Don Kalkofen. Career Summary. Hardesty, LLC. Partner, Present

Transcription

1 Don Kalkofen Strategic Finance Executive with 15 years of leadership experience as CFO, 5+ years in financial consulting with leading high-growth software/technology companies, and a solid background with Big Four public accounting, Fortune 500, IPOs, startups, merger & acquisition integrations (M&A), and joint ventures. Record of accomplishment in driving operational improvements, revenue growth, bottom-line profits, and business expansion through finance-based decision-making, technology utilization, and financial management initiatives and solutions. Capital Strategies ROI Strategy Development Performance Measurement Matrix Leadership Financial Reporting & Analytics Auditing & Compliance Financial Modeling Crisis Management & Risk Mitigation Contract Negotiations Business Forecasting Quantitative & Qualitative Analysis Change Management Accounting Process Improvement - Spearheaded cost accounting improvements with a focus on strategic solutions that brought a new perspective on the relative success of business management practices and capital expenditures. Financial Reporting Improvement - Improved reporting accuracy, analyses, and efficiencies with incentives, backed by controls, talent, automation, and increased accountability. Mergers & Acquisitions Actively involved in dozens of complex highly regulated M&A and Private Equity Investments. Lead pricing, negotiations, agreement development and successful post acquisition integrations. Profit Improvement - Recognized for setting the stage for future growth by formulating fiscal and business decisions to boost cash flow and enhance customer service, while identifying cost and market drivers, building capital structures to fulfill business goals, and improving staff performance. Process Improvement - Deliver operational performance and business process improvements by developing and implementing innovative solutions to complex finance problems. Career Summary Hardesty, LLC Partner, Present Hardesty, LLC is a national executive services firm that provides on-demand financial management leaders to companies ranging from emerging growth to large public entities through a variety of flexible offerings. Our firm provides professional CFOs, treasurers, controllers and other financial management with deep operational management expertise.

2 X-Chemistry CFO Consultant, 2017 Served as member of the management team, financial reporting, investor relations, capital raise, strategic planning, operations, equity management, capital asset planning, private placement memorandum (PPM), and budgeting/forecast/modeling. Align Technology, Inc. Financial Consultant to CFO & Controller, Present Financial Consultant DeWinter Group Served as member of the Merger & Acquisition, SEC reporting, technical accounting, and GL accounting teams. Managed earnings release support, equity compensation, and payroll for a publicly traded global medical-device company with industry-leading innovative products, such as Invisalign with $1 billion annual revenues, leading edge healthcare/technology manufacturing and international operations. Directly contributed to recognition and proper recording of complex revenue by performing contract review and due diligence for the adoption of the new itero Element scanner. Senior Director on new Revenue Recognition (ASC 606) standard implementation and restatement project. Played a major role in large equity investment and related complex accounting and business management for SmileDirectClub. Marketo, Inc. Financial Consultant for Controller, 2016 Oversaw SEC reporting and technical accounting, proxy statement, earnings release, complex accounting transactions, and Audit Committee support for a leading provider of engagement marketing software and solutions. Dramatically improved executive reporting and alignment of operating plans, forecast, and strategic goals by implementing a cohesive reporting strategy focused on in-depth analysis and distribution of information. Simplifier Corporation CFO/President Consultant, Startup company founder led a team of developers designing a new-generation expense reporting enterprise SaaS accounting solution. Served as President and CFO, delivering collaborative and predictive analytical expense reports, and providing a complete 360-degree view of the expenses and vital analytics. Interfaced with key Silicon Valley executives, venture capitalists, investors, and professionals. Developed a next-generation expense reporting enterprise SaaS accounting solution designed to reduce company operating costs by up to 75%, while improving compliance and lowering T&E fraud occurrences. Upon launch, would have enabled companies to centralize the detailed accounting process, lower costs, and improve data accuracy and employee communications by integrating distinctive built-in tools. Designed a unique calendar-based UI in an effort to simplify data entry for all clients and substantially improve data quality and manager review efforts.

3 Symatec Corporation Director of Accounting & Financial Consultant for Controller, Managed all Equity Compensation and Global Payroll Accounting across the U.S. and globally with 15,000 employees in 35 countries. Directed Stock-Based Compensation team and consulted for SEC reporting 10-K/10- Q, Proxy and earnings, ASC 718 and EPS reporting, technical accounting research, and international reporting and support. Streamlined accounting operations by collaborating on M&A, divestitures, joint ventures, and internal restructuring. Ensured regulatory compliance with accountability for new rules and regulations for SEC, GAAP, statutory reporting, and SOX. Assured accuracy and transparency by reviewing foreign statutory financial statements as prepared by the Statutory accounting team. Union Bank Vice President & Financial Consultant Controllers Division, Developed and implemented standard operating procedures and best practices to improve SEC 10-K/10-Q reporting for a $100 billion asset Bank with over $3 billion in annual revenue. Hired, trained, and developed financial reporting staff. Ensured compliance with the International Accounting Standards Board (IASB) by working on IFRS accounting and International reporting for parent company. Mitigated risk by researching, implementing, and managing new accounting pronouncements and XBRL reporting requirements with RRDonnelly. Increased process efficiencies by leading initiatives in the Hyperion (HFM, DRM, OBIEE) and PeopleSoft systems conversions. Improved complex financial reporting, while managing SOX accounting and financial controls. Innovative Bank Pacific State Bank Chief Financial Officer Consultant, CrownPoint National Bank Brought in to lead accounting and financial reporting teams and to help troubled institutions through challenging times. Entrusted with Board work, capital raising, compliance updates, policy establishment, and regulatory liaison. Established and implemented accounting and systems, and prepared all groundwork for company in process of formation for a start-up Community Bank CrownPoint National Bank. Paved the way for smoother integrations and overlap of new systems and processes by overcoming numerous roadblocks to support its risk profile, operations, and future growth. Collaborated with the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) and state agencies to ensure compliance from regulatory authorities. Pinnacle Bank Executive Vice President& CFO, Managed all facets of Information Technology and accounting for $100 million asset community based bank, including all GAAP, FASB, financial, Board, shareholder, bank audit, and operational, internal and external

4 compliance, budgeting, financial and regulatory reporting. Led strategic planning, board, and audit committee meetings. Hired to offer new insight and vision to finance issues and strategies the institution was facing. Played instrumental role in bank raising over $10 million in Initial and Secondary Offerings. Directly contributed to staff taking on more advanced challenges to achieve the day-to-day financial goals. Investor Relations Lead; prepared and presented investor relations presentations and communications to parties. DecisionPoint Applications Chief Financial Officer, Laid financial groundwork for a potential IPO and established SOX controls for a venture-funded software development company, a spinoff from Sequent Computer Systems, focused on Oracle application financial products. Managed financial areas of reporting, tax, planning, and audit-related services. Raised $10 million in new private equity financing, post dot-com bust for the market leader in financial consolidation, analysis, and reporting. Recognized for achieving enterprise-wide financial transparency as the critical element companies require to effectively manage corporate performance. Improved controls around software revenue recognition, accounting, and sales contract review. Allowed executives to pull key financial and performance data from corporate information systems and improve access to and utilization of Oracle products. Ensured compliance by managing all financial reporting, GAAP, Auditors, Board, and management reports. West Coast Bancorp/West Coast Bank Executive Vice President & CFO, Successfully completed six Merger & Acquisition transactions, restructuring activities, and takeover strategies for a $2 billion multi-bank Holding company. Directed Information Technology areas and accounting for GAAP, FASB, SEC, financial, tax, board shareholder and regulatory reporting, strategic planning, budgeting, forecasting, interest rate risk, and liquidity management. Led company through Public Offering and initial NASDAQ reporting during company expansion from $90 million to $2 billion in assets. Played integral role in leading successful and profitable integrations of newly acquired businesses. Served as key member of executive management team, facilitating Board meetings and Audit Committees. Managed Investor Relations added significant analyst coverage and investor interest. Education Certifications and Affiliations Certified Public Accountant Washington State University / BA Accounting Chartered Global Management Accountant

5 Affiliations PriceWaterHouse Coopers (PWC) Alunmi Former E*trade, Equity Edge Online Advisor Board Member Member, American Society of Certified Public Accountants Member, Oregon Society of Certified Public Accountants Technical Skills Honors Graduate, Bank Administration Institute Madison, WI Expert in Microsoft Office Suite (Excel and Word) Experienced in Oracle R12/R11i (HFM & OBIEE), SAP, PeopleSoft, Cognos, Essbase, Business Objects, Equity Edge Online, ADP, WorkDay, Talent2, Concur