Jim Cornett

Vice President of Sales, Audiological Care Us @Sonova Group

Chicago, IL, US
MOBILE NUMBERS
+91 *********19

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WORK HISTORY

Apr 2023 — Present

Vice President of Sales, Audiological Care Us @Sonova Group

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US

Leadership: Oversee 440 Audiology and Hearing Aid clinics, driving business growth through strategic direction and operational oversight. Lead comprehensive M&A activities to expand business size, integrate acquired entities and ensure seamless transitions. Manage board presentations and monthly business reviews, including M&A whitepaper presentations. Selected as Interim Managing Director during the pandemic, successfully navigating the challenges and doubling the clinic footprint. Operations & Business Development: Launch national pricing initiative as Kaizen Process Owner, increasing the average price per device significantly. Direct the global brand launch to consolidate 30+ brands. Manage real-estate portfolio strategy and operational expansion. Create and lead an Emergency Response Team during the COVID-19 pandemic. Spearhead launch of two World of Hearing locations in Los Angeles, pioneering new customer-centric concepts. • Doubled business size within four years by leading comprehensive M&A activities, significantly increasing market presence. • Expanded operations from 180 to 441 clinic locations with strategic management of company real-estate portfolio. • Achieved $5M increase in revenue through national pricing initiative, using data to adjust price to over $100 per device. • Directed consolidation of over 30 brands to a unified single brand with successful global brand launch, enhancing market presence and consumer recognition. • Spearheaded the launch of two World of Hearing locations in Los Angeles, pioneering new customer-centric concepts that set industry standards. • Honored the 2022 Global HearMe Award and the 2023 Global We Care Award for exemplary leadership.

EDUCATION

N/A

University of Kentucky

Biology/Chemistry

SKILLS

Organizational DevelopmentPP&LSalesManagementTeam BuildingRetail MarketingMerchandisingPersonnel ManagementMedical DevicesProfitP&L ManagementStore ManagementMarketingLeadershipForecastingStrategic PlanningSales OperationsIncome StatementCustomer ServiceSales ManagementOperations ManagementCross-Functional Team LeadershipMarketing StrategyLoss PreventionBusiness AcquisitionCorporate Real EstateInventory ManagementInventory Control

ABOUT JIM CORNETT

15+ Years’ Progressive Sales and Operations Leadership Experience Expert in Data-Driven Strategies to Generate Exceptional ROI. Operational Excellence in Retail, Private Equity, Healthcare, and Medical Products. RECENT WINS: Grew retail network 900%(from 30 to 300 clinics) Increased annual revenue from $5M to over $75M Improved lead conversions 38%(from 48% to 86%) Managed M&A of major competitor and streamlining operations of 60 stores, leading to 30% increase in profits. AS A SENIOR EXECUTIVE with nearly 20 years of progressive leadership, strategic planning, and growth empowerment expertise, I pride myself on a successful track record of consistent profit enhancement, operational expansion, improved EBITDA, and effective P&L management. Though my experience in health and wellness products (optical and hearing aids) is diverse, the key areas where I add value include: LEADERSHIP: Whether recruiting and mentoring talent, directing programs and project teams or developing sound management strategy at the enterprise level, I seek to inspire and empower others and build cultures of accountability, trust and efficiency. SALES AND MARKETING: Much of my recent work has involved design and implementation of initiatives which propel growth, drive revenues and improve profit margins. My strengths in this area have allowed me to achieve consistent success with dominant brands including GN Hearing Beltone and Pearle Vision / Luxottica. OPERATIONAL EXCELLENCE: To ensure success, I leverage data, business insights, technology and my industry reputation to capitalize on opportunities and execute effective strategies. This has served me well while leading operations and initiatives relating to retail operations, M&A and private equity, supply chain optimization, and growth planning.I am open to professional networking. Feel free to connect and message me via LinkedIn.

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