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Financial Executive

Location:
United States
Posted:
July 03, 2016

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Resume:

DAVID C. RENNER

*** ***** ****

North Wales, PA *9454

Cell 215-***-****, Home 215-***-****

lvvhuo@r.postjobfree.com

SENIOR FINANCIAL EXECUTIVE

Corporate and operations finance oriented executive who combines strategic business vision with financial management expertise to maximize profitability and shareholder value. Solid track record of success with high technology, fast-paced, and rapidly growing companies.

MAJOR HIGHLIGHTS

Proven CFO – Financial executive for a high technology startup company through its IPO, Sarbanes-Oxley implementation and acquisition valued at $250MM.

Capital Markets – Key management team member in two high technology IPOs and two follow-on offerings. Established relationships with top-tier investment bankers and analysts.

Mergers & Acquisitions – Led due diligence and integration on 16 high technology mergers and acquisitions with an aggregate valuation of approximately $10 billion.

New Business Start-up – Financial lead on organizing start-up company to become profitable within 3 years in highly competitive optical telecommunications market.

Transformational Change – Optimized cost structures to enable continued revenue and profitability growth.

Strategic Planning – Developed dynamic financial business model for fast-paced technological and market growth.

PROFESSIONAL EXPERIENCE

OPTIUM CORPORATION 12/2001 - 2/2009

A leader in programmable optical subsystems for the high speed telecommunications industry. NASDAQ listed (OPTM). Acquired by Finisar (FNSR) August 2008.

CFO, Vice President Finance & Administration (Horsham, PA) 12/2001 - 2/2009

• Led Financial team that scaled business from start-up to $180MM profitable company.

• Established and developed Accounting, Finance, IT, HR, Investor Relations, and Internal Audit functions.

• Extensive experience in developing and executing financial forecasts through very detail knowledge of cost structures, manufacturing processes, and supply chain.

• Analyzed, researched, participated in negotiations, performed due diligence, and integrated the acquisition of two international organizations.

• Key executive for NASDAQ IPO October, 2006 including road show and writing S-1.

• Presented at analyst conferences, met regularly with investment community.

• Prepared investor presentations, wrote quarterly earnings call scripts.

• Led all audit committee meetings.

• Orchestrated merger with Finisar working directly with investment bankers, due diligence teams, and Board of Directors.

• Implemented Sarbanes-Oxley and established entire value-added internal audit function.

• Prepared and presented business plans and financial statements to Board of Directors, venture capitalists, and investment bankers.

• Recruited, developed, coached staff in all F&A functions.

• Implemented world-wide financial reporting systems, policies and procedures.

• Primary financial contact for Board of Directors and Audit Committee.

JDS UNIPHASE CORPORATION 2/1991 - 12/2001

The leader in the development of the optical telecommunications component industry, NASDAQ listed (JDSU). The company grew in revenue from $20M to $2.5B during tenure.

Director of Finance, Financial Shared Services (San Jose, CA) 6/2001 - 12/2001

• Created financial shared services organization and converted 12 business units in four months to one G/L, A/P, A/R, Payroll, Fixed Asset Ledger and Financial Close.

• Project managed very complex multi-site Oracle implementation.

Director of Finance, Administration & Controller (Horsham, PA) 3/1998 - 6/2001

• Division CFO which grew internal start-up from $20M to over $400M during tenure.

• Extensive experience in managing the business to meet forecasts through very detailed financial planning and operations management.

• Served as Enterprise Finance Track Lead for organization which led entire company’s IT system conversions.

• Created and managed local Accounting, IT, and HR organizations for multiple divisions.

Division Controller (San Jose, CA) 2/1994 - 3/1998

• Designed and managed accurate monthly and annual forecasting models.

• Managed the consolidation of seven business units encompassing the division.

• Performed all financial due diligence activities on both public and private M&A transactions and led the integration efforts of 13 acquisitions, many of them in Europe.

Corporate Accounting Manager (San Jose, CA) 1/1993 - 2/1994

• Liaised with attorneys and investment bankers on IPO and two follow-on offerings.

• Wrote 10Q’s, 10K’s, and various 8K’s.

• Prepared S-1 and S-3 registration statements.

• Managed all accounting functions and company consolidation of four divisions.

Senior Accountant (San Jose, CA) 2/1991 - 12/1992

• Designed and set-up standard cost systems to compliment JIT back-flush manufacturing.

• Created inventory reconciliation process that significantly reduced inventory write-offs.

AFFILIATIONS

Financial Executives International (FEI)

EDUCATION

University of San Diego, BA in Business Finance, 1991



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