Rick Stengard Email and Phone Number
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I've built scalable business units from scratch, brought products and services to market in innovative ways and delivered exceptional financial results for multiple organizations. In 2018 I was 1 of 2 BU leaders who were involved in marketing and selling Meridian Technologies to a private equity consortium. After the sale I was asked to remain in a leadership role and continue scaling the business under the private equity group's parent brand.Currently I lead over 250 people in multiple regional sales & client facing delivery teams across the commercial and government IT services sectors. My focus is developing techniques, process and training to ensure scalable & repeatable sales growth. Strong delivery leads to trusted relationships with clients, partners and our internal staff, allowing us to develop new go to market strategies and continued growth opportunities for everyone.Looking ahead, I'm focused on a trajectory that includes leading progressively larger organizations, marshalling significant enterprise resources and throwing gasoline on the fire to scale sales organization through hyper growth. Ultimately I'd like to position for a C-Suite role.
Innovate!
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Chief Growth OfficerInnovate! Jun 2022 - PresentAlexandria, Virginia, UsI am proud to join Innovate and energized by the collection of exceptional technology experts who are passionate about doing work that makes the world a better place!Innovate delivers full lifecycle solutions for workflow automation, information management, and reporting through the Salesforce platform. Additionally, the team members are experts at developing data analysis and decision support tools for all things geospatial through the Esri suite of products. From emergency management data for forrest fires to work flow management and reporting on government grants that ensures tax dollars are spent wisely, Innovate build the tools government agencies use to support their citizens when it matters most.I am excited about developing a sales culture on par with Innovate's delivery excellence. Positioning the organization to serve more clients and solve fiendishly complex challenges with cutting edge technology is massively impactful for our current and future clients. -
Executive Vice PresidentMeridian Technologies Jul 2018 - May 2022Charlotte, Nc, UsLed BU growth from $0-$55mm | Sold to Private Equity | Scaled BU by 2x in 3 years post sale | CAGR 53% in Revenue & EBITDA | Largest BU by EBITDA $ and % Scaled the largest BU in the organization through sales roadmap development, team building and identifying and meeting a market niche with custom services. In 2020 my team delivered 108% of the pre-pandemic goal. We exited 2021 at more than double the business's 2018 performance. Success in this role is defined by my team's ability to scale sales & delivery operations across the General IT consulting & staff augmentation numerous enterprise clients.My teams are focused on developing lasting relationships with clients built on a foundation of trust and creative solutions. Meridian's ability to bring the Right Technical Resource at The Right Time is key to our clients' success. In addition, I'm a member of the Executive Leadership Team (ELT) for Meridian Technologies (a Consulting Solutions company) and responsible for corporate strategy, process improvement and tuning the company's culture. -
Vp - Federal ServiceMeridian Technologies Sep 2013 - Jun 2018Charlotte, Nc, Us• Led the company’s highest performing business unit (by GM % and EBITDA $) 7 out of 8 years years.• P&L responsibility resulted in EBITDA that consistently exceeds goals (130% to 180% of goal, 2013-2018)• Developed & managed sales team focused on Federal & commercial accounts. Seeded and turned over territories to new hire BDMs. -
Director - Public SectorMeridian Technologies Dec 2008 - Aug 2013Charlotte, Nc, Us• Launched federal business unit to diversify the company’s revenue streams away from vulnerable industries and create long term value for owners.• Developed channel partnerships with other vendors resulting in numerous major contract wins• Personally sold & closed deals for the firm's largest contracts in 2013, 2014, 2016• Highest performing individual sales person in the company’s history by 2x on Revenue and Gross Margin• Client executive responsible for 8 different client engagements including Army IA/Cyber Directorate, Army IPPS-A, DMRS - Foreign Military Sales, Defense Security Cooperation Agency, and Department of Veterans Affairs – Medical Imaging Network Engineering• Oversaw company clearance to US Department of Defense TOP SECRET level -
