Stephen Lomnes Email and Phone Number
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Business Management | Product Strategy | New Product Development/Launch | Value Creation Health Care Tech | Biosciences | Market Entry | Applications Development KEY SKILLS• Business Strategy Analytics, Pricing Strategies, and Variable Cost Productivity• Market Share and Margin Expansion• Competitive Landscaping and Commercial Operations• Clinical Applications Development and Clinical Trials• Product Development and Launch Deployment• Developing Talent, Managing Teams, and Cross Functional Leadership• Organizational Transformation, Client Consultation, Strategic Partnerships, and Public SpeakingHIGHLIGHTS• Lead strategic and quantitative business consultants driving profitability• Trained 5,000+ leaders across enterprise in product management• Lead turn around and sale of PCI business unit generating $25M incremental profit• Grew PCI revenue $6MM while growing profitability $10.3MM and grew market share by 20 points• Streamlined development costs of cancer therapeutic products from $106M to $23M• Secured licenses to key assets resulting in rights to 38 issued patents and 15 applications globally • Developed and launched web-based application to drive analytics and machine learning capabilities and grew its audience to 25,000 in under 10 months, reducing cost to serve by 12x• Developed and launched Product Intelligence Platform to give product managers visibility to and accountability for driving margin expansion across a $165B product portfolio• Coached 300+ product managers in the science of product managementPROJECTS & TECHNOLOGIES• Product Management Science @ Scale, GE Technical University, Fluorescence Guided Surgery,Pre-Clinical Imaging, Diagnostic Imaging Research and Applications, Diagnostic Pharmaceuticals• Lean Startup, Agile, Data Mining, Tableau, Python, TensorFlow, AWS, SQL, Machine Learning
Ecovative - The Mycelium Technology Company
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Cfo And Chief Strategy OfficeEcovative - The Mycelium Technology CompanyAlbany, Ny, Us -
Chief Strategy OfficerEcovative - The Mycelium Technology Company Jun 2022 - PresentGreen Island, New York, Us -
Coo & CofounderMyforest Foods Mar 2020 - Jul 2022Green Island, New York, Us -
PresidentMyforest Foods Mar 2020 - Jun 2022Green Island, New York, Us -
President, Atlast Food Co.Ecovative Design Jan 2020 - Jan 2022Green Island, New York, Us -
Director, Product StrategyEcovative Design Nov 2019 - Jan 2020Green Island, New York, Us -
Platform Leader, Product Management As A ScienceGe Global Research Aug 2016 - Nov 2019Niskayuna, New York, UsPart of a SWAT team of strategic & quantitative business consultants with a mission to drive margin expansion for the GE Industrial Businesses (9 across 3 industrial ecosystems). Personally, responsible for scaling the work of the team across GE as rapidly as possible. Developed a comprehensive plan of attack including on-demand, web-live, in-person, and targeted in-tact team engagements. Led the development of software tools and web applications to enable teams to more easily apply principals on their own. Tool development targeted 1) C-level strategic planning that influenced ecosystem modeling, forecasting, and scenario planning 2) Product Managers with detailed year over year financial fundamentals at the product level coupled with analytics, visualizations, comparisons, scenario-based planning and 3) Cost-out professionals with part-level purchasing history to identify significant savings opportunities and measure impact including various levels of should-cost analysis including Deep Neural Network-based AI to rapid and automated should-cost estimation across the entire parts database, part type by Clustering, with a continuous learning strategy called LSTM.Enabled team impact of achieving 1year margin expansion over a portfolio of 260 products representing $10B of CM by +120bps in 1yr, identifying $7B of cost savings opportunities and realizing +$400MM in current year (ROI >5:1) and influencing strategic moves in GE’s Oil & Gas and Transportation businesses. -
Director, Ge Technical UniversityGe Global Research Jun 2012 - Aug 2016Niskayuna, New York, UsLead a cultural transformation initiative in technical learning (Data Analytics, Machine Learning), focusing on making learning continuous, easy, and fun. We built a web-based application that automatically builds live catalogs of learning from internal and external learning services, created community-based contribution paths, and tied it together with a custom recommendation engine to drive utilization. Took initiative from concept to launch with exponential user adoption. Growing from 0 to 25,000 users (58% of the addressable audience) in 10 months. Expanded learning engagement while reducing the cost to serve by 12x. -
