Alan Kessman
With a strong financial background and a wealth
of experience in turnarounds and growth management, Mr.
Kessman’s expertise spans all phases of growing
and developing organizations. His industry focus has been
in telecommunications (equipment, software, services,
and network), healthcare and Internet e-commerce. Mr.
Kessman is currently leading Vion Pharmaceuticals, a biopharmaceutical
company focused on cancer drug discovery and development.
He is a Principal at PS Capital LLC. Additionally, on behalf of PS Capital, Mr. Kessman is the lead Director on the Board of Iris Wireless.
Formerly, Mr. Kessman was the founder, President and CEO
of ISOETEC Communications, Inc., a telecommunications
company delivering application specific software solutions
to small to mid-sized businesses. Within five years, ISOETEC
had achieved revenues of $100 million and $6 million in
net income, and became recognized as one of the fastest
growing companies in the US. ISOETEC later merged with
Vodavi Communications, which then acquired Contel Executone,
and the consolidated company became Executone Information
Systems, Inc. Mr. Kessman remained the President and CEO
of Executone Information Systems, where any of the businesses
losing money turned profitable, all the debt was paid
off early and the Company was de-leveraged,
resulting in a strong balance sheet.
Mr. Kessman, prior to Executone, was Vice President of
Rolm Corporation (later sold to IBM), responsible for
four operating subsidiaries covering the eastern United
States with revenues of approximately $300 million. Mr.
Kessman’s strategic planning for Rolm’s direct
sales operation drove the Company’s growth from
$30 million to $750 million.
Earlier in his career, Mr. Kessman served as Executive
Vice President and COO of Tele Resources. Mr. Kessman
re-organized and restructured Tele Resources, bringing
the company from an $8 million revenue base preparing
to file bankruptcy on the day he joined to over
$75 million in revenues.
Mr. Kessman received his BA from Lehigh University. |
