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Profile
A results-oriented executive whose passion is leading energetic, client-
centric company transformations. Experience growing data-driven
biomedical and health care services companies.
Experience
PRESIDENT, CNS RESPONSE INC. (NASDAQ OTC:BB - CNSO) COSTA MESA, CA 2007 - PRESENT
Breakthrough biomarker solution for psychotropic drugs
Leading commercialization of the company’s patented referenced-EEG® technology, the first predictive lab test for
psychiatric medications. Assembled superb team of managers, experts and influentials to launch a game-breaking
solution for treatment resistant mental disorders -- a major unmet clinical need. Managing commercial operations
including managed care/research clinic, reference lab), physician network and payer clients.
PRESIDENT, WORKWELL SYSTEMS, INC. ALISO VIEJO, CA! ! 2002 – 2007
National physical medicine startup
Turned around venture-backed “web” startup, from negligible revenues and $4 million ‘burn rate’ to $9 million
annual revenues, 54% gross margin, and strong EBITDA. Repositioned provider network and technology
platform to support health testing for large employers, delivering significant savings for clients. Won 2004
Innovation in Healthcare Award from ABL Organization for novel restaging of company.
CHAIRMAN & CEO, CORE, INC. (NASDAQ: CORE) IRVINE, CA 1990 – 2002
Leader in integrated health & productivity management
Led management buyout of struggling Baxter division, becoming a market leader in integrated health &
productivity management. Grew from $5.5 million to over $70 million in annual revenue, with 600 professionals
servicing over 1.8 million employees.
• Drove 38% annual revenue growth over the last five years, increasing EBITDA four-fold
• Managed sales team that developed 85 Fortune 500 and insurance carrier clients
• Awarded “best practice” designations and strategic partnerships with General Electric, Motorola. CS First Boston analyst said: “One could argue he’s created an industry.”
• OC finalist for Ernst & Young Entrepreneur of the Year Award, 1998
• Led key financing transactions, including venture round, acquisition of public company (S-4), and public secondary
• Increased market value 100x from LBO to acquisition by Fortis, Inc., a European insurance carrier
VICE PRESIDENT - OPERATIONS, BAXTER INTERNATIONAL (NYSE: BAX) DEERFIELD, IL 1984 – 1990
Global healthcare products
Progressed through positions in reimbursement, corporate strategic planning, and business development
(primarily medical device projects). Developed managed care operations in Puerto Rico and U.S.
SALES, SENIOR SYSTEMS CONSULTANT, INLAND STEEL COMPANY CHICAGO, IL 1980 – 1984Integrated steel producer
Led information systems projects in core steel operations. Developed novel ingot tracking approach to save
$300 million annually. Promoted through Operations, Sales and Marketing positions.
Education
MBA, University of Chicago, concentrations in Marketing & Finance 1985
BA, Dartmouth College, with Distinction in Policy Studies/International Law 1980
2 shelter cove laguna niguel, CA 92677 T: !949" 697#2161 Email: [email protected]
George C. Carpenter IV
Prior to CNS Response Inc., George ran WorkWell Systems, a national physical medicine firm managing occupational health testing programs for Fortune 500 employers. From 1990 to 2001, George served as Chairman and CEO of CORE, Inc., (Nasdaq: CORE) after leading the management buyout of this division of Baxter Healthcare. CORE was a pioneer in workforce health care management and analytics, establishing a record for clinical software innovation and talent development that, in the words of one Wall Street analyst, "created an industry". CORE was acquired in 2001 by Assurant Inc.
Prior to founding CORE, George was a Vice President of Operations with Baxter Healthcare, served as a Director of Business Development and as strategic planner for Baxter’s alternate site businesses. His career began at Inland Steel in manufacturing process control and Sales.
George serves on a variety of biomedical advisory and fiduciary boards, and is a frequent speaker and writer on healthcare technology and financing issues. He earned his MBA in Finance from the University of Chicago and a BA with Distinction in Policy & International Law from Dartmouth College. George and his family live in Laguna Niguel, CA.
Profile
A results-oriented executive whose passion is leading energetic, client-
centric company transformations. Experience growing data-driven
biomedical and health care services companies.
Experience
PRESIDENT, CNS RESPONSE INC. (NASDAQ OTC:BB - CNSO) COSTA MESA, CA 2007 - PRESENT
Breakthrough biomarker solution for psychotropic drugs
Leading commercialization of the company’s patented referenced-EEG® technology, the first predictive lab test for
psychiatric medications. Assembled superb team of managers, experts and influentials to launch a game-breaking
solution for treatment resistant mental disorders -- a major unmet clinical need. Managing commercial operations
including managed care/research clinic, reference lab), physician network and payer clients.
PRESIDENT, WORKWELL SYSTEMS, INC. ALISO VIEJO, CA! ! 2002 – 2007
National physical medicine startup
Turned around venture-backed “web” startup, from negligible revenues and $4 million ‘burn rate’ to $9 million
annual revenues, 54% gross margin, and strong EBITDA. Repositioned provider network and technology
platform to support health testing for large employers, delivering significant savings for clients. Won 2004
Innovation in Healthcare Award from ABL Organization for novel restaging of company.
CHAIRMAN & CEO, CORE, INC. (NASDAQ: CORE) IRVINE, CA 1990 – 2002
Leader in integrated health & productivity management
Led management buyout of struggling Baxter division, becoming a market leader in integrated health &
productivity management. Grew from $5.5 million to over $70 million in annual revenue, with 600 professionals
servicing over 1.8 million employees.
• Drove 38% annual revenue growth over the last five years, increasing EBITDA four-fold
• Managed sales team that developed 85 Fortune 500 and insurance carrier clients
• Awarded “best practice” designations and strategic partnerships with General Electric, Motorola. CS First Boston analyst said: “One could argue he’s created an industry.”
• OC finalist for Ernst & Young Entrepreneur of the Year Award, 1998
• Led key financing transactions, including venture round, acquisition of public company (S-4), and public secondary
• Increased market value 100x from LBO to acquisition by Fortis, Inc., a European insurance carrier
VICE PRESIDENT - OPERATIONS, BAXTER INTERNATIONAL (NYSE: BAX) DEERFIELD, IL 1984 – 1990
Global healthcare products
Progressed through positions in reimbursement, corporate strategic planning, and business development
(primarily medical device projects). Developed managed care operations in Puerto Rico and U.S.
SALES, SENIOR SYSTEMS CONSULTANT, INLAND STEEL COMPANY CHICAGO, IL 1980 – 1984Integrated steel producer
Led information systems projects in core steel operations. Developed novel ingot tracking approach to save
$300 million annually. Promoted through Operations, Sales and Marketing positions.
Education
MBA, University of Chicago, concentrations in Marketing & Finance 1985
BA, Dartmouth College, with Distinction in Policy Studies/International Law 1980
2 shelter cove laguna niguel, CA 92677 T: !949" 697#2161 Email: [email protected]
George C. Carpenter IVGeorge C. Carpenter IV CEO, CNS Response Inc.
A results-oriented biomedical executive with a passion for leading high growth and turnaround companies, George’s focus is bringing new technology and business processes to under-served markets. As CEO of CNS Response, Inc., (CNSO:OB) George is leading the commercialization of the company’s patented PEER® technology for psychotropic medication management. CNS Response is the first biomarker solution for providers in behavioral medicine.