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Vice President Human Resources

Location:
Woodside, CA
Posted:
December 02, 2012

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Resume:

Title:Test Engineer

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

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Source below

Full Name: David Eichler lyt761

Mailing Address: 132 Maybury Place

City, State: Woodside, California

ZIP:

94062

Country: USA Other Country Info:

Email address: *******@********.*** Other Email address:

Home Phone: 650-***-**** Cellular:

Work Phone: 650-***-**** Pager:

Job Information

Job Wanted: Vice President CFO or Sr Vice President and CFO or CFO or Chief Financial

Officer or COO IT Experience: 5+ Yrs

Degree Attained: Master's Degree Industry Experience:

Contract/Perm: Permanent

Minimum Pay: $230000 Per Year Last Updated:

Created: 02/12/2007

02/12/2007

Skills

My Best Skill: Technical Specialist

* Level:

Expert

2nd Best Skill:

Level:

3rd Best Skill:

Level:

List Other Skills: Chief Financial Office position with either a public or late stage

private, high technology company in SF Bay Area.

Citizenship, Travel, Relocation

Citizenship: U.S.

Citizen

Will you travel Occasionally

Will you relocate Yes

I may relocate to: Alabama Any state Any state

Resume

CHIEF FINANCIAL AND ADMINISTRATIVE OFFICER

Background Summary

CFO experience with various public and non-public turnaround software, semiconductor and

computer system companies in Silicon Valley ranging from start-up to $3 billion in annual

revenues.

Senior financial management positions with successful, high growth, multinational

companies (Adobe, Tandem Computers and Syntex Corporation).

Extensive experience in the following areas;

* Turnaround and high growth companies.

* Merger and acquisition transactions including post acquisition integration.

* Multinational operations encompassing manufacturing.

* Financial controls involving budgeting, cash and working capital management.

* Corporate governance issues including SEC reporting, and Sarbanes Oxley (SOX).

* Public and private financings (Shelf Registrations and PIPES).

* US GAAP encompassing software revenue recognition.

* Investor relations.

* Building and managing efficient and scandal-free, finance and administrative

organizations embodying legal, IT and human resources.

MBA

in Finance from the University of California at Los Angeles.

B.S

. in Accounting from Northeastern University.

CPA license and experience with a major CPA firm (Arthur Andersen & Co.).

PROFESSIONAL EXPERIENCE

PHOENIX TECHNOLOGY LTD

., Milpitas, CA

Senior Vice President and Chief Financial Officer

April 2006

-December 2006 (Co. restructured)

Chief Financial Officer

for a $60+ million revenue, turnaround, public (NASDAQ), leading

core system and endpoint security application software company. Responsible for overseeing

a professional staff of 70 employees including investor relations as well as worldwide

finance, IT and facilities organizations.

* Led efforts with the Operating Committee, and later with the new CEO to restructure the

company and position the company for profitability and possible sale. Operating expenses

were reduced by 40% in five months which will result in the company achieving positive

cash flow and profitability during the second half of FY 2007.

* Changed the software licensing practices which improved revenue predictability and

pricing prior to new CEO joining the Company and received overwhelming praise from

securities analysts for doing so.

* Led Sarbanes Oxley (SOX) activities which reduced outside consultant costs and audit

fees. Improved the integrity of the accounting records, eliminated two material control

weaknesses from the prior year and greatly improved relationship with E&Y.

* Assisted the Board and the outside search firm in recruiting a new CEO.

* Assisted investment bankers with a strategic alternatives project.

INTELLISYNC CORPORATION, San Jose, CA

Vice President Finance and Chief Financial Officer

October 2005

- February 2006 (Company sold to Nokia for $430 million)

Chief Financial Officer for a $60 million revenue, turnaround, public (NASDAQ), and

leading multinational, wireless messaging and mobile software company. Primary

applications included push-email, data synchronization and systems management software.

* Provided due diligence assistance in selling the Company to Nokia in November 2005 for

$430 million.

* Successfully completed Sarbanes Oxley 404 certification process with no material

control weaknesses.

* Implemented FASB 123R (Stock Option Expensing). Oversaw Legal and HR functions and

assisted in IR activities.

SINETT CORPORATION, Sunnyvale, CA

Vice President Finance and Chief Financial Officer

September 2004

-October 2005 (Recruited by Intellisync)

Was recruited to assist CEO to build the infrastructure including processes and

procedures for a start-up company that designed purpose-built ICs and software powering

the next generation equipment for integrated wired and wireless networks (i.e. Unifed

Access). Company experienced major product delays and lost both major customers.

* Provided financial discipline in the Company in terms of operating and capital

expenditure spending levels given product development and sales delays.

TRIPATH TECHNOLOGY, INC

., San Jose, CA

Vice President Finance/Chief Financial Officer/Corporate Secretary

2002

-2004 (Recruited by Sinett )

Chief Financial Officer

for a $20 million revenue, turnaround, public (NASDAQ), mixed-

signal, semiconductor company. Oversaw all administrative functions including Investor

Relations.

