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Chief Revenue Officer/Sales Director

Who is CorDx?  
 

CorDx a multi-national biotech organization focused on pushing the limits of innovation and supply in global health. With over 2,100 employees across the world, serving millions of users in over 100 countries, CorDx delivers rapid testing and point-of-care medical device solutions used in the detection of infectious disease such as COVID-19, pregnancy, drugs of abuse, biomarkers, and more. CorDx is at the cutting edge of technology, artificial intelligence, and data science with the goal of delivering diagnostic solutions to some of the most critical questions in healthcare.  

Position: Chief Revenue Officer
Location: San Diego California
Position Type: 5 days Onsite Exempt Position

Salary Range: $100,000-$200,000

Job Summary:

We are seeking a dynamic and highly skilled Chief Revenue Officer (CRO) to join our leadership team in the rapidly growing In Vitro Diagnostics (IVD) sector. The CRO will be responsible for driving the company’s revenue growth strategy, overseeing all revenue-generating functions, and leading the development and execution of sales, marketing, customer success, and business development strategies. This individual will work closely with cross-functional teams to expand market share, optimize sales operations, and achieve revenue targets while maintaining a strong focus on customer relationships and long-term business sustainability.

Key Responsibilities:

  • Revenue Strategy Development:
    • Define and execute a comprehensive revenue growth strategy in alignment with the company’s goals and vision within the IVD sector.
    • Identify new revenue opportunities, including partnerships, licensing agreements, and innovative sales models to drive growth.
  • Sales Leadership & Execution:
    • Lead the global sales team and ensure that sales objectives, KPIs, and quotas are met or exceeded.
    • Develop and implement effective sales strategies for IVD products and services, ensuring that the sales team is fully aligned with corporate objectives.
    • Foster relationships with key stakeholders, including healthcare providers, distributors, and regulatory bodies.
  • Marketing & Brand Positioning:
    • Collaborate with the marketing team to develop strategies for product positioning, branding, and demand generation specific to the IVD industry.
    • Oversee the development of marketing campaigns that support product launches, market expansion, and customer acquisition.
  • Customer Success & Retention:
    • Drive initiatives that ensure high customer satisfaction and retention, including managing customer success teams and ensuring a seamless customer experience from acquisition to support.
    • Leverage customer feedback to optimize product offerings and ensure market needs are addressed.
  • Cross-Functional Collaboration:
    • Work closely with product development, R&D, regulatory, and operations teams to ensure the successful launch and delivery of IVD products and services.
    • Lead collaboration across departments to drive alignment on revenue goals, customer needs, and market trends.
  • Market Expansion & Partnerships:
    • Lead efforts to enter new markets, including international regions, and develop strategic partnerships with healthcare organizations, distributors, and other key stakeholders.
    • Oversee contract negotiations, deal structures, and partnerships to maximize long-term revenue potential.
  • Financial & P&L Management:
    • Own the company’s revenue forecast and P&L for the sales and marketing functions.
    • Monitor and optimize revenue growth, ensuring cost-effectiveness, margin protection, and overall profitability.
  • Data-Driven Decision Making:
    • Utilize analytics to track revenue performance and provide insights for strategic decision-making, ensuring revenue goals are met.
    • Analyze sales trends, market conditions, and customer data to drive informed decision-making.

  • Education:
    • Bachelor's degree in Business, Life Sciences, Biotechnology, or related field (Master's or MBA preferred).
  • Experience:
    • Minimum of 10 years of experience in sales, marketing, and business development roles within the biotechnology or life sciences industry.
    • At least 5 years in a senior leadership position, with experience in revenue generation, sales, marketing, and cross-functional team management.
    • Experience in the IVD (In Vitro Diagnostics) industry is highly preferred, with a deep understanding of IVD market dynamics, regulations, and customer needs.
  • Skills & Expertise:
    • Proven track record of successfully growing revenue in a competitive industry, particularly in the biotech, IVD, or medical device fields.
    • Strong leadership abilities with the ability to inspire and manage high-performing teams.
    • Exceptional communication, negotiation, and interpersonal skills.
    • Data-driven mindset with expertise in leveraging sales analytics and CRM tools.
    • Strong understanding of the regulatory landscape affecting the IVD market and how to navigate it.
    • 10 year work experience
    • More than 5 years team management experience;
    • Manage team subordinates more than 21.
    • The average job tenure is 30 months.
    • Less 7 companies, no consulting experience
    • Relationships matter! Candidates need to have a deep understanding of the IVD industry and connections to break the glass ceiling in place with our industry.
  • Industry Expertise and Knowledge: Candidates should have deep expertise in the IVD industry, with strong relationships and the ability to break through industry barriers.
  • Strategy/Vision: Candidates should possess a high-level view of the current market landscape and demonstrate the ability to pivot the company towards growth through mergers and acquisitions, R&D, and organizational optimization.

  • Medical Insurance Plan
  • Retirement Plan
  • Paid Time Off
  • Training & Development
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Average salary estimate

$150000 / YEARLY (est.)
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$100000K
$200000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Chief Revenue Officer/Sales Director, Cordx

Join CorDx as the Chief Revenue Officer (CRO) and be at the forefront of innovation in the biotechnology sector! With over 2,100 employees worldwide, CorDx specializes in delivering cutting-edge diagnostic solutions, enhancing health outcomes globally. This role is pivotal for driving our revenue growth strategy in the rapidly evolving In Vitro Diagnostics (IVD) realm. As the CRO, you'll lead a dynamic global sales team, working collaboratively to meet and exceed ambitious sales objectives. Your focus will be on establishing robust revenue strategies, optimizing sales operations, and nurturing long-term client relationships. You’ll spearhead initiatives to carve out new revenue opportunities while closely aligning with our marketing team to amplify our brand positioning in the IVD space. Your insights will shape our customer retention and success strategies, enhancing overall satisfaction and ensuring our offerings meet market demands. To thrive in this role, your background in sales, marketing, and business development within biotech or life sciences, particularly in the IVD sector, is crucial. Exceptional leadership and communication skills are necessary to inspire your team and build strategic partnerships. Come make a meaningful difference with CorDx, where your expertise will directly impact healthcare innovation!

