Ted Slack

Ted Slack Email and Phone Number

Retired at Humane Society of Tampa Bay @ Humane Society of Tampa Bay
tampa, florida, united states
Ted Slack's Location
Greater Tampa Bay Area, United States
Ted Slack's Contact Details

Ted Slack work email

Ted Slack personal email

About Ted Slack

Experienced commercial leader who provides unique approaches to simplify complex business issues for the pharmaceutical industry with an emphasis in specialty markets such as biopharmaceutical, oncology and vaccine medicines. Proven track record of successful development and implementation of strategic contracting, pricing, and distribution strategies resulting in profitable brand access in competitive marketplaces. These strategies resulted in a 40% increase in Biopharmaceutical net sales, $62M net sales/$1B gross Vaccines sales and net savings of $64M net sales/$1B gross Oncology sales in a variety of specialty medicine markets. Experience successfully negotiating contracts directly with National PBMs, National and Regional Managed Care Organizations, Specialty Pharmacies, Specialty GPOs, hospital/long term care GPOs, and wholesaler/distributor trading partners resulting in profitable access to specialty and pharmaceutical Brands. Leadership strengths include flexible thinking, enabling and driving change, developing people, and continuous process improvement. Consistently obtained high performance and improved brand profit through leadership and cohesive team building.Specialties: Strategic contracting, pricing, and supply chain management for the biopharmaceutical industry focusing in biopharmaceutical, oncology, vaccines, and retail pharmaceuticals.