* Assisted CEO in managing Company turnaround efforts reducing the quarter cash usage

from $3 million to under $1 million per quarter and reducing manufacturing costs which

resulted in improved gross margin percentage (from -14% in 2002 to 32% in Q4, 2004). Also,

implemented strong financial discipline in managing inventories, accounts receivables,

operating expenses and in improving gross margins. Successfully achieved or exceeded

operating results for seven consecutive quarters. Reduced inventory days on hand from 217

to 150 days, accounts receivable DSO from 71 to 38 days.

* Improved creditability with the investment community. Added five sell-side analysts.

Participated in numerous road show meetings and analyst conferences with CEO. Tripath was

the #2 performing stock on NASDAQ in 2003 and #1 performing stock in Silicon Valley (Stock

increased by 2400%).

* Successfully filed $50 million shelf registration statement (Form S-3) and raised a

portion of the amount.

* Oversaw implementation of Sarbanes Oxley Section 404 activities.

GADZOOX NETWORKS, INC

., San Jose, CA

Vice President of Finance / Chief Financial Officer / Corporate Secretary

2001

-2002 (Co. filed bankruptcy 2002)

Chief Financial Officer for a $30 million revenue, turnaround, public (NASDAQ), storage

area networking company. Successfully rebuilt and managed the finance and information

technology functions in a downturn market. Company filed bankruptcy in 2002.

* Assisted CEO in managing on-going downsizing activities and turnaround, reducing

operating expenses by $50 million while conserving limited cash.

* Assisted CEO in five financings; raising $5 million in convertible debt and $45 million

equity financings.

* Secured $5 million A/R financing line and negotiated extended payment terms and

favorable settlements with vendors.

* Established formal planning and forecasting process. Coordinated implementation of

Oracle ERP system (11i) and successfully negotiated clean opinion with outside auditors.

ALLIANCE SEMICONDUCTOR, Santa Clara, CA

Vice President of Finance and Administration / Chief Financial Officer

1999

-2001 (Recruited by Gadzoox)

Chief Financial Officer

for a $210 million revenue, public (NASDAQ), turnaround company

and leading worldwide supplier of high performance memory and memory-intensive logic

products, including SRAMs, DRAMs, and Flash memory semiconductors. Assisted CEO in

managing company turnaround to profitability. Ranked #164 in profitability, Forbes 500

(2000).

* Revenues increased from $40 million to $210 million.

* Worked with operations to reduce inventories by 50% and increase accuracy of

transaction reporting.

* Increased and improved securities analyst coverage and creditability.

* Managed $1 billion marketable securities portfolio. Implemented securities hedging

program and raised $30 million through variable forward sale transaction.

* Provided analysis and technical support on several M&A transactions.

* Obtained $15 million unsecured bank credit line as well as $85 million secured credit

facility (Citibank).

* Implemented new cash management system that increased cash availability.

* Rebuilt finance organization and improved timing as well as accuracy of reporting.

Directed Oracle system conversion (11i) and Y2K project.

ADOBE SYSTEMS INC

., San Jose, CA

Vice President of Finance / Chief Accounting Officer

1997

-1998 (Co. restructured-recruited by Alliance)

Vice President of Finance and Chief Accounting Officer

for a $1 billion public software

company. Specific duties included directing the activities of the controller, treasury,

tax and planning organizations, including the preparation of financial reports and SEC

filings, oversight of treasury activities including cash management, short term

investments, and currency hedging and the development of SAP financial systems throughout

Adobe. Oversaw implementation of SOP 97-2. Managed a staff of 55.

HYUNDAI ELECTRONICS AMERICA, San Jose, CA 1994 to 1997Senior Vice President of Finance and Administration / CFO

(Recruited by Adobe)

Chief Financial and Administrative Officer for a high growth turnaround US operating

company which included fifteen sales and marketing, engineering, and manufacturing

divisions (1997 revenues were $1 billion), and eight US subsidiaries (1997 subsidiary

revenues were $2 billion). Also served as a board member for three subsidiary companies.

Major product focus areas included memory, logic, and system integrated circuits; disc

drive media, PC's, monitors, LCD's, wireless communications, network systems, and assembly

and test services.

Major responsibilities included overseeing all administrative functional areas including

Finance, Human Resources, Information Technology, Purchasing and Facilities. Managed a

staff of 140 employees. Key accomplishments included;

* Successfully managed company turnaround. Reorganized and rebuilt effective and

efficient administrative staff during a time when revenues increased by $500 million.

* Successfully led due diligence team, purchase negotiation, and transition for a $22

million acquisition and was heavily involved in the due diligence effort and negotiation

of a $340 million acquisition. Later led efforts to restructure and sell six divisions

/subsidiaries.

* One of two individuals out of 600 employees from U.S. operations selected to receive

the Chairman's Corporate Achievement Award for leadership and achievement.

* Led efforts to evaluate various alternatives to finance $1.4 billion semiconductor fab

and assisted in raising $400 million in a public debt offering and $400 million in

syndicated bank loans.

OTHER EXPERIENCE

Senior financial management

positions with SYNTEX CORPORATION, TANDEM COMPUTERS INC., and

ARTHUR ANDERSEN & Co

. between 1972 and 1994.

Please report any problems with this system to: Steve Lackey



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