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Ana Hory, MBA

Ana Hory headshot

Global P&L Executive | Board Director | Advisor


Miami - Fort Lauderdale, FL  USA

Biography

Ana Hory is a global P&L executive, operating partner, and board director who helps founder-led, PE-backed, and consumer businesses grow profitably, strengthen operations, and build high-performing teams.

With 25+ years across consumer products, food, toys, baby, technology, and health & wellness, she has led businesses from startup through global scale—driving market entry, omnichannel growth, product innovation, digital transformation, EBITDA expansion, and portfolio simplification.

Her results include a 9-point EBITDA improvement and 60% SKU reduction at a $250 million Belkin business unit; a 9-point margin improvement, 2.6x e-commerce growth, and 3.5x Amazon growth while establishing b.box’s U.S. business; and scaling a health and wellness venture to $9.8 million in e-commerce sales.

Ana is especially valuable as a strategic visionary–integrator: a leader who turns ambitious ideas into aligned priorities, practical operating systems, capable teams, and measurable outcomes. She currently serves as Founder and Operating Partner at Enlucem, Board Observer at StyleRow, and Advisor to Halogen Ventures.

Professional Experience

Enlucem

Enlucem

Founder & Operating Partner | 2015–Present

Enlucem is Ana’s advisory and operating-partner platform for visionary, founder-led consumer businesses. She works alongside founders, CEOs, and leadership teams as a fractional COO and integrator—translating strategic vision into an aligned operating plan, practical priorities, accountable execution rhythms, and scalable growth infrastructure.

Selected impact:

  • Served as a second-in-command for founder-led businesses, aligning leadership teams around a single set of priorities and installing weekly operating cadences that increased focus, accountability, and speed of decision-making.

  • Led the U.S. launch of an international consumer brand, building its go-to-market strategy, local team, and operating infrastructure; doubled e-commerce revenue, tripled Amazon sell-through, and improved margins in the first year.

  • Led P&L and portfolio transformation work modeled on the discipline used to reshape Belkin’s $250 million business, supporting a 9-point EBITDA improvement and 60% SKU reduction while preserving innovation and international growth.

 

Halogen Ventures

Advisor and Board Observer | 2024–Present

Advisor to Halogen Ventures, an early-stage venture capital firm investing in consumer technology companies led by women. Ana supports portfolio founders navigating transformation, scaling, AI adoption, organizational design, and leadership-team development. She also serves as a Board Observer for a Halogen portfolio company, bringing an operator’s perspective to growth, governance, consumer strategy, and digital transformation.

b.box for kids

President, USA | 2022–2023

b.box is a $50 million, PE-backed Australian juvenile-products brand with retail and e-commerce operations. Ana was recruited to establish and scale the U.S. business, building the local operating model while positioning the brand for durable growth in a highly competitive market.

Selected impact:

  • Launched the U.S. business from the ground up—defining the go-to-market plan, streamlining the product portfolio using market analytics, recruiting and onboarding a high-performing local team, and instituting robust financial controls.

  • Improved budgeted margin by 9 percentage points through disciplined planning, assortment decisions, and commercial execution.

  • Delivered 2.6x year-over-year e-commerce growth by applying AI-enabled personalization, upgrading the mobile shopping journey, redesigning site navigation, and incorporating user-generated content and real-time customer support.

  • Reduced cart abandonment from approximately 70% to 35% by using analytics to identify friction points and improving the digital customer experience.

  • Grew Amazon 3.5x year over year through Buy Box optimization, pricing discipline, inventory availability, Seller Central analytics, and stronger operational execution.

Element of Choice

Chief Executive Officer | 2017–2022

Element of Choice was a self-funded, profitable, doctor-formulated health and wellness company. Ana led the business from early-stage development through commercialization and scale, building the brand, digital ecosystem, team, and operating capabilities needed for profitable growth.

Selected impact:

  • Scaled the business from inception to $9.8 million in e-commerce sales by identifying unmet consumer needs, developing relevant products, and building a disciplined, data-led operating model.

  • Designed and built the Shopify e-commerce experience, achieving a $100 average order value and promotional conversion rates of up to 7%.

  • Reduced cart abandonment from 64% to 35% through a mobile-first redesign, streamlined checkout, customer-journey optimization, and targeted recovery programs.

  • Led performance marketing, email, and influencer initiatives that increased engagement, built brand awareness, and supported sustained growth.

 

Belkin

Global Business Head | 2012–2015

Belkin is a global leader in smartphone, tablet, and consumer-technology accessories. Ana led a $250 million global business unit, Belkin’s second largest, and managed the intersection of P&L performance, portfolio strategy, innovation, international expansion, and talent.

Selected impact:

  • Transformed a $250 million business unit by leading a 60% SKU reduction and delivering a 9-percentage-point EBITDA improvement in the first year.

  • Improved contribution margin by 15–20 percentage points on average through portfolio prioritization, data-driven planning, cross-functional execution, and stronger commercial discipline.

  • Created and launched an innovative form-fitted iPad keyboard line, combining consumer research, rapid prototyping, and design-led product development. The line achieved a Net Promoter Score of 65, won industry awards, and generated $25 million in sales.

  • Rebuilt team culture and capability by recruiting, developing, and aligning high-performing talent around clearer decision-making, accountability, and shared business goals.

MEG Toys

Director of Product and Marketing | 2006–2012

MEG Toys was a self-funded toy and licensing company that developed consumer products and entertainment-driven brands. Ana helped build the company into a global retail business through category creation, licensing, product innovation, and consumer-led commercialization.

Selected impact:

  • Helped grow global retail sales from $25 million to $200 million by conceptualizing and launching seasonal and themed product lines; sales doubled in the first two years and continued to grow at double-digit rates.

  • Expanded licensees’ e-commerce contribution from 2% to 12% of total business through themed collections, digital marketing support, and hands-on commercialization guidance.

  • Created a new collectible-toy category connected to an interactive website and television cartoon, combining physical product, digital experience, and storytelling to deepen children’s engagement and create a differentiated brand platform.

 

Mattel

Senior Marketing Manager | 1998–2006

At Mattel, Ana held progressive global brand-management roles across high-profile toy portfolios and international markets. Her experience combined global strategy, product selection, market localization, and commercial leadership at scale.

Selected impact:

  • Directed a portfolio representing more than $300 million in global retail sales, delivering consistent year-over-year growth in a highly competitive category.

  • Built Mattel’s Brazil business from the ground up as Brand Manager, developing localized go-to-market strategies and helping establish Brazil as Mattel’s second-largest market worldwide after the United States.

  • Led global Girls’ product lines from headquarters, partnering with regional teams to increase relevance and performance across international markets; international sales grew 20% in the first year.

 

Earlier Brand Leadership

Kellogg, Unilever, and Bunge Group | 1994–1998

Ana began her career in brand management with leading global consumer companies in Brazil. Her early work built the foundation for her lifelong focus on consumer insight, market segmentation, product innovation, and disciplined commercial execution.

 

Across every role, Ana has paired an owner’s mindset with a people-centered leadership style, creating value by simplifying complexity, making disciplined choices, building trusted partnerships, and enabling teams to execute at a higher level.

Halogen
b.box for kids
Element of Choice
Belkin
MEG Toys
Mattel
Kellogg's
Unilever
Bunge Group

Non-Executive | Advisory Experience

Eleven Canterbury
UCLA Anderson

Ana brings an operator’s lens to boards, founders, and investors - helping leadership teams make clearer strategic choices, strengthen operating discipline, build organizational capability, and create durable value. Her advisory work spans consumer technology, CPG, health and wellness, and founder-led businesses at moments of growth, transformation, and scale.
 

 

Board Observer | 2025-Present

Board Observer for StyleRow, a Halogen Ventures portfolio company. Partners with the founder and board on growth strategy, market positioning, business priorities, and opportunities to scale the company.

Advisor, Halogen Operators Program | 2024-Present

Selected member of Halogen’s Operators Program, supporting founders across its consumer-technology portfolio. Advises on growth strategy, business transformation, AI adoption, organizational design, and building high-performing teams; brings an experienced operator’s perspective to complex scaling challenges.

Judge, Knapp Venture Competition | 2024–Present

Evaluates early-stage ventures on market opportunity, product-market fit, go-to-market strategy, financial viability, and execution. Mentors MBA and graduate founders on building scalable, fundable businesses, drawing on 25+ years of consumer, retail, technology, and e-commerce operating experience.

Executive Advisor | 2023–Present

Provides strategic and operational guidance to emerging and established consumer packaged goods brands. Focus areas include growth strategy, product and portfolio priorities, market positioning, e-commerce and retail expansion, operating discipline, and team effectiveness.

Board Co-Chair, Membership Committee & West Region | 2023–Present

Leads membership engagement for the West Region of a global network of board-ready women executives. Previously served as Board Co-Chair of the Membership Committee (2023–2024); currently supports member growth, connection, and access to board-development opportunities.

Advisor | 2023–2024

Advised the leadership team on growth strategy, consumer needs, market opportunity, and the practical business decisions required to scale in a complex environment.

Advisor | 2019–2021

Advised an early-stage women’s health platform serving young women through digital content, community, and care. Supported the founder on early business strategy, user discovery, business-plan development, organizational choices, and team/culture challenges. The client described her support as spanning “early ideation through execution,” combining strategic guidance with practical operating advice.

Enlucem
Halogen
Vitavate
WEoB
Adatto

Media

10 Lessons Learned Podcast with Ana Hory - Feb 2025

Our latest podcast episode features Ana Hory, M.B.A., a seasoned business leader who reveals to Siebe Van Der Zee her top 10 most impactful #lessonslearned over an impressive career. From empowering leadership to building cultural fit within an organization, Ana's insights are transformative for today's business environment.

Real Life Real Leaders Podcast with Ana Hory - Apr 2024

Discover how Ana's strategic vision transformed the Polly Pocket brand into a Brazilian sensation by understanding the market's unique needs and how deciding to remove a team member whose influence was hindering team dynamics became a pivotal moment in her career. Ana also gets candid about resetting and rebuilding, sharing the emotional toll of layoffs and offering practical advice for bouncing back stronger than ever. Tune in now to hear Ana's recipe for success and the decisions that can pave the way for a bright and prosperous future.

(note: this podcast is no longer assessible for viewing/listening)

Fireside Chat with Ana Hory - Jun 2019

In this brief interview, Ana answers a variety of questions and discusses important topics including the importance of taking risks and her thoughts on what it means to be the CEO of a company.

Awards & Endorsements

b.box for kids

“Ana demonstrated a strong vision and can-do attitude. She is not afraid to roll up her sleeves and get involved in all aspects of the business. She is a commercial and strategic thinker with the ability to execute.”
Monique Filer and Dannielle Michaels, Co-Founders & CEOs, b.box for kids
 

“Ana is creative, organized, and disciplined… a great builder of teams and staff. She uses a fact-based approach with tremendous passion and builds the respect of her team.”
Chet Pipkin, ex-CEO, Chairman, Belkin

“Ana is an inspirational leader who drove product development based on her vision of delivering enhanced consumer experiences and solving consumers’ needs before they knew they had them.”
Ernesto Quinteros, ex-Chief Design Officer, Johnson & Johnson; former Belkin Chief Design Officer

Award: PC Magazine Best Products of 2015

Belkin QODE™ Ultimate Pro Keyboard Case for iPad Air 2


Ana played a key role in the product development and launch of Belkin’s QODE Ultimate Pro Keyboard Case for iPad Air 2, a premium productivity accessory designed around portability, versatile use, and a high-quality typing experience. The product was named one of PC Magazine’s Best Products of 2015 and at CES, and received PCMag’s Editors’ Choice recognition.

Accreditation

Scaling Up | Participant | March 2018

Scaling Up specializes in scaling businesses, advising companies on how to successfully execute strategic plans, build and maintain a corporate culture that consistently achieves results, and how to develop new strategic relationships and partnerships.

Education

UCLA Anderson School of Management | M.B.A. | Strategic Business Management

FGV EAESP - Escola de Administração de Empresas de São Paulo da Fundação Getulio Vargas | B.A. Business Administration 

LMU

College of Business Administration - Loyola Marymount University | 2006

Professor of Strategic Brand Management | MBA class

Founded in 1926 as a center for strategic thinking and innovation in Southern California, the LMU College of Business Administration strives for academic excellence and prepares students - from eager undergraduates to experienced executives - to use their immense talents and unique skills to advance the interests of both industry and society.

Academic Appointments

Charitable Interests

UCLA Anderson School of Management | Mentor | 2015 - Present

The Center for Global Management Mentor Program pairs current full-time MBA, FEMBA, EMBA and UCLA-NUS EMBA students with members of the center's Advisory Board, a dedicated group of visionary global executives from a variety of industries and locations.

Big Brothers Big Sisters of America | Big Sister | 2000 - 2007

Big Brothers Big Sisters of America promotes strong and enduring, professionally supported, one-to-one mentoring relationships to children facing difficulties that alter their lives for the better.

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