Board Member / Strategic AdvisorAlfa Electronics Ltd Dec 2007 - Dec 2013Cairo, Egypt, EgAs a compensated Board Member / Strategic adviser, I provided strategic advice, process coaching and best practices recommendations to CEO and EVP Sales focused on driving operational efficiency, service offerings and improving quality processes. Led to 100% customer satisfaction ratings and 98.5% accurate, on time shipping of end product. • Provided strategic direction to refocus on franchise distribution as a diversity supplier • Performed a top to bottom business review and gap analysis, including ERP needs assessment • Managed the certification process for ISO 9000:2008 for electronic component distribution • Worked with staff to re-develop sales, purchasing and warehouse workflows • Oversaw IT operations, hiring and build out of scalable infrastructure -
Production Support ManagerIntegrated Care Management Nov 2007 - Dec 2008Alpharetta, Ga, UsDeveloped new service offerings to expand client base and drive additional revenue from existing clients. New products were data as a service offerings based on the information the company already captured. These led to a new approach to core operating processes and significant cost savings for our clients.Also led the total revamp of operational processes supporting delivery of field and telephonic case management services supporting 65+ field and call center staff.• Worked with sales team to develop, price, market and deploy new class of products and service delivery, resulting in one of the largest single sales for the company during my tenure• Led cross departmental team which analyzed, redesigned and implemented improved business processes for multiple service divisions, and back office support departments o Project restructured case intake process resulting in 50% increase in profit and significant reduction in management effort in a division o Project led to improved data capture to support future analytics services resulting in ability to sell new information products to existing clients o Project reduced administrative support headcount and identified case load capacity by position for optimal billing• Led critical infrastructure update project to eliminate lingering issues in mission critical proprietary web application, including billing omissions and limited reporting capabilities, resulting in better cash flow due to reduced Days Sales Outstanding• Recommended and implemented changes to improve scalability of accounting and sales reporting processes -
Manager Of Operations & Director Of ItFalcon Solutions Jun 2002 - Nov 2007UsCompletely revamped all internal operating process from sales, purchasing and warehouse to accounting, HR and IT. Led business and IT operations through 5 years of explosive growth to an eventual sale of the company.• Process improvements led to 66% reduction in support staff headcount on major accounts and also resulted in 25% improvement in warehouse throughput capacity.• Designed, Developed and Implemented: o Inventory saleability analysis to provide rapid assessment of material up for auction o In depth customer profitability analysis showing 20% of "top" customers represented break even or net negative business after properly applying support staff and direct overhead o Custom application to extend order and shipment tracking capability of existing proprietary software• Designed processes and led team of 25 to complete 4 annual physical inventories covering nearly $5 million of inventory and containing over 15,000 SKUs -
Technology AuditorErnst & Young 2005 - 2006London, Gb• Responsible for assessing client’s systems for compliance with Sarbanes Oxley and SAS70 requirements. • Worked with client leadership to convey findings concerning audit procedures and key controls.• Developed and maintained relationships with client staff.
Rick Stengard Skills
Rick Stengard Education Details
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Oglethorpe UniversityManagement -
Milton High School
Frequently Asked Questions about Rick Stengard
What company does Rick Stengard work for?
Rick Stengard works for Innovate!
What is Rick Stengard's role at the current company?
Rick Stengard's current role is Growth executive | Track record of scaling businesses | Successful sale to private equity | Doubled revenue through Pandemic years.
What is Rick Stengard's email address?
Rick Stengard's email address is rs****@****eam.com
What is Rick Stengard's direct phone number?
Rick Stengard's direct phone number is +190433*****
What schools did Rick Stengard attend?
Rick Stengard attended Oglethorpe University, Milton High School.
What are some of Rick Stengard's interests?
Rick Stengard has interest in Education.
What skills is Rick Stengard known for?
Rick Stengard has skills like Leadership, Management, Strategy, New Business Development, Program Management, Business Development, Process Improvement, Cross Functional Team Leadership, Information Technology, Business Planning, Recruiting, Strategic Planning.
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