Matthew Formato
Director of Business Development, Hypoxico Inc. | New York, NY
Professional Overview
Matthew Formato is an accomplished Director of Business Development with extensive expertise in driving strategic growth and business development initiatives within the health and wellness industry. In his current role at Hypoxico Inc., he is responsible for leading the company's market expansion efforts, forging new partnerships, and identifying innovative revenue streams.
Experience Summary
Current Role
As the Director of Business Development at Hypoxico Inc., Matthew is instrumental in shaping the company's long-term growth strategy. He oversees a team of business development professionals and is tasked with identifying new market opportunities, negotiating strategic partnerships, and securing high-value client accounts. Under his leadership, Hypoxico has successfully expanded its presence in key markets, securing several major contracts with leading healthcare organizations.
Career Progression
Prior to joining Hypoxico, Matthew held various sales and business development roles within the health and wellness industry. He started his career as a Sales Representative at Medtronic, where he gained valuable experience in medical device sales and client relationship management. Matthew then transitioned to a Business Development Specialist position at Technogym, where he played a pivotal role in expanding the company's footprint in the North American market.
Academic Background
Matthew holds a Bachelor of Science degree in Business Administration from the University of Delaware, where he graduated cum laude with a focus on Marketing and Entrepreneurship.
Areas of Expertise
- Strategic Business Development
- Relationship Management and Negotiation
- Market Expansion and Penetration
- Sales and Revenue Growth
- Health and Wellness Industry Expertise
- Cross-functional Team Leadership
Professional Impact
Under Matthew's leadership, Hypoxico has secured several high-profile partnerships with leading healthcare and fitness organizations, resulting in a significant increase in revenue and market share. He has spearheaded the development of innovative marketing and sales strategies, leading to the successful launch of new product lines and the expansion of the company's customer base.
Conclusion
With his extensive experience, strategic mindset, and proven track record of success, Matthew Formato is poised to continue driving growth and innovation within the health and wellness industry. As the Director of Business Development at Hypoxico Inc., he remains committed to leveraging his expertise to unlock new opportunities and position the company for long-term success.
