Pharmacy, and DME Supplier channels. ● Directly led four sales organizations with a total 60 representatives● Aligned the sales force, focused on new products and expanded globally, resulting in business unit growth of 5.7% CAGR over three years in a declining overall market. ● Established a vision and culture for 450 employees, improving engagement scores and retention.● Launched 18 new products, adding $6M in revenue and significantly increasing the freshness index.● Expanded Dr. Comfort business by 27% outside of the US through the acquisition of two international distributors and the support of targeted global markets including China, Germany, and Nordic. ● Built a relationship and negotiated with Asian supply chain, which created a 97% fill rate and a net 4% price reduction.● Set and funded strategy to expand into two ancillary US markets, adding $1.7M in revenue. ● Integrated Dr.Comfort into the Bracing and Support business unit, and created and lead Lower Extremity Business with a combined revenue of $300M.