Bryan Grummon
Bryan is a seasoned business and technology executive whose career has spanned thirty years of P&L responsibility, leadership of rapid growth and profitability through both adverse and fertile economic conditions, and broad experience in software, computers, telecommunications, and high-tech electronic components in both international and domestic markets.
Bryan remarkable track record includes successful service as President and CEO of six venture-funded startups, where he was often called upon to perform dramatic turnarounds. At ChiliSoft, Bryan repositioned the company to provide one of the first cross-platform development environments for Linux and eventually sold the company to Cobalt Networks (now part of Sun) for $110 million. At Gemstone Systems, Bryan led the company's strategic shift towards providing one of the industry's first Java application servers, increasing sales from $3 million to $30 million in five years and eventually the company to Brokat for $287 million. At Digital Sound, Bryan restructured the sales channel, rebalanced the organization, and refocused engineering. Within three years, Bryan had achieved profitability and led the company through an IPO with a $180 million market cap. At ITT PowerSystems, Bryan led the $70 million manufacturer of industrial electronic components through a turnaround during which he returned the company to profitability in less than a year and doubled sales and return-on-assets over four years.
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