Examples
CEO - BioProduction invovator
An angel investor developer of mRNA translation sought a CEO to the founders technology to commercial relevance. The
scientific founders: one Nobel lauriat, one senior scientist and two seasoned investors lacked relevant commercial networks. The succesful candidate, an
accomplished sales and business development executive, initiated corporate partnerships demonstrating significant commerial potential.
Managing Director - Publicly held private equity firm
This life science focused firm held significant intellectual property (IP) directly and through it's portfolio companies. The firm had begun to monetize its IP and recognized an opportunity to enhance and expand that initiative while assisting its portfolio companies to further develop and monetize their IP estates. The successful candidate is an experienced IP attorney with significant law firm and large life sciences company experience followed by several years of general counsel and broader business leadership experience in a highly successful life sciences innovator.
Board Member – Medical Device Innovator
A venture capital backed surgical instrument developer sought a board member with relevant domain operating experience. The successful candidate, a sitting CEO, remained with the company through its merger into a market leader. ABA also recruited the CEO and VP of Sales and Marketing of the company.
CEO – IT Intensive Service Roll Up
A venture capital backed service innovator with significant information technology differentiation sought a CEO to succeed the founder and reestablish growth. The successful candidate, a former COO of a rapid growth alternate site service rollup, acquired the company’s fledgling competitors without additional equity investment. The business tripled. ABA’s principal later assisted the company in securing private equity financing.
CEO – Specialty Payer
An ABA venture capital client sought to convert a non-profit payer to for profit and rapidly expand the business. The successful candidate, a former managed care division president, relocated the company, grew it rapidly and took it public. Its sales are now several billion dollars. Venture returns exceeded 30 times investment. The CEO remains in place.
CEO – Specialty Medical Service
The CEO, under Board pressure, sought a COO for this “plateaued” venture capital backed company. During the assignment, a new venture investor joined the Board. The Board then recruited ABA’s lead candidate to be CEO. The company subsequently grew by a factor of 10, went public and was purchased by a market leader. The new investor realized 10 times its investment.
CEO – Analytical Instrument Innovator
A venture capital backed analytical instrument innovator sought a “commercial” CEO to succeed and partner with its founding CEO and chief technologist. The successful candidate, the former President of a customer, lead the client to 15 times revenue growth and sale to the market leader. ABA also recruited an industry leader to the Board of the company.
CEO – Specialty Service Spin Off
A multibillion-dollar New York Stock Exchange listed specialty inpatient services provider sought a CEO for a $150 million division. The successful candidate, the former COO of another public specialty service provider, executed the spin-off and tripled the business prior to merger. ABA also assisted the company to recruit its Vice President Sales and Marketing.
Division President – Carve Out Payor
A multibillion dollar New York Stock Exchange listed carve out payor sought a Division President for a multibillion dollar division whose growth and profits topped the company’s portfolio. The successful candidate, the former CEO of public specialty service provider, has continued the Division’s growth. The runner up became CEO of a $600 million private equity backed spin-off of another public company.
CFO, Specialty Payor Servicer
A recently recapitalized private equity backed specialty payor servicer sought a CFO. The successful candidate, the former CFO of a public high technology company, led the client through a public offering, a significant acquisition and purchase by a private equity investor. The runner up on the CFO assignment was recruited by the client to lead corporate business development and was rapidly promoted to Division President.
VP – Sales and Marketing - Carve Out Payor
A contract manager of specialty service facilities sought a Vice President Sales and Marketing to build its nascent managed care carve out business. The successful candidate, who held a similar position in a managed care organization, built a sales force which rapidly increased the new business such that it became the company’s core business and the basis for its successful initial public offering.
