David S Frutko
West Palm Beach, Florida 33401
917-***-****, ac8d0n@r.postjobfree.com
Summary
Senior executive with over twenty-five years of progressively responsible experience managing, Finance, HR, Facilities, IT and Administration. Experienced in start-up entrepreneurial creative environments. Detail oriented with a demonstrated ability to focus on the whole as well as the parts. A calm quiet contemplative thinker, who sets goals and accomplishes them. Brings projects in on time and on budget. Possesses excellent written and verbal communication skills. Works well with all levels of people.
Experience
Assumed complete responsibility for the overall strategic and tactical implementation of business and financial operations. Staff levels ranged from 40 employees to 135 employees during my tenure.
Designed, developed and implemented financial systems and procedures, including internal controls, budget formulation and execution, reporting, variance analyses, time accounting, cost accounting, billing, a/r, a/p, and payroll.
Established revenue and expense recognition policies.
Formulated billing rates using multiple levels of profitability.
Consistently monitored discretionary spending to maximize profitability.
Managed cash flow, invested cash as available.
Negotiated client and vendor contracts.
Established and maintained, banking, and professional support ( legal and accounting) relationships.
Active in Mergers and Acquisitions, acquired a small to mid sized advertising agency, integrated the acquisition into the family.
Raised Venture Capital.
Designed and implemented employee benefit plans including, health/dental and life/disability insurance as well as 401k defined contribution plan.
Supervised operational and administrative staff.
Managed three independent facilities and multiple relocations, negotiating real estate leases, telephone and IT plans and moves.
Completed systems requirements analyses, selecting software and hardware for both administrative and financial systems.
Divested unprofitable ventures without resorting to bankruptcy filings. In summary, my job was to manage the business of the business while others managed the clients’ business.
David S Frutko
Page 2
Work History
2008 - Current Sebastian Thomas Gallery, LLC Florida
Chief Financial Officer/Chief Operating Officer
1991 – 2008 Agent 16 LLC formerly Mezzina Brown & Ptrs. LLC, New York, NY
Mezzina/Brown Inc, MB Interactive Inc,
Brown, Kelly O’Neill & Ptrs., LLC, FreeRide Media LLC,
Utcom, Ltd.
Chief Financial Officer/Chief Operating Officer
1989 – 1991 Trahan Burden & Charles (TBC) Baltimore, MD
Chief Financial Officer Advertising Agency
1987 - 1989 Earle Palmer Brown (EPB) Bethesda, MD
Vice President of Internal Consulting/Client Accounting
1985 – 1987 Grant Thornton Baltimore, MD
Management Consultant Accounting and Management Consulting Firm
Education
MBA Candidate Loyola College Baltimore, MD
Bachelor of Science The Johns Hopkins University Baltimore, MD
Additional Information
Finance Committee Member, CPST Condominium Assoc. West Palm Beach, FL
Mayoral Appointment to the Arts Advisory Committee, St Petersburg, Fl.
Director, Board of Directors, St Petersburg First Night, St Petersburg, Fl.
Vice President, Board of Directors, ParkShore Plaza Condominium Association, St Petersburg, Fl.
Chair, Organization Committee, St Petersburg Arts Association, St Petersburg, Fl.
Member, Finance Committee, American Association of Advertising Agencies (AAAA)
Member, Audit and Investment Committee, American Association of Advertising Agencies (AAAA)
President, Woodlot Homeowners Association
Director, Board of Directors, Northern Westchester Center for the Arts (NWCA)
Dual Citizen, United States and Ireland, with current U.S.and EU passports