Member / William Mince

William Mince

Interim CEO, COO, Turnaround

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William-Mince (1)

Bill is an experienced public company executive who has successfully grown organizations through organic development of new product lines and acquisition of both public and private entities. He has been on the due diligence and integration team for over twenty-five acquisitions. He is a results driven leader with significant operational and margin improving successes.

He recently worked with the executive team at LiveLeaf Bioscience as the interim COO. He helped them recast the business to provide core technology licensing and private label manufacturing. Additionally, he identified a low cost manufacturing source and implemented a monthly sales and operations planning process. He collaborated with the CFO to develop a focused business plan to raise the final investment round needed to reach profitability.

He most recently left Natus Medical (Nasdaq: BABY) after ten years as an Officer with responsibility for North American Operations. He was recruited to help restore profitability, add operational structure and assist in the growth from $27MM to $360MM. He was responsible for the operational due diligence and integration of fifteen acquisitions ranging in size from $2MM to $95MM. He led the other Officer team to define the worldwide integration strategy and timing for each acquisition in order to meet the accretive integration goals. He also directly managed five North American subsidiaries ($160MM). He has previous leadership experience with Nellcor, Square D Company and 3M.

Key Skills

• Managing multiple divisions both domestic and international
• Assessment of operations to define upside opportunities
• Acquisition due diligence and post close integration
• Senior management team building
• Implementing corporate-wide culture change
• Developing program and product development systems and teams

He has been awarded thirteen patents in the digital media, software and medical device fields. He is soon to publish his first management book titled “Up from the Crowd: Lessons to Help Managers Become Effective Leaders”.

SELECT INTERIM EXECUTIVE EXPERIENCE

Company Stage Focus: Late Stage Venture Funded, Private Equity Backed, Turnaround/Distressed, Public, Fortune 500, Fortune 1000, Private, Family Owned

Refocus of Startup Company

Worked with the executive team to recast the business to focus on core technology licensing and private label manufacturing

International Integration

Integration of a company acquisition in Buenos Aires, AR. Responsible for coordinating all functional integration activities and developed a six month plan for transition.

Turnaround, Medical Device Company

Led turn around of a $7M public medical device company and sale to another public company.

ACCOMPLISHMENTS

• Grew a public company from $27MM to $360MM through fifteen acquisitions in eight years.
• Built a Maquiladora manufacturing company in Mexico on a green field site including design/construction, business entity formation, import/export and hiring of all employees both U.S. and local.
• Reduced cost of goods from 45.4% 36.4% over five years.
• Led turn around of a $7MM public medical device company and sale to another public company.
• Led the integration of a $95MM divsion from one public company to another.

CREDENTIALS/EDUCATION

• BSBA, University of Redlands
• MBA, National University
• CPIM, APICS
• ISO Lead Auditor, BSI Program
• BOD Training, Stanford University

Years Executive Experience: (25)
Years as an Interim Exec: (8)
Company Size: ($1M-$500M)

SPECIALTIES:
• Building a Management Team
• Contract Negotiation
• Corporate Development
• International Business
• Joint Ventures
• Acquisition Integration
• Company Sale
• Operations: Cost
• ERP
• Offshore Development
• Outsourcing
• Planning / Modeling / Execution
• Process Improvement
• Crisis Management

INDUSTRY EXPERIENCE
• Biotechnology
• Computer Hardware/Backbone
• Digital Media
• Healthcare
• Life Sciences
• Management Consulting
• Manufacturing
• New Product Development
• Turnaround

AUTHOR OF “UP FROM THE CROWD”

Bill-Book

How Company Owners Can Still Win in the Current M&A Market

How Company Owners Can Still Win in the Current M&A Market

The COVID-19 pandemic and global economic lockdown has seen merger and acquisition (M&A) activity plummet. From $3.9 trillion in global takeovers in 2019, announced deals plunged 51% in the first quarter in the US according to Refinitiv. Uncertainties in the business and capital markets have led to buyers delaying or cutting back on their acquisition plans. But with crisis comes opportunity. Those able to navigate the new risk landscape may find compelling deals on the other side of the pandemic. Now more than ever, expert help with strategic planning, modelling out “what if” scenarios when the world frees up from lockdown, and preparing better for post-acquisition merger integration can help owners succeed in acquiring or being acquired.

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RED Team Members Publish Book On Interim Leadership

RED Team Members Publish Book On Interim Leadership

Congratulations to InterimExecs RED Team members Damon Neth, Bill Mince, and Jim Treleaven on the publishing of their new book, X-Formation. Damon, Bill and Jim made a conversation we had a few years back into a reality, combining their expertise to create the comprehensive book on the unique makeup of interim leaders and how they transform companies and bring incredible results to organizations worldwide.

The InterimExecs team added insights on finding, assessing, and engaging interim executives, drawing from years of matching companies with interim leadership. Check out X-Formation on Amazon here: http://a.co/3S42UdS!

Why Project Management Fails and 10 Ways a CEO Can Fix It

Why Project Management Fails and 10 Ways a CEO Can Fix It

Despite a plethora of project management software tools and project management certification programs and project management training, protocols and methodologies, there is not always project management success. Schedules slip, costs balloon, plans derail.

Cynical observers of the project management process suggest these stages of a project:

  • Euphoria
  • Disillusionment
  • Panic
  • Search for the guilty
  • Punishment of the innocent
  • Reward for the non-participants

Or so says William (Bill) Mince, InterimExecs RED Team member and Chief Operating Officer at iMedrix, the California-based maker of a mobile clinical-grade ECG device that connects to remote physicians in real time. Since his first job at 3M in the 70s, Mince has built a career focused on project management.

His passion is trying to improve the project management process across organizations. He’s even writing a book about it. Project Leadership: An Executive Handbook for Project Management Success is to be published in the fall of 2021.

He offers these 10 steps CEOs can take to help ensure the success of project management in their organizations.

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