Verified recordMedical Device

Chris Purdy

Advisor at Midwest Interventional Systems, Inc

Based in Fort Myers, United States

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Seniority

Staff

Department

Healthcare & Human Services

Location

Fort Myers

Industry

Medical Device

Company size

44

Contact information

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Email

1 credit

c•••••••@midwestint.com

Phone

5 credits

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Background

About Chris Purdy

A Global C-Suite Executive with extensive experience in strategy development, operations, M&A, and finance in medical devices, software, and pharmaceuticals. My focus is on propelling shareholder value through strategy, operational, and financial excellence. I am a highly pro-active leader that quickly grasps strategic implications of critical issues, and implements action plans that maximize immediate and long-term impact. I am known for my integrity, capabilities, concern for others, and delivering results. I help companies to define, identify, and execute growth strategies - both organic (team and leadership, operational, and financial process development) and inorganic (M&A and strategic executions activities) to grow and execute on the next phase of evolution, including potential M&A transactions and capital raising activities. I collaborate with all internal stakeholders, CEO, external investors and Board of Directors, to foster consensus for direction, vision, and organizational alignment. SELECT CAREER ACCOMPLISHMENTS- Integrally involved in dozens of acquisitions, divestitures, and integrations including $1B sale of Marconi Medical Systems to Philips Medical Systems, Inc;$275M acquisition of Elscint LTD’s CT Division to Marconi Medical Systems, Inc. and $241M sale of E-Z-EM, Inc. to Bracco Diagnostic, Inc- Restructured ACIST Medical Systems; US and European Operations, driving five-year CAGR of 10% sales and 23% production growth. Addressed leadership competency and alignment gaps, redefined areas of accountability and created operational reporting structure- Drove cost and operational initiatives to enhance performance. Built a strong operational and financial foundation, developed accounts receivable, inventory reduction strategies, lean and expense control initiatives; and attained over $16M product cost savings over five years- Created and implemented multiple operational, financial, and service strategies worldwide.

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