Laurence P. Birch Email and Phone Number
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Laurence (Larry) Birch is a proven change agent who is passionate about creating great companies. He has a keen sense for identifying the key metrics that drive success within the unique characteristics of each company he has managed; driving ever improving results for customers, employees and shareholders. Most recently, Mr. Birch has focused on technology and life science companies---with additional expertise in manufacturing, distribution and professional services business'. With over 30 years’ experience with industry leading organizations, including Baxter Healthcare, EDS, Aksys, Inc (Home Dialysis), NeoPharm Inc (BioTech (oncology and pulmonary fibrosis), and Datatrak Inc. (Clinical data management solution for clinical drug/device development), Larry has held leadership positions in General Management and Finance, focusing on delivering optimal solutions from corporate strategy to financial health.Mr. Birch is a member of the Faculty of the Lake Forest Graduate School of Managment where he is teaching both Graduate level Courses and Corporate Training.Mr.Birch earned an MBA and MM Degree from Northwestern University's Kellogg Graduate School of Management, and a Bachelor of Science Degree in Finance from the University of Illinois. Mr. Birch is also a Certified Public Accountant. Mr. Birch is a leader in industry and civic entities, serving on the YMCA of Metropolitan Chicago Board of Managers and is an Executive Advisor to the Chicago Life Sciences Consortium (CLSC), a non-profit organization committed to serving as a key driver for the Chicago area life sciences industries. Committed to excellence, He is also a Mentor at Matter Chicago, a Life Science Incubator and and Industry Mentor for the National Science Foundation.Mr. Birch has been recognized twice on Crain’s Chicago Business List of Who’s Who in Chicago Business.
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Member Board Of DirectorsResidential Real Estate CouncilChicago, Il, Us -
Member Of The Board Of AdvisorsSharper Sense Mar 2021 - PresentNew York, Ny, UsMember of the Board of Advisors of this wearable neurotechnology company that enhances vision, hearing and touch improving both performance at the wellness and clinical level. -
Board MemberSchool Health Corporation Sep 2020 - PresentRolling Meadows, Illinois, UsSchool Health is the largest distributor of school nurse, sports medicine, special education, speech and health supplies to school nurses, athletic trainers and health professionals. -
Faculty—Strategy And Leadership (Member: Faculty Senate)Lake Forest Graduate School Of Management Aug 2018 - PresentLake Forest, Illinois, Us -
Ceo And Member Of The Board Of DirectorsAnju Software Apr 2022 - Sep 2024Tempe, Arizona, Us• As Chief Executive Officer, Spearheaded new Customer First high product quality strategy to drive the expansion of Anju Software's suite of solutions, providing valuable services to global pharmaceutical and biotech partners.• Led the development of cutting-edge solutions for clinical trial and medical content technologies, driving innovation and growth in the pharmaceutical industry.• Successfully completed a strategic transaction selling the company to Valsoft, showcasing strong negotiation and business acumen. -
Advisory Board MemberPrenosis, Inc. Feb 2019 - Apr 2022Board Member for this life science / health tech company generating the first pristine patient dataset that combines critical time series biomarker data with existing clinical data.Prenosis’ machine learning algorithms use this proprietary dataset to guide treatments and improve outcomes by unraveling the complexity of the individual human immune response.
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Executive AdvisorMultiple Companies Jun 2018 - Apr 2022 -
Member Of The Board Of AdvisorsMolecula Jul 2019 - Mar 2022Austin, Texas, UsAdvisor to this data virtualization company supporting machine learning and artificial intelligence -
Chief Executive OfficerEvolve Audiology Group Sep 2016 - Dec 2017Founder and CEO of Audiology and Hearing Center Group. Developed a Practice Management Organization (PMO) strategy and, along side a Group Purchasing (GPO) strategic partner acquired hearing center practices developing a new brand strategy and more efficient business model.Evolve was sold to our strategic partner driving a significant monetization event. -
President And Chief Executive OfficerDatatrak International 2009 - Mar 2016Cleveland , Oh, UsLed the company in a turn around effort that took the clinical trial/eClincial company from near bankruptcy and declining sales to stability, followed by rapid sales growth and recovery. -
Chairman Of Board, A Global Eclinical | Clinical Trials Management Software And Services CompanyDatatrak International Mar 2007 - Jan 2016Cleveland , Oh, UsLed board and management through critical restructuring to drive significantly improved results—Increased revenue and developed streamlined business model driving profitability and positive cash flow. (Company cash burn in 2007--$3 million per quarter—Company generating cash in 2010). Company now profitable for first time in five years.Drove new organization structure appointing new executive leadership and developing a new strategic plan that improved sales close ratio and customer retention.Developed new marketing and development plan that has changed industry perception of company through new branding and faster product development introductions into marketplace.Developed new global sales organization driving increased backlog in four consecutive quarters. -
President And Chief Executive OfficerNeopharm, Inc. 2007 - 2009UsResponsible for immediate strategic development and execution as company was gripped in crisis due to failed drug trial. Management of all functions including, R&D, Strategy, RA/QA and Finance. Restructured failing company—Dramatically altered organization structure reducing cash burn by 80% while initiating new development;Developed a new drug research strategy focusing on creating milestones valuable to the investment community; maintained all regulatory compliance; identified and secured all intellectual property.Launched four new drug trials developing CRO and Clinical relationships to determine drug safety and efficacy.Developed investor outreach plan to re-build share value and present new strategy. -
Co-Founder And PartnerStratego Partners 2003 - Jun 2007Areas of focus include medical and pharmacy benefits and other insurance, energy strategies, capital structure, foreign currency translation, facilities, and telecommunications. co-lead a team of professionals in identifying and implementing strategic opportunities for clients. Completed engagements with more than 100 mid market public and private companies driving total annual savings of up to 7 figures on each engagement. Acted as Chief Financial Officer for Ohio Medical Corporation , a developer and distributor of medical suction equipment and FieldGlass, Inc., a temporary staffing software company.
