John E. Drake Email & Phone Number

California, United States

Newport Beach, Ca

Teamed with founder and President to re-engineer business model to expand into SaaS services, recruit top talent, partner with a PE sponsor and complete an acquisition. Expanded company revenue streams to include subscription services, video streaming, and ad monetization. Learned a lot while working with a great team.

Orange County, California Area

John Drake is a CFO Partner for Hardesty, LLC, an executive services firm specializing in providing just-in-time, experienced CFOs for interim assignments, special projects or placement. CFO level advisor/performer to mature businesses assisting founders on various aspects of business model, funding and investor presentations, and financial operations -- a few projects: o Software technology and services firm - as interim CFO, prepared books for y/e review, assisted CEO in overall management, set-up F/T controller for successo Medium size packaging manufacturer - assisted President and iBankers in completing sale transaction (>$75M)o Early stage diagnostic medical device firm – assisted in $1M raiseo Assist PE firm in preparing portfolio company for sale - work due diligence checklist, organize information, identify deficiencies and fixes, build virtual data room (>$300M)

Orange County, California Area

Interim CFO to private, consumer auto finance company. Managed financial resources and accounting functions for consumer auto finance company as it transitioned from Southern California footprint into several states. • Transitioned company’s accounting processes and practices to national accounting firm standardso Successfully implemented new accounting processes for revenue recognitiono Developed more complete and robust performance measurements for static pool losses and origination activities which enabled better loan pricing• Supported founder in raising mezzanine capital and increasing warehouse lines

Interim CFO to private, early stage and middle market companies.

Managed financial resources and accounting functions for international wholesale paper distributor with revenues to $1B. Performed this role from independent company (1999 to 2003) to acquisition by private equity firm (2003 to 2010). Successfully and seamlessly transitioned role while position moved out of state, Q3 2009 - Q1 2010. Merged with Unisource, acquired by Bain Capital, Q3 2003 - Q2 2009.Re-engineered back office operations as needed to accommodate growth.Planned and merged another parent company division into firm (+$200M sales).Oversight for major system upgrades (Microsoft - Dynamics Navision)Managed all accounting functions, credit/collections, IT, budgeting.Prepared company for extensive due diligence related to acquisition by PE.Obtained/negotiated revolving credit agreements ($50M - $70M)Developed/managed complex commission programsSupported UK/MXN overseas operations (EUR, GBP, MXN, CAD)Reporting to foreign tax agencies (VAT, IVA)Performed as chief credit/risk manager. Extensive experience with BK and preference issues. Participated in management buyout, converting to ESOP/operate as ESOP.Recruited/built accounting team of 25Primary negotiator in numerous legal proceeding (preference, state audits)Experienced in managing communications and interaction with outside stakeholders.

Venture capital backed software products firm. Interim CFO during venture financing round (>$10M)

Managed the financial resources and accounting functions for start-up software development company. One of four founders who created company. Raised equity investment capital ($1M to $2M) (angel investor).Negotiated customer development agreements (up to $1M).Built accounting systems and business processes.Contributed across organization in areas of marketing, consulting and implementing software assessment methodology.

Mba, Accounting

Ba, Economics

Activities and Societies: ATO fraternity