Tim Shannon

Tim Shannon Email and Phone Number

Driving Business Transformations & Delivering Exceptional Results for Growth-Seeking Organizations. @ NewAge Industries, Inc.
Tim Shannon's Location
Greater Philadelphia, United States, United States
Tim Shannon's Contact Details

Tim Shannon personal email

n/a
About Tim Shannon

I am a results-driven executive with a distinguished career in global business leadership, commercial growth, and strategic supply chain management.Currently, I drive business consulting, foster commercial growth, and establish robust global supply chains through innovative strategies and leadership. I have a proven track record of ensuring secure and efficient sourcing of critical products and nurturing partnerships with international suppliers.Some of my notable career highlights include the following:✓ Orchestrated revenue achievement in 1st full year, positioning Ecosafe Solutions as key player in the market.✓Led team in surpassing expectations, achieving impressive $8.4M in revenue in 2nd full year with a 40% growth trajectory.✓Managed 9 cutting-edge biologic technologies utilized in developing noninvasive and implantable medical devices.✓Controlled and delivered on $200M P&L, implementing cost-effective measures and ensuring financial targets were met.✓Closed multiple multi-year $100M+ deals with large medical device multi-nationalsWith a dynamic career managing multimillion-dollar portfolios, leading high-performance teams, and executing initiatives that drove revenue growth and market expansion, I bring strategic acumen and leadership skills to any organization seeking transformative leadership in today's competitive business landscape.If you share the same mission and values as myself, feel free to connect with me here on the platform or via e-mail at tshannongroup@comcast.net.Expertise: Business Development, Revenue Growth, Technological Innovation, Portfolio Management, Sales & Marketing, Product Innovation, Value Chain Expansion, Financial Management

Tim Shannon's Current Company Details
NewAge Industries, Inc.

Newage Industries, Inc.

