have developed a long-term, highly-productive partnership. At Bellco they jointly managed all day-to-day executive-level activities and decisions, and had a productive, hands-on relationship with staff throughout the enterprise. Coincidentally, Neal and Vinny are exactly the same age, born on the same day, month, and year.
Neal Goldstein:
Neal joined Bellco Health (“Bellco” or the “Company”) in 1990 and was promoted to General Manager in 1992, President in 1996, and CEO / board member in 1998. Over his tenure Neal established Bellco as a national distributor; focused the Company toward new markets such as kidney dialysis; recruited and led a lean professional management team; created and led a Company-wide open book management / incentive program (“The Game”); led the Company to secure several major national customer relationships; conceived and established the American Medical Distributors, Inc. (AMD) business, and its 2 subsidiaries (Dialysis Purchasing Alliance (DPA) & Clinical Outcomes Resource Application (CORA)); and guided the Company through several M & A transactions. Neal oversaw all Company-wide compensation policies, executive incentive programs, and made final executive recruitment / termination decisions.
Neal is 46 years old, married with 2 children, and lives in Lido Beach, NY and New York City. He has served on Advisory Boards with various drug manufacturers and associations, including Amgen Inc. and Healthcare Distributors Management Association (HDMA). From 1984 to 1990, Neal was employed at Dierckx Corp., a systems integrator of material handling systems for distribution centers, where his last position was Vice President. Neal received his B.S. in Business from the State University of New York at Albany in 1984.
Vincent Russo:
Vinny joined Bellco in 1996 as Vice President of Finance, was promoted to Chief Financial Officer in 1998, and President / CFO and board member in 2001. Vinny oversaw all Finance, I.T., Operations, Purchasing, and Account Services functions. Vinny instilled an asset management philosophy throughout the enterprise that led to the pristine condition of major assets (inventory and accounts receivable). Vinny led the relationships with the Company’s banking and audit professional partners; oversaw the development of the annual operating budget; took the lead role in all major vendor negotiations; determined pricing and payment terms to ensure profitability with large customers; and approved all capital expenditures and corporate resource allocation.
Vinny is 46 years old, married with 2 children, and lives in Commack, NY. Prior to joining the Company, Vinny was employed at Henry Schein, Inc. from 1983 through 1987, and again from 1993 through 1996, where his last position was Controller. From 1987 through 1993 Vinny spent six years at Schein Pharmaceutical, Inc. where his last position was Director of Accounting. Vinny has a M.B.A. in Finance and a B.S. in Accounting from Adelphi University.
