Efrain Torres

Chief Executive Officer
Phone: 513-489-2255
Fax: 513-489-2533
Toll Free: 1-800-229-1443
etorres@paynefirm.com

Efrain Torres received his B.S. degree in Chemical Engineering from the Rensselaer Polytechnic Institute and his M.B.A. degree from the Harvard Business School. Mr. Torres has been the CEO of The Payne Firm, Inc. since June 2004.

Mr. Torres’ professional career spans a wide array of technical and business functions across various industries. He has developed retail consumer products for well known health and beauty care brands and expanded them globally. His work in consumer products resulted in great shareholder value creation by expanding and often doubling the brand’s market share in key strategic international markets. He holds six patents with broad international intellectual property coverage.

After completing his MBA degree, Mr. Torres started a venture with two well-known physicians from the Harvard Medical School. This venture capital-backed start-up grew a network of radiology centers in Latin America and implemented state-of-the-art Telemedicine technology for continued medical education and patient consultation. After growing the company to $25 million in 18 months, Mr. Torres and the founders harvested the business.

Mr. Torres then went on to helping various entrepreneurs and angel investors with their start-up ventures. In this capacity he helped eight entrepreneurs write business plans, raise funds and get the ventures off the ground. He acted as interim CEO for a biotech venture turn around on behalf of the investor group until he merged the venture with another biotech firm to create an exit for the investors.

Mr. Torres then joined Hillenbrand Industries Corporate Strategy group to explore entrepreneurial approaches for generating organic growth. In this capacity he worked with all operating companies CEO to help them develop growth strategies and implement high priority projects, including expansions into the Brazilian hospital equipment market for Hill-Rom, the creation of electronic commerce transactional capability for Forethought Financial Services, and manufacturing capacity rationalization, restructuring the distribution infrastructure and moving wood casket production operations to Mexico for Batesville Casket Company.