Winners win. Losers bash. Mr. Geruson’s experience spans CEO roles at Lexmark, Phoenix Technologies and VoiceSignal Technologies, and Senior Vice President and executive positions at Nokia, IBM, Toshiba, and McKinsey & Co.
As CEO of Lexmark, a multibillion-dollar imaging technology and solutions company with 10,000 employees, he grew device sales faster than at any time in the previous 10 years while simultaneously executing extensive process reengineering, transforming the business from negative EBITDA and high debt to a positive $303 million EBITDA and a healthy debt profile.
As CEO of Phoenix Technologies, he achieved consistently high EBITDA (20%-25%) year-over-year for six years straight in the company’s business of firmware and software for PCs, tablets, and embedded internet of things (IoT) devices.
As CEO of VoiceSignal Technologies, he pioneered voice recognition software for mobile phones, resulting in an increase in shareholder value of over 10-fold and culminating in the sale of the company for 12 times its revenue.
As Senior Vice President at Nokia, he propelled the mobile phone business from fifth-place market share to first-place in the US, and first-place in the world for the first time in its history, growing the business almost tenfold to $6.5 billion, and catapulting the stock price to more than a sevenfold increase in less than three years.
As one of the youngest VP/GMs in IBM’s history, he grew IBM’s networking business by launching indirect distribution channels worldwide expanding sales over 50%.
As a VP at Toshiba, he realigned product design propelling the notebook computer business from fifth-place to the number one share position.
He served on 26 public and private boards (and 34 advisory boards) across three continents and completed three graduate programs at Oxford University, including a D.Phil. in economics. While on the research faculty at Harvard Business School, he wrote A Theory of Market Strategy, a book used by business schools.