Vic Ventura's Email Addresses & Phone Numbers

📖 Summary

President & CEO @ Augmentum Management Associates Founder of this management consulting company focusing on closely held companies. Specializing in strategic planning for growth, turnaround situations, process improvement and decision support. From March 2015 to February 2016 (1 year) Pittstown, NJPresident, CEO, COO & CFO @ Argo International Corporation Argo is a global distributor of Motors, Drives, Controls, Parts, Pumps, Solutions and Services for the Oil & Gas and other Industrial markets. As Argo’s Chief Financial Officer & COO (August 2007 – April 2012) I had responsibility for accounting, banking, budgeting, credit and collections, human resources, inventory management, IT, vendor management, and risk management. At that time, Argo had 16 offices including 10 international locations doing business in 50 states and 50 countries. As President & CEO (April 2012 – November 2014) I was responsible for the sales and operations of all domestic and foreign branches. I directed the turnaround of the company by redefining the business strategy, improving the team, and more than doubling the sales backlog. I established the solutions and services business to offset the declining MRO market and to develop new higher-margin business. This led the expansion into new geographic territories and new markets (upstream oil and gas). The company was sold in late 2014 From August 2007 to November 2014 (7 years 4 months) VP & General Manager @ Global Healthcare Exchange (GHX - Market Intelligence) Responsible for developing and driving the strategic plan, coordinating the sales, marketing and development efforts and management of the P&L for the market intelligence and contract management businesses. Led the company through its sale to Neoforma, Inc. and subsequently to GHX, maintaining team focus and productivity. Achieved turn-around of division struggling with financial performance and morale issues. Direct staff of 35 in production, development, sales and services of market intelligence reports, contract management services and data cleansing services to medical/surgical distributors and manufacturers.Despite the distractions of being acquired in 2006, it was a year of unprecedented growth. Revenue grew 33% over the prior year surpassing the stretch revenue goal. Working closely with the development team, I secured the approval and funding for three key development projects critical to the scalability of the business. From July 2002 to August 2007 (5 years 2 months) CEO / CFO @ MedContrax MedContrax was a start-up formed to develop a web-based contract cost management solution for the healthcare industry. In the first 3 months I drove the negotiations and completed the acquisition of two new business lines, HPIS and Med-ecom. My role as CFO overlapped the duties associated with traditional COO responsibilities. I worked closely with product management in enhancing the product lines and also with sales & marketing to develop selling strategies. Along with the CEO, I led the “road show” to the investment community in an effort to raise capital. I guided the company through two RIF’s and secured three separate rounds of bridge financing ($8.2 million) from the VC’s and private investors. As the market worsened the board appointed me President & CEO and charged me with selling the company. I organized the process of marketing the company and identifying prospective buyers. The company was successfully sold through a competitive bid process. From June 2000 to July 2002 (2 years 2 months) VP & Treasurer @ Neuman Health Services As VP & Treasurer and a member of the Executive Management Committee I directed the financial operations of 5 regional distribution centers and was responsible for a $5.1 million operating budget with 68 employees. I also managed the $300 million banking relationships and all cash for the company. This included accounts receivable, payables, contracts/chargebacks administration, corporate credit, pension plan administration, risk management, all litigation activities and vendor relations. I led the corporate-wide Y2K initiative without any service disruption and led the consolidation of multiple locations, reducing overhead 27%. I instituted policies and procedures which led to a 30% decrease in the bad debt expense and an improvement of DSO (day’s sales outstanding) by 5.5 days. From June 1994 to July 2000 (6 years 2 months) Executive Vice President @ Traffic Plan Traffic Plan is a certified WBENC (Women Business Enterprise) which provides traffic safety solutions by ATSSA and MUTCD certified traffic control crews to Utility Companies, Municipalities, and Private Contractors throughout New Jersey, Pennsylvania and Virginia. Traffic Plan will design, submit, and implement the traffic control plan to protect your workers, equipment, and the general public in a safe and professional manner. Farmingdale, NJ