Ted Slack's Current Company Details
Humane Society of Tampa Bay

Humane Society Of Tampa Bay

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Retired at Humane Society of Tampa Bay
tampa, florida, united states
Employees:
62
Ted Slack Work Experience Details
  • Humane Society Of Tampa Bay
    Retired
    Humane Society Of Tampa Bay May 2019 - Present
    I have volunteered at several animal shelters since retirement.
  • Sandoz Biopharmaceuticals
    Executive Director, U.S. Managed Markets
    Sandoz Biopharmaceuticals Sep 2010 - Jun 2016
    Princeton, Nj
    Direct an 18 member Managed Markets team, including a Directors of Strategic Pricing & Reimbursement, a Director of Contracts & Analytics, 3 Associate Directors of National & Regional Accounts that manage 5 National Account Managers and 4 Regional Account Managers, an Associate Director of Payer Marketing to develop and execute profitable pricing/contracting strategies which provide access for and shape all Managed Markets segments for the leading biosimilar company in the US.• Led expansion of U.S. Managed Markets team to include a Director of Strategic Pricing & Reimbursement, a Director of Contracts & Analytics, an Associate Director of Payer Marketing, an increase from 2 to 10 National Account Managers, the addition of 4 Regional Account Managers, and the addition 4 field Associate Directors of National & Regional Accounts.• Direct U.S. Managed Markets team to improve Biopharmaceutical access for patients via National PBM/MCOs vs. previous concentration on smaller regional players. This coupled with successful supply chain strategy for Specialty Pharmacies, Wholesalers and Distributors resulted in a 20% increase in net sales. • Lead U.S. Managed Markets team in the National PBM, National/Regional MCOs, GPOs, Specialty Pharmacy and Wholesaler/Distributor segments to support current and medium term Biopharmaceutical organization needs.• Develop and implement commercial team engagement strategy within Payor segments to successfully articulate the Biosimilar value proposition for the U.S. Healthcare system.• Build a new National and Regional team to successfully commercialize the first Biosilar in the US in the Institutional Hospital, IDN, and Community Oncology Clinic marketplace.
  • Glaxosmithkline
    Senior Director, Business And Contract Analytics
    Glaxosmithkline Jan 2009 - Jun 2010
    Philadelphia, Pa
    Direct team of 7 Business and Contract Analytics Managers, to provide advanced analytics for creating and tracking innovative contract strategies in the GPO, Federal and Kaiser segments accounting for 20% of GSK US sales.• Introduced financial rigor to commercial and federal contract strategies by reducing unnecessary access discounts for commercial contracts and eliminating discretionary discounts from VA/DoD/Tricare Federal contract strategies.• Created metrics to track ROI for contract strategy discounts via monthly scorecards and quarterly updates to senior management to make contract strategy changes that lead to more profitable access for brands and the portfolio which added $140M net sales/$1.2B gross sales in a declining market due to patent expirations. • Obtain “voice of the customer” feedback from National, and Regional Account teams that were used along with advanced analytics to assure that contract strategies delivered customer value in addition to profitable access.• Provided actionable targets for Medical Center and Specialty Sales teams for brand pull-through activities utilizing contract specific information.
  • Glaxosmithkline
    Senior Director, Contract Management & Operations
    Glaxosmithkline Jan 2007 - Dec 2008
    Philadelphia, Pa
    Directed team of 8 Contract Finance Managers, and Contract/Chargeback Operations managers (30 employees) to provide analytics, compliant contracts, and timely/accurate chargeback processing for GPO, Federal and Kaiser National Account Teams with $4B gross sales, and $2.5B net sales annually. • Created competitive strategic advantage by automating key but outdated processes which allowed for creative contract strategies that added $35M in net sales and improved $1.1B cash flow from chargeback process. • Conceptualized and implemented several Six Sigma projects that significantly improved cycle time for chargeback adjudication, elimination of all paper and manual chargeback processes, more timely/accurate rebate payments, and new customer contract cycle time from 45 to 2 days with web-based process improvement. Chargeback projects were accomplished in 6 months while rebate and contract cycle time projects were completed within 1 year. • Directed and implemented contract strategy changes that increased profitability by $35M for $900M gross sales while maintaining appropriate access for GSK brands. Accomplished by creating a process for Contract Finance Managers to determine the value of potential new contract strategies through the use of profitability tracking tools.• Led project team that saved $500m in additional discounts from $1.6B in segment gross sales by converting 60 commercial contracts to maintain compliance with new D.R.A. legislation. Accomplished this in a 6-week period of time with a new team.
  • Glaxosmithkline
    Director, National Vaccines Pricing & Contracting
    Glaxosmithkline Jan 2004 - Dec 2006
    Philadelphia, Pa
    Completely revamped commercial and public vaccine strategic contracting, pricing, and distribution strategies that improved profitability from -$60M the previous year to +$62M net sales budget attainment in 3 years. • Instituted commercial vaccine performance contract strategy that increased net sales growth from 4% to 27% and reduced discounts by 15%, which added $23M net sales/$150M gross vaccines sales. • Developed vaccine market opportunity with 340B-Prime Vendor Program solution that gave sales force access to 15K new customers for an additional $25M in annual sales for the full GSK vaccine portfolio.• Set premium pricing from a large strategic pricing study input to align Executive Leadership Team behind higher industry price point that met launch forecast while increasing net sales by $15M. • Earned Six Sigma Green Belt while leading a project team to reduce new customer contract cycle time from 45 to 2 days with web-based process improvement that provided a long-term strategic advantage for GSK with respect to customer service.
  • Glaxosmithkline
    Director, Oncology National Accounts Director
    Glaxosmithkline Jan 2001 - Dec 2003
    Philadelphia, Pa
    Responsible for developing national oncology contract strategy for hospitals, oncology clinics, HMO/PBMs, federal customers, and oncology distributors.• Developed and implement oncology clinic performance contract strategy that increased net sales growth from 9% to 30% in one year and reduced discounts by 5%, which added $48M net sales/$420M gross oncology sales. • Developed and implemented oncology sales force training program to teach the economics of Oncology Clinic performance contracting, thus ensuring effective pull-through efforts to maintain $50M Zofran net sales.• Presented fair market value assessment to Executive Management and gained agreement to negotiate cancellation of oncology specialty distributor agreements resulting in $2M savings and avoiding potential negative impact on $50M Zofran net sales.
  • Glaxosmithkline
    Senior Executive National Accounts Manager
    Glaxosmithkline Jan 1995 - Dec 2000
    Research Triangle Park, Nc
    Led GPO contract strategies and implementation for AmeriNet, Managed Healthcare Associates (MHA), University of Pittsburgh/HC Pharmacy Central, and John Hopkins University contracts. Negotiated contract terms and conditions, pricing and performance rebate programs and led the implementation of these contracts in key member health systems and hospitals.• Negotiated AmeriNet, Managed Healthcare Associates (MHA), University of Pittsburgh/HC Pharmacy Central, and John Hopkins University contracts within pricing guidelines and at highest profitability level ever achieved in assigned accounts resulting in $350MM of annual average contract sales.• Analyzed GPO contract strategies to achieve profitability goals and assure alignment with long-term portfolio product growth goals. Integrated pricing guidelines and rebate performance programs into Field Sales implementation plans.• Collaborated with field sales leadership to create targeting lists and plans of action for GPO contract implementation and pull-through in major member health systems and Academic Medical Centers.
  • Glaxosmithkline
    Hospital District Manager
    Glaxosmithkline Jan 1991 - Dec 1994
    Cincinnati, Ohio Area
  • Hoechst-Roussel Pharmaceuticals Inc.
    Hospital Sales Representative
    Hoechst-Roussel Pharmaceuticals Inc. Jan 1988 - Dec 1990
  • Bristol-Myers Uspng
    Senior Hospital Sales Representative & Territory Sales Representative
    Bristol-Myers Uspng Jan 1982 - Dec 1987
    Charleston, West Virginia Area

Ted Slack Skills

Pharmaceutical Industry Leadership Strategy Managed Care Urology Oncology Sales Operations Biotechnology Vaccines Hospital Sales Pharmaceutics Sales Effectiveness Pharmaceutical Sales Biopharmaceuticals Market Access

Ted Slack Education Details

Frequently Asked Questions about Ted Slack

What company does Ted Slack work for?

Ted Slack works for Humane Society Of Tampa Bay

What is Ted Slack's role at the current company?

Ted Slack's current role is Retired at Humane Society of Tampa Bay.

What is Ted Slack's email address?

Ted Slack's email address is te****@****ail.com

What schools did Ted Slack attend?

Ted Slack attended Fox School Of Business At Temple University, West Virginia State University.

What skills is Ted Slack known for?

Ted Slack has skills like Pharmaceutical Industry, Leadership, Strategy, Managed Care, Urology, Oncology, Sales Operations, Biotechnology, Vaccines, Hospital Sales, Pharmaceutics, Sales Effectiveness.

Who are Ted Slack's colleagues?

Ted Slack's colleagues are Ornella Varchi, Erik Pindar, Darlene Esposito, Estefany Gamez, Steve Ouellet, Gretel Harvey, Maria Whistler.

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