David Penner Email & Phone Number

Coventry, England, Gb

Meggitt Safety Systems is an aerospace defense contractor in Simi Valley, CA, primarily focused on fire detector and sensors for aircraft. MSSI is a division of Meggitt PLC, a multinational public company based in the U.K.Currently I am responsible for preparation of the monthly financials, budgets and forecasts. I joined Meggitt as a contractor in April 2009 and have joined them as an employee in September 2009.

Barcelona, Barcelona, Es

TMB is an international distributor and reseller of lighting and audio equipment to the entertainment production and architectural lighting industry, with revenues of $50 million.• Sourced new equity and financing for the company• Managed banking and outside accountant relationships• Significantly improved quality of financial reporting through staffing changes and review process• Implemented cash management process• Established key performance indicators• Handled risk management functions• Managed the company’s accounting, inventory management and information technologies departments

Fremont, California, Us

Optical Communication Products, with revenues of $70 million, is a leading designer and manufacturer of fiber-optic communication components and sub-systems.• Prepared 10-Q’s and 10-K, including coordination with external auditors• Implemented internal management reporting, including providing better insight to customer and product profitability.• Consolidated financial results for international operations.• Managed accounting for stock-based compensation under SFAS No. 123(R).• Managed SOX project for U.S. and Taiwan entities• Prepared accounting research and technical memorandums• Responsible for assessment of goodwill and long-lived assets for impairment• Coordinate preparation of tax returns and FAS 109 and FIN 48 analysis with external tax accountants• Completed due diligence on recent minority investment• Involved in the process of selling the Company to Oplink Communications, Inc. in October 2007

• Helped design and implement a business control framework across the organization based upon the COSO model. • Developed Process Control Models to identify key and non-key controls for all processes.• Helped draft the company’s code of business conduct.• Created a global Control Environment Questionnaire.• Facilitated domestic and international senior management risk assessment workshops and training for process owners.• Implemented and used a web-based SOX tool (BWise) to retain documentation, assessments and reports.

• Annual sales of $20 million• Helped facilitate sale of Nielsen EDI to ACNielsen in 1997 (subsequently acquired by VNU in 2001).• Responsible for worldwide financial and administrative operations.• Implemented new budgetary and financial controls.• Negotiated office lease, worked with architect and general contractor and coordinated relocation for the company’s Hollywood office• Restructured the company’s pricing matrix, resulting in a 15% growth in revenues.• Negotiated new contracts with vendors, resulting in significant reduction in operating expenses.• Supervised staff of two.

• Managed all financial and administrative aspects of Marvel Comic’s domestic licensing, advertising and promotional activities.Vice President & Chief Financial Officer - Malibu Comics Entertainment Inc. • Responsible for facilitating the sale of Malibu to Marvel Entertainment Group in 1994.• Responsible for all financial aspects of the Company, including financial reporting, budgeting, financial planning and banking relationships.• Handled various operational and business functions of Malibu.• Established and maintained financial policies and procedures, internal controls and financial investment decisions.• Oversaw office service, payroll and personnel functions.• Supervised a staff of ten.

• A publicly held diversified international entertainment company, including two home video distribution divisions and a specialty retail division, with annual sales of $700+ million. • Responsible for development and preparation of the company’s strategic and business plans.• Responsible for public reporting, including preparation of Form 10-K and 10-Q filings, along with annual report to shareholders.• Integrally involved in Company’s financial restructuring during 1993.• Coordinated preparation and dissemination of monthly management reports, including data submitted to the Company’s Board of Directors.• Initiated cash management programs at divisions.• Monitored compliance with Company’s multiple bank credit facilities and public notes.• Responsible for business plan and financial forecasting for the home video subsidiary of LIVE Entertainment.• Participated in all SEC filings, including S-1 registration of $110 million Senior Subordinated Notes for parent company.

• Handled financial and tax reporting for privately held real estate syndication and asset management company • Assisted in preparation of private offering circulars.• Responsible for asset management functions.

• Controller for a publicly traded defense contracting company

Worldwide, Oo

• Serviced major defense contracting and real estate clients

Worldwide, Oo

B.S., Business Administration

Education record