Ric Maggard

Director, Product Management at Young Innovations

Based in United States

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Seniority

Director

Department

General Business & Management

Location

United States

Industry

Medical Equipment Manufacturing

Company size

500

Contact information

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Email

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r•••••••@younginnovations.com

Phone

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Background

About Ric Maggard

Think Ahead! You can't deliver the future, if you are not in the future.” ― Mack CraftHello, my name is Ric Maggard and I am an innovation-oriented and growth-focused strategist with 15+ years of experience and demonstrated success in growing businesses within complex, globally matrixed organizations by shaping business-level strategies informed by an understanding of market trends, competitive data, technology advancements, customer needs, and new product developments. My expertise lies in delivering multiple high-priority projects within stringent time, quality, and budget constraints. I am a transformational leader who is driven by challenges, undeterred by obstacles, and committed to furthering the standards of excellence. I am an engaging strategist with extensive experience in leading, training, and developing cross-functional teams to achieve and exceed predefined performance targets.Specialties: Strategic Planning & Implementation, Product Development, Innovative Solutions, Business Development, Process Improvements, Mergers & Acquisitions, P&L AccountabilityCareer Highlights:• Turned around the financial performance of a business from six years of negative growth to +15% by restructuring pricing strategies. • Transitioned the company to product platforms and pricing optimization, which resulted in increase in profitability by 1400 basis points. • Drove transformation in internal processes and customer experience by introducing material, manufacturing, and software innovations.• Played a key role in reducing costs by $1.1 million,$1.3 million, and $1.5 million in Year 1, Year 2, and Year 3 respectively.• Conceptualized and implemented a five-year strategy for the product / service portfolio of Bostik’s largest customer “P&G” with $165 million in revenue. • Generated an incremental business of $26 million over three years by developing new technology platforms.Want to know more about my experience, passion, areas of expertise, or the improvements I can make to your organization? Connect with me at rdmaggard@gmail.com.

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