What They Didn't Teach You in Law School - How to Manage or Advise a Fast Growth Company As Experienced Through My Companies with Charles E. Hallberg
Wednesday, October 23rd, 2024 4:30 PM - 5:30 PM
Webcast Archive Content
Event Description
Using his entrepreneurial endeavors as a background and example, Mr. Hallberg will discuss what he believes are the dozen or so keys to managing, advising, and understanding a rapidly growing company - How to realize that IT AIN"T ABOUT YOU and how to GET STUFF DONE by describing the WHOs, WHATs, WHEREs, WHENs and WHYs to building a billion dollar business.
Speaker Bio
Chuck Hallberg knew he was going to be a lawyer from the time he was 9 years old. Chuck graduated with a Philosophy degree from University of Massachusetts in Amherst, MA and a law degree from Case Western Reserve University. After a time as a trial lawyer, he became a corporate lawyer at Revco Drug Stores. His first entrepreneurial step was to move to a subsidiary of Revco and help orchestrate an IPO, where he stayed for five years. He left to start a pharmacy benefits manager which after merging with a mail order pharmacy was eventually sold. The next day he started another one, MemberHealth. With a $75,000 SBA loan he and his daughter Jennifer worked out of his basement to offer managed care Rx benefits and to obtain prescription drug discounts for seniors. In 2002 he had 13 employees. Five years later he had experienced over 20,000 percent growth, 1,200 employees, with $1.5 Billion annual revenue, and sold MemberHealth to Universal American Financial for $630 million. Chuck was also an early investor in and advisor to CoverMyMeds which was a huge success for its investors and employees in Cleveland and Columbus. CoverMyMeds was sold to McKesson for $1.4 Billion. This year Chuck has assumed responsibility to launch and build a new company, Airotone, which will serve the 52 Million people in America alone, who suffer from respiratory diseases. He is hoping for a good trend line.
Event Location
Case Western Reserve School of Law
Room A59
11075 East Blvd.
Cleveland, OH 44106