Steven L. Tanner
**** ****** **** ~ Duluth, MN **804 ~ 218-***-**** ~
***********@*********.***
High Impact change agent & business executive with over 22 years of Profit
& Loss experience leading high growth organizations. Experienced "hands-on"
leader of turn around and start up companies throughout the business life-
cycle. Explosive and sustained record of earnings & revenue growth (35%+
and 25% 10 yr CAGR respectively) Driving innovation and transformation
throughout organizations through successive iterations of improvement
supported by the foundations of quantitative management---quantizing and
benchmarking. Recognized thought leader and implementation expert for the
integration of new acquisitions into existing ones, including all
financial, operational, marketing, and sales systems. Innovative solver of
complex problems, direct communicator, and successful negotiator.
Key leadership skills include:
P&L Management (> $500MM) Multi-market M&A Integration & Financing
Management
Business Strategic Leadership Business Planning & Modeling
Start-Up/Turnaround
Business Transformation Acquisition of Product Development
Capital
Performance Optimization Support Center Change Management
Revenue Growth Operations Cost Structure Optimization
Call Center Optimization Process Project Management
Re-engineering
Career History
F2 Technologies Holdings, LLC, Willington, NC
2006-
Present
Chief Operating Officer
Manage Day to Day operations and development of an early stage patented
airborne data network platform, as well as a variety of data management
tools. Developed financial model and responsible for overall business
strategy in concert with CEO & Board of Directors.
> Some examples of duties:
o Manned (future plans include unmanned) airborne utility meter
reading
o Highly secure streaming video/data application development
o Development of airborne situational awareness applications for
utilities
o Developing potential rural airborne alternative for data
collection and transmission
o Container security initiative
> Worked collaboratively with CEO on fund raising
> Developing Strategic Alternatives & partnerships
Tanner Development, Duluth, MN 2005 - Present
President/Owner
Provide Management & Professional Services to telecommunications and
technology companies providing business life-cycle management, Digital Life-
cycle Strategy (from profile to ecommerce to retention) business turn
around, business intelligence, strategic planning (opportunity
optimization), High impact marketing, financial modeling, business process
improvement, business development (including M&A), high impact revenue
growth planning, cost restructuring, and general business practices.
Some Example Engagements & Results:
> Developed SaaS, PaaS and hybrid-Cloud Based CMS business models
> Contract Negotiation for managed cross platform services
> Call Center Optimization-increase customer retention & reduce Write-
off
> Served as outsourced Executive for rural wireless carrier
o Strategy Development for multiple brand launch : contract and
non-contract brands
o Re-Imaged Brand and launched sub-brand in new category
increasing revenue, share and income, including e-commerce
o Reorganized Sales effort and channel strategy increasing sales
75%
o Negotiated Strategic Development agreement with National Large
Cap carrier to diversify concentration risk
Steven L. Tanner Page Two
o Planned with CEO Business re-engineering and implemented
reducing operating costs
o Project Managed deployment of new ERP, BSS/OSS, & Business
Intelligence & Analytics Engine
o Managed Network deployment of 3G technology & recommended vendor
of choice
o Managed deployment of network capital projects, including RF
design, site selection & vendor selection
> Partnered with Private Equity evaluating opportunities for wireless
acquisition
Senior Vice President/Regional V.P., Dobson Communications, 2000 - late
2004
Grew P&L from $325 million to $525 million, grew to 720,000 subscribers Led
over 900 employees throughout 9 states consistently improving sales, cost,
churn, customer satisfaction, capital efficiency, and profitability.
Volunteered to lead the evaluation and deployment of next generation
technology for company, which led to full adoption of my recommendation.
Increased market share through "no contract" monthly product and secured
state partnership for pioneering rural broadband initiative. Successfully
turned around multiple acquired businesses.
> Achieved revenue margins of 42%,
> Reduced cash costs per subscriber by 12% compounded annually.
> Lowered acquisition cost: beating industry by 25%.
> Turned troubled business units from negative cash flow of -5% to positive
cash flow of 20% within 6 months.
