Raj Ramanan

Raj Ramanan Email and Phone Number

Chief Executive Officer @ Herringbone Digital
Salt Lake City, UT, US
Raj Ramanan's Location
Salt Lake City, Utah, United States, United States
Raj Ramanan's Contact Details
About Raj Ramanan

I am a change agent, happiest and my best self when building and leading a team through an operational inflection point, such as re-igniting growth, championing digital transformation, driving scale, or returning to profitability. I thrive in roles with high autonomy and agency, am motivated by unlocking potential in individuals and leadership teams, and resolutely believe that culture is the strongest lever in driving change. I have led companies - from startup/pre-seed through mid-market and F1000 - to above-market outcomes in revenue growth, profitability, capital raise, and exit/sale as COO, President/GM, and CRO.

Raj Ramanan's Current Company Details
Herringbone Digital

Herringbone Digital

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Chief Executive Officer
Salt Lake City, UT, US
Raj Ramanan Work Experience Details
  • Herringbone Digital
    Chief Executive Officer
    Herringbone Digital
    Salt Lake City, Ut, Us
  • Jitsu
    Chief Executive Officer
    Jitsu May 2023 - Present
    Berkeley, California, Us
    Jitsu plays in the domestic delivery space, a $200B market that is growing at a rate of 15%+ per year. We are the leading last-mile delivery platform and our mission is to build meaningful connections between brands and consumers, aiming to positively impact lives through these relationships.Jitsu delivers on the magic of an exceptional customer experience by shrinking the distance from “click to door,” resulting in an industry leading 99%+ on-time delivery that is well-ahead of incumbents at a competitive price. How? Unbelievable talent, a scrappy, customer-obsessed culture, proprietary tech and platform, and creative problem-solving on behalf of our clients.
  • Scorpion
    Chief Operating Officer (Coo)
    Scorpion Mar 2021 - Jun 2023
    Salt Lake City, Ut, Us
    Scorpion, a $200mm+ ARR, 14,000+ customer, 1,000 FTE company backed by Sagemount, is the leading digital marketing platform for local services businesses, including lawyers, home service providers, hospitals, and franchise systems. Scorpion builds websites, provide SEO, optimizes paid ad spend / PPC, and manages ratings, reviews, and listings via a proprietary tech platform. Since coming onboard, I diagnosed challenges with the existing 600 FTE operations team, which was set up in 7 verticals matching our industry segments. While full-verticalization provided customer intimacy, it led to sub-optimal workload balance and inconsistent processes across the teams. I restructured the org to preserve “last mile” verticalization with Account Managers while making all fulfillment functions – website building, SEO, paid advertising management, ratings/reviews management – horizontal to boost productivity and efficiency. I identified strong leaders from the prior structure to lead Account Management and Fulfillment. To drive accountability, I created the first-ever metrics scorecard showing progress against our KPIs, which I published weekly to leaders and shared teamwide in monthly All Hands. Finally, I designed and launched Scorpion’s first-ever performance management process and re-designed our bonus program to reward individual performance gated by company and team outcomes.As a result, I grew gross margin by +400 bps, boosted our industry-leading net revenue retention (NRR) by +500 bps, and improved eNPS from -14 to +10, while supporting revenue growth of +21% YoY.Industry: Advertising, Marketing, Tech, Adtech, Martech, Local, SMBStage: Growth, mid-market, private equityRole: Chief Operating Officer, COO, operational improvement, margin expansion, restructure, re-organization, metrics, KPIs, retention, NRR
  • Hearst
    Chief Revenue Officer (Cro)
    Hearst Jan 2020 - Feb 2021
    New York, Ny, Us
    Spearheaded digital transformation and overall revenue growth of the San Antonio Express-News, the leading media property of South Texas owned by Hearst Media ($11.4B, 136-year-old, 22K FTE privately owned diversified media conglomerate). Wins include:Transformed culture: Re-positioned company as digital-first and redefined mission to serve community through the early stages of the pandemic, created high-autonomy leadership roles, re-structured commission plans to reward digital growth and month-over-month improvement, and launched an iterative approach of measuring and celebrating improvements from top-of-funnel (activity) through revenue performance (forecast and closed won sales).Hired key roles: VP Retail, VP Digital, VP Marketing, Head of Business Intelligence; replaced underperforming VP of Key Accounts team; prioritized tech & digital advertising experience in hiring profile.Implemented metrics: Implemented Salesforce; created standards; shared leaderboards on activity, pipeline, closed sales; rewarded forecast accuracy, all leading to higher productivity, especially of long tail of underperforming reps and in total revenue growth.Results: Grew digital adverting revenue by +31%; improved net revenue retention by +16%; and led all Hearst Media properties and the industry in digital and total revenue growthIndustry: Local Media, Newspaper, AdvertisingStage: Fortune 500, large capRole: Chief Revenue Officer, CRO, Sales, Growth
  • Nexstar Media Group, Inc.
