James G. Wetrich, LFACHE, PCC

James G. Wetrich, LFACHE, PCC's picture

James G. Wetrich, LFACHE, PCC is a senior executive with over 40 years serving the health care industry and clients across the globe. He is a graduate of the University of Texas at Dallas Program in Professional and Executive Coaching and is a PCC level member of the International Coaching Federation and a member of the Association of Corporate Executive Coaches as well as the Association for Talent Development.  Jim has more than 500 hours of coaching and has worked with dozens of clients in many industries including:


Technology, Telecom / Communication Services, Oil & Gas, Food & Beverage, Computer Software, Banking, IT Services, Manufacturing, Accounting Services, Utilities, HR & Staffing, Hospitals / Health Care, Manufacturing – Durables, Medical & Surgical Hospitals, Medical Devices, Pharmaceuticals, Shipping, Insurance, Financial Services, Content & Collaboration Software, Transportation, Automotive, Education, Food Processing, Government, Consumer Products, Data Collection & Internet Portals, Research & Development, and Retail


Jim is also an active Distinguished Fellow Coach with BetterUp coaching. Jim combines his career experiences with his coaching training and works to help his clients grow and flourish.  He is passionate about mentoring and leadership development.  He has coached C-level executives including medical officers as well as executives in many different roles and career levels and strongly supports efforts surrounding diversity and inclusion having served a year on the board of directors of The White House Project, an American non-profit organization, which worked to increase female representation in American institutions, businesses, and government. Its main programs focused on female leadership and campaign training and the portrayal of female leadership in the media.


Jim is currently the CEO of The Wetrich Group of Companies which provide management consulting (advising in the areas of business development, marketing, and supply chain and operations), outplacement, executive coaching, and talent assessment (recruiting strategies and workforce development) services for health care companies and health systems and their executives. The company has advised over 100 companies in the US, Europe and Asia having produced demonstrable results for many clients.


Under his leadership as President of U.S. and Latin America at Molnlycke Health Care (INVEB: SS) he created a new company culture with sustained, outstanding performance; in eight years, he grew wound care top line over 7 times and grew bottom line (EBITA) over 21 times and moved the company from number 5 in the US market to number 1. He oversaw the creation of over $1BN in enterprise value during his eight years in the position.


He has negotiated and structured numerous agreements, alliances, and joint ventures.  Jim worked at Abbott Laboratories (ABT: NYSE) in a number of roles including Divisional Vice President handling Abbott’s largest US customer (VHA Supply Company/Novation (Vizient)) representing over $1BN in annual contracted revenue. Jim was also commercial director for European Operations at Abbott International with profit and loss responsibility for France, Germany, Italy, Spain and the UK with annual revenue in excess of $600 million and division net income in excess of $200 million with over 500 sales and marketing resources.


Jim served as the interim vice president of supply chain management at Providence Health & Services where the annual spend was nearly $2 Billion with almost 1000 FTEs spread across 34 acute care hospitals in Alaska, California, Montana, Oregon and Washington with $60M annual departmental operating budget.  Jim orchestrated and managed an extensive strategic planning initiative which culminated in review with system CEO, COO, and CFO.  He worked with the core team to achieve $91 Million in operational improvements. His expert knowledge of end-to-end supply chain cycle includes value analysis, strategic sourcing, supplier relationship building and procurement logistics. 


In the mid-1980s, Jim played an instrumental role in the establishment of the University HealthSystem Consortium and worked closely with the CEOs and senior executives of 45 university hospitals. Wetrich is recognized as a health care business leader and served on the board of LiDCO PLC (LID London AIM) as well as several non-profits and several advisory boards including the Health Care Advisory Board for the Vistria Group. 


In October of 2021, Jim published his book on leadership:  Stifled Where Good Leaders Go Wrong. Wetrich holds a bachelor's degree in biological sciences from the University of Southern California, an MHA from Tulane University, and an MBA from Emory University. He was in the inaugural cohort of Stanford University’s Distinguished Careers Institute in 2015.  He enjoys spending time with wife, his two sons and their spouses, a new grandchild, teaching marketing at Texas Wesleyan University, fly fishing, reading, and writing.