Derek Ross
Winchester,MA
Summary
An accomplished senior healthcare executive with vast experience in leading large and small organizations through various stages of growth, transformation, and financial maturity. A well-respected leader known for being interactive, motivational, and having a hands-on management style. Strong entrepreneurial skillset, self-motivated, and a track record of driving positive organizational change, improvement, and turn-around success. In-depth experience and expertise in all phases of mergers and acquisitions activities. Passionate about contributing to improving the overall healthcare journey and experience.
Overview
29
29
years of professional experience
Work History
Chief Operations Officer
The Gerson Company
06.2022 - Current
- Run the day-to-day operations of a 20M+ revenue global health and safety company, managing operations in the US and APAC.
- Driving force behind business-wide changes to modernize operational procedures, processes, and organization design improving productivity and quality performance.
- Developed innovative go-to-market strategies to facilitate future business expansion. (i.e., Healthcare sector and direct-to-consumer). Closed several large strategic deals. (government & private).
SVP Business Leader Aging and Caregiving
Philips Electronics
01.2020 - 06.2021
- CEO for Lifeline and Senior Living Business
- Led organization of 850+ employees across the US and Canada with full P&L responsibility.
- Devised and executed processes and initiatives to boost long-term growth and increase profit performance. The largest growth segment being Medicare Advantage populations.
- Launched an integrated managed service solution incorporating enabling platforms, devices, services, and digital assets.
- Drove the sale of the company to a strategic private equity group.
SVP, Business Group Leader for Population Health
Philips Electronics
06.2017 - 12.2020
- CEO of Philips' Population Health Business Group
- Led global organization with 400m+ sales and over 1,800+ employees with full P&L responsibility.
- The company's business portfolio comprised assets in advanced analytics, care coordination, patient engagement, and patient outcome management.
- Maintained consistent growth in revenue, contribution margin, operating profit, and EBITDA.
- Drove devolvement, integration, restructuring, and turnaround efforts, significantly improving profitability and operational efficiency.
- Integrated the acquisitions of Wellcentive(US) and VitalHealth(NL).
VP, Finance
Philips Electronics
01.2014 - 06.2017
- CFO for Philips' Healthcare, Informatics Solutions & Services.
- Revenues of $750M+ across a portfolio of mature and early-stage growth businesses.
- Managed global finance and operations teams (NA, Europe, Latin America, and Asia).
- Drove and executed business and market strategies, M&A activities, and change management for software and managed-service solutions.
Senior Controller, Patient Monitoring
Philips Electronics
05.2011 - 12.2014
- Head of Finance for Business Unit, Emerging Market and Value Segment Monitoring
- Directed reorganization and restructuring of the business, improving operational and financial performance. The business unit achieved 10%+ growth and returned to profitability.
- Managed global finance teams in US, Brazil, and China
Senior Controller, Healthcare Imaging Informatics
Philips Electronics
08.2008 - 05.2011
- Head of Finance and Operations for global Patient Archiving and Communication System(PACS) and Radiology Information Solutions(RIS).
- Led M&A and integration activities for Wheb Sistemas(EMR), Tecsco, and Dixial Biomedica.
- Returned business to profitability and positive cash flow.
Lead Integration Manager
Philips Electronics
08.2007 - 08.2008
- Finance and operational leader of the integration of Invivo Monitoring.
- Moved operation and supply chain activities while still achieving financial targets and operational performance metrics.
Assistant Controller, Global Patient Monitoring
Philips Electronics
04.2005 - 08.2007
Head of Healthcare Financial Planning and Analysis
Philips Electronics
02.2003 - 04.2005
Healthcare Financial Analyst
HP/Agilent/Philips Electronics
06.2000 - 02.2003
Fixed Income Trader/Analyst
Neuberger Berman
06.1994 - 05.1999
Education
MBA - Accounting And Finance
F.W. Olin Graduate School of Business At Babson
Wellesley, MA05.2000
Bachelor of Science - Accounting And Information Systems
Babson College
Wellesley, MA05.1994
Skills
- Executive Leadership
- Complex Problem Solving
- Strategic Planning and Execution
- Change and Growth Management
- Financial Management
- Business Development
- Relationship and Team Building
- Cross-Functional Collaboration
- Integration and Reorganization expertise
Affiliations
Board Member for leading telemedicine company Amwell (NYSE- AMWL) - 2018 to present
- Audit Committee Member
Finance Committee and Capital Planning Member, Town of Winchester, MA
Additional Information
- Fitness and preventive health
- Mentoring and coaching
Timeline
Chief Operations Officer
The Gerson Company
06.2022 - Current
SVP Business Leader Aging and Caregiving
Philips Electronics
01.2020 - 06.2021
SVP, Business Group Leader for Population Health
Philips Electronics
06.2017 - 12.2020
VP, Finance
Philips Electronics
01.2014 - 06.2017
Senior Controller, Patient Monitoring
Philips Electronics
05.2011 - 12.2014
Senior Controller, Healthcare Imaging Informatics
Philips Electronics
08.2008 - 05.2011
Lead Integration Manager
Philips Electronics
08.2007 - 08.2008
Assistant Controller, Global Patient Monitoring
Philips Electronics
04.2005 - 08.2007
Head of Healthcare Financial Planning and Analysis
Philips Electronics
02.2003 - 04.2005
Healthcare Financial Analyst
HP/Agilent/Philips Electronics
06.2000 - 02.2003
Fixed Income Trader/Analyst
Neuberger Berman
06.1994 - 05.1999
MBA - Accounting And Finance
F.W. Olin Graduate School of Business At Babson
Bachelor of Science - Accounting And Information Systems
Babson College