Confidentiality Requested and Appreciated
Timothy N. Jenson
***** ********** **** - *** ********, California 90720
Messages & Cell: 562-***-**** - E-mail: abl72m@r.postjobfree.com
Senior Management Executive
Senior Executive in Finance, Operations, and General Management with 20+
years strategic and operational experience and a record of delivering
results. Proven leadership ability demonstrated at respected firms:
Citigroup, Bank of America, Merisel, Cheyenne Mountain Entertainment, and
Knowledge Relay. Expertise in building and expanding businesses through
exemplary leadership, clear and concise communications skills, efficient
and effective cost controls, and strategic negotiations. MBA.
CORE COMPETENCIES
Senior Management Executive - P&L Visionary Leader - Strategic
Plans/Implementation
Expertise in Growing and Improving Turned Around Ailing Company Sales &
Businesses Profits
Increase Shareholder Value Dramatically Transitioned Company to a More
Profitable Industry
EMPLOYMENT BACKGROUND / TRANSFERABLE ACCOMPLISHMENTS
President and Chief Executive Officer
Cheyenne Mountain Entertainment, Inc - Mesa, Arizona 2005-Present
Cheyenne Mountain Entertainment is an interactive entertainment company
focused on developing and publishing high quality family oriented video
games for the personal computer and other platforms.
Accomplishments:
. Assisted in the creation and growth of a startup interactive
entertainment company and grew the business to over 140 employees working
on 5 different interactive entertainment products.
. Arranged for acquisition of Operational Business Intelligence company
(Knowledge Relay) and served as CEO.
. Developed business plans, operating budgets, and executed on such plans.
. Provided strategic, operational and financial expertise to allow company
to become operational and successful.
. Provided due diligence and strategic analysis for several acquisition
opportunities in a variety of industries.
. Established private family run company to manage real estate investments
(Blue Spring Enterprises, LLC)
President and Chief Executive Officer
Merisel, Inc. - El Segundo, California 2001-2004
Publicly held, software licensing solution company, listed on NASDAQ.
Revenue: $98M. Employees: 51-110. Responsibilities: Strategy, sales,
marketing, information technology, human resources, finance, and
operations, including all aspects of the company's success and growth
involving working with outside analysts and investors, customers, vendors,
and other stakeholders. Managed seven direct and up to 110 total reports.
Accomplishments:
. Restructured and reorganized company operations, recruited for key
positions, and implemented a structured training program. As a result,
sales grew in three years from $12M to nearly $100M per year.
. Implemented solid financial controls, debt negotiations, better
management, and improved processes, which improved overall margins,
lowered costs, and turned around the company and achieved consistent
profitability.
. Reorganized purchasing processes, reduced administrative costs, improved
technology, and developed a better rapport with "Wall Street" and
shareholders, which increased stock price 600% from $1.00 to over $6.00.
. Analyzed, structured, and negotiated transactions with three related
businesses located in New York City that had substantially better profit
potential and transitioned the company into a more profitable industry.
Sought out strategic buyers and negotiated the sale of unprofitable
business units resulting in over $60M in gains for the company and
improved profitability.
Executive Vice President - CFO
Merisel, Inc. (Same Company, different business) - El Segundo, California
1993-2000
Publicly held, multi-national Fortune 500 distributor of micro-computer
hardware and software products. Revenue: $5B. Employees: 3,000.
Responsibilities: Financial strategy and distribution operations,
including: financial reporting, accounting, financial services, budgeting,
operating strategy, shipping, warehouse operations, and implementation of
strategy; Overall company budget included revenues of $5B, cost of sales of
$4B and other costs of $400M; Direct reports budgets totaled over $200M.
Managed 16 direct and 600 indirect reports. Promoted from VP - Treasurer,
to VP - Finance, to Senior VP - Finance, to Senior VP and CFO, to Executive
VP.
Timothy N. Jenson Page 2
EMPLOYMENT BACKGROUND / TRANSFERABLE ACCOMPLISHMENTS
(Continued)
Accomplishments:
. Implemented an acquisition strategy with a team of professionals and grew
the business by over $1B through successful acquisitions of businesses in
different international markets.
. Assisted in the development and implementation of a new business model
for Sun Microsystems, created a new, highly profitable company, and grew
it from startup to over $1B in revenues in six years.
. Reorganized the Finance department, recruited key people, implemented
processes and controls, training, accountability, and state-of-the-art
business practices, which turned the group into a Top-Notch Financial
Team with no more surprises, superior financial systems and controls, and
great management information.
Vice President - Corporate Finance
Citigroup - Los Angeles, California (Headquartered in New York) 1989-
1993
One of the world's largest and most profitable financial institutions.
Revenue: $100B. Employees: 250,000. Responsibilities: Worked closely
with senior management at Fortune 500 clients to develop and implement
strategic and financial plans. Originated, structured, and negotiated
financing for corporate acquisitions and working capital growth. Worked
with team of 8-12 professionals.
Accomplishments:
. Underwrote senior and subordinated debt for retention and syndication.
. Administered a portfolio of clients actively involved in complex
financial transactions including debt restructuring, leverage buyouts,
and IPO's.
. Developed and maintained close working relationships with customers to
provide credit enhancement and cross-selling of corporate finance
services.
Founder, Director, Financial Advisor
American United Global, Inc. - Downey, California 1989-1992
Largest West Coast manufacturer of O-rings and rubber sealing devices.
Revenues: $100M. Employees: 200. Responsibilities: Negotiated and
arranged the leveraged buy out and company formation. Served as member of
the Board of Directors to provide strategic guidance and operational
management oversight. Provided financial expertise and directed the
development of financial controls, financial reporting and analysis,
accounting, and treasury functions for newly formed company.
Accomplishments:
. Negotiated and arranged the leveraged buy out and company formation.
. Built sales over three years from $30M to $100M.
. Prepared company for IPO (Initial Public Offering) and successfully
merged company with public shell.
Vice President - Corporate Banking
Bank of America - City of Commerce, California 1984-1989
One of the largest and most successful financial institutions in the world.
Revenues: $59B. Employees: 225,000. Responsibilities: Administered a
portfolio of assets and liabilities for corporate banking clients actively
involved in the capital markets. Originated, structured, and negotiated
financing for middle market corporations. Developed and maintained close
working relation ships with customers to provide credit enhancement and
cross-selling of ancillary banking services. Managed up to eight direct
and 12 total reports. Promoted from Commercial Banker, to Assistant Vice
President, to VP - Commercial Banking, to VP - Corporate Banking.
Accomplishments:
. Grew portfolio assets and profitability by over 21% each year.
. Recruited, motivated, and trained, seasoned group of banking
professionals.
COMPUTER SKILLS
Microsoft Windows, Office, Word, Excel, PowerPoint, Access, Adobe, SAP,
Outlook, UNIX, and the Internet
EDUCATION
MBA Degree (Finance & Business) - Brigham Young University - Provo, Utah
Graduated with Honors: Top 10%, magna cum laude
BS Degree in Business Management - Brigham Young University - Provo, Utah
Graduated with Honors: Top Student, #1 in class, Outstanding Student Award