- Chief Executive Officer
- Reporting to: Board of Directors
- Location: Midwest
BSG has commenced an executive search for Chief Executive Officer for our client, an in vitro rapid diagnostics company dedicated to changing the way infectious disease is diagnosed and treated globally. The Chief Executive Officer will be responsible for the day-to-day management and leadership of the organization and will partner with executive officers in managing all operational aspects of the company and ensuring the aggressive and successful growth of the business and commercial success.
Opportunity Overview
Chief Executive Officer
THE COMPANY:
Our client is an award winning, in vitro rapid diagnostics company dedicated to changing the way infectious disease is diagnosed and treated globally. The company offers systems for detecting bacteria indicative of infections using clinical urine samples and identifying appropriate antibiotic treatment and provides clinicians with patient-specific antimicrobial resistance profiles. Our client is not only reinventing how bacteria are detected and antibiotics are prescribed, they are also making sure that the products they design are affordable and accessible to all. The company was incorporated in 2008 and is based in the midwest.
THE OPPORTUNITY:
Ideal Candidate Profile
Reporting to the Board of Directors, the Chief Executive Officer will be responsible for the day-to-day management and leadership of the organization and will partner with executive officers in managing all operational aspects of the company and ensuring the aggressive and successful growth of the business and commercial success.
Specific Responsibilities
Lead Strategy
- Set the vision for the company and define the overall strategy from launch to scale; including long-term goals. Drive growth, profitability and company value
- Provide guidance to all functional areas, including strategy, operations, sales & product
- Develop and implement scalable and efficient strategies to ensure both consistent results and exponential growth
Build Great Talent & Teams
- Attract, retain & develop world-class talent
- Cultivate a high-performing culture
- Empower the team towards autonomous delivery, while exercising appropriate balance of control
Execute with Excellence
- Drive day-to-day operations
- Align resources to achieve key business priorities
- Proactively mitigate business, operational & governance risks
Win in the Marketplace
- Lead fundraising efforts to support continued growth & commercial success
- Drive continuous improvement
- Manage competition and threats in the marketplace, with constant evaluation of financial structure, capital strategy & strategic priorities
- Own P&L and cash flow. Manage burn rate while growing the business
Mobilize Stakeholders
- Regularly report updates to Board of Directors and corporate stakeholders regarding progress on strategic priorities, and collaborate with Board of Directors to accelerate progress
- Invest in strategic partnerships & relationships where necessary to drive growth
Qualifications & Expertise
- Prior experience as P&L Leader
- Past experience in CEO, President, General Manager or COO role
- Significant experience overseeing multiple functional disciplines such as Sales, Marketing, Business Development, Operations, Finance, Manufacturing, Commercial, etc.
- Medical diagnostics industry experience (preferably class one)
- Successful experience in an entrepreneurial, growth-stage corporate environment
- Pre-revenue/early revenue to development & commercialization stage preferable
- Comfort & success in raising investor money in past roles (including road shows, presentations, conferences, etc.)
- Global customer/distribution experience preferable
- Experience managing Board of Directors and corporate stakeholders to keep regular updates on business performance and progress
- B.A. or B.S. required; Masters, or PhD in biology, chemical engineering, or bio engineering strongly preferred
Skills and Personal Characteristics
- Builder leader vs. optimizer leader
- Private company experience in career background in last 10 years (VC or PE backed preferred)
- Defined by others as smart, capable, hands-on, energetic, and someone who possess a strong entrepreneurial spirit
- History of building & creating a strong culture within an organization
- Ability to drive consensus among leaders & teams
- Proven track record of building successful products and high caliber teams from the ground up
- Visionary startup executive profile, with ability to guide a company through all phases of growth
COMPENSATION:
Compensation is competitive with the position’s requirements. In a performance-based environment, this will include base salary, bonus structure based on corporate qualitative and quantitative strategic KPIs, and a stakeholder position in the company.
LOCATION:
Midwest
CONTACT OR SUBMIT RESUME:
