Michael Mccay Email & Phone Number

Medford, Massachusetts, Us

Six Red Marbles is an award-winning creator of innovative digital and blended learning programs. As the largest U.S.-based provider of Learning Experience Design™, content development, edtech and publishing services, we partner with publishers, schools, universities, foundations, and companies to develop interactive and engaging products that support personalized learning.Brought on to an executive team hired to turn the company around.As Chief Financial Officer successes included:• Reduced real estate expenses by 35% across the company’s six locations through space right-sizing, subletting unneeded space, renegotiating existing leases, and relocating to offices to less expensive locations.• Sought and negotiated credit facility to help manage cashflow.• Developed methodology for more accurate, rolling forecast to aide in the management of the company’s operations and finances.• Selected and implemented ERP/Project Management solution allowing for visibility and more efficient utilization of resources.The work of the turn-around team resulted in:• Bringing the company from losses to profitability in the first year.• Growing revenue by 90% over three years.• Exiting product lines that syphoned company resources.• Launching service offering for the Higher Ed space.• Moving the culture from serving as a vendor to serving as a strategic partner to clients.• Running the company through a successful sale process providing for an exit for the private equity partner.

Independent consultant providing financial and operational executive leadership for small to midsize technology and services companies during times of extensive change.• Served as interim CFO and/or COO for companies in turn-around stage or in search of M&A opportunities (both buy-side and sell-side):o Identified opportunities and presented risks, opportunities, financial models, organizational models to key stakeholders.o Proposed and negotiate deal terms.o Conducted due-diligence processes and presented findings.o Developed and implemented financial, human resources, technology and work productivity systems integration plans.• Selected and implement new ERP systems to allow for scalability• Developed measurement, reporting and forecasting models for internal and external reporting• Developed banking and lending relationships• Developed relationships with venture capital and private equity investors for funding of acquisitions or other growth strategies

One to One is a digital marketing holding company with subsidiaries in Boston, Baltimore, Reno, Salt Lake City, London, Sao Paulo and Singapore offering digital marketing consulting, marketing technologies, online media and usability research with over $120 million in annual billings.• As a key member of the executive team reporting to the CEO and Board of Directors, developed a Shared Services organization providing all areas of Accounting & Finance, Legal, Human Resources, Information Technology and Facilities for holding company and seven subsidiaries in the US, UK, Singapore and Brazil.• Responsible for designing, building and maintaining a financial and operational infrastructure for the holding company and subsidiaries to support a growth strategy that includes internal investing, financed growth and merger & acquisition activity.• Develop and maintain relationships with financial institutions, capital providers and investors to insure the availability of capital when needed to support strategic growth initiatives.• Provide financial leadership and guidance to business unit leaders to measure business unit performance against plan by developing and monitoring key financial and operational metrics and reporting including billability, utilization, realization, efficiency, profitability and growth.• Work closely with the CEO and company counsel on domestic and international M&A activity, evaluating acquisition targets, negotiating terms, and developing and implementing financial, operational and cultural integration plans for smooth and effective transitions of acquired companies.• Directed and managed One to One’s corporate IT & HR departments ensuring efficient use of resources, ease and reliability of communications, and deployment of work productivity tools.

Boston, Massachusetts, Us

Mba, Business, Infromation Technology

Bsba, Accounting And Business/Management