sales team23 May 2014 17:08
March 27th, they hired Edwin C. Hendrick to spearhead sales efforts.
"In every case, Mr. Hendrick contributed to more than doubling or tripling revenues and profitability of those businesses, leading to successful sales of his past three companies to industry leaders.
In his most recent position as Executive Vice President, Sales and Marketing of PLUS Diagnostics, Mr. Hendrick helped lead the company's transformation from a regional lab generating $10 million in revenues to a national leader in its field achieving more than $100 million in revenues. PLUS' growth culminated in the company's successful sale to Miraca Life Sciences in 2013.
Prior to PLUS, Mr. Hendrick served as an executive with US Labs, a start-up company. He built the company's operations and sales and marketing organizations, leading a team of over 60 to achieve triple-digit growth annually, culminating in US Labs' $155 million acquisition by LabCorp.
Mr. Hendrick also led sales and marketing for Ventana Medical Systems, a medical device and reagent business that was acquired by Roche Group in 2008. He launched two of the company's biggest selling product lines, contributing to revenue growth from $3 million to over $75 million.
All he has to do is ramp sales to $5mil a year and we have a $7 stock