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Interim President/Ceo; Senior Vp/CfoAksys, Ltd. 2005 - 2006UsPromoted by BOD and major investors to deal with critical re-organization and re-capitalization. Management of all functions: R&D, Quality Affairs, Manufacturing, Finance, Sales and Marketing. Created R & D structure and new process techniques to enhance new product launch. Managed company through FDA Warning Letter and completion of appropriate regulatory filings. Responsible for financial and IT leadership including SEC reporting, Sarbanes Oxley compliance, and development and implementation of IT strategy. Staff of 15, including the CIO and VP/Controller. Operating budget of $5 million. Raised $45 million in total capital through equity lines, debt financing and PIPE's; Developed new business model to focus sales effort and reduce cost structure by 30%; Successfully appealed NASDAQ de-listing through development and execution of a compliance plan. -
Senior Vice President Business Development / Chief Financial OfficerTechnology Solutions, Inc. - Chicago, Il (Nasdaq: Tscc) 1999 - 2002Led corporate finance functions including budget development, investor relations, financial reporting, auditing, corporate tax planning, SEC reporting, treasury functions. Managed a budget of $4 million and staff of 40. Developed and implemented plan to divest unprofitable business; hired investment bank, prepared due diligence and closed sale. Implemented cost restructuring programs that trimmed cost structure 20%.
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Vice President/General ManagerElectronic Data Systems 1995 - 1999West Hartford, UsDeveloped and implemented plan to provide Y2K services for current clients utilizing 3rd party software programs. Business earned $5 million dollars in first year. Interviewed by U.S. Commerce Department/PBS to discuss Y2K issues. Led staff of 100 with a budget of $15 million. Led commodity trading software group including sales, systems integration and software development. Aggressively managed contract compliance issues; developed new software development strategy and drove new sales totaling $20 million driving business to profitabilityManaged financial activities for $800 million systems integration and IT outsourcing business. Integrated SHL Systemhouse into MCI following acquisition. Led global financial reporting and planning activities. Completed/negotiated acquisition of data centers. Negotiated JV agreement with South Korea partner. -
Director Of FinanceBaxter 1990 - 1995Deerfield, Illinois, UsPursued new business acquisitions and worked with operating divisions to manage negotiating/closing acquisitions and divesting non-performing business units. Key functions entailed identifying buyers/sellers, conducting valuation modeling and due diligence, negotiating deal terms, collaborating with attorneys and investment bankers, preparing and presenting presentations to Board of Directors. Key player in $388 million sale of diagnostics and $25 million sale of Heyer-Schulte businesses. Assumed GM functions for arthroscopy product line and negotiated new distribution agreement to drive profitability to $5 million per year.Assumed financial control for $500 million division. Directed divisional financial reporting, planning and manufacturing cost accounting for six manufacturing facilities totaling $400 million in Value of Production. Exceeded earnings targets for three consecutive years. Team grew profits by more than 15% each year, equivalent to $7 million annually. Instrumental in reducing effective tax rate by 10% through offshore manufacturing rationalization.
Laurence P. Birch Skills
Laurence P. Birch Education Details
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Northwestern University - Kellogg School Of ManagementMba -
University Of Illinois Urbana-ChampaignFinance
Frequently Asked Questions about Laurence P. Birch
What company does Laurence P. Birch work for?
Laurence P. Birch works for Residential Real Estate Council
What is Laurence P. Birch's role at the current company?
Laurence P. Birch's current role is Member Board of Directors.
What is Laurence P. Birch's email address?
Laurence P. Birch's email address is la****@****rak.net
What is Laurence P. Birch's direct phone number?
Laurence P. Birch's direct phone number is +121644*****
What schools did Laurence P. Birch attend?
Laurence P. Birch attended Northwestern University - Kellogg School Of Management, University Of Illinois Urbana-Champaign.
What are some of Laurence P. Birch's interests?
Laurence P. Birch has interest in Golf.
What skills is Laurence P. Birch known for?
Laurence P. Birch has skills like Sarbanes Oxley, Business Development, Restructuring, Business Strategy, Financial Reporting, Clinical Trials, Management, Leadership, It Strategy, Integration, Process Improvement, Negotiation.
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