Douglas Turnquist Email and Phone Number
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Since beginning my career with Ernst & Young and IBM, I developed a diverse background of experience having served in executive management positions within a variety of industries, including medical device, software, hardware, services, material science and post-secondary for profit education. Prior to founding Thermimage in early 2007, I was Chief Operating Officer of FCNH, Inc., a division of Steiner Leisure Limited (NYSE:STNR). I was placed into this position after successfully completing the ‘sell-side’ acquisition of UCMT, Inc. by Steiner Leisure Limited in early 2006. Prior to joining Steiner/UCMT, I was President and CEO of Webmiles, Inc. which sold to a $500 million loyalty marketing company in early 2003. Before assuming the role of President and CEO at WebMiles, I served as Vice President of Finance and CFO of WebMiles. Other past positions include being former President/CEO of Diamond Seal, Inc., a leader in the development and distribution of hydrophobic coatings for use in the glass industry; Vice President of Finance/COO of Onyx Graphics Corporation, the world leader in the development of large format digital printing software; Vice President of Finance and CFO for Cache Computers, Inc., a developer and manufacturer of computer motherboards and chip sets; CFO and Director of MIS for Micronics Computers, Inc., managing the company’s financial and systems growth, eventually resulting in a successful IPO. I received a BS degree in Accounting from Utah State University and an MBA from Pepperdine University. I am a member of APICS and the IMA, have received my CPIM certification, and am a past member of the Young Presidents Organization (YPO).Specialties: Expertise: Strategy Development & Execution, Turnaround, Mergers and Acquisitions, Private Equity, Venture Capital, Fund Raising, High Growth, New Ventures, Start-ups.Industries: Medical Device, Internet Services, Private Post Secondary Education, Material Science, Computer Software, Computer Hardware
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President & CeoThermimage, Inc. Feb 2007 - PresentSalt Lake City, Utah, UsIn charge of the development and commercialization of a new medical device technology. The device will displace the long established method of diagnosing Vesicoureteral Reflux (VUR), the Voiding CystoUrethroGram (VCUG), with the initial focus on pediatrics. The device will provide significant advantages over the use of the VCUG in the areas of comfort, safety, and cost, is non-invasive and will be available for use in clinics and doctors offices where the VCUG is not available.
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Advisory Board MemberInnoventures Capital Partners (Utfc) Jan 2005 - PresentUs -
ConsultantT.H.E., Llc Jan 1993 - Feb 2007Wilmington, De, UsA Professional Services Company providing business consulting to growth companies located in the western United States. Engagements focus on entities ranging in size from $5 to $100 million in annual revenue. Utilize experience in finance, operations, market development / channel development and product distribution to develop and implement company-wide efficiencies and economies. Most recent engagement (2004-2006) - contracted to prepare an entity for significant growth from $30 million to $100 million, culminated in driving the execution of a strategic exit through acquisition by a public entity. Past engagements include tactical and strategic financial consulting, strategy development and general business consulting. T.H.E. is utilized to provide valuable services and keep abreast of market trends and activity while searching for my ‘next’ opportunity to add value on a full-time basis. -
Chief Operating OfficerUcmt, Inc. Jun 2006 - Aug 2006COO of for profit private post-secondary education division reporting directly to CEO of parent NYSE company. Full P&L responsibility for 7 campus operations in four states. (after completing the 'sell side' transaction as a consultant, hired by the acquiring company to run the ongoing business.)
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President/CeoWebmiles, Inc. Apr 2001 - Dec 2002DeTurnaround venture taking the company from burning over $1 million per month to cash flow positive and profitable in 9 months. Sold technology to $500 million loyalty management company. Turned the company around from burning over $1 million per month to becoming cash flow positive and profitable Increased revenues by over 100% while reducing expenses by over 50% in 9 month period Secured over 60 leading retail partnerships including Krogers Grocery, AVIS and MCI Decreased cost of customer acquisition by 90% Sold the company to $500 million loyalty marketing company -
CfoWebmiles, Inc. Dec 1999 - Apr 2001DeJoined as CFO to facilitate fundraising efforts ($45 million raised), implement process and controls and prepare the organization for substantial growth. Promoted to President/CEO in 2002 to facilitate a turn-around and execute an exit strategy, which was successfully completed. Decreased cost of customer acquisition by 90% Sold the company to $500 million loyalty marketing company Negotiated successful launch of co-branded credit cards with VISA and MasterCard Implemented corporate strategic planning initiatives Oversaw the development of the complicated financial risk/redemption model
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President/CeoDiamond Seal, Inc. Jun 1994 - Jun 1999Developed the business from inception through R&D (3 patents), into marketing and education of the customer base and product end-users. Grew revenues at over 100%-annualized rate for 5 consecutive years. Converted the business model from a direct sales/company owned operational plan to a license based strategy that included site licenses, OEM licenses, and franchise operations. Sold over 50 licenses throughout the United States within twenty-four months of offering
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Coo, Vice President Of FinanceOnyx Graphics Corporation Jan 1992 - Jun 1994Salt Lake City, Utah, UsTwo consecutive years of revenue growth exceeding 115% per year. Achieved world-wide market leadership position with a larger installed base than all competitors combined Transitioned from a systems integration company to a software distribution company. Financed high growth rate with debt, debt to equity conversions, and equity infusions. Merged with a Silicon Valley hardware manufacturer. -
Cfo, Vice President Of FinanceCache Computers, Inc. Jan 1991 - Dec 1992Grew revenue from $500,000 to $40 million in less than two years. Raised $2.5 million in equity and subordinated debt through venture and private investments.
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Controller/Acting CfoMicronics Computers, Inc. Sep 1989 - Sep 1991IPO in 1991. Grew revenues from $25 million to $140 million in 18 months. Facilitated the private placement of a $5 million bridge financing to satisfy the company’s cash flow needs through IPO
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Manufacturing Systems ConsultantErnst & Young Jan 1988 - Sep 1989London, Gb -
Technology Cost AnalystIbm Jan 1986 - Sep 1987Armonk, New York, Ny, Us
Douglas Turnquist Skills
Douglas Turnquist Education Details
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Pepperdine Graziadio Business SchoolMba -
Utah State UniversityAccounting
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Cottonwood
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Taylorsville High
Frequently Asked Questions about Douglas Turnquist
What company does Douglas Turnquist work for?
Douglas Turnquist works for Thermimage, Inc.
What is Douglas Turnquist's role at the current company?
Douglas Turnquist's current role is CEO - Thermimage, Inc. (Medical Device Company).
What is Douglas Turnquist's email address?
Douglas Turnquist's email address is do****@****pus.net
What is Douglas Turnquist's direct phone number?
Douglas Turnquist's direct phone number is +180120*****
What schools did Douglas Turnquist attend?
Douglas Turnquist attended Pepperdine Graziadio Business School, Utah State University, Cottonwood, Taylorsville High.
What skills is Douglas Turnquist known for?
Douglas Turnquist has skills like Start Ups, Venture Capital, Mergers And Acquisitions, Strategy, Strategic Planning, Management, Private Equity, Medical Devices, Leadership, Business Development, Business Strategy, Product Development.
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