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From February 2007 until September 2007 he was President and CEO of Compucraft Industries, a $10 million precision sheet metal fabricator servicing the aerospace industry. Recruited by the owner, he stabilized the Company after the termination of the longtime General Manager and loss of a major customer and then facilitated the sale of the Company at a premium valuation. From October 2005 until March 2006 he was President and CEO of Simply Automated Inc. a startup in the home automation industry. His primary accomplishment there was to successfully transition the Company from significant monthly operating deficits to a position of breakeven. From 1998 until January 2005 he was CEO of Romer, Inc., a $18.0 million manufacturing and marketing company servicing the automotive and aerospace industry with precision measuring equipment. His accomplishments there included significant enhancements in operating performance and the ultimate cash sale of the Company at a premium valuation. In 1997-98 he was President and CEO of TomoTherapeutics, a start up medical device technology spin-off of Titan Corporation. His accomplishments there included the development of an engineering prototype and the ultimate sale of the technology to a foreign medical device manufacturer. At BioSafety Systems, Inc. (NASD:BSSI) he assumed responsibility for this privately held venture capital backed $7.0 million medical distributor with a negative net worth of $2.3 million in June of 1989. By the time the Company was sold in December 1995, he had taken it public (NASD:BSSI), vertically integrated operations by building a manufacturing facility in Mexico and increased revenues to over $18.0 million with after tax earnings in excess of 1.0 million. Prior to 1989 he was Chief Financial Officer of Infrasonics (NASD:IFRA), a publicly traded medical device manufacturer, and Emerald Systems, an electronics subsystem manufacturer. He started his career at IVAC Corporation where he held numerous management positions of increasing responsibility. In 1993 he was nominated to be Ernst and Young’s Entrepreneur of the Year and received his MBA from San Diego State University in 1979. Hank Kraus is a Christian who struggles to meet his Teachers' expectation. His most important accomplishment is his incredible wife and 4 beautiful children. |
Hank Kraus is committed to the goal of increasing shareholder value. During his career he has been able to consistently improve business performance and to ultimately help shareholders realize significantly enhanced value. As an operating executive he is experienced with turn around and start up opportunities in a wide variety of industries.