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Work experience

20022009

President, CEO and founder

Fox Hollow Capital, Inc and Gehrig Component Framing

Fox Hollow Capital, Inc.                 Acquisitions.                                                                   2002-2009

Gehrig Component Framing,       Manufacturing of Wood Building Components        2005-2008

Founded Fox Hollow Capital to find and acquire a manufacturing company.

  • Researched selected industries, identified target companies, established contact with, and negotiated terms with the owners of three target companies.
  • Identified and established contact with potential investors. Secured funding for a $10 million deal.
  • Led formation of Gehrig Component Framing. As CEO oversaw recruiting of key employees, site selection, equipment selection, set up of manufacturing facility, and implementation of key systems.
  • Developed and implemented strategic plan for this $20MM+ company, repositioning it as component manufacturer, shifting sales from low margin production builders to higher margin custom builders.
  • Negotiated and closed sale of Fox Hollow Capital's ownership share resulting in total return of 2.7X.
20002002

Vice President Operations

Align Technology

Supervised quality & regulatory, information systems, internet business processes, materials management, purchasing, order entry, and facilities. Selected accomplishments are:

  • Converted these groups from unstructured entities to organized and effective teams following well defined and predictable business processes.
  • Initiated and supervised implementation of a Quality System in the US and overseas, resulting in ISO 2001 certification in only 6 months and reduction in customer complaints of 70%.
  • Re-engineered the order entry process, reducing order time and error rates by 50%.
  • Created and staffed the Internet Business Processes Group to develop and implement primary customer interface, reducing customer service cost by 30%.
  • Substantially improved the IT infrastructure, increasing uptime from 90% to 99%.
  • Streamlined the shipping process, reducing cost by $800,000/year.
  • Restructured the purchasing process and consolidated suppliers, saving $700,000/year.
19982000

Vice President Operations

CardioVention Inc.

Introduced a structured approach to product development for this start-up company still in research stage. Accomplishments include:

  • Directed development and implementation of a new product introduction process.
  • Restructured the R&D group into project teams resulting in increased morale and higher productivity.
  • Initiated designed experiments proving design objectives unachievable, causing company to reduce staff, redefine product objectives, and create successful product before needing additional funding.
  • Created and staffed instrument development group reducing development time by 3 months and cost by $450,000.
19961998

Vice President Operations

CardioThoracic Systems, Inc

Supervised production, manufacturing engineering, materials management, and most of product development in this start up company. Accomplishments include:

  • Created in four months a fully functioning manufacturing function consisting of production, manufacturing engineering, and materials management.
  • Selected and supervised implementation of a complete MRP II system in less than two months.
  • Directed development of Quality System procedures covering product development, production, and materials management resulting in ISO certification and full GMP compliance in less than 4 months.
  • Supervised the final phase of the development of the company's first product and managed the transition into production. Ramped up production to over 3,000 units/month in less than 6 months.
  • Introduced the concept of cross functional product development teams; assumed responsibility for supervising 2 of the company's 4 product development teams.
  • Led the development of the 2nd generation product which was brought to market in only 5 months.
19921996

Vice President Manufacturing

Medtronic CardioRhythm

Built the manufacturing function for this startup company from scratch:

  • Created and staffed manufacturing engineering, extrusion, materials management & systems, and production, a total of 30 people in less than six months.
  • Supervised setting up two production lines achieving output of over 2800 units/month, manu-facturing lead times of less than 2 days, and yields of 95% and 85% in less than six months.
  • Defined and implemented systems and procedures, which passed all FDA and corporate audits without significant deficiency findings and achieved ISO 9000 certification on first attempt.

Managed and continuously improved day to day operations. Accomplishments include:

  • Reduced labor cost by 60% and total product cost by 21% in 18 months.
  • Increased yields to over 99% for one product line, over 96% for another.