General Manager - Preclinical ImagingGe Healthcare May 2011 - Jul 2012Chicago, UsResponsible for driving performance for the business unit across functional disciplines including engineering, manufacturing, QARA, service, training, and sales for a global business. Drove detailed analysis of entire business and made the decision to divest the business unit, saving the company $25MM in losses over 5 years. Drove transition to conclusion by transferring to trusted 3rd party by transferring capabilities and staff. -
Global Product Manager, Preclinical ImagingGe Healthcare Apr 2009 - May 2011Chicago, UsDirected a complete portfolio of medical imaging equipment and software for pre-clinical applications. Defined product strategy. Rationalized portfolio. Implemented platform strategy, distribution strategy. Resulting in top line growth of +30pts ($6MM), contribution margin +35pts ($10.3MM), share up 20pts. -
Vp Operations & Product DevelopmentSunstone Biosciences Apr 2008 - Apr 2009Developed and managed financing strategy, secured over $500k in financing in first months. Secured 4Q08 product sales of $100k and projected 1st-year revenue of $1M. Streamlined development cost of 2 cancer therapeutic products from $106M to $23M.Led strategy and business plan development for platform-technology company addressing markets in cancer therapeutics, clinical diagnostics, and security & authentication markets. Headed IP landscaping, strategy definition, negotiations and secured licenses to key assets resulting in rights to 38 issued patents, and 15 applications with worldwide coverage.
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Manager Biomedical Optics ResearchGe Healthcare Dec 2006 - Apr 2008Chicago, UsLed patent, clinical, regulatory, and research aspects of Florescence Guided Surgery, a new business initiative targeting a $3B market opportunity, focused on the use of fluorescent agents and sensitive optical imaging systems for guiding surgical interventions. Developments resulted in the introduction of a new medical imaging device into first-in-human clinical studies and bringing 2 novel diagnostic pharmaceuticals through major preclinical milestones into GMP scale-up. -
Manager, Oncology And Interventional Medicine Research ProgramsGe Healthcare Nov 2005 - Dec 2006Chicago, UsEstablished innovative academic/industry research partnership with leading cancer hospital and secured $4.2 million for a multimodality research facility. Developed a set of integrated research projects focused on the coordinated use of CT, Angiography, MRI, Ultrasound and Electromagnetic Navigation Systems to enable more effective interventional oncology procedures.· Designed multigenerational product development plan and secured $2.2 million to institute the Florescence Guided Surgery initiative. -
Program Lead, Biomedical OpticsGe Global Research 2001 - 2005Niskayuna, New York, Us -
Undergraduate Research FellowThe Johns Hopkins University Sep 1998 - May 2001Baltimore, Md, UsTraumatic Brain Injury Research - Designed and executed studies at the direction of PI to understand the cellular and molecular pathways at play in neuronal models of traumatic brain injury. Experience with cell culture, transfection, fluorescence microscopy,
Stephen Lomnes Skills
Stephen Lomnes Education Details
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Rensselaer Polytechnic InstituteBiomedical Engineering -
The Johns Hopkins UniversityBiomedical & Mechanical Engineering
Frequently Asked Questions about Stephen Lomnes
What company does Stephen Lomnes work for?
Stephen Lomnes works for Ecovative - The Mycelium Technology Company
What is Stephen Lomnes's role at the current company?
Stephen Lomnes's current role is CFO and Chief Strategy Office.
What is Stephen Lomnes's email address?
Stephen Lomnes's email address is lo****@****ail.com
What schools did Stephen Lomnes attend?
Stephen Lomnes attended Rensselaer Polytechnic Institute, The Johns Hopkins University.
What skills is Stephen Lomnes known for?
Stephen Lomnes has skills like Medical Devices, Product Development, Clinical Research, Product Management, Strategic Planning, Product Launch, Project Management, Data Analysis, Research, Software Project Management, Machine Learning, Agile Project Management.
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