GEORGE K. VARGIS MBA PE
**** ***** ***** ****** ******: 818-***-****
WEST HILLS, CA. 91307-2710 EMAIL: *******@*****.**.*** HOME>8 PM: 818-***-****
Web page resume:http://home.socal.rr.com/vargis/George%20K.%20Vargis.doc
SUMMARY PROFILE
Results achiever executive providing value using progressive experience and education, as VP and CFO and/or
Corporate Controller, in high growth entrepreneurial, start-up and private or public, manufacturing and/or service
companies, strategizing in Finance and Administration, Operations and Planning areas, maximizing profitability
and valuation of the Company.
• •
Broad based success in Master's Degrees in Business
Finance, Business, Operations, and Engineering
•
Administrative, Manufacturing and Industrial Certification as Professional
Engineering technical areas Engineer in California
• •
High technology Passed California CPA
manufacturing, service and examination
•
ecommerce/Internet companies Officer of companies for
• Implemented acquisitions, many years
financing, placements in rapid growth and/or
turnaround companies
SUMMARY OF ACCOMPLISHMENTS
Venture Capital Investment funding of $ 7 M in first 100 days of employment into
entrepreneurial growing extremely cash tight high technology computer storage equipment manufacturing
company.
$ 3.5M credit line negotiated with bank for rapid growth company listed twice in INC. 500, with
$11M in sales.
Strategizing for start-ups, acquisitions and mergers, leveraged buyouts, R&D partnerships,
venture capital funds.
Turnaround management from $450K loss by consolidating facilities. Proactive Transition
Management through extremely tight cash situations, reorganization requiring crisis communications, Corporate
Development.
Maximize ROE by reducing inventory by $500K by perpetual systems and negotiating deliveries
from suppliers.
Reduced insurance costs for liability/property/medical/workers comp coverages; maximize ROA
and ROI.
Change Management by negotiating complex five-party 3-acre building leases resulting in
minimum expenses.
Participated in four major company moves involving 125,000 square feet facilities.
SEC reporting, including 10Q and 10K, worked with auditors of Big Four CPA firms, publish
Corporate Mission.
Consensus building strategizing feasibility of transferring operations to Malaysia, Mexico and
Taiwan.
Organizational Development by Team Building with recruitment of executives, managers and
professional staff.
Cross-functional team leadership selecting firms for accounting, insurance, inventory control
and legal counsel.
PROFESSIONAL EXPERIENCE
DEAN RYAN CONSULTANTS & DESIGNERS, INC. Los Angeles CA. Revenues $5M 51 employees 2004-Present
GEORGE K. VARGIS MBA PE Page Two
Prefer MOBILE: 818-***-**** HOME>8 PM: 818-***-****
Corporate Controller, for private, growing, technology SERVICE company, working for government (federal and
cities) and private customers. Conducted all finance and accounting functions of internal reporting and management,
working with DCAA, administration functions of human resources and insurance, implemented and policies to
improve profitability and valuation.
MAGNASYNC CORPORATION - MOVIOLA - J&R FILM COMPANY, Hollywood, CA. Revenues $25M, 100
employees. 2002 to 2004
Corporate Controller, for two private, high technology entertainment post-production equipment
MANUFACTURING companies, consolidated with two other companies, with sales, rentals and service to
international and domestic private and government customers. Established manufacturing methodologies for finance
and accounting, working in tight cash situation, leases with Dell and Sony, implemented procedures and policies
throughout companies to improve profitability and valuation. Reason for leaving: Restructuring of Finance staff.
DATADIRECT NETWORKS, INC., Chatsworth, CA. Revenues $25M, 125 employees. 2001 to 2002
Corporate Controller, a private, rapidly growing, $7 Million venture capital investment funded, international high
technology computer storage equipment MANUFACTURING company, with sales and service to private and
government customers. Strategize finance and accounting functions for manufacturing operations, work with
attorneys, bankers and Arthur Andersen CPA's, turned around tight cash situation, leases with Dell and IBM,
improved profitability and valuation. Reason for leaving: Consolidation of Finance and Accounting Department.
GAGE MARKETING SERVICES, Van Nuys, CA. Revenues $15M, 400 employees. 1999 to 2001
Controller, a growing telemarketing, distribution and fulfillment SERVICE company, division of publicly held
corporation, with international and domestic customers such as DirecTV, Disney, Earthlink, Fleetwood, Fox, H&R
Block, Honda, Mattel, NetZero, Pokemon and Travelodge. Reporting to Division COO, and to Corporate Controller.