Introduced and implemented cross functional teams responsible for all phases of new product introduction. Assumed responsibility for product development of all core business products:

  • Directed development of a product line, which was introduced to market in 33% less time, at a 20% lower cost, and with the lowest complaint rate in company history.
  • Initiated, directed development of, and brought to market in only 10 months a new line of diagnostic catheters, designed to perform better than the market leader at 60% lower cost.
19901991

Vice President Operations

Abaxis

Responsible for manufacturing engineering, process development, materials & systems, and quality control & calibration.  Accomplishments include:

  • Introduced and applied the concept of concurrent product and process development, reducing time to market by 30%.
  • Directed process development for instruments, disposables, and reagents using Statistical Process Control (SPC) and Fail Safing methods to eliminate defects.
  • Selected and implemented a PC based MRP II system.
  • Conceived and managed development of an automated assembly line in parallel with product development, eliminating the need for a pilot line.
19871990

Principal Consultant

CSC

Assisted clients with strategic and operations issues. Accomplishments include:

  • Introduced the concept of manufacturing excellence to a large manufacturer of laser systems. Directed implementation of Just In Time, Kanban, Total Quality Control, and Employee Involvement, increasing yield from 50% to 90% and gross margin from 35% to 44%.
  • Directed process lay-out and development of process instructions for a medical device company increasing yield from 70% to 90% in 8 weeks and reducing lead time from 2 weeks to 3 days.
  • Revived a high tech company from flat to 25% annual growth by redefining market segments and reallocating resources among business units.
  • Saved a $10MM electronics company $1MM by reducing inventories 45% and variable cost 10%.
  • Designed a turn-around plan for a $12MM manufacturer of machinery, converting a $2MM loss to a $500,000 profit, by redefining marketing strategy, target customers, and product lines.
19841987

Manufacturing Manager

Oximetrix, Inc.

Supervised production, manufacturing engineering, and materials management. Introduced World Class Manufacturing and applied Just In Time, Kanban, and Total Quality Control to increase productivity and reduce cost. Significant results include:

  • Reduced variable cost for one product line 46% the first year, generating savings of $800,000.
  • Increased direct labor productivity by over 300%.
  • Reduced Work-In-Process and manufacturing lead time from 6 weeks to 7 days.
  • Reduced production scrap 90% and field failures from 5% to 0.5% in one year.

Education

MSc.

Technical University of Denmark

Specialized in process design, control, and optimization methods, process economics, and project management.

19791981

MBA

Stanford Graduate School of Business

Focused on general and strategic management of manufacturing companies.

Printable Documents

Initiatives & Achievements

Delivering Results

"As a leader with a vision I set goals and develop strategies. I create strong, autonomous, high performance management teams to help me reach goals and objectives. I promote a "do it right the first time" mindset to establish efficient business processes. I drive continuous improvement throughout an organization by involving, empowering and motivating employees to contribute to success. This leads to synergy and generates superior results for the company or client I work for."

Summary

Senior Operations Executive/CEO/COO * 20+ years in Medical Device Industry. * 5 years in Building Component Industry. * 5 years consulting experience Strong, innovative, and performance driven leader. Skilled motivator and team builder.

Strong quantitative and analytical skills. Extensive start-up and turn-around experience. Strong record of cost reductions, quality improvements, inventory reductions. and other business process improvements. Comprehensive experience managing new product introduction, production, supply chain and materials, manufacturing engineering, quality & regulatory affairs, customer service, and IS/IT. Skillful in developing marketing and product positioning strategies. Successful implementer of internet based business processes.

Experienced in building complex financial computer models.

Specialties

General Management:

Advanced Manufacturing:

  • Lean Manufacturing,
  • Continuous Improvements (KAIZEN)
  • Error Prevention (Poka Yoke)
  • Total Quality Management (TQM)
  • Total Preventive Maintenance (TPM)
  • Just-In-Time (JIT)
  • KANBAN Demand/Flow Processes
  • Line Balancing (TAKT Time)
  • Setup Reduction (SMED)
  • Value Stream Mapping
  • and more.

Quantitative Analysis:

  • Financial analysis and model building (Excel)
  • Design of Experiments (DOE)