Cary joined Salt Creek Capital in early 2023, bringing nearly 20 years of experience as CEO leading successful businesses in the technology, business services and healthcare industries. Cary is a highly versatile, hands-on operator who leads with a consultative management style to create a culture of teamwork, exceptional customers service and employee fulfilment.
Prior to joining Salt Creek Capital, Cary was CEO and co-founder of a technology-leveraged healthcare company, NowRx, that deployed advanced software, logistics and robotic automation to build a rapid growth fulfillment and distribution service for the pharmaceutical industry. Under Cary’s leadership the company achieved a 5-year revenue CAGR of 65% and grew annual revenue from zero to $30 million. Cary built the team from 2 to 120 employees and expanded the footprint from 1 to 15 fulfilment centers operating across five states. NowRx was winner of the 2022 Deloitte Technology Fast 500 award.
Previously, Cary identified an opportunity to acquire a business unit from a Fortune 500 financial services firm, and after leading the negotiation, due diligence and acquisition processes, led the new independent company as CEO for more than 7 years. Cary refocused strategy and operations, realigned staff, reduced expenses and developed a new automated web-based risk assessment and processing platform that later formed the central motivation for the ultimate acquisition of the company. He successfully exited the business via acquisition by a large regional financial services firm, generating 18x ROI (cash on cash).
Early in his career Cary led a $100 million financial services business unit for CIGNA, a large fortune 500 financial services company. Cary developed and implemented a new sales strategy and commission plan, realigned a 50+ member operations team, won several new large national accounts, and successfully implemented a new advanced OCR technology that dramatically reduced costs, increasing profits by 12% CAGR.
Cary holds a Bachelor’s of Science degree in Electrical Engineering from Drexel University, and has also completed Executive Education certificates from both Wharton Business School and MIT Sloan School of Management.
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