Frequently Asked Questions (FAQs) for Chief Revenue Officer/Sales Director Role at Cordx
What are the responsibilities of the Chief Revenue Officer at CorDx?

The Chief Revenue Officer at CorDx will be responsible for creating and executing the revenue growth strategy aligned with the company's goals. This includes leading a global sales team, developing effective sales strategies for IVD products, and collaborating with the marketing team on brand positioning and demand generation. The CRO will also focus on customer success initiatives to enhance client satisfaction and retention while overseeing financial and P&L management for sales operations.

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What qualifications are required for the Chief Revenue Officer position at CorDx?

Candidates for the Chief Revenue Officer role at CorDx should possess a Bachelor's degree in Business, Life Sciences, Biotechnology, or a related field, with a Master's or MBA preferred. Additionally, a minimum of 10 years' experience in sales, marketing, and business development within the biotechnology or life sciences industry is essential, along with at least 5 years in a senior leadership capacity focusing on revenue generation.

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How does the Chief Revenue Officer contribute to market expansion at CorDx?

The Chief Revenue Officer plays a vital role in leading market expansion efforts at CorDx by identifying new revenue opportunities, entering new markets, and developing strategic partnerships with healthcare organizations and distributors. The CRO is responsible for managing contract negotiations and deal structures, ensuring the company maximizes long-term revenue potential and adapts to the changing landscape of the IVD industry.

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What skills are essential for success as the Chief Revenue Officer at CorDx?

To succeed as the Chief Revenue Officer at CorDx, candidates must have a proven track record of revenue growth in competitive fields, particularly in biotech and IVD. Exceptional leadership and interpersonal skills are crucial for managing high-performing teams and building relationships. Additionally, a data-driven mindset, familiarity with sales analytics, and a strong understanding of the regulatory landscape impacting IVD are vital for effective decision-making.

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What benefits can the Chief Revenue Officer expect while working at CorDx?

The Chief Revenue Officer at CorDx will enjoy a comprehensive benefits package that includes medical insurance, retirement plans, paid time off, and opportunities for training and development. These benefits are designed to promote both professional growth and personal well-being, reflecting CorDx's commitment to its employees.

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Common Interview Questions for Chief Revenue Officer/Sales Director
Can you describe your experience leading a sales team in the biotechnology industry?

When answering this question, it's important to highlight specific achievements and metrics that demonstrate your ability to lead effectively. Discuss any sales goals you've surpassed and how you inspired your team to achieve collective objectives, emphasizing your communication style and leadership techniques.

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What strategies would you implement to drive revenue growth for CorDx?

To effectively answer this, outline both short-term and long-term strategies you've used in the past. Be sure to discuss market analysis, customer feedback systems, and innovative sales models that you've employed to seize new revenue opportunities, aligning them with CorDx's mission.

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How do you ensure alignment between sales and marketing teams?

Discuss specific tactics you've used to foster collaboration, such as regular joint meetings or shared metrics for success. Highlight examples from your past where aligning these teams led to successful product launches or enhanced customer engagement, showcasing your communication skills.

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What role does data play in your decision-making process?

Explain your approach to leveraging data by providing examples. Discuss the types of analytics you rely on to inform strategic decisions, such as market trends or customer preferences, and how this data-driven approach leads to effective outcomes in your previous roles.

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Can you share an example of how you've successfully entered a new market?

When sharing your example, detail the steps you took to understand the new market, address any challenges, and the strategies implemented to establish a foothold. Emphasize metrics that demonstrate the successful outcomes or revenue generated through your efforts.

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How do you manage relationships with key stakeholders in the industry?

Emphasize your interpersonal skills and the importance of building trust. Provide specific instances where maintaining strong relationships with stakeholders, such as healthcare providers or regulatory bodies, enhanced business outcomes or provided valuable insights.

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What challenges do you foresee in leading revenue growth at CorDx?

Address potential challenges, such as market competition or regulatory changes, and demonstrate your proactive mindset. Discuss how you would implement strategic solutions to overcome these challenges, indicating your ability to think critically and adapt quickly.

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How would you define success in this role as Chief Revenue Officer?

Define success in terms of achieving specific revenue targets, maintaining strong customer relationships, and fostering a collaborative team environment. Discuss how regular performance metrics and feedback loops create a culture of continuous improvement.

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What is your approach to customer success and retention?

Discuss your philosophy on customer success, including how you prioritize understanding customer needs and feedback. Provide examples of initiatives you've implemented to enhance customer experience and retention in previous roles.

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How do you stay updated on trends in the IVD industry?

Mention the various resources you utilize, such as industry publications, conferences, and networking within the field. Discuss your commitment to ongoing learning and how staying informed influences your strategic decisions and the company’s growth.

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CorDx’s foremost mission is to develop, manufacture, and distribute reliable, affordable diagnostic products that protect health and save lives

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Full-time, on-site
DATE POSTED
March 30, 2025

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