Speaker Event

The Explorys Success Story with Charlie Lougheed

November 20, 2020 7:30 AM


8:50 am

The Explorys Success Story with Charlie Lougheed

Panelists will include:

Mike Trabert of Marcum (formerly Skoda Minotti)

Michael Trabert

Michael Trabert is a partner and a leader in the Value Acceleration/Exit Planning Services group and is also a leader in the Firm’s Transaction Advisory Services group. Mr. Trabert understands the diverse goals and objectives of privately held businesses owners and helps them build, develop, and eventually exit their businesses, and was recognized with the Exit Planner of the Year award from the Exit Planning Institute (2017). Mr. Trabert has worked extensively with clients ranging from startups to multinational organizations with over $1.5 billion in annual sales.

A few of Mike’s accolades include:

-2017 Exit Planner of the Year by the Exit Planning Institute
-National Register’s Who’s Who in Executives and Professionals
-Nominated for Leader of the Year by the Exit Planning Institute

As a Certified Valuation Analyst (CVA), he understands the intrinsic value of the elements of a business and assists clients in maximizing their value. Mike regularly hosts Owners’ Roundtable workshops – a full-day, interactive workshop designed for business owners who want to maximize the value of their businesses and exit on their terms.

Mike received his Bachelor of Business Administration from our very own Kent State University.

Wayne Foley of Kyntronics (formerly President & CEO of Midwest Precision Holdings Inc)

Wayne Foley

Wayne Foley currently serves as President & CEO of Kyntronics Inc., a manufacturer of precision servo-controlled actuators used in automated production equipment. 

He has held leadership roles for over 25 years in middle market companies that provide engineered products to the industrial and aerospace markets. Wayne has extensive experience in General Management including building value through organic growth, acquisitions, integration, due diligence and exits.

Prior to Kyntronics, Wayne was CEO of Midwest Precision Holdings, a northeast Ohio-based precision machined components manufacturing company serving Aerospace, Defense, Energy, and Fluid Power markets.  Wayne has also served as Global President/CEO at both privately held and public corporations including nine years as President of Cleveland Motion Controls / ITT Corporation, and four years as President of Stanley Air Tools, a Division of Stanley/Black and Decker.

Wayne has been the “operational point-person” having done several acquisitions and divestitures with both public and privately-owned businesses and both strategic and Private Equity parties.

Brian Jeckering, former President and CEO at Polychem Corp.

Brian Jeckering

From 1998 Brian has been one of the  driving forces behind Polychem’s success.  From Management Training to Plant Management to VP of Operations, EVP, President and now CEO, Brian is uniquely positioned to contribute to this panel.

Some of Brian’s experience at Polychem that will contribute to the perspective he offers our the CFE audience include:

  • Defined and executed the strategy to reengineer Polychem’s value proposition from consumables-only to a full-service securement systems provider. 
  • Initiated and negotiated 9 separate, strategic transactions from preliminary agreement to close involving foreign investments, start-ups, various acquistions structures, and an acquisition from bankruptcy. 
  • Lead team through a strategic process which resulted in sale of Polychem Corporation in March, 2019 to The Sterling Group, a private equity firm in Houston, TX. 
  • Served on the board and acted as a strategic advisor to two companies in which Polychem invested in Italy. 
  • Start-Up Management: Oversaw the growth and development of strategy and practices which resulted in growing a series of start-up businesses by more than 500% since its inception.

Charlie has 25 years of experience in technology leading both start-ups as well as large corporate divisions within e-commerce and technology companies. 

Before launching his current startup Axuall in December 2018, Charlie was President & Chief Strategy Officer of one of our region’s recent startup success stories, Explorys, which he co-founded  in  2009 as an  innovation spinoff from the Cleveland Clinic. Explorys, which was acquired by IBM in April 2015, addressed the national imperative to leverage big data in healthcare for the improvement of medicine and delivery of care (read more below). During his time at Explorys Charlie lead market research, advanced product design, marketing, pricing, and strategic development. 

Before Explorys, Charlie co-founded Everstream with Stephen McHale in 1999 and served as Chief Technology Officer and Executive Vice President, leading product strategy, business development, and engineering initiatives. Charlie co-led two successful rounds of private equity financing, as well as the merger of Ad Acoustics in 2002. Following a $15 million public merger with the Concurrent Computer Corporation in 2005, he became President of Everstream.

Charlie also has extensive experience within the financial services industry, having led National City Corporation’s consumer online banking division, as well as a position at PNC Financial as Senior Vice President of the online channel for its affluent customer segment. He has also served as Vice President of Internet Systems at KeyBank where he led the development of Key.com, online banking, and online loan application systems. Before joining KeyBank, Charlie served as Lead Consultant with the Deloitte & Touche Consulting Group.

Charlie is an active leader in his community serving as Chairman of the Galen Foundation and Advisory Board Member to Genesis Inventions. Charlie has a BA degree from our own John Carroll University

More about Explorys

Originally inspired by physicians and informatics leaders, Explorys combined the most powerful healthcare computing platform in the world with turnkey solutions for clinical integration, at-risk population management, cost of care measurement, and pay-for-performance solutions.

Healthcare data can span across a disparate ecosystem of employed and affiliate providers, payers and plans, care settings, and electronic medical systems; Explorys tied that data together into unique valued action.

Since its founding, Explorys developed the world’s most scalable platform for Enterprise Performance Management (EPM) and one of the largest healthcare databases in the world derived from numerous and diverse financial, operational, and medical record source systems.

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