    President/Gm, Hyfn Local & Svp, Nexstar Digital
    Nexstar Media Group, Inc. Jun 2017 - Jan 2019
    Irving, Tx, Us
    Led 20% annual growth and return to profitability of HYFN Local, a $50mm+ digital agency owned by Nexstar Media Group [NASDAQ: NXST], the nation's largest owner-operator of Broadcast TV stations.Re-structured org: Re-organized company into cross-functional pods, each dedicated to subset of customers resulting in improved campaign delivery and customer satisfaction.Introduced Associate Program: To reverse employee attrition in a competitive labor market, I created a “juniors” program, recruiting the best and brightest at second-tier local colleges. Hired 22 Associates in my first 90 days, which addressed workload and service levels, and promoted 7 within my first year.Hired key Executive roles: Hired VP Sales, VP Operations, Chief of Staff; replaced underperforming VP Engineering and Product Manager.Implemented metrics: Developed monthly scorecard reporting customer retention, response time & on-time delivery of campaigns, resulting in improved issue resolution and company-wide accountability.Rebranded: The legacy name had a negative reputation in the marketplace, so re-branded to HYFN Local, including name, logo, website, positioning, go-to-market, and collateral.Won back trust of channel partners: Developed escalation plan for issue resolution with minimum response times, starting with the Account Manager and ending with me. Launched a roadshow to meet with our sellers, explaining HYFN Local’s value prop and product offering to empower sellers to pitch and close with confidence.Results: Improved: On-time campaign launches 75% to 93%, issue resolution time 2.5 to 0.8 hours, employee retention (annualized) 65% to 85%, employee satisfaction (eNPS) -5 to +20, customer retention 45% to 58%, and customer satisfaction (NPS) 8 to 28.Industry: Local Media, Broadcast, Television (TV)Stage: Fortune 1000, Fortune 500, large capRole: General Manager / GM, President, P&L responsibility, turnaround
  • Loku
    Chief Operating Officer (Coo), President & Co-Founder
    Loku Jan 2008 - Jul 2013
    Co-founded Loku, a local discovery startup that leveraged NLP and computer vision to match places, events, activities and experiences to users’ tastes, which we monetized initially through coupons and daily deals and ultimately via integrated payments; sold company to strategic partner.Key wins include:Raised funding: Raised $2.2mm from prominent Angel investors in Austin and a Silicon Valley venture capital fund.Launched B2B product: Interviewed 100+ local businesses and developed insights dashboard to provide overall online mentions, traffic, summary of reviews, sentiment analysis, and drivers of positive and negative sentiment (e.g., a particular dish or service issue); this was a free offering if the company provided a rev share on coupon or daily deal, and later payments integration, which drove adoption and monetization.Negotiated revenue-sharing partnerships: Led discussions and secured product integration and revenue-share partnership agreements with channel partners and mobile payments providers worth a collective $2mm+ in anticipated annual contract value.Negotiated and completed company sale: Key channel partner approached us with an offer to buy Loku outright; led 90 day process of identifying top-tier investment bank, writing investment memo, leading due diligence with 4 suitors, negotiating deal price and structure, and consummating the sale.Results: Raised $2.2mm in Angel & VC funding, grew to 250K+ users, negotiated $2mm+ in B2B partnership annual contract value, led successful sale/exit.Industry: Tech, consumer, local, discovery, searchStage: Early stage, startup, seed stage, angel investor, venture capitalRole: Co-Founder, Product, Business Development (BD), exit/sale, partnerships, fundraising
  • Kkr
    Operating Executive
    Kkr Feb 2003 - Jul 2005
    New York, New York, Us
    Improved KKR's [NYSE: KKR] portfolio companies’ operating performance to accelerate exits; examples include: Owens-Illinois (NYSE: OI), VonHoffmann (acquired by RR Donnelley), Alliance Imaging (acquired by Oaktree Capital and, later, Akumin).Industry: Private Equity, KKR, Kohlberg Kravis Roberts, Capstone, Turnaround, Manufacturing, Industrials, Operations, Cost Cutting, Profitability, Sales Optimization, Revenue Growth, Consumer RetailStage: Late Stage, Large Cap, Fortune 500, Fortune 1000Role: Analyst, Executive, Interim, Pricing, Sales, Growth, Operations
  • The Walt Disney Company
    Senior Analyst, Strategic Planning Group
    The Walt Disney Company Jul 2002 - Jan 2003
    Burbank, Ca, Us
    Introduced tiered badging (silver, gold, platinum), offering unlimited visits for local Anaheim residents, to drive traffic to Walt Disney's [NYSE: DIS] Disneyland Resort; boosted local visitors by +11% annualized post-launch.Industry: Media, Diversified, Conglomerate, Entertainment, Theme ParksStage: Late Stage, Large Cap, Publicly Traded, Fortune 100Role: Analysis, Operations, Pricing, Growth, Profitablity, Traffic, Guest Experience
  • Mckinsey & Company
    Business Analyst
    Mckinsey & Company Sep 2000 - May 2002
    Us
    Rated “distinctive” (top rating) and offered promotion to third-year Senior Business Analyst position.Industry: Consulting, Professional Services, Manufacturing, Auto, Construction, Retail, GroceryStage: Large Company, Large CapRole: Analyst, Partner

