Post Job Free

Resume

Sign in

Years Experience Management

Location:
California
Posted:
December 11, 2013

Contact this candidate

Resume:

David Eichler

Experienced High Tech CFO for public and private growth and transition enterprises

acbmth@r.postjobfree.com

Summary

Senior financial executive with over fifteen years as Chief Financial Officer with various public and private

high technology companies. Demonstrated leadership in delivering improved operating performance and

efficiencies including working capital management. Broad operational experience with international operations

encompassing manufacturing, R&D, sales and marketing. Also, experienced in managing high-growth and

restructuring environments.

Industry expertise with enterprise and consumer software, wireless network and software, semiconductors and

computer systems companies ranging from start-up to multi-billion dollars in annual revenues.

Successfully raised over $500 million in various financings, including IPO's. M&A experience involving the

acquisition and sale of four enterprises with transactions valued in excess of $1 billion.

MBA in Finance from the University of California at Los Angeles and CPA experience with Arthur Andersen

& Co.

Interested in late stage or public company CFO and Board of Director opportunities.

Core Expertise:

Business Model and Strategy

Financial Management

Capital and Financing Strategy

Debt and Equity Financings

IPO's and IPO Readiness

Operations Optimization

Managing High Growth

Start-Up and Public Co. CFO Experience

Regulatory and Compliance

Mergers and Acquisitions

US GAAP and SEC Reporting

Audits, Sarbanes Oxley & Corporate Governance

Investor Relations

Tax Planning

Page1

Experience

Interim CFO Consultant at CFO consulting

April 2012 - July 2013 (1 year 4 months)

Interim VP Finance and senior executive consultant for Meru Networks, a publicly-traded, $100 million +

revenue, wireless local area network and software company.

Assisted in raising $32 M in new private debt and public equity financing via a secondary offering.

Oversaw timely SEC filings, quarterly reviews, annual audit, SOX testing, revenue recognition, stock tender

offer and Oracle system upgrade.

Interim Vice President and Chief Financial Officer at Mendel Biotechnology, Inc.

April 2010 - August 2011 (1 year 5 months)

Interim CFO and senior finance executive consultant with Mendel Biotechnology, a $25 M+ revenue,

bio-genetics and bio-energy start-up company that was partially owned by BP and Monsanto.

Assisted the CEO in evaluating various strategic alternatives including possibly selling the Company to

Monsanto, spinning-off the bio-energy division, shutting down the bio-energy business and ultimately

helping raise an additional $25 M in equity.

Vice President & Chief Financial Officer at Catalyst Semiconductor

August 2007 - December 2009 (2 years 5 months)

Directed the finance organization for a $80 million revenue, multinational, public, non-volatile memory and

analog/mixed signal semiconductor company.

Co-led efforts with the CEO and investment bankers in selling the company to ON Semiconductor at a 51%

premium to market price in July 2008.

Assisted the CEO in improving operating performance during FY 2008. Net revenues increased by 14% to

$76 M, with Analog/Mixed Signal revenues increasing by 93% to $11 million. Gross margins increased to

37.8% from 33.3% in FY 2007, while net income increased to $2.9 M from a net loss of $429K for FY2007.

Cash flow from operations increased to $9 M with better working capital management and increased profits.

Reduced G&A expenses by 25%, reducing audit fees and outside services. Improved efficiency and reduced

cost by insourcing investor relations, stock administration, SOX testing and SEC reporting.

11 recommendations available upon request

Senior Vice President and Chief Financial Officer at Phoenix Technologies

January 2006 - August 2007 (1 year 8 months)

Chief Financial Officer for a $100 million revenue, multinational, public and leading core system and

endpoint security application software company. Responsible for overseeing a professional staff of 70

Page2

employees. Led efforts with the Operating Committee to restructure and reposition the company for

profitability and possible sale.

Modified the software licensing practices which improved revenue predictability and margins prior to the

new CEO joining the Company and received overwhelming praise from securities analysts.

Eliminated two SOX material control weaknesses prior to my joining and reduced audit fees by 50%!

Assisted in M&A presentations and discussions with eight private equity companies which resulted in the

Board deciding to restructure the Company and not pursue an acquisition.

3 recommendations available upon request

Vice President & Chief Financial Officer at Intellisync, Inc.

October 2003 - January 2006 (2 years 4 months)

Directed the finance organization as Chief Financial Officer for a $100 million revenue, multinational,

public, wireless messaging and mobile software company. Assisted with the sale of the company to Nokia.

Coordinated M&A due diligence efforts with Nokia and provided support to the CEO, Board, executive team

in a M&A deal valued at a 4x revenue multiple, or $430 M.

Improved the integrity of the accounting records and greatly improved the relationship with PWC. Completed

the first year of Sarbanes Oxley testing with no material control weaknesses.

Established and improved monthly and quarterly financial operating performance metrics. Rebuilt finance

organization and improved timing as well as accuracy of reporting.

