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DAVID YODKOVIK
Thousand Oaks, CA 91362
[email protected]
(805) 558-8737
GLOBAL CFO Global CFO with extensive experience in key financial leadership roles and strategic planning with focus on privately owned mid-size companies.
Private Equity Cost Control Cash Management Strategic Planning Debt Restructuring ERP Implementation
ONESTOP, Canoga Park, CA
2008 - 2011
Privately owned, $15 million distributor of Technology Products & Office Supplies to small and midmarket companies.
Chief Financial Officer
Direct all financial operations, including reporting, analysis, cash management and Banking relationship. Extensive leadership role in operations, strategic planning and market share expansion. Nominated to the Top 100 CFO Of The Year in 2010. Negotiated over $1.2 million in Line of Credit, term loans and equity financing. Led the re-sourcing of the company principal product line. Saving over $ 0.8 million annually. Negotiated new 3-year contract with a top vendor, reducing expenses by over $1.5 million. Introduced new product lines, contributing additional $0.3 million in sales annually. Financial Lead in the selection and the implementation of an online fulfillment system. Led a premium product branding campaign, increasing market share by over 25%.
VITESSE SEMICONDUCTOR COMPANY, Camarillo, CA
Multi-national Semiconductor manufacturing company with annual revenues of $240 million.
2007
Corporate Controller Managed the financial reporting and analysis activities of all foreign and domestic entities, as well as consolidations, forecasting, cost accounting, Sarbanes-Oxley, audits and tax returns. Re-structured the finance and accounting department, saving $0.4 million in consulting fees. Led the identification and disposal of $8 million of obsolete inventory. Renegotiated the company’s insurance policies, reducing premiums by $0.3 million annually. Lead in the selection of the future ERP system, saving $0.8 million in implementation expenses. Key member of the executive team tasked with restatement of prior 3 years financial statements.
STRAVINA OPERATING COMPANY, LLC., Chatsworth, CA
2002 to 2007
Privately owned, $110 million consumer goods company selling products and services to leading retailers including Wal-Mart, Target and Toys R Us. Vice President Finance (Interim CFO) Directed all financial reporting and analysis, audits, planning, budgeting, forecasting, cost accounting, cash management and treasury activities. Financial lead in the acquisition of a $20 million premium pet accessories distributor.
David Yodkovik
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Implemented company-wide cash controls, refinanced a $30 million credit agreement. Executed a companywide restructuring, saving over $0.8 million in G&A expenses. Consolidated and restructured the company’s supply chain, to save $0.8 million annually. Tightened inventory controls and implemented a company-wide standard costing. Led a $1million implementation of the financial modules of the MFG-PRO ERP system.
DIODES INC., Westlake Village, CA
Publicly owned, $150 million multi-national semiconductor manufacturer/wholesaler.
1997 to 2002
Controller
Directed all SEC reporting, forecasting, analysis, cost accounting, operating and capital budgets, contract negotiations, banking relations and risk management activities. Led a $3 million implementation of the financial modules of the ORACLE 11i ERP system. Financial lead in an acquisition of a $30 million wafer fabrication plant and an R & D center. Negotiated a $2.5 million agreement with 3rd party logistic centers in the Netherlands. Led a successful implementation of the ISO 9000 certification
DTS INC., Westlake Village, CA
Privately owned, $30 million designer/manufacturer of surround sound systems. Sr. Financial Analyst: Provided financial analysis & forecasting support to the CFO. Implemented an Equipment Warranty tracking system. Designed and implemented consolidated budgeting and forecasting system.
1996 to 1997
DOAR INC., Carlsbad, CA 1987 to 1996 Owner/CEO: Founder of $2 million profitable business providing shipping & packaging services and supplies to small businesses.
Negotiated for financing of $0.4 in equipment leasing and consignment inventory. Developed and executed sales & marketing plan, increasing revenues by 25% annually. Designed and implemented new store merchandizing racks, maximizing product display.
DOLE PRODUCE INC., La Jolla, CA 1980 to 1987 Division Controller: Directed all the financial reporting, analysis, and contractual activities.
Negotiated, Set up &managed $72 million joint ventures with produce growers in Mex. & CA. Collaborated in the design/production/marketing of the premium Dole branded produce.
EDUCATION Masters in Business Administration: University of Michigan, Ann Arbor, Michigan. Masters in Aquatic Biology: BS in Fisheries and Wildlife:
Oregon State University, Corvallis, Oregon Michigan State University. Lansing, Michigan
1980 1978 1976
ADDITIONAL PROFESSIONAL SKILLS
SIX SIGMA training Oracle 11i EDI Implementation MAS90/200 eCOMMERCE Solutions SalesLogix – CRM
___________________________________________________________________________________________________ Cell: 805-558-8737 E-mail:
[email protected]