Michael Stojda Email & Phone Number

Montreal, Qc, Ca

Montréal, Quebec, Ca

Founded & bootstrapped by a team of industry veterans, Exagens’ Behavioral Banking solutions enable community-based financial institutions to grow with their members/customers and win against big banks. They have been responsible for improving the financial lives of millions while simultaneously increasing engagement, digital sales, and adoption/usage, thereby improving financial institutions’ top line while delivering operational efficiencies to strengthen the bottom line. Our Behavioral Banking solutions fuse behavioral science (neuroscience, psychology & behavioral economics) and industry-leading data analytics & AI to proactively and emotionally engage people via compelling money-related experiences specific to their unique situation, catalyzing them to save, spend, borrow and invest wisely. As a result, Exagens and its solutions have received multiple industry awards including ones from EFMA, Celero and OCTAS and has been named a Cool Vendor in Banking by Gartner.

Montreal, Ca

Xaphan Group is a worldwide alliance of value-add Investors which provides companies with intellectual and financial capital to maximize their potential for success. The group partners with early stage businesses to fuel passage through the various stages of building companies; from prototype to sustainable and profitable revenue growth.

Montréal, Quebec, Ca

Spouse and father who helped raise two world citizens through learning, building, experiencing, understanding, traveling, playing and gardening... through good times and challenging ones

Took the company public (SPLX.OB now NASDAQ:NETE)Recruited to commercialize a portfolio of “raw” technology and transform the group from an academically-focused technology incubator into a high-tech public company. Within 60 days, completed a technology & product review, thereafter stopping development on 7 of 9 projects to focus on the most promising; in parallel began seeking OEM and licensing opportunities for non-core technologySignificantly reduced burn-rate and established business processes to improve resource utilizationNegotiated strategic partnerships to reduce go-to-market costs and increase product exposureSuccessfully sought and secured additional capital to fund the revised business & new product plan

Burlington, Ma, Us

Reporting to the President & CEO with full P&L responsibility, led the turnaround of Softimage, a 200+ employee division of Avid. Transformed a company which previously lacked direction and effectiveness and whose primary product had been poorly received in the market, by creating a new & bold strategic vision and systematically re-architecting and rebuilding the company to implement it. Within 15 months, established Softimage as the premiere product & service provider in its categoryDuring a period of economic recession and dramatic competitor price wars in a mature market, reversed the company’s previous 5-year trend of declining revenues and increasing losses and achieved profitability; grew overall revenue by 40%, and bottom-line impact to Avid by $.12/shareSaved $3.4m by re-negotiating major OEM/licensing contracts and streamlining the development and release process. Co-developed strategic international relationships with technology vendors and customers including Animal Logic, CCTV, Electronic Arts, ILM, Mental Ray, Sega, Sony, and UbisoftIdentified & initiated numerous product/technology licensing opportunities and M&A deals including the $44m acquisition of NxN to expand Avid’s vertical and horizontal revenue opportunities

Burlington, Ma, Us

Led the post-acquisition (of Softimage by Avid) process of rationalizing/integrating the two company's competing editing & effects products and the design of Avid's next-generation platformManaged a group with P&L responsibility for a portfolio of video editing, graphics, effects and animation productsExpanded Softimage|DS into a product family spanning multiple segments including the world’s first digital HD editing system. In under two years established DS as the category leader and achieved 54% annual revenue growth

Redmond, Washington, Us

Architect behind the $287m (9x revenue) purchase of Softimage by Avid in 1998 whose flagship product experienced a 23% decline in sales as a result of SoftimageIDS.Reporting to the President, orchestrated the transformation of a 3-year late and adrift product (Softimage|DS) into a unique and profitable video creation system by refocusing the product/business strategy into a newly created market segment within a mature industry. As “CEO” of the business, designed the overall strategy - product, go-to-market, customer support, training, operations, finance, partnerships, and global sales channel - and drove it’s worldwide implementationDeveloped a multi-million dollar business partnership with Intergraph to complete h/w development and jointly launch DS into the market, thereby undercutting the positions of established companies in the market. Negotiated OEM and technology agreements with companies including Sony Japan, Intel and MatroxWorldwide speaker and published author who played a key role in proselytizing the advent of computer-based uncompressed digital video infrastructure to the post-production industry

Burlington, Ma, Us

P&L responsibility for Avid's SGI systems-based editing and graphics productsCreated a business & product family architecture for Avid’s first high-end media products. Built & drove the cross-functional, multinational effort to design, develop and launch the products. After adverse company financial conditions resulted in the program termination, composed an exit strategy saving the company $6m in cash flow and lawsuitsInitiated and then translated extensive market research & analysis into an overall industry model encompassing company, user and competitive behaviors, practices and trends. Uncovered and characterized new opportunities translating this into MRDs, PRDs, and MVPs for future product developmentManaged the post-acquisition integration of two companies

Maynard, Ma, Us

Developed and managed the product strategy, launch and marketing of disk, tape & optical storage products in the computer networks market segment. Responsible for Business, Product and Marketing Plan development and implementation Grew the business from zero to $5m per quarter in under 12 monthsDevised a comprehensive product launch plan to introduce/brand/sell Digital products into non-traditional markets and channels; the core of the plan was subsequently adopted and successfully used by other organizationsCreated and executed strategies & programs to identify, recruit, develop, and incentivize one and two-tier distributors

Maynard, Ma, Us

Product team leader and champion for the VAX 4000 family of computers; coordinated and influence-managed a cross-functional team of Marketing, Product Management, Services, Manufacturing, Finance, Sales and Engineering managersInvented and developed a profitable $180+m annual business by developing synergies between competing business units and functional groups to develop, market and support a new type of shared computer networkSuccessfully managed, from concept to retirement, a profitable product line whose total revenue exceeded $1 billion. Restructured & streamlined an overlapping set of cross-business unit products into a coherent, product familyReduced VAX4000-500 development costs by 25% and release date by 4 months

Master Of Arts, Business Administration

Master Of Science, Industrial Engineering

Master Of Science, Operations Management

Bachelor Of Science, Mechanical & Aerospace Engineering