> Maintained average customer churn rate of 1.5% - industry average was 3%
-
o Successfully developed & transformed call centers into strategic
CEM assets
o Re-tooled outbound into profit centers
o Improved write-off to less than 1% of recurring native revenues
> Lowered cash cost per subscriber to an industry-leading $18.
> Managed end to end development & deployment of 200 sites, from green-
field to DAS sites
> Initiated customer support center re-structuring leading to 35%
efficiency improvement in cost and improved customer metrics
Vice President, American Cellular Corporation, 1998 - 2000
Managed P&L of $135 million market with 125,000 subscribers. Fully
responsible for all functional groups: engineering, sales, administration,
call center operations, finance and accounting, human resources, and IT.
> Grew revenues at a compound annual growth rate (CAGR) of 25%, with growth
in annual revenue per unit (ARPU) at 7% annually.
> Achieved an exceptional EBITDA margin of 64% in 1999, with free cash flow
of 40%.
> Successfully negotiated roaming contracts with 7 carriers, lowering
roaming costs by $7 million annually and increasing footprint for
subscribers.
> Deployed over $20 million in capital projects, earning an internal rate
of return of 75%.
> Pioneered a company retail store initiative when third party dealers were
norm, reducing acquisition cost and increasing sales
> Implemented call center technology upgrade to Nortel Meridian and Avaya
Dialer, substantially increasing efficiency.
Vice President, PriCellular Corporation, 1995 - 1998
Held full operational (engineering, sales, marketing, call center
operations, human resources, finance, and IT) and P&L responsibility for
this business unit which generated revenues of $87 million, serving a
population of 1 million with 105,000 subscribers.
> Built market from 1,500 subscribers to 105,000 subscribers, reflecting a
revenue jump from $14 million to $87 million, in 3 years.
> Deployed Capital network projects in excess of $30million with Internal
rates of return in excess of 65%
> Key team member for High Yield Debt financing presentations to multiple
investors in multiple cities.
> Grew market through acquisition of 4 adjoining markets, including
performing all due diligence, establishing terms, and negotiating
favorable contracts.
> Achieved EBITDA margins of 45% throughout aggressive growth phases.
> Established new call centers in Duluth and Baxter, MN.
> Developed and refined Key Drivers Report for entire company, which is
still in use today.
Steven L. Tanner Page Three
Tanner & Associates St. Louis, MO 1993 - 1994
Consulted with Southwestern Bell Mobile Systems, Ameritech, Central Paging,
and others, providing expertise in strategic business planning, financing
options, marketing strategy, and sales training.
> Improved (CLEC) revenues over 25% to $17 million in 12mos by expanding
distribution strategy and introduction of relevant products.
> Assisted in recapitalization of multi-carrier agent and managed lender
and new investors relationship during transition
> Created PCS C-Block auction strategy and assisting with capitalization
strategy ($10MM) for new wireless entrant
> Collaborated with major wireless carrier in the development of indirect
dealer strategy and reseller strategy
> Developed local exchange carrier reseller (CLEC) business plan for
telephony services in rural and suburban Illinois markets. Specifically
identified higher margin data services and messaging products and
negotiated wholesale costs on behalf of CLEC.
General Manager, American Paging, St. Louis, MO
1991-1992
Managed $5 million operations in the St. Louis market area, including
sales, accounting, and customer care, engineering, and product development.
Grew Revenues 25% per annum. Improved Cash flow from -$350K to $1.5MM.
Managed the transition during asset sale to competitor.
Market Manager, Crowley Cellular, Joplin & Springfield, MO
1989-1991
Successfully developed and launched both markets. Added $5MM in total
revenue. Opened 3 company owned retail locations and 20 dealer locations.
Developed B2B sales channel, hiring and managing a team of 8 sales
professionals. Managed marketing and advertising budget of $1.5MM.
Developed reseller relationship with Alltel while Springfield license was
in dispute
Education
B.Sc., Major-Quantitative Psychology, minor-Statistics/Math, Magna Cum
Laude, Missouri Southern State University,
Additional & substanital Graduate Study in operations management, finance,
statistical modeling, strategic planning, and business development