1 recommendation available upon request

Certifications

Certified Public Accountant

California License Inactive status at this time

Honors and Awards

Chairman's Outstanding Achievement Award

Hyundai Electronics (Hynix)

June 1996

Selected as one of two recipients to receive the highest honor given to a manager in Hyundai Electronics for

outstanding achievement.

Outstanding Performer Award

Tandem Computers

Page3

1982

Was selected as an outstanding performer while Director of Finance/Accounting at Tandem.

Skills & Expertise

Working Capital Management (Expert, 15 years experience)

Strategic Planning (Advanced, 15 years experience)

System Design

IPO (Advanced, 10 years experience)

SEC Registrations and Reporting (Advanced, 15 years experience)

Financial Management (Expert, 15 years experience)

Cash Management (Expert, 15 years experience)

Financial Analysis (Expert, 20+ years experience)

Business planning and forecasting (Expert, 15 years experience)

Financial Planning (Expert, 15 years experience)

Corporate Finance (Expert, 15 years experience)

Tax (Intermediate, 15 years experience)

Risk Management (Advanced, 15 years experience)

Audit (Expert, 20+ years experience)

Start-ups (Advanced, 15 years experience)

Cash Flow (Expert, 15 years experience)

GAAP (Advanced, 20+ years experience)

Acquisition planning, due diligence, negotiations (Advanced, 10 years experience)

and integration Integration

Treasury Management (Advanced, 15 years experience)

ERP (Advanced, 15 years experience)

Business Strategy (Advanced, 15 years experience)

Manufacturing (Advanced, 15 years experience)

Valuation (Advanced, 10 years experience)

Process Improvement

Banking (Advanced, 15 years experience)

Big Four CPA (Advanced, 4 years experience)

Semiconductor Industry (Expert, 10 years experience)

Mergers and Acquisitions (Advanced, 15 years experience)

Debt and Equity Financings (Advanced, 10 years experience)

Software revenue recognition (Advanced, 10 years experience)

Software Industry (Advanced, 10 years experience)

Computer and Networking Industries (Advanced, 10 years experience)

Financial accounting and control (Expert, 20+ years experience)

Restructurings and divestitures (Expert, 15 years experience)

Corporate governance including Sarbanes Oxley (Advanced, 8 years experience)

(SOX)

Page4

Biotech and Cleantech Industries (Intermediate, 2 years experience)

International operations (Advanced, 15 years experience)

Private and Public Company CFO Experience (Expert, 15 years experience)

S-1 Registrations (Advanced, 10 years experience)

Profit Improvement (Advanced, 15 years experience)

MBA Finance (Advanced, 15 years experience)

Corporate Governance (Advanced, 10 years experience)

Coaching and Team Development (Advanced, 20+ years experience)

Fundraising (Advanced, 15 years experience)

CFO (Expert, 15 years experience)

Financial Modeling (Expert, 15 years experience)

Public Companies

Computers

Auditing

Sarbanes-Oxley Act

Education

University of California, Los Angeles

MBA, Finance, 1982 - 1984

Northeastern University

BS, Business Administration- Accounting

Activities and Societies: Beta Alpha Psi

Honors and Awards

One of two individuals out of 600 employees selected to receive the prestigious Chairman's Award at

Hyundai/Hynix.

Selected as one of the top 50 employees at Tandem Computers(Now HP).

Interests

Sports, travel, music (piano), reading, fine wine, dining out, discussing politics and complex policy issues and

family activities.

Page5

David Eichler

Experienced High Tech CFO for public and private growth and transition enterprises

acbmth@r.postjobfree.com

15 people have recommended David

"Dave was an excellent CFO: well qualified, hard working, ethical and could be relied on to get things done

with the utmost professionalism."

Scott Brown, Vice President of Marketing, Catalyst Group, On Semiconductor, worked with David at

Catalyst Semiconductor

"While working at Catalyst Semiconductors Inc, in Santa Clara CA, I had the pleasurre of working with

David Eichler. I found David to to have keen insights into the world of finance and business operations. His

leadership helped the company implement effective business process controls establishing compliance with

SOX requirements; while at the same time, reducing associated costs. Making and meeting commitments are

earmarks of David's work. He is thoughtful in analysing problems and works to find practical solutions.

David Communicates well with all levels and work groups with in the company. He represents the company

in positive terms whenever communicating with those outside the company. Overall, David enhanced our

organisational effectiveness by stimulateing teamwork across organisational boundaries. He always conducts

hinself in a professional manner. You will find that David is a high caliber manager and he maintains a

personal high level of integrety. The addition of David's pleasant personality and ability to make meaningful

contributions will soon become a vauable asset to any organisation in need of expertise in finance and

administration."

Joseph Bruno, Director of Customer Satisfaction, Catalyst Semiconductor Inc, worked with David at

Catalyst Semiconductor

"Dave’s comprehensive knowledge of finance, management and the high-tech industry proved to be an

essential resource for company management and employees. He energized our group and instilled discipline

and professionalism into the Finance function. Dave demonstrated genuine appreciation for hard work

performed by his staff."

Elbert Aquino, Manager of Financial Planning & Analysis, Catalyst Group, ON Semiconductor, worked

indirectly for David at Catalyst Semiconductor

"“Dave did a great job as CFO at Catalyst. During his tenure he provided solid financial advice to the

executive staff and Board. Through his leadership he improved the operating performance of the finance

organization, while reducing G&A costs by over 25% and was very helpful in assisting me in improving

financial performance of the Company. He also instrumental in building creditability with the buy and

Page6

sell-side analysts and in leading the M&A due diligence process with a number of potential buyers

simultaneously. Dave is a consummate professional that I would highly recommend for a CFO position.”"

Gelu Voicu, President & CEO, Catalyst Semiconductor, managed David at Catalyst Semiconductor

"David is a very proactive CFO that is prepared to get involved where needed in any business opportunity. He

is always available to discuss and listen to reason when it comes to Financial, Legal or straight forward

business reason. David worked well with the European market and I would be happy to work alongside him

again."

Mark Stokes, Director of Sales - Europe, Catalyst Semiconductors Inc, reported to David at Catalyst

Semiconductor

"David is an extremely knowledgeable and capable CFO. With his stong and detailed job knowledge he

significantly contributed to the overall profitability and stability of the company. I also experienced David's

excellence with his outstanding support in various complex sales management related activities."

Markus Schulze, Director of Technical Sales, Europe, Catalyst Semiconductor, worked with David at

Catalyst Semiconductor

"David is a great leader who knows how to get others motivated and focused working toward a common goal.

His energy and positive outlook help employees through challenges and tough times."

Kobi Berkman, Director of IT, Catalyst Semiconductor, reported to David at Catalyst Semiconductor

"David is an exceptional CFO with demonstrated ability to impact profitability through strategic cost

management and expense reduction. He was instrumental in promoting Catalyst to the IR community and

played a key role on the management team in orchestrating a successful acquisition."

Sherry Hill, Director, Marketing & IR Communications, Catalyst Semiconductor, Inc., worked with

David at Catalyst Semiconductor

"David Eichler is an efficient finance professional. He provides excellent leadership and understands the

urgency of getting the job done correctly the first time. He totally transformed the Catalyst Semiconductor

finance operation from a less than adequate operation to a very well managed financial operation."

Glen Possley, Independent Director, Catalyst Semiconductor, Inc., managed David indirectly at Catalyst

Semiconductor

"Dave is a great leader. He is technically (GAAP and Public Company Management) excellent and works

well with all levels in the organization. Under Dave's leadership, our finance organization (and Company)

thrived."

Steve Miller, Corporate Controller, Catalyst Semiconductors, reported to David at Catalyst

Semiconductor

Page7

"David is a very good CFO with a solid handle on all facets of the important CFO position. From my dealings

with insurance, David was thorough, asked good questions and made good decisions. I would recommend

David for a CFO or similar position, especially in the semiconductor or technology sector."

Mary Castiglia, Senior Vice President, TECHChoice Practice, Heffernan Insurance Brokers, was a

consultant or contractor to David at Catalyst Semiconductor

"Dave is a no-nonsense CFO who understands how to drive strategic value in a finance organization. Dave is

also a highly ethical and trustworthy individual."

Scott Taylor, Chief Admin. Officer, SVP & General Counsel, Phoenix Technologies Ltd., worked with

David at Phoenix Technologies

"David Eichler is a very credible and actionable customer friendly financial executive. I enjoyed my time

working with him as a business partner and we were a very successful business team. His style includes a

great combination of excellent business perspective along with a hard hitting analytic mind set."

David Gibbs, SVP & GM Field Operations, Phoenix Technologies, worked with David at Phoenix

Technologies

"I had the opportunity to work for Dave while at Phoenix Technologies under some very dynamic times –

several organizational restructures, new product strategy, board directed strategic alternatives search etc..

Through Dave’s leadership, the teams focused on the right areas at the right times, improved public reporting

products, and fostered excellent relations with auditors and audit committee. I look forward to the next

opportunity to work with Dave."

John Hardman, Senior Director, Corporate Financial Planning and Analysis (FP&A), Phoenix

Technologies Inc., reported to David at Phoenix Technologies

"I worked for Dave at Intellisync completing the SOX compliance work with him and the company’s outside

auditors just before the acquisition by Nokia. Dave came on board and quickly became aware of the issues

that faced the company in completing its year end audit and approval of SOX in order to allow the acquisition

to take place. I was very impressed with his quick grasp of all the issues, his rapport with his new staff and

their willingness to follow his lead. I enjoyed working for Dave; he is a high energy individual but aware of

the needs of the people who work for him. Intellisync hired a consummate professional who hit the ground

running and handled all the issues and facilitated the positive outcome – acquisition by Nokia."

Frank Cahill, CSA, SOX Consultant, Intellisync, Inc., reported to David at Intellisync, Inc.

Contact David on LinkedIn

Page8



Contact this candidate