Ro Kumar
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Ro Kumar Email & Phone Number

Owner|CEO|CIO|Founder|Board Member at Rok10 Ventures
Location: Chicago, Illinois, United States 11 work roles 3 schools
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Current company
Role
Owner|CEO|CIO|Founder|Board Member
Location
Chicago, Illinois, United States

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Ro Kumar is listed as Owner|CEO|CIO|Founder|Board Member at Rok10 Ventures, based in Chicago, Illinois, United States. AeroLeads shows a matched LinkedIn profile for Ro Kumar.

Ro Kumar previously worked as Co-Founder at Rok10 Ventures and Chairman Emeritus at Chicagofirst. Ro Kumar holds Mba, Buiness from Northwestern University - Kellogg School Of Management.

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Rok10 Ventures

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Profile bio

About Ro Kumar

Executive with twenty years of C-level global leadership experience. Provides strategic vision and full P&L management to companies with varied profiles including Fortune 500, private equity, and start-up. Adept at setting priorities, aligning teams, and delivering results. Successful in driving key initiatives in high growth environments, turnarounds, and mature enterprises. Industry experience covers industrial products, media, financial services, and consumer products. Advises, plans, and executes digital transformation and eCommerce projects with ease.

Listed skills include Change Management, Business Strategy, Strategy, Strategic Planning, and 44 others.

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Ro Kumar's current company

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Rok10 Ventures
Rok10 Ventures
Owner|CEO|CIO|Founder|Board Member
AeroLeads page
11 roles · 36 years

Ro Kumar work experience

A career timeline built from the work history available for this profile.

Co-Founder

Current

Chicago, Us

Strategy and investment firm building a portfolio of for-profit environmentally friendly and sustainable businesses.Acquired iSonic, Inc. (www.isonicinc.com) a manufacturer of environmentally friendly ultrasonic cleaning machines and solutions.Provided seed capital to Demi (www.demicomposting.com) an early stage business that is providing composting services to residents in high-rise buildings.Provided seed capital to Priara GmbH. Exited business in April 2023.

Jan 2022 - Present

Chairman Emeritus

Current

Chicago, Illinois, Us

A public-private sector partnership between local and federal agencies to strengthen the resilience and reliability of the Chicago’s financial firms to deal with business disruptions caused by natural or man-made disasters. ChicagoFIRST’s Innovative business model was recognized by US Congress in the Intelligence Reform and Terrorism Prevention Act of 2004 as a necessary mechanism to protect local financial industry. The Department of Treasury uses the model to organize other areas of the nation with a high concentration of financial industry assets. The company acquired a seat at Chicago’s 911 Center and attracted federal funding for disaster planning and emergency evacuation drills for the industry.

Jan 2006 - Present

Geschäftsführer/Managing Director

Zoro Tools Europe Gmbh

ZTE is a wholly owned subsidiary of WW Grainger, and an eCommerce company. Appointed as Managing Director and responsible for all aspects of Grainger’s Global Online business unit for the EU.Restructured ZTE by reducing variable costs such as freight and promotions, while increasing prices resulting in an 11% improvement in Net GP. Slashed headcount and real estate lease costs reducing cash burn by over 50%. Re-envisioned product and merchandising strategy to feature hand tools and consumables vs. power tools resulting in a higher product GP and better customer repeat rates. Grew product assortment to 800K SKUs.Recognized by Handelsblatt as the #1 website for hand tools in Germany in 2019.

Jul 2017 - Apr 2022

Vice President, Chief Information Officer

Chicago, Illinois, Us

Zoro is a wholly owned subsidiary of WW Grainger. Primarily responsible for leading IT and Business Analytics. As a member of Zoro’s Board led business strategy, partnerships, and M&A. Launched new revenue channels such as Zorocanada.com, marketplaces, mobile Pay On Google, and a Game App for marketing promotions. Improved onsite search, navigation, user experience, and moved to a responsive design for zoro.com. Integrated product recommendation engine, real-time targeting, and product reviews. Made significant improvements to conversion rates, time on site and bounce rates.Scaled-up technology team from 8 to 70+ engineers, product managers, DevOps and QA. Established an MVP delivery methodology, Agile process and IT controls for compliance and risk management. Built a team of 9 data scientists to handle quantitative and qualitative customer and market analysis. Scaled-up the technology platform to support higher transaction volume. Upgraded Financial, CRM and Master Data Management systems and rebuilt system interfaces. Continuously enhanced architecture to address deficiencies. Enhanced digital security and operational reliability of systems and infrastructure. Led the strategy team to flip zoro.com into a marketplace for MRO products. Developed the business case, plans for the proof-of-concept and secured funding from the Board. Recognized by The Chicago Tribune as a Top100 place to work in 2016.