Raj Ramanan Skills

Private Equity Strategy Venture Capital Pricing Capital Structure Cash Flow Management Consulting Entrepreneurship Mergers Business Strategy Financial Modeling Corporate Development Mergers And Acquisitions Strategic Planning Valuation Start Ups Strategic Partnerships Management Portfolio Management Executive Management Investments Business Development E Commerce Managerial Finance Angel Investing Competitive Analysis Analytics

Raj Ramanan Education Details

  • University Of Michigan - Stephen M. Ross School Of Business
    University Of Michigan - Stephen M. Ross School Of Business
    Business

Frequently Asked Questions about Raj Ramanan

What company does Raj Ramanan work for?

Raj Ramanan works for Herringbone Digital

What is Raj Ramanan's role at the current company?

Raj Ramanan's current role is Chief Executive Officer.

What is Raj Ramanan's email address?

Raj Ramanan's email address is rt****@****ail.com

What is Raj Ramanan's direct phone number?

Raj Ramanan's direct phone number is +151256*****

What schools did Raj Ramanan attend?

Raj Ramanan attended University Of Michigan - Stephen M. Ross School Of Business.

What are some of Raj Ramanan's interests?

Raj Ramanan has interest in Mobile Enterprise, Mobile, Technology, Payments, Bridging Online And Offline, College Football, Health, Children, Social Commerce, Education.

What skills is Raj Ramanan known for?

Raj Ramanan has skills like Private Equity, Strategy, Venture Capital, Pricing, Capital Structure, Cash Flow, Management Consulting, Entrepreneurship, Mergers, Business Strategy, Financial Modeling, Corporate Development.

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