ROGER M. SLOTKIN
cell: 516-527-5420 / rogerhybrid@gmail.com

senior executive & consultant
Specializing in business formation, acquisition and turnaround management

Dynamic reengineering leader and catalyst focused on company viability and market expansion. Proven track record of success in corporate turnaround situations including bankruptcy/bankruptcy avoidance, spin-offs and M&A restructuring. Combines entrepreneurial drive with razor-sharp business acumen and a tenacious commitment to accomplishing business goals. Proven ability to quickly assess the current situation and develop comprehensive strategies to address issues and capitalize on opportunities.

Areas of Excellence Include

PROFESSIONAL EXPERIENCE

RS MANAGEMENT, LTD  2003– Present
CHIEF EXECUTIVE OFFICER
Recent Events
2007 - Sept.- Consultant to the Mexico City vehicle conversion and electrification program and Plug-In hybrid bus initiative
2007 - October -  Co-Founder of the CLEVER Institute- (Clean Vehicle Research) a not for profit based initially in Tampa Florida – with a mission to put fully plug-in electric car conversions on the U.S. Roads
2007- Present- Acting CEO of Healthy People Products-  A Long Island based candy and health related consumables targeted at diabetes,  healthy lifestyles, etc – marketing to a broad domestic and international market
 
ODYNE CORPORATION   July 2003– September 2007
CHAIRMAN AND CEO
Odyne Corp. (ODYC.BB) a developer and manufacturer of advanced plug-in hybrid powertrains for class 6,7 and 8 buses and trucks is a leader in this rapidly developing field of “alt- fuel” vehicles.   As part of the team of founders -  was a driving force in taking the company public (through a reverse merger) in October of 2006. Speaking on behalf of both the company and the industry – Slotkin became one of a few national spokesman encouraging the utility industry- municipalities and private fleet owners to convert existing vehicles and purchase new PHEV powered buses and trucks.   Slotkin was instrumental in creating strategic partnerships with ENERSYS Battery,  BOSCH- RexRoth Motors,  Creative Bus Sales,  DUECO Aerial trucks and others.  Slotkin headed the team that took Odyne public in October of 2006 trading on the NASDAQ symbol ODYC.BB

3G ULTRASOUND - NEW JERSEY   July 2005– April 2006
CHIEF EXECUTIVE OFFICER
3G Ultrasound has developed the first FDA approved Ultrasound System which uses SimulView Stereotactic Ultrasound Imaging for Pinpoint Targeting of Needle or catheter placement in tumors. Our SimulView Technology will assure a new era in the way tumors are treated during the following procedures: Brachytheraphy, Cryosurgery, Radio Frequency Ablation and other Therapeutic Delivery. All these procedures are currently being used or will be used in the treatment of Cancer in the Breast, Prostate, Kidney and Liver etc.
 
THE BEACHHEAD GROUP, LLC 2001 – 2006
Managing Partner
Co-founded and currently manage this consultancy which specializes in corporate turnarounds, investment banking, start-up & interim management, pre-bankruptcy /bankruptcy avoidance, liquidations, and mergers& acquisitions.

Selected Highlights:

Refocused and restructured the Odyne Corporation as interim CEO and Director
(2002 – Present)
Brought in to take this ‘power and control’ electronics company to the next level. The company’s core technology had been in development for almost seven years, but the founders had been unable to being products to market. Refocused the organization and brought the product to launch within two years.

• Increased the value of the company from $0 to a projected value of $5 million within two years, and $10 million in future years.
• Led the development of a new cost-effective product strategy, including building strategic international OEM partnerships and leveraging the core technology for expansion into other markets.
• Raised an additional $1 million in funding from a combination of private investors and grants.
• Completed fast and comprehensive due diligence and restructured a major deal in order to keep overhead at a manageable rate.
• Developed comprehensive sales and marketing strategy and secured several major municipal sales in advance of product launch.
• Took the company public through a reverse merger in October of 2006 raising nearly $6mm.

Re-engineered and redirected Nextek Systems Power, Inc. as Chief Operating Officer and President
 (2002 – 2004)
Recruited by Chairman of the Board to salvage this troubled company. Rapidly assessed the issues and developed a comprehensive strategy for both short and long-term success.

• Restructured the company, brought in new management, took inventory write-offs and reduced SG&A by 60% in order to bring costs in line.
• Focused the organization on core competencies of product development, marketing and deployment. Outsourced all manufacturing to reduce costs and improve quality.
• Rebuilt damaged relationships with vendors, customers and power agencies, and obtained an additional $760,000 in critical grant funding. 
• Led several product redesigns, transitioning the company from low-level products to high-ticket items which permitted entry into new markets.

Acquired, funded and grew Xtal Technologies Ltd. as Chairman of the Board and Founder
 (1994 – 2001)
Negotiated a four-year contract to acquire the company and all its assets from GE and Ericsson.  Managed all finances, marketing, sales, operations and human resources for this 80-person company.

• Acquired all assets, including patents, for $200,000 and grew the company to $7.5 million in revenues with EBITDA of over $1 million within 18 months.  
• Expanded product offering to include contract manufacturing and assembly for OEM partners.
• Obtained $2.5 million in government financing to build a new, state-of-the-art manufacturing facility.
• Reduced direct labor costs by 55%, and enabled entry into international markets, by establishing an off-shore capability for complex “touch labor” manufacturing.

Led dramatic turnaround of under-performing Mexican manufacturing firm
(1991 – 1999)
Originally recruited as a turnaround specialist for this Mexican company which produced ‘printables’ for Sara Lee. Subsequently acquired the business in 1994.  

• Increased production by almost 300%, from 48,000 to 180,000 items per week.
• Delivered a 30% improvement in quality, ultimately attaining a rating of 98% quality rating.
• Brought company back to profitability within two years, generating a gross operating profit of 22%.
• Grew from 100 people to 600 people while maintaining a productive corporate culture with high employee morale.
• Handled challenging employee relations issues inherent in Mexican culture, including working with local government to reduce Monday-morning absenteeism from 40% to 20%.

Brought formerly bankrupt military & aerospace electronics company to profitability within 12 months
(1994 – 2001)
Founded and managed this manufacturer and designer of military, space level and commercial servo motor drive electronics and space station level contract manufacturing whose customers included Boeing, Lockheed Martin, Allied Signal and the United States Army.

• Acquired assets of the public company Algorex, Inc. through a chapter 7 bankruptcy proceeding and personally funded the company’s growth, bringing it to profitability within one year.
• Developed strategic product line plan and designed supporting marketing and sales program.

AP INDUSTRIES, INC. 1989 – 1994
Chairman of the board and CEO
Managed 10 operating companies for this privately-owned holding company funded with public debt.

• Acquired entire asset base and stock of company through an S-4 exchange offer and Chapter 11 bankruptcy.
• Arranged for $75 million in financing from GECC and liquidated all non-performing assets
• Litigated all action against prior owners, who had caused environmental problems, and negotiated settlements with federal and state environmental protection agencies.
• Transformed four operating entities from annual aggregated losses of over $75 million to profits in excess of $22 million.
• Increased sales of lumber firm from $25 to $75 million in only three years.

THE NBA GROUP, INC. 1983 – 1990
President, CEO and Founder
Conceived, founded and managed the largest third-party administrator of self-insurance health plans on Long Island.  Developed software, hired key personnel, and managed all sales and marketing.

• Designed and implemented the first self-insurance program for municipalities in New York State.
• Created division to handle catastrophic claims management for reinsurance companies

LSIS, INC.                                                                                                                                                          1979 – 1983
President and Founder
Self-Insurance administrator of health plans, disability and workers compensation. Developed the first self-insurance program for municipalities for workers compensation including New York State Association of Counties, Virginia and Maryland Association of Municipalities. Developed the first municipal workers compensation safety group for New York State.

EDUCATION

Bachelor of Science, Business Administration- Long Island University

Continuing education in risk management, finance, accounting, manufacturing systems.