Sep 2013 - Jun 2017

Chief Executive Officer

Chicago, Illinois, Us

A shopper marketing and analytics start-up that innovated by installing touch screens at the point of purchase. As CEO set the business strategy, investment plan, and established operating processes to grow the business. Engaged the Board and restructured all functions of the company. Refocused company on customer needs, sales, and marketing versus investing in developing a software product platform and burning cash. Changed the go-to-market strategy from relying on channel partners to a direct sales model. Acquired new customers such as Starbucks, Ashley Home Furniture, Pfizer, Beam and P&G. Generated a 45% growth in revenue and produced a positive EBITDA.Raised $1.5M in growth capital from new investors to expand the sales and marketing functions. Won the Gold Award from the Point of Purchase Advertising International in 2011 for Diageo’s Virtual Bartender implementation for the most innovative technology in a retail store.

Mar 2011 - Apr 2013

Senior Vice President - Chief Information Officer

Local Insight Media

A $1B portfolio company owned by Welsh, Carson, Anderson, and Stowe a Private Equity firm. A publisher of Yellow Pages books in 900+ markets in North America. Managed a team of 150+ employees and contractors. Consolidated and integrated the prospect-to-cash processes for 3 companies acquired by implementing a single CRM, order entry, billing, accounts receivable, publishing and fulfillment system.Expanded the portfolio of products sold by the sales representatives by identifying and executing strategic partnerships with websites developers, SEM, SEO, and pay-for-performance vendors. Outsourced and consolidated 4 data centers and networks. Transitioned support of legacy systems and business back-office operations to the Dominican Republic and India.

Aug 2009 - Jan 2011

Vice President - Chief Technology Officer

Chicago, Illinois, Us

The holding company for The Chicago Sun-Times and 70+ other suburban newspapers. Led both the Interactive Media business unit and the Information Technology function. Managed a staff of 110 employees and contractors.Transformed fledgling online business to achieve an overall 200% increase in revenue in 3 years. Increased page views by 24% and site visits by 29%. Created partnerships and alliances with local broadcasters, pure-play web entities and local content distribution channels.Spearheaded the realization $5+ million in EBITDA by outsourcing advertising graphics creation, classified advertising sales, IT systems and call centers. Partnered with business unit heads to manage business change.Executed 40+ IT initiatives on-time and on-budget and achieved $30M+ in EBITDA improvements. Upgraded voice, data and email infrastructures. Installed systems for news editing, publication, and printing. Achieved compliance with SOX audit regulation by fixing 486 pervasive control deficiencies within 2 years.

Jan 2006 - Aug 2009

First Vice President - Chief Technology Officer

Chicago, Illinois, Us

Lead corporate strategy and new business development for a $130M+ clearinghouse for financial derivatives. As CTO, was responsible for technology strategy, architecture and procurement. Served as focal point for company and external partners on technology related strategic issues for clearing and settlement functions in the industry. Managed customer and strategic partnerships. Established a Technology Roundtable to facilitate dialog between exchanges and clearing firms. Facilitated adoption of new protocols for transaction processing and agreements on cooperation in the event of a disaster. Represented OCC on the technology advisory committee of the Depository Trust and Clearing Corporation and on the Board of the Financial Services Sector Coordinating Council that provides guidance to the Treasury Secretary on critical infrastructure protection and homeland security. Spearheaded new business ventures. Point person to lead new initiatives and respond to RFPs. Successfully bid on and won contract to build a network to link the five options exchanges called Options Linkage Authority (OLA) Successfully led the alliance with another Clearing Corporation to jointly acquire and operate a back-up data center for business continuity operations.Established new functions to manage technology. Established governance and processes to create the enterprise architecture function. Transformed the organization away from a departmental focus to an cross-functional architectural focus; improved internal communications; eliminated redundant/obsolete technologies; resulting in an integrated systems platform for the new clearing platform ENCORE.

Nov 2000 - Dec 2005

Senior Director

Chicago, Illinois, Us

Jan 1995 - Nov 2000
3 education records

Ro Kumar education

Mba, Buiness

Northwestern University - Kellogg School Of Management

Ms, Management Information Systems

Northern Illinois University

Ba, Economics

Delhi University
FAQ

Frequently asked questions about Ro Kumar

Quick answers generated from the profile data available on this page.

What company does Ro Kumar work for?

Ro Kumar works for Rok10 Ventures.

What is Ro Kumar's role at Rok10 Ventures?

Ro Kumar is listed as Owner|CEO|CIO|Founder|Board Member at Rok10 Ventures.

Where is Ro Kumar based?

Ro Kumar is based in Chicago, Illinois, United States while working with Rok10 Ventures.

What companies has Ro Kumar worked for?

Ro Kumar has worked for Rok10 Ventures, Chicagofirst, Danish Startup Group (Dsg), Zoro Tools Europe Gmbh, and Zoro Us.

How can I contact Ro Kumar?

You can use AeroLeads to view verified contact signals for Ro Kumar at Rok10 Ventures, including work email, phone, and LinkedIn data when available.

What schools did Ro Kumar attend?

Ro Kumar holds Mba, Buiness from Northwestern University - Kellogg School Of Management.

What skills is Ro Kumar known for?

Ro Kumar is listed with skills including Change Management, Business Strategy, Strategy, Strategic Planning, Business Development, Management, Start Ups, and Management Consulting.

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