A successful and versatile Chief Financial Officer with extensive product and service experience for high technology, production and distribution companies with annual revenues up to $350 million.

Expertise includes accounting, finance, SEC reporting, risk management, human resources, mergers and acquisitions, contract negotiations, tax compliance, information technology (MIS) and leadership skills.

EXPERIENCE

Aqua Care Systems, Vista, California 2001-2002

Chief Financial Officer

Managed accounting, financial, information systems, SEC reporting, insurance and human resource functions for a NASDAQ listed company involved in a "turnaround" situation. Company has manufacturing and assembly plants in California and New York, producing residential and industrial filtration products.

·         Developed financial models and presentations for investment companies.

·         Completed financial due diligence related to the acquisition of several companies.

·         Developed S-4 proxy data for shareholder votes on investment and acquisitions.

·         Responsible for SEC reporting and interaction with Nasdaq.

·         Managed two private placements, including working with attorneys to develop documents.

Composite Solutions, Inc., La Jolla, California 2000-2002

Consultant

Assisted a public company in developing its business plan and preparing and making presentations to potential investors. Managed preparations for the quarterly accounting reviews, annual audit and SEC reporting. Assisted with contract reporting for federal and state contracts.

Weber Distribution & Warehouses, Inc., Santa Fe Springs, California 1996-2000

Senior Vice President, Chief Financial Officer

Directed accounting, information technology systems, human resources, administration, and treasury functions for a $330 million, privately-held warehousing and distribution company, with 19 distribution centers on both coasts and Hawaii.

·         Turned cash flow from a negative $8 million to a positive $1 million in six months.

·         Restructured the management and staffing of accounting personnel for the company's two divisions, resulting in a quicker close, more reliable accounting information and improved cash flow.

·         Created policies and procedures for human resource management that provided consistent management throughout the company.

·         Introduced new communications technology, including a Wide Area Network, e-mail, and a digital phone system to a 150-person user group situated at 14 sites. Upgraded accounting, human resources and transportation management software.

·         Created a $7 million capital gain through the divestiture of a marginally profitable $250 million division.

·         Negotiated lines of credit with availability of $28 million at favorable rates with Bank of America.

·         Saved $1 million by prevailing in an extensive IRS audit related to equipment write-offs.

·         Arranged the lease and maintenance, within 30 days, for $2.5 million worth of warehouse equipment.

·         Negotiated and purchased a small warehousing company that was consolidated into the company's Northwest food distribution center; the acquisition became profitable within six months.

·         Conducted a study for a new Warehousing Management System (WMS) that is more accurate, faster, less expensive to operate and facilitates customer access to inventory status.

·         Oversaw the opening of five new West Coast facilities and took over management of four distribution centers on the East Coast.

·         Negotiated and completed an agreement for warehousing space and distribution in Honolulu to service military commissaries and exchanges.

Infotec Development, Inc., Costa Mesa, California 1983-1996

Executive Vice President, Chief Financial Officer (1994-1996)
Chief Financial Officer (1990-1994)

Directed the corporate operations of a $130 million aerospace software and services company serving the Department of Defense, FBI, CIA, Department of the Interior, Mexico and Russia. Products included digital imaging products, and command, control, communications and intelligence software.

·         Member of senior management team that grew the company into one of the 500 fastest growing companies during the 1980s (reference Inc. Magazine).

·         Directed risk management, insurance, workers' compensation and health and medical benefits for 600 employees.

·         Led reorganization of the company, which resulted in returning a $400 million contract to profitability.

·         Changed cash flow from a negative to positive position by negotiating new credit lines and payment terms and implementing new accounts receivable controls.

·         Provided cost accounting, financial support, and contract review in preparing and negotiating contracts with Russian and Mexican agencies.

·         Divested the Training Division into a separate company owned by new investors and some principals from the parent company.

·         Participated in the negotiations of the sale of the company to Pacer, Inc., a stock trade valued at $30 million. Managed all corporate functions during the transition into Pacer, Inc.

Vice President, Division General Manager (1986-1990)

Started a division to sell software services and support to the U.S. Navy. Within two years the division had profitable revenues of $14 million.

·         Successfully led the development team that won a $40 million contract for the U.S. Navy EA-6B aircraft electronic warfare software system support.

·         Bid and won a $25 million software support contract for the Navy Point Mugu target range.

·         Negotiated and purchased a small training company, with sales of approximately $500,000 per year, which became the basis for a $15 million per year profitable business.

Controller (1983-1986)

Developed, implemented and maintained the company's overhead structure and reporting in compliance with Federal Acquisition Regulations (FAR).

·         Managed the development of a new IBM System 36 accounting software package to service government contracts; this was the first accounting package specifically designed for the IBM System 36. Subsequently the software package was sold to other companies.

Chief Engineer (1983)

Participated in writing the technical and cost proposals, negotiations and startup for the Air Force satellite control software and hardware system upgrade.

·         Participated in opening and staffing a software facility that supported the Air Force satellite command control system development, a contract that grew from $4 million to $45 million in four years.

MILITARY

United States Navy Reserve, California

Navy Captain

Commanding Officer of two reserve squadrons, the first squadron consisted of 100 officers and enlisted personnel, and the second was a RESFORON with 400 reservist and 100 active duty personnel.

·         Last year as CO, squadron received the Safety Award, Maintenance Award, Highest Personnel Retention Award and was runner up for the Operational Excellence Award.

·         Taught a management course on situational leadership and building high-performance teams using a course developed by Dr. Blanchard, Author of "The One Minute Manager" to 20 Commands throughout Southern California.

United States Navy, Instructor Pilot, Hawaii & California

Naval Aviator

Served on missions throughout the Pacific, Indian Ocean, Atlantic Ocean and the Mediterranean Sea. Selected as a Replacement Air Group instructor pilot.

EDUCATION

Pepperdine University, Malibu, California

Master of Business Administration, With Honors

University of Indiana, Bloomington, Indiana

Bachelor of Science in Business, Accounting

Other Courses: Business/Entrepreneurial Program, University of California at Los Angeles; Strategic Financial Planning, Northwest University; Government Cost Accounting Standards, Touche Ross & Co.; Advance Warehousing & Logistics Course at University of Nevada

CERTIFICATION

Certified Public Accountant, Illinois