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Driving Business Transformations & Delivering Exceptional Results for Growth-Seeking Organizations.
Tim Shannon Work Experience Details
  • Newage Industries, Inc.
    Senior Vice President, Global Commercial
    Newage Industries, Inc. Jul 2024 - Present
    Southampton, Pennsylvania, Us
    NewAge Industries is a market leading manufacturer of high-quality fluid transfer products to the medical, industrial, and food and beverage industries. From PVC, polyurethane, and silicone to specialty and custom materials, our products add value to endless standard and clean applications. With extensive testing and rigorous quality control procedures, our products meet high regulatory compliance requirements. We maintain a large on-hand inventory of finished products, materials, and components and are proud to be a trusted source for multiple product solutions and creative project engineering insights. In 2019, NewAge became 100% employee owned. The ESOP highlights the company’s complete commitment from all employees to the success of its partners and to the overall health of the organization.
  • Strategic Consulting
    Business Consulting/Commercial Growth/Global Supply Chain Establishment
    Strategic Consulting Aug 2019 - Jul 2024
    I drive business consulting, foster commercial growth, and establish a resilient global supply chain through strategic leadership and innovation. My efforts have significantly contributed to the success and growth of the organization, particularly in pioneering the development of an extensive global supply chain, ensuring secure and efficient sourcing of vital medical products. My role enables me to excel in implementing market expansion initiatives, successfully entering new geographical regions, and capturing market share, while consistently identifying and integrating cutting-edge technologies to enhance business processes and maintain competitiveness in the market. Furthermore, my commitment to driving operational efficiency, reducing costs, and optimizing business processes has resulted in measurable achievements, reflecting the organization's dedication to excellence and innovation.
  • Dsm
    Business Unit Director/Vp & General Manager – Dsm, Regenerative Materials
    Dsm Oct 2015 - Jul 2019
    Heerlen, Limburg, Nl
    As the Business Unit Director/VP & General Manager, I successfully integrating three distinct selling organizations into a unified global structure. Through meticulous planning and execution, I played a pivotal role in achieving a remarkable 10% growth in both revenue and EBITDA in 2019, setting the stage for the company's continued success in the regenerative materials sector.In my capacity, I held responsibility for implementing cost-effective measures to optimize operational efficiency and ensure the company met its financial targets. My leadership not only controlled the financial aspects but also ensured the successful delivery of results, further solidifying the company's position as a key player in the industry. Through a combination of strategic foresight, negotiation prowess, and effective financial management, I contributed to the growth and profitability of the $75M Regenerative Materials Business unit.
  • Dsm
    President-Ad Interim For Dsm Biomedical
    Dsm Dec 2018 - Apr 2019
    Heerlen, Limburg, Nl
    In my key performance as the President-Ad Interim for DSM Biomedical, I provided visionary leadership to the entire Biomedical CDMO, overseeing all functional heads, delivering on a $200M P&L, while directing a diverse team of 445 employees across four manufacturing sites. Subsequently, I strategically navigated complex operational landscapes, ensuring optimal performance and cross-functional collaboration. Instrumental in driving innovation, I managed a portfolio of 9 biologic technologies integral to the development of cutting-edge noninvasive and implantable medical devices, positioning DSM Biomedical as a leader in the industry. Additionally, I excelled in customer relationship management, implementing sales and marketing strategies that contributed to revenue growth and market expansion.
  • Response Biomedical Corp.
    Senior Vice President, Worldwide Sales And Marketing
    Response Biomedical Corp. Jul 2012 - Aug 2014
    Vancouver, British Columbia, Ca
    I played a pivotal role in driving the company's global expansion and market dominance. By establishing a Wholly Owned Foreign Enterprise (WOFE) in Shanghai, China, I successfully expanded the Asian market footprint, strategically positioning the company for exponential growth. Through the execution of a robust global distribution matrix spanning BRICs, Europe, and the US, I led initiatives that fostered international growth and market penetration, establishing Response Biomedical as a key player on the global stage.In addition, I orchestrated a significant restructuring of the distribution model within China, not only increasing profitability but also ensuring a more efficient and strategic approach to capturing market share. Furthermore, within the first 90 days of my tenure, I spearheaded a comprehensive rebranding initiative, overseeing a website overhaul, implementing peripheral marketing strategies, and redesigning corporate materials.
  • Teleflex, Inc.
    Vice-President, Vascular
    Teleflex, Inc. Dec 2010 - Jul 2012
    Wayne, Pa, Us
    As the Vice President of Vascular/RTP, I successfully managed a $200M-dollar portfolio overseeing the entire Teleflex Vascular product line, which included a comprehensive range of Central Venous Catheters (CVC) and Peripherally Inserted Central Catheters (PICC). My responsibilities centered around developing and executing effective sales and downstream marketing strategies. Additionally, I was honored to be recognized as an "officer" on the new Executive Board of the Vascular Division, where I led a high-performance team of 135 professionals, contributing to the division's overall success.During my tenure, I inherited a growth rate of 0.05% in the first half of 2011. Through the implementation of strategic initiatives, I achieved remarkable results, driving growth rates to 6.7% in the second half of 2011, 14.2% in the first quarter of 2012, and 8.0% in the first half of 2012. I have played a pivotal role in transforming the division's performance to drive substantial growth and foster excellence within the organization.
  • Svelte Medical Systems, Inc.
    Vice President, Ww Sales And Marketing (Start-Up)
    Svelte Medical Systems, Inc. Dec 2009 - Dec 2010
  • Mentice
    President, Us (Start-Up)
    Mentice Jan 2008 - Dec 2009
    Gothenburg, Se
  • Ge Healthcare
    Director Of Sales, Southeast
    Ge Healthcare 2007 - 2008
    Chicago, Us
  • Bristol-Myers, Us Surgical Corp., Ge Medical Systems, Boston Scientific Corp. Datascope Corp.
    Sales Representative & Vp Of Worldwide Sales
    Bristol-Myers, Us Surgical Corp., Ge Medical Systems, Boston Scientific Corp. Datascope Corp. 1987 - 2004
    Launched the world's first ever surgical laparoscopic cholecystectomy procedure to the market as well as the world's first ever vascular closure device.

Tim Shannon Skills

Medical Devices Strategy Start Ups Capital Equipment Cardiology Product Launch Product Development Leadership Sales Management Cath Lab Competitive Analysis Sales Management Market Development P&l Management New Business Development Marketing Strategy Healthcare Forecasting Operating Room Business Development Surgeons Surgery Orthopedic

Tim Shannon Education Details

  • University Of Central Florida
    University Of Central Florida
    Marketing

Frequently Asked Questions about Tim Shannon

What company does Tim Shannon work for?

Tim Shannon works for Newage Industries, Inc.

What is Tim Shannon's role at the current company?

Tim Shannon's current role is Driving Business Transformations & Delivering Exceptional Results for Growth-Seeking Organizations..

What is Tim Shannon's email address?

Tim Shannon's email address is ts****@****nst.com

What schools did Tim Shannon attend?

Tim Shannon attended University Of Central Florida.

What skills is Tim Shannon known for?

Tim Shannon has skills like Medical Devices, Strategy, Start Ups, Capital Equipment, Cardiology, Product Launch, Product Development, Leadership, Sales, Management, Cath Lab, Competitive Analysis.

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