Steven He
VP of Operations at igloocompany
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About
Strategic Chief Operating Officer with over 20 years of leadership experience turning around hardware technology startups and scaling multi-site operations across APAC, EMEA, and the US. Excelled in driving igloo from loss-making to near break-even (FY2025 US$11M revenue) and on track for US$1M profitability in FY2026 by building a resilient supply chain that mitigates US-China trade-war tariffs and pivoting into the high-growth North America Multifamily Residential (MFR) segment with new regulatory-compliant hardware and platforms. Proven in delivering P&L improvements, margin expansion, product innovation, and lean global operations while leading by example in high-performance, objective-driven cultures.
Experience
Chief Operating Officer at igloocompany Pte. Ltd. (igloo) (2022-08 – Present)
Turned around a mission-driven smart access technology startup from loss-making to profitability through supply-chain resilience, new market entry, and disciplined product execution.
- Delivered profitability turnaround: Achieved near break-even in FY2025 with US$11M top-line revenue; secured Q1 FY2026 breakeven and on track for US$1M full-year profitability
- Drove hardware margin expansion: Improved portfolio contribution margin by 8% on average (50% → 58%, range 5–15% per SKU)
- Pivoted into NA MFR segment: Launched 4 new SKUs and a new platform in FY2025 with Taiwan supply-chain partner; secured UL 10C fire-rating and ANSI-B certifications
- Secured EU market growth: Delivered 4 refreshed SKUs and new EN 18031-compliant platform contributing US$4M in EU sales
- Built trade-war resilient supply chain: Diversified manufacturing footprint beyond China by establishing new Taiwan supply chain in FY2025
- Streamlined global operations for efficiency: Reduced total headcount from 35 to 23 while building PMO department and implementing NPD process
- Fostered high-performance culture: Introduced anti-corruption policy in China and performance-based rewards
- Directed 13 offices supporting 10,000 properties by 2025; enabled 40+ partner integrations
- Managed full P&L and budgets; supported US$12M Series B1 (2022)
Program Manager at Rockwell Automation (2012-02 – 2020-09)
Managed US$70M+ global automation portfolio targeting oil & gas and FMCG industries.
- Led development of entirely new next-generation distributed I/O platform (software + hardware) from concept through ongoing development
- Managed ~US$15M in project budgets across multiple SKUs, consistently delivering within ±5% of target
- Coordinated cross-functional international teams and vendors across China, Poland, US, India, and Singapore
- Implemented KPI frameworks that drove continuous performance monitoring and improvement across complex, multi-country programs
Education
B.E.E. (Honours) in Electrical & Electronic Engineering – Universiti Teknologi Malaysia (UTM)