Reason for leaving: Finance & Accounting functions transferred to parent in Minneapolis.
COMPUTER SOFTWARE ANALYSTS/C-SYSTEMS, LA, CA. Revenues $25M, 250 employees. 1992 to 1999
Corporate Controller, large privately held, seven division multi-state SERVICE employer of highly qualified
technical personnel with customers BOEING, IBM, IRS, JPL, LORAL, MARTIN MARIETTA, TRW and US AIR
FORCE; using DELTEK; prepared financial statements and business plans, Requests for Proposals (RFP's) and
Quotations (RFQ's) per FAR rules, coordinated audits by DCAA. Reason for leaving: Company closed down.
MODULITE CORPORATION, Compton, CA. Revenues $11M, 160 employees. 1984 to 1991
Executive Vice President of Finance and Administration, in Compton, California, a private company and subsidiary
UNIVERSAL GLASS CORPORATION, MANUFACTURERS of consumer products for international distributors,
included twice in INC. 500 most rapidly growing companies; managed customer service, data processing, with MRP/
SBT, finance, insurance, personnel, and legal affairs; restructure by sale and leaseback of building, leveraged buyout
of founding stockholders, set up Maquiladora in Tijuana, strategize company move to Malaysia, and consolidated
operations into one facility. Reason for leaving: Company closed down after collapse of building roof.
AMPERIF CORPORATION, Chatsworth, CA. Revenues $15M, 200 employees. 1981 to 1983
Vice President and Chief Financial Officer, Chatsworth, California, a private company and subsidiaries,
MANUFACTURERS of computer peripheral systems, for large companies, Government agencies and military
applications; reported to President and Board of Directors, instituted Finance Department, audit, bank relations, data
processing, R&D partnerships and equity placement activities, private placements, stock purchase and option
programs, and vendor relations; negotiated with equipment suppliers for long financial terms to balance cash flow
from material acquisition, to sale of leaseholds; negotiated present value of income streams from equipment leased to
Government agencies, with leaseholders GECC and Westinghouse Credit. Reason for leaving: Higher position.
PRIOR EXPERIENCE: Progressive Finance and Accounting experience in MANUFACTURING as Corporate
Controller with public COMPUTER COMMUNICATIONS, INC., Torrance, CA., Revenues $20M, 200 employees,
and as Manager of Cost Accounting with JAMES B. LANSING (JBL) SOUND, INC., Northridge, CA., then
Revenues $70M, 1,500 employees, a division of public BEATRICE FOODS; and Manufacturing and Industrial
Engineering experience with PERTEC COMPUTER CORPORATION, Chatsworth, CA., Revenues $100M, 500
employees, and BURROUGHS (UNISYS) CORPORATION, Division Revenues $120M, 1,400 employees; titles
GEORGE K. VARGIS MBA PE
6427 DUNLO PLACE Prefer MOBILE: 818-***-****
WEST HILLS, CA. 91307-2710 EMAIL: *******@*****.**.*** HOME>8 PM: 818-***-****
Web page resume:http://home.socal.rr.com/vargis/George%20K.%20Vargis.doc
included Assistant to Vice President of Operations, Senior Lead Industrial Engineer, Manufacturing Project Engineer,
Manufacturing Engineer and Industrial Engineer.
EDUCATION
MBA in Finance, Management and Marketing from California State University at Los Angeles (CSULA). Placed in
upper quartile of class while working full time as Manufacturing Engineer. Completed California CPA examination.
MS in Industrial Engineering from University of California at Berkeley (UC-BERKELEY). Granted tuition
scholarship during entire program based on high GPA. Completed degree program in two semesters in nine months.
BS in Mechanical Engineering from Indian Institute of Technology at Bombay (IIT-BOMBAY). Granted Merit
Scholarship during entire four-year program based on high GPA. In addition to Mechanical Engineering courses,
curriculum included Electrical, Chemical, Civil and Industrial Engineering, Chemistry, Physics and Mathematics.
SPECIAL QUALIFICATIONS
Completion of all parts of California CPA examination at first appearance.
Registration as Professional Engineer in State of California.