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Global Sales and Marketing executive with a proven track record as a commercial transformation specialist in Industrial Technology and SaaS businesses ranging from $50M - $300M in annual revenue.Strategic Core Competencies include:*Go To Market Strategy *Top Line Growth*P&L management, driving profitability increases and identifying efficiency gains and cost reductions*Financially-based selling to C-level executives with industrial, governmental, and institutional customers*Talent management*Economic & Financial AnalysisOpen to Advisory Board, Board of Directors, and Revenue Operating Partner opportunities as well as consulting engagements.
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Chief Commercial OfficerSolve Industrial Motion Group Sep 2023 - PresentCharlotte, North Carolina, UsLead Sales, Marketing, and Product Management across a portfolio of companies offering a broad set of mechanical motion solutions from bearings through power transmission and linear motion solutions. We are focused on rapid organic and acquisitive growth to build the premier mechanical solution platform in the industry to better serve our customers.1. Brought together 8 disparate brands into a single commercial structure.2. Developed and implemented new segmented sales model, MRO & OEM.3. Created Product Management organization to manage portfolio mix, identify complimentary M&A targets.4. Launched the company's first CRM to drive DSP and SIOP.5. Driving YoY organic growth versus a declining market.6. Harmonized all comp plans into a single plan. -
Chief Revenue OfficerFluke Reliability Jun 2021 - Aug 2023Everett, UsLed global Sales, Implementation, and Support for Fluke Reliability helping our customers keep critical processes running efficiently. Combining the iconic brands of Fluke, eMaint, and Pruftechnik, we solved reliability challenges from precision laser alignment through condition monitoring and provided actionable data through SaaS based CMMS.Highlights included:-Brought together disparate commercial organizations across 26 countries and 3 companies and united into a cohesive single organization.-Delivered SaaS New Bookings growth of 118% YTD 2023-Designed and impleemented a new Go To Market strategy combining the best of the company's brands and a new Key Account organization that delivered 2 of the 3 largest orders in company history in 2023.-Rolled out TopLine Professional Selling training across the organization. -
Vice President, Americas Sales & SupportStratus Technologies Oct 2019 - Jun 2021Maynard, Ma, UsLed a team of Sales, Technical, and Support professionals driving the Edge Computing revolution across the Americas. Stratus built on its heritage as a provider of high availability and fault tolerant computing solutions for Financial and Telecom customers to drive transformational change in delivering Edge Computing solutions to the point of application. -
Vice President Global Sales/MarketingBelden Inc. Jul 2015 - Sep 2019St. Louis, Missouri, UsLed Sales, Marketing, Customer Service, Technical Support, and Applications Engineering globally for ProSoft Technology, a subsidiary of Belden Corporation through a turnaround from declining sales to 11.8% year-over-year annual Revenue growth coupled with a 5% point increase in Gross Profit and subsequent increase in EBITDA. I accomplished this by building the right team, challenging them through effective development plans, streamlining our channel strategy, and focusing the organization on specific regions, verticals, and applications where we had the ability to capture significant market share. Subsequently led Americas Sales & Channels for Tripwire, a Belden subsidiary focused on cybersecurity solutions. -
Senior Director, Sales & Marketing - North AmericaDanfoss Power Electronics Sep 2014 - Jul 2015Nordborg, DkLed sales, marketing, technical support, and aftermarket service efforts across the North America Region for Danfoss Power Electronics, including full P&L responsibility. -Through enabling our customers' success, my team of 65 Sales & Marketing professionals grew our $150M business by 36% year-over-year in FY2015, corresponding with a 41% improvement in Gross Profit and a 123% increase in EBITDA, with a plan developed to double our business in three years. -Outlined a structural plan to build career paths for each functional area under my span of control, allowing each employee the opportunity to chart their own career plan and for cross-functional experience and mentoring. -Identified opportunities for cost savings of $1.2M annually and efficiency gains of 5 FTE employees. -
District Manager (Regional Leader)Rockwell Automation May 2007 - Sep 2014Milwaukee, Wi, UsLed Sales, Marketing, and Service across an eleven state region in the Northwestern US.Led a team of sales and marketing professionals and customer-facing engineers who grew the Northern Ohio Geography (Cleveland and Toledo Physical Branches) from $96 million in sales in Fiscal Year 2010 to $145 million •Recognizing the need to diversify from a shrinking traditional customer base, our team developed and executed a sales plan that identified industries with the highest Product Available Market (PAM) and lowest market share in the geography, allocated resources to focus on key accounts in those industries, and implemented development plans for salespeople to expand industry and application understanding for their particular industries of focus. We implemented a process to continuously track opportunities and review progress monthly with sales team and exclusive distributor partners. This resulted in average annual growth of 88% at targeted accounts, which drove overall performance. •Talent management highlights include: onboarding three external salespeople to align with company initiatives, coaching of four employees to promotion, and creation of personal development plans with each employee which are reviewed and updated quarterly.Prior roles: Sales Manager - Northern Ohio, Sales Team Leader, Channel Sales Engineer, Account Manager -
Account ManagerBw Rogers May 2006 - May 2007Delivered sales growth of 31.9% with an account package highlighted by several of the company’s largest clients, including Fortune 500 headquarters and a diverse base of specialty machine builders. Served as a business consultant to executive level customers, versus simply a vendor. Primary industries served included Food & Beverage, Tire & Rubber, and Automotive. •Strategic wins included steam valve standardization with a tire curing press manufacturer ($1.2M/year) versus an incumbent competitor, pneumatic cylinder and valve standardization with a large specialty tire equipment manufacturer ($200k/year) versus an incumbent competitor, a complete electromechanical automation system for a large end user owned by a competitive manufacturer ($64k), and sale of the company’s first vision inspection system ($28k) to a small, locally-owned end user.
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Regional Sales Manager, IpsParker Hannifin Mar 2004 - May 2006Cleveland, Oh, UsGenerated sales growth of just over 60% year over year ($3.5M total) and an increase in gross margin of nine (9) percentage points by restructuring channel to market consisting of distributors and independent manufacturer’s representatives and personally developing and launching a new line of electric actuator to fill product portfolio gap.•Realigned channel efforts to focus only on most invested and successful partners, including strategic alliances with high technology electrical automation distributors and cancellation of three (3) manufacturer’s representative organizations who weren’t fully supportive of the product line.Prior role: Applications Engineer
Joseph Rich Skills
Joseph Rich Education Details
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The University Of AkronFinance -
The University Of AkronMechanical Engineering -
Northwest High SchoolDiploma With Honors
Frequently Asked Questions about Joseph Rich
What company does Joseph Rich work for?
Joseph Rich works for Solve Industrial Motion Group
What is Joseph Rich's role at the current company?
Joseph Rich's current role is Chief Commercial Officer.
What is Joseph Rich's email address?
Joseph Rich's email address is jf****@****ail.com
What is Joseph Rich's direct phone number?
Joseph Rich's direct phone number is +133061*****
What schools did Joseph Rich attend?
Joseph Rich attended The University Of Akron, The University Of Akron, Northwest High School.
What are some of Joseph Rich's interests?
Joseph Rich has interest in Cooking, Investing, Fishing, Physical Fitness, Onderwijs, Travel, Bourbon, Wine.
What skills is Joseph Rich known for?
Joseph Rich has skills like Cross Functional Team Leadership, Sales Management, Automation, Sales, Strategy, Manufacturing, Key Account Management, Leadership, New Business Development, Management, Solution Selling, Strategic Planning.
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