President & CEO, Member of the
Board
Coded Communications was an emerging leader in mobile
wireless networking, providing connectivity to commercial
customers, government and public safety worldwide.
- Increased operating profit by
72%.
- Increased gross profit margin
from 38% to 50%.
- Increased sales by 21%.
- Recruited by the Board of Directors
to revitalize and grow this company, which was just
emerging from near bankruptcy.
- Developed and introduced to the
market a new family of Pentium based products, including
two products which offered high bandwidth and multi-mode
capabilities previously unavailable to the market.
- Established an exclusive 400-member
dealer network in the U.S. and increased the direct
sales force by 300%.
- Eliminated loss-making product
lines and returned a division to profitability.
- Financially restructured the
company by paying off 50% of the company debt while
recapitalizing the remainder, and secured a $2-million
bank credit line.
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