My strength is the ability to understand very complex technical issues, see how they fit in the marketplace, and execute a sales strategy to grow a business. Combined with deep knowledge, experience, and working relationships in finance, legal, and regulatory fields, I am able to uniquely and successfully build organizations using the deep pool of talent that I have developed over three decades, which truly is my greatest accomplishment and legacy. I am able to understand and simplify very complex issues in all disciplines, which removes obstacles and enables rapid growth. This ability has grown through my multidisciplinary education and vast experience in many different companies and geographies.
Phoenix Robotics Group
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Chief Executive OfficerPhoenix Robotics GroupNewark, De, Us
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President, Technology ConsultantJust An Entrepreneur Apr 2019 - PresentGreater Philadelphia Area• Advised a $6B Private Equity firm on the bankruptcy of a $1B distribution company.• Advised several venture capital firms on the restructuring/sale of portfolio companies.• Technology Consultant, Interim Chief of Strategy, Fractional Technology Leader, providing consulting with technology executives and private equity firms to build and eventually sell their company when the timing is beneficial to both parties.• Advising companies on due diligence, positioning, and financing for sale. • Serving as Technology Consultant for fast-growth technology companies in software, cybersecurity, robotics, SaaS, cloud, Libra, blockchain organizations.Contact philipsugar@gmail.com.
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Board Of DirectorsWearable Robotics Jan 2015 - PresentTysons Corner, VaLeading Wearable Robotics Association and Conference
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Vice President P/L - Saas Business UnitAimia Inc Jul 2013 - Mar 2019Newark, De• Leader responsible for quadrupling the size of the business• Grew international from zero to fifty percent of the business. • SaaS Platform has over 100+ clients. • Clients have 150mm++ of their customers using the platform an increase of 7x. Customers have over 5B transactions per year. • Run from seven datacenters, with sub 500ms response time, and uptime 24/7/365 with well over four nines of reliability.· • Won clients including P&G in China (put in Shanghai Datacenter), Dairy Farm Group in Hong Kong, Star Casinos in Australia, Churchill Downs, 11 Las Vegas Sports Books, 4 professional sports teams, and retailers such as PetSmart, Hot Topic, Leslie’s Pools and Hallmark -
PresidentSpringactive, Inc. Jan 2010 - Jan 2019Tempe, Az• Sold to Ossur the second largest publicly traded prosthetics company in the world, for a seven figure number. • SpringActive's research focus is creating, restoring, and augmenting gait. • Core competencies accurate system modeling, compliant actuator design, robust wearable robot controls, advanced mechanism design, embedded electronics, elegant passive mechanical systems, composites, prototyping, and fabrication. • Brought technology out of Arizona State to successful commercial launch and sale. -
CeoSmart Button Associates Inc. 2000 - Jul 2013• Sold to Aimia the second largest publicly traded loyalty company in the world for eight figure number. • Hired as Chief Executive Officer to position a horse racing player tracking software company to grow and develop into a customer loyalty software company in the hospitality, retail and on-line market-space through contacts and venture capital expansion. • Received first venture funding within three months of hire. • Grew and positioned the business for the eventual sale to Aimia
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Board Of DirectorsReturn Central, Inc. 2000 - 2002• Sold to Manhattan Associates the second largest publically traded logistics software company for a high seven figure number. • Served on the board of ReturnCentral as in independent director. • Guided the company in raising $8M from Adams Capital and Inflection Point Ventures. • Managed strategy and exit to publicly traded ManhattanAssociates. • Return Central allowed companies like Verizon early visibility to returns.
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CooEssential Technologies 1997 - 2000• Sold to IHS the largest publicly traded International Health and Safety company for a eight figure number. • As company grew (125th on the Inc. 500),responsibilities shifted from sales and marketing to finance, operations, and M&A.• In charge of business plan and financing (including a eight-figure round from Edison Ventures and Technology Crossover Ventures). • Structured and completed merger with the largest competitor to consolidate the emerging environmental health and safety space. -
Coo, Cfo, Vp Of Sales & MarketingEnvirometrics Software Jan 1994 - Jan 1999• Sold to Essential Technologies for an eight-figure number. • Brought in to build the infrastructure to support rapid growth of company.• Commercialized technology developed and implemented sales and marketing strategy• Doubled and tripled revenue in 1994 and 1995 to go from under $1mm to over $20mm in revenue. • Implemented search for additional sales and marketing personnel resulting in the development of a leading sales and marketing force that went on to thrive at IBM, SAP, and Oracle.
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Turnaround SpecialistNational Business Systems/ Mdi May 1992 - Jan 1994• Responsible for evaluating, managing and directing the bottom quintile of software companies owned by a large software conglomerate. • Worked with one other workout specialist to take over full management responsibilities for Medical Data, a publisher of medical equipment information. • Introduced a CD-ROM product and doubled sales to achieve profitability from a large loss. • Learned every aspect of the technology business from the study of dozens of companies.
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Marketing CoordinatorMitsubishi International Corporation Feb 1990 - May 1992• Responsible for all telecommunication development projects, which exported U.S. telecommunications equipment to companies in Japan. • Introduced Boston Technology voice-mail equipment to Japan. Voice-mail equipment was sold and installed at DDI Cellular, the first major deployment of voice-mail equipment in Japan. • Evaluation and presentation of possible U.S. investments in Pinpoint Communications (intelligent vehicle location systems), Photonics (infrared networking equipment) and Skypix (direct broadcast satellite equipment). • Coordination of joint venture projects with companies such as AT&T, Comsat, GE Aerospace, and NTT.
Philip Sugar Education Details
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Entrepreneurial Management -
Systems Engineering, Entrepreneurial Management -
Moore School, University Of PennsylvaniaSystems Engineering
Frequently Asked Questions about Philip Sugar
What company does Philip Sugar work for?
Philip Sugar works for Phoenix Robotics Group
What is Philip Sugar's role at the current company?
Philip Sugar's current role is Chief Executive Officer.
What schools did Philip Sugar attend?
Philip Sugar attended Wharton, University Of Pennsylvania, University Of Pennsylvania, Moore School, University Of Pennsylvania.
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Phil Sugar
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