Raja Parvez
Raja is a laser focused, innovative, and results driven global executive with a sustained demonstrated track record of achieving exceptional results in leading and cultivating new products, processes, and customer relations while building partnerships with global corporations. With thirty years of experince in all facets of R&D, Product Realization, Engineering, Manufacturing, Supply Chain, Marketing, Sales, Finance, M&A, Due Diligence and Global Capital Markets, he has successfully led public and private corporations in the United States, Asia, Mexico and Israel. He has particular expertise in the solid state lighting (LED), crystal growth, advanced materials, energy, lithium-ion battery, opto-electronics and semiconductor industries.
As President, Chief Executive Officer, and Board Member of Rubicon Technology, Inc. he re-engineered and turnaround the company from a (13%) to 50% plus gross margin business and then led to IPO at ~ $300M enterprise value in less than 18 months. Within a few years, revenues grew 10X to $134M with a net profit of $38M and 80% plus global market share in the most profitable products.
As President and Board Member of Optigain, Inc. he led strategic direction with full P&L responsibility and institutionalized an operational excellence infrastructure that led to 5X revenue growth. He also established joint North American Product Realization Center with Furukawa Electric (Nikkei-TYO 5801) which acquired a majority ownership in the company for a substantial multiples.
He served as Chief Operating Office of CyOptics, Inc., where he established the product realization and operations infrastructure that transformed this R&D start-up to a robust chip and module manufacturer in Israel.
Raja also took on a leadership role in successful fund raising and acquisitions of TriQuint Optoelectronics and CENiX sub-systems in the US and Mexico. Acquired by Avago Technologies, Inc. for $400M.
At Lucent Technologies – Bell Laboratories, he served as a Consulting Member of Technical Staff. He architected and led the implementation of Design and Process Platform Characterization Methodology that revolutionized new product and process platform introductions resulting in sustained ~$150M in annual savings. Methodology became an industry standard and was formally published in the “Handbook of Industrial Engineering”.
Raja holds an MS in Management Science and an MS in Industrial Engineering from New York University and holds a BS in Mechanical Engineering from the University of Peshawar. Raja was a Midwest Region Finalist for the Ernst and Young Entrepreneur of the Year Award and received the outstanding CEO of the Year Award from Cross Atlantic Capital Partners.