Ryan Banfield
VP of Commercialization at X2F- Claim this Profile
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Bio
Credentials
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Applied Marketing Strategies
Soomo LearningAug, 2021- Oct, 2024
Experience
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X2F
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United States
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Plastics Manufacturing
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1 - 100 Employee
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VP of Commercialization
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Jul 2022 - Present
X2F recruited me to partner with the organizational leaders, board, investors, and advisors to develop, communicate, and execute go-to-market strategies, key partnerships, and give guidance and insight into market direction. Company profile: X2F is a Silicon Valley VC startup based in Colorado with an innovative and disruptive technology that has garnered interest from a variety of well established industry giants in their respective fields. X2F recruited me to partner with the organizational leaders, board, investors, and advisors to develop, communicate, and execute go-to-market strategies, key partnerships, and give guidance and insight into market direction. Company profile: X2F is a Silicon Valley VC startup based in Colorado with an innovative and disruptive technology that has garnered interest from a variety of well established industry giants in their respective fields.
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D7 Mining & Manufacturing
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Ohio, United States
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Board Member
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Jan 2022 - Present
D7 approached me regarding my ability to provide commercial direction and coaching to the team of engineers in the realm of fundraising, market development, and project management with a business goal. I provide critical insight to the CEO of the organization surrounding founding an organization and executing strategic partnerships with established organizations which we found with Barbco Incorporated. ➟Re-focused the organization by working with the CEO to slim down portfolio diversity and put larger resources behind more meaningful projects. ➟Guided the organization in attracting outside investment, cultivating industry partnerships, and setting up stage gate development programs to maximize project management. ➟Assisted in re-structuring the company to ensure each team members strengths were properly utilized within the job scope they were provided. Company Profile: An innovative organization developing a ground-breaking way to incorporate plasma into a traditional tri-cone roller bit for vertical and horizontal drilling. This proven technology allows boring hard rocks like granite in feet per minute instead of minutes per foot. Show less
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Kayaku Advanced Materials
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United States
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Chemical Manufacturing
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1 - 100 Employee
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Product Manager
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Aug 2016 - Jul 2022
Following the sale of Conductive Compounds to MicroChem (now Kayaku Advanced Materials), retained to manage customer integration and organizational growth. Oversaw sales and engineering team developing new products for 6 market segments. Researched, proposed, and engaged in global M&A. After leaving for a short tenure in late 2018, sought out by KAM to rejoin the company in 2020 to develop and execute large-customer manufacturing contracts. Functioned as director/president of the division, promoting new product development opportunities, leading projects, marketing, sales, business development, M&A prospecting. Prospected, trained, and managed global reps. ➟ Developed a 1-, 2-, and 5-year plan within first 6 months post-acquisition outlining growth strategy, target sales figures, organizational/industry paint points, and budget considerations to execute on this plan. ➟ Proposed plan to grow revenue over 5 years via new product development, M&A opportunities, customer retention programs, and corporate strategy. ➟ Achieved XXX%-XXX% YOY business growth and positioned the company to exceed 5-year growth target by XXX%; ➟ Identified and executed 3 global strategic partnerships. Show less
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Specialty Printing
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United States
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Printing Services
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1 - 100 Employee
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Product & Business Development
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May 2018 - Oct 2020
A privately owned printing and label company with a broad portfolio that includes printed electronics and document security/anti-counterfeit manufacturing. ➟ Led team decrease annual manufacturing expenses by decreasing material used in process by XX%, increase manufacturing speeds by XX%+, and implementing advanced technologies used for material handling and manufacturing. ➟ Guided project to develop first-to-market disruptive product in an $18B global market through a joint development with a Fortune 500 partner. Show less
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Conductive Compounds Inc
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Hudson, NH
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VP of Business Development
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Jun 2003 - Sep 2016
I assumed oversight of this family-run business upon the passing of the founder/president and led front-end operations for a 5-month period until the hiring/onboarding of a new president. I then shifted my focus to generating new business opportunities, working directly with OEMs and their manufacturers in defense, medical, consumer, electronics, industrial, and aerospace industries spanning 4 continents. ➟ Drove XX% YOY annual revenue growth via new product development, strategic account management, and sales team development. Developed and managed CCI’s sales pipeline and global new customer interactions identifying a market potential value of $200M+. ➟ Led market analysis and launched sales strategies based on learnings to penetrate foreign markets and gain market share within 3 years. ➟ Negotiated multimillion-dollar manufacturing agreements between a Fortune 50 contract manufacturer, Chinese manufacturing facilities, and Conductive Compounds over week-long negotiations in Asia. ➟ Planned and launched full customer support lab in Switzerland within 3 months, including equipment installation, SOPs, and training to better serve all European accounts and reps. ➟ Attracted buyer interest and oversaw the company sale to MicroChem (Applied Ink Solutions). Company profile: Conductive Compounds Inc was a leading manufacturer of high-quality materials for the global electronics market. The company was sold to MicroChem (Applied Ink Solutions) in 2016. Show less
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Education
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Southern New Hampshire University
Master of Business Administration - MBA, International Business -
University of New Hampshire
ME, EE
Community
