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BSG From the Boardroom

A curated selection of executive opportunities, industry highlights, and unique insights in executive search.

    [Closed Search] CEO for growing robotics company

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    BSG Team Ventures is excited to be engaged on the CEO search for an emerging, venture- backed robotics company that develops and sells automation systems into an $8B+ market where tasks are currently executed entirely via manual labor. The first product is in beta and moving toward commercial launch September of this year.

    The current co-founder & CEO has successfully taken the company from concept through design & beta launch.  He’s driving the search for his replacement as they enter their next stage of growth to maximize the company potential they’ve built up over the last 3+ years of research, development and customer learning.  He’ll step into the co-pilot role with the new CEO driving commercial adoption, sales expansion, and next generation product roadmap.

    The company is looking for a strong sales, marketing & strategy savvy builder-leader to step in and take over the pilot role.

    COMPANY HIGHLIGHTS

    • ONE OF MOST EXCITING NEW INNOVATION FRONTIERS Robotics/automation
    • DEEP ENGINEERING BENCH with founding team members responsible for the initial success and IPO of iRobot
    • LARGE ADDRESSABLE TARGET MARKET--$2.5B for first product, $8B+ market for planned 2nd generation products, automating an otherwise manual-labor intensive industry with a first to market solution
    • READYING FOR COMMERCIAL LAUNCH NOW with growing backlog for commercial units driven from successful field beta trials over the last 6+ months
    • WELL-FUNDED with 9-12 months of runway

    THE CEO NEED

    As CEO, we’re looking for the following 4 prior experiences as a builder-leader:

    • Success in companies that integrate hardware, software, and electromechanics

    • P&L leadership of  a direct sales-driven and field services intensive organization selling into a large global customer base

    • Strong grow-it/scale-it-stage experience, having grown companies or divisions from new product launch to $25M or more in revenues

    • Prior track record of recruiting and motivating A-caliber teams

    Companies that might be part of this executive’s career progress cover a broad spectrum of industries sectors, including industrial automation, light vehicle developers, medical devices, aerospace & military technologies, or mission critical hardware/software systems.

    The following bubble diagram frames the key success attributes critical to the role—

     
    For more information, contact Clark Waterfall, Managing Director.
     
    Email Clark Waterfall
    -by Clark Waterfall on Jun 21, 2012 9:43:22 AM

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