Prakash Rangnekar Email and Phone Number

• Founded product development & manufacturing business and in 15 years grew it to a multimillion dollar company with 100+ customers and 300+ products• Developed vision, goals and strategic plan for company growth as part of 4 person executive team• Consulted with the R&D and Food Culinary departments of major national restaurant chains and industrial food manufacturers to develop and implement products and grow their individual businesses• Partnered with Marketing, Sales and Operations to ensure R&D and Quality Assurance objectives aligned with business need• Led and mentored 7 person R&D team to plan projects from concept to production stage and drive business growth through product innovation• Managed and reviewed performance, promotions and salary recommendation process for 120+ employees

• Responsible for planning, organizing and coordinating research activities to identify new food products that led to $40M in revenue• Responsible for understanding industry trends in product and ingredient applications to generate cost reductions without sacrificing quality• Presented management team with cost reduction plan resulting in savings of $1M• Delegated responsibilities to 6 person R&D team and guided them to accomplish department goals

• Developed specialty food products for the Food Service and Health Care markets, which generated $1M in revenue of a $2M dollar business.• Provided technical assistance and nutritional information to customers in both the Food Service and Health Care markets