Thursday, August 6, 2009

CEO - Medical Device Components (two different positions)

Our firm is working on two separate CEO projects (custom recruiting solutions) in medical devices.  Both positions are targeting candidates with ortho or cardio device manufacturing backgrounds who used to work at Guidant, Boston Scientific, Cook, Biomet, Zimmer, J&J Depuy, or similar device manufacturers.

One position is leading a $100 million company with multiple manufacturing facilities.  This is an established company seeking a dynamic leader who can build a senior leadership team.  Ideally, the right candidate will have significant P&L experience, have been CEO of a $50-250 million device company, and be motivated by growing equity.

The confidential job description for this position is below.

The talent selection strategy process for this client involves initial identification through executive recruiting (our firm) and preliminary preparation for a Topgrading onsite interview with the client.

If you know of individuals who would be interested in these positions, please pass this information on to them or you can visit our office at 55 Monument Circle, Suite 1000, Indianapolis to meet Steven R. Fero, CPC, or you can click on the compass at the right to go to Career Solutions Group, Inc.’s web site.


Chief Executive Officer
Medical Device Components
Southern California

The Company
The company is a leading custom-engineered metal fabrication and intricate machined parts manufacturer offering some of the industry’s broadest capabilities and most advanced technologies. The company has been a long time supplier of critical machined components, sub-assemblies, precision metal piping and tubular components to blue-chip companies. The company has galvanized these relationships through its unparalleled metallurgical, metal alloy and machining expertise. With multiple facilities in the US and offshore, the company is one of a few companies to offer total supply chain management to its customers, including material selection, design for manufacturability, technologically advanced manufacturing capabilities, low cost manufacturing alternatives and project support service. The company sells its products principally within North America. Its sales are about $100 million. It is profitable. 

Job description
The Chief Executive Officer will be responsible for the development and execution of the company’s strategy and achieving the financial and operational metrics approved by the firm’s Board of Directors.  He/she will have full functional accountability and will be responsible for driving a significant culture change through employee enabled management programs within the organization.  

Key responsibilities include:

•    Driving sales growth by anticipating market needs, fostering technical sales, catering to national accounts, and driving market pricing with good margins.  
•    Ensuring relationships with key customers and vendors are strengthened while keeping employees motivated.
•    Increasing manufacturing margin throughout the organization through performance and productivity improvements.
•    Management and oversight of all functions of the company.  This includes optimizing the company’s multiple plant strategy to improve Overall Operational Effectiveness through LEAN initiatives. 
•    Ensuring appropriate goals and measurable metrics are in place, monitoring performance, and taking action wherever appropriate to ensure the business is meeting the goals in a “will do” environment.
•    Mentoring and developing the senior management team to successfully execute the company strategy.  Raising the expectations for timely improvements from the entire management team and transitioning the culture to one that focuses on long-term continuous improvement and profitable growth.  
•    Working closely with the Stakeholders to evaluate strategic options leading to suitable returns for shareholders.  This includes working in conjunction with the CFO to manage the relationships with the banks and other lenders to the company.

Ideal Experience
The ideal candidate possesses over twenty years of increasing responsibility, culminating in the management of a successful standalone P&L.  A portion of this experience should have been gained in the machining of precision engineered, metal components and assemblies.  Candidates who have worked as a CEO, President or COO in an entrepreneurial, growth oriented, high-expectation environment are preferred, rather than those who have served as a division president in a large organization.  The preferred candidate has been successful driving change and growth in a small to mid-sized ($75 to $250 million sales) manufacturing organization by building a “can do” culture.

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