Mike Borton Email & Phone Number

Pittsburgh, Pennsylvania, Us

Combination of HackEDU and Security Journey cyber security technology SaaS companies focused on changing human behaviors in the application development community. Security Journey is a Saas platform that trains software development teams how to write more secure code. The number of new software security vulnerabilities increased 59% between 2021 and 2022. None of the top 50 university coding programs require application security classes. Developers know less than most people think about creating secure applications. Instead they focus on functional applications. Security vulnerabilities are caught after the code is in production, putting companies at significant security risk. This is a growing problem being addressed reactively instead of proactively. Security Journey’s secure coding training has improved developer security knowledge as much as 85%.

Mclean, Virginia, Us

Houston, Tx, Us

NYSE public company. Trading: FTKFlotek is a ESG focused technology driven chemistry and data sensors analytics company serving customers in industrial, commercial and consumer end markets. Recruited back to the Oil & Gas industry to assist post-acquisition of a data analytics technology company. Multiple years of accounting records clean-up and including getting several Material Weaknesses identified during the cleanup process resolved and removed from the auditor comments. Company raised a $21.5 million PIPE in February 2022 and another $20 million a few months later. Company signed a $2 billion, 10-year supply contract for providing chemical technology to ProFrac (ACDC) in exchange for $60 million convertible debt.

Boca Raton, Fl, Us

Dynasty Sports & Entertainment, Inc. is a provider of ticket pricing, yield optimization, distribution, ticketing tools and data analytics software and services for rights holders and ticket brokers. Primary customers are professional sports teams, NCAA, universities, bowls, concert venues and other live event markets.

Pittsburgh, Pa, Us

Wombat acquired by Proofpoint for $225 million plus cash and working capital in March 2018. Company had raised slightly more than $10 million. Exit provided exceptional returns for shareholders, founders and employees.Wombat Security Technologies is a rapidly growing international provider of information security awareness and training cloud based software to help organizations teach their employees secure behavior. Their SaaS cloud based cyber-security education solution which includes an integrated platform containing broad assessments, a library of simulated attacks and brief interactive and game based training modules, to reduce employee susceptibility to attack, even phishing attacks, up to 90%. Wombat also uses machine learning technology to prioritize end user attacks. Founders are faculty of the Carnegie Mellon University. Wombat is helping medium to large enterprises (Global 2000) in a wide range of industries to reduce their risk and strengthen their cyber security defenses by changing the behavior of their employees.Wombat has experienced extraordinary growth in ARR (900%) growing ARR from $5 million to $50 million+ in three years, gross margins (+6%), EBITDA (+70%), with improved net retention rates (+20%) through upsells, multiple year contracts and higher renewals. EBITDA positive last 8 quarters. Implemented NetSuite, Gainsight, Salesloft and CPQ.Deloitte Fast 500 - Rankings - 2015 (#104), 2016 (#147) and 2017 (#135) Customer Acquisition Costs (CAC) payback less than 8 months using high velocity inside sales model.International Expansion - opening entities in UK and Singapore.Completed the acquisition of ThreatSim (October 2015).Successfully closed a new Venture Debt round (Escalate), increased AR Line (Bridge Bank) and Series B1 expansion round (October 2015) with existing investors.Role responsibility included finance, accounting, facilities, HR, contracts, SecOps, IT, salesforce, bank, auditors and board management.

Leading Health and Human Services IT SaaS solution provider to the Long Term Care Market (primarily Aging, Intellectual Disabilities and not for profits).Recruited by investment group to turnaround organization. Pivotal and comprehensive role involving all aspects of portfolio company (products, business processes, IT, HR accounting, reporting processes and organizational structure). Transitioned revenue stream to recurring (SaaS) from perpetual/custom engineering; exponentially improved gross retention (96%+), margin (61 to 78%) and EBITDA (from a 40% loss to positive 25% of revenue) improvement. Cited by Deloitte as FAST 500 Company for revenue performance and growth (Annual Recurring Revenue tripled). Implemented NetSuite. Positioned company for successful sale for investors (5 times book value), with multiple offers from strategic and financial buyers.Elevated company reputation, winning six straight Federal and State RFPs for Long Term Care (Aging and Intellectual Disabilities), funded by Affordable Care Act, against larger competitors. Negotiated complex bank financing to payoff acquisition debt. Implemented new culture; completed integration of Synergy acquisition.Role responsibility included finance, accounting, facilities, HR, contracts, GSA schedule, bank, auditors and board management.

Mclean, Va, Us

Global provider of Business Intelligence Software.Fueled transition from founder led financial management and accounting to US GAAP; completed successful first audit. Closed acquisition of SaaS-based BI company. Secured additional Series A -1 funding. Implemented business and cash planning model; simplified pricing structure.Role responsibility included finance, accounting, facilities, HR, contracts, foreign exhange, banks, auditors and board management.

Us

International provider of automated IT security audit and compliance management software to the Global 2000, with over 350 customers in over 30 countries addressing Sarbanes-Oxley, HIPAA, Basel II, and Patriot Act. Company was a Netherlands BV company reporting in Euros under US GAAP (PWC Audit) with European Board.Hired to position organization for sale during turnaround. Improved company to 10%+ net income on large deals. Implemented policies, process improvements, cash management tools and product line reporting. Resolved US sales tax issues, transfer pricing, reseller agreements, outsourcing development and customer support, partnerships with major customers and embedded royalty relationships. Key executive in sale of the company (Europe and US lawyers and diligence teams) to IBM ; retained as Consul’s lead transition executive for integration activities. Planned transition from NL Euro-based entity to US Delaware corporation.Role responsibility included finance, accounting, facilities, HR, contracts, foreign exchange, banks, auditors and board management.

Washington, Dc, Us

International company providing customer relations management via customer care and data mining to “Global 1000” companies primarily in the automobile (BMW, Audi, VW, Honda, Kia