Under the leadership of CEO Neal Goldstein and President & CFO Vinny Russo, Bellco Health’s annual revenue grew from $55 million to over $2 billion. Bellco Health was a national healthcare company comprised of 5 operating units: three pharmaceutical distribution businesses, a Group Purchasing Organization, and a web-based Healthcare I.T. business. Their success building these companies resulted in the sale of Bellco Health to AmerisourceBergen (NYSE: ABC) for $190 million in October 2007.
Neal and Vinny, partners at Bellco Health for 12 years, maintain a highly compatible personal and business relationship which facilitated the rapid growth of Bellco’s multiple businesses. They repeatedly proved their joint ability to accurately “size up” management and business issues, leading to more strategic decision-making and successful execution. The pair also developed extensive experience guiding Bellco through several M & A transactions. Their leadership was directly responsible for Bellco Health’s success and significant growth in valuation.
The ability to implement the leadership necessary to manage a profitable organization remains an extremely powerful driver for Neal & Vinny. Via Growth Execution Associates, they will continue to apply these proven talents to the benefit of their clients.
