Sales Medical

JOHN S. TURNBULL

**** ******** ***** 949-***-**** (H)

Newport Beach, CA 92660 949-***-**** (C)

****@*******.***

Chief Operating/Executive Officer

MBA/ Big 4 CPA, CFO, COO & CEO with proven success creating shareholder

value in all aspects of business operations for manufacturing,

distributing and retailing consumer products/medical devices marketed

internationally.

KEY COMPETENCIES

( Market Sector Diversity ( Private Equity

Investments

( Business Restructuring ( Acquisitions

( Organizational Integration ( Business

Planning

( Financial Modeling ( Overhead Scaling

EXPERIENCE

BOOT BARN, INC., Orange, CA. 2006 - 2010

(Largest specialty retailer of western/work wear - 81 stores in 7state,

annual sales $122M)

President & Chief Financial Officer

Led Company's growth & transition strategy to become the largest retailer

in its category.

. Oversaw acquisition due diligence efforts resulting in initial private

equity investment and three follow on acquisitions.

. Transitioned this leading specialty retailer from a cash basis family

business into GAAP compliant private equity sponsored Company.

. The Company's revenue run rate doubled during the first 14 months of the

initial investment.

INNOVATION SPORTS, INC., Lake Forest, CA.

2003 - 2006

(Premium designer, manufacturer and int'l distributor of orthopaedic

medical devices - Annual sales $45M)

CEO

Transitioned this well established medical devices company through a value

enhancement strategy for desired stockholder liquidity (sold, all cash,

valued at 9.5 times normalized EBITDA).

. Developed strategic growth plan involving core product enhancements and

new product introductions. Implemented key initiatives to grow

international distribution.

. Improved working capital turnover and implemented cost containment

initiatives to achieve record setting cash flow from operations.

. Transitioned operations to maximize shareholder value. Attracted

strategic acquirers and led negotiations through successful liquidity

event at premium level valuation.

THE GINGISS GROUP, INC., Van Nuys, CA (sold & Hqtrs moved to Chicago)

1998 - 2002

(The nation's largest specialty retailer of formalwear rental and sale -

Annual sales $183M)

President

Guided private equity sponsored Company through market roll up and merger

to become national leader with a network of 435 stores and five regional

garment processing/distribution centers.

. Led core business to achieve 22% EBITDA margins.

. Executed a three-pronged growth strategy that doubled revenues in four

years.

. Achieved cost cutting efficiencies by successfully integrating three

acquisitions, consolidating two garment processing centers and scaling

operations.

UNIFIBER CORPORATION, San Diego, CA (sold to Private Equity roll up)

1994-1998

(A leading manufacturer of OEM graphite golf shafts and composite sport

product s - Annual sales $33M)

President

Strategically positioned company as premium level engineering and cost

effective manufacturer.

. Accomplished successful exit and liquidity event for stockholders (43%

annualized ROI).

. Boosted unit pricing and margins with product mix enrichment strategy.

. Achieved ISO 9001 certification to enhance quality, reduce costs and gain

market share.

. Restructured debt facilities to provide additional working capital.

TROPITONE FURNITURE COMPANY, INC., Irvine, CA 1991-1994

(A top tier brand of outdoor furniture manufactured and marketed

internationally - Annual sales $37M)

Chief Operating/Financial Officer

Guided development and implementation of financial, marketing and

operations initiatives that returned company to path of success after five-

year decline in sales and diminished profitability.

. Secured $17 million in financing and engaged turnaround marketing

resource, boosting sales 25% in the coming year.

. Reduced overhead structure by 22% with consolidation strategy.

. Increased working capital turnover through overhaul of MIS support for

credit management, inventory and accounting systems.

VISION SPORTS INC., Santa Ana, CA 1988-1991

(A manufacturer of internationally marketed apparel and action sports

products - Annual sales $73M)

Chief Financial Officer

Established financial policies, operating systems and banking resources for

this high growth distribution company with four vertically integrated

manufacturing entities. Directed a staff of 52 in Finance, Accounting,

Credit, MIS and Administration.

. Attracted and negotiated $15 million financing package, preventing a

lender crisis and facilitated a 240% growth in sales over the next two

years.

. Evaluated/developed MIS strategy and implemented software with on-line,

order driven control of sales, credit, inventory and accounts receivable.

This qualified $35 million in assets as prime collateral for borrowing

purposes.

. Expanded credit lines with key vendor groups to free up $2.5 million in

working capital.

CROWN ZELLERBACH CORPORATION, San Francisco, CA 1980-1988

(A "Fortune-100" manufacturer & distributor of forest products)

Divisional VP Finance (1984-1988) ($400mm in sales specialty packaging

business)

Fast track contributor to overhauling financial management reporting and

systems.

Plant Controller (1981-1984)

Financial Analyst (1980-1981)

DELOITTE & TOUCHE, San Francisco, CA 1977-1980

Senior level auditor for large and middle market specialty retail &

manufacturing clients

EDUCATION

Masters of Business Administration, California State University - Hayward -

1977

Bachelor of Arts, San Francisco State University, Major, Marketing - 1975

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