Executive Vice President - Select
Consulting Group
At Select Consulting Group, LLC, Bob leverages his considerable
business acumen by providing strategic and operating leadership
to our business clients who are seeking transition and
succession planning.
Bob’s 40-year business career includes serving as President,
Chief Financial Officer and Chief Operating Officer of start-up,
emerging growth, family-owned and private companies in the
healthcare, manufacturing, distribution, and e-commerce
segments.
He is a change-driven, seasoned healthcare executive with a
powerful dual-track career in finance, accounting, and
information systems combined with sales, marketing, and
operations. Bob is a financial and operations executive who has
created high-performance integrated finance organizations with
internal controls, analytics, reporting, and accountabilities
focused on achieving and supporting rapid, profitable growth of
the company’s operations as a whole. He has demonstrated an
ability to reduce costs, improve efficiency, and increase
profits while serving in both operating and finance roles. Bob
is a strong communicator across departments, problem solver,
team builder, business driver, and negotiator.
Professional Experience
and Successes include:
At Select Portfolio Management, Inc., Carin plays the central
role in assuring compliance with all federal and state
securities laws as well as all industry rules and regulations.
Drawing on over 40 years of experience in the financial services
industry, she leads a team dedicated to providing the highest
level of service for our clients. Carin is committed to
advancing the firm's Bob Bancroft as Controller, Vice President
of Finance and Chief Financial Officer at Zee Medical, a $110
million subsidiary of McKesson, led major financial, operations
and information systems implementations as well as key
acquisitions of highly profitable businesses resulting in Zee
Medical becoming the second most profitable business unit of
McKesson’s large conglomeration of companies..
As Chief Financial Officer and Chief Operating Officer of Walsh
Healthcare Solutions, he managed a 79 percent hyper-growth in
sales and support systems of a $1.1 billion wholesale drug
company in just 18 months while simultaneously negotiating a
$135 million line-of-credit with seven major banks to sustain
growth. He built and implemented a high-performance financial
organization throughout the entire company including customer
profitability analysis, cash management, internal controls,
analytics, reporting, and management accountability.
As President and Chief Operating Officer of MedicineNet, he
drove the start-up e-commerce healthcare company from negative
cash-flow to a highly profitable “dot.com” through exponential
growth in internet traffic by marketing and search engine
optimizing its vast healthcare content. The hyper-growth in
revenues plus incredibly scalable profit margins lead to the
sale of the company to WebMD for 41 times earnings. Dramatic
growth continued in the first year of integration with WebMD,
leading to a second payoff to investors plus participation in
WebMD’s IPO.
Education
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MBA - University of Southern California Marshall School of
Business, Los Angeles, California
˘
CPA - PricewaterhouseCoopers, State of California
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BS - University of Southern California, Los Angeles, California
˘
United States Naval Officer including two sea tours on combat
ships in the Western Pacific
Contact Bob at:
˘
120 Vantis Drive. – Suite 440, Aliso Viejo, CA, 92656
˘
TEL: (800) 445-9822 /
(949) 975-7900
˘
EMAIL:
robert.bancroft.scg@outlook.com