I own a management consulting firm (Foretell, LLC) and serve as a Principal and Portfolio Manager for private equity firm, Meridian General, LLC. In this role I serve in various capacities including President, COO/CFO and Senior Analyst for acquired portfolio companies. I am currently serving as COO/CFO of PowderCoat Services and previously served as President/COO of Silver Spur Corporation for Meridian. Previous to consulting, I spent 25 years in progressive leadership roles for multinational corporations and portfolio companies of private equity groups. I am a strong team developer and confident leader with extensive experience in manufacturing and distribution industries across the Americas, Europe and Asia. I deliver repeatedly demonstrated results in driving companies into robust business and organizational models enabling near term and sustained profitability. I greatly enjoy challenging leadership positions that enable me to leverage my combined sales, financial and operational leadership skills is support of achieving an organization’s key objectives. 1. In addition to significant experience with major corporations, I possess strong independent company financial and operational leadership experience and successfully led the spin-off of a major ($300 million) ITT division into private equity ownership and management.2. I have both managerial and analytical experience across all key financial and operational disciplines including strategic planning, business development, budgeting, performance management, customer management, cash management, audit management, BOD communications, investor relations, and investment returns analysis and management, etc..3. I bring significant Mergers & Acquisition and major project leadership and management experience including deal management and major restructuring activities.
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Chief Executive OfficerForetell Apr 2014 - PresentBeijing, China And Los Angeles, CaOur firm, Foretell LLC, provides CEO, COO, CFO, CMO, Portfolio Management and Digital Marketing services to companies requiring short to mid-term company leadership and/or project management services. My partner and I at Foretell LLC have successfully served multiple manufacturing, retail and distribution industry leaders since 2014. In the most significant engagement of Foretell, LLC, we served in CEO, CFO and CMO roles for Naigai Mining Group with offices located in both Beijing, China and Xiamen, China. In this role, we were responsible for strategy development and execution, investor relations, sales and marketing, operations and financial management of the company with 12 mines and 3 production sites located throughout China. Since 2016, we have been serving as the Portfolio Manager for private equity firm, Meridian General, and provide COO, CFO and CMO services to the firm's portfolio companies leading acquisition, integration, growth and investment exit strategies and execution. -
Sr. Portfolio ManagerMeridian General May 2015 - Present
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Chief Executive OfficerNelson-Miller, Inc. Mar 2011 - May 2014Los Angeles, CaWe successfully completed the merger of two companies in 2011, Nelson Nameplate Company and Miller Dial, Inc. and renamed the combined company Nelson-Miller, Inc.. We completed two additional acquistion in 2012 and now operate from two highly capable facilities in Los Angeles, CA and Xiamen, China and serve ~ 1,500 customers while employing ~ 1,000 people globally.
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President & CfoCoactive Technologies, Inc Jul 2007 - Sep 2009Leading high-technology manufacturer of electronic components such as switches, connectors, joysticks, keypads and dome arrays. Provided management direction and leadership for all financial operations for a global company with 11 operation sites in the Americas, Europe and Asia. As President, held full responsibility for all Asia business operations comprising 30% of total company sales. Directed 11 Controllers, 1 CIO, 6 HR Directors, 3 Financial Analysts and 2 General ManagersLed transition of former $300M ITT division into a successful standalone company under private equity ownership.
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President Itt SwitchesItt Corporation Apr 2003 - Jul 2007President of ITT Switches (2006 - 2007)Management and leadership responsibility for all global business operations of $300M electronics manufacturing division. Direct reports included 4 General Managers, 1 Corporate Controller, 1 Engineering Manager, 1 HR Manager, 1 Corporate Development Director, 1 EHS Manager and 1 Corporate Counsel.Designed and implemented a divestiture and post-sale integration strategy and work plan resulting in successful division divestiture to buyer who presently operates the former division as a successful "stand-alone" company.
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Vice President & General ManagerItt Corporation Apr 2003 - Jul 2007Asia (2005 - 2006)Complete management responsibility for all of company's Asia operations consisting of 2 technology centers, 4 manufacturing operations and 2 distribution centers in China, Singapore and Japan with annual sales budget of $200M and EBITDA budget of 15%.Designed and implemented strategy, built and led a team and executed business transition resulting in moving division from $17M operating loss to break-even within 18 months and ongoing profitability thereafter.Managed successful resolution of a site manager hostage situation.
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Vice President & Controller (Division Cfo)Itt Cannon / Itt Corporation Apr 2003 - Jul 2007(2003 - 2005)Responsible for all aspects of global financial and IT operations of a $700M world-wide division of ITT Corporation. Led and managed 24 Site Controllers, 3 Financial Analysts, 1 Corporate Development Director and 1 CIO.Planned and executed Sarbanes-Oxley implementation across 22 operating entities resulting in $700M division with significant previous financial control weaknesses passing all internal and external audits.
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Chief Financial OfficerMultek, Inc. (Flextronics) Nov 1999 - Feb 2003Global technology leading printed circuit board manufacturer. Served as CFO and VP of Corporate Development and lead the deal execution and integration of five major acquisitions adding $250M + annual sales to Multek. Lead all financial operation of this global $600M + company with operations in the Americas, Europe and Asia.
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Controller, Sr. Financial Analyst, Cos AccountantHewlett-Packard Apr 1987 - Nov 1999I worked for 12 years at Hewlett-Packard starting as a Cost Accountant for HP's Electronic Components Group where I became a Sr. Financial Analyst two years later. I then transferred to HP Puerto Rico and became Finance Manager of HP's highest volume PCBA facility. I was then transferred to Germany where I became Controller for HP's last remaining PCB Manufacturing Operation that was sold after three years to Multek/Flextronics.
David B. Education Details
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Finance And International Business -
Finance And Accounting -
IesEuropean History, German, International Business And Art History -
Saint Francis HighschoolGeneral Studies
Frequently Asked Questions about David B.
What company does David B. work for?
David B. works for Foretell
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David B.'s current role is Owner of Foretell, LLC.
What schools did David B. attend?
David B. attended University Of California, Los Angeles, Santa Clara University, Ies, Saint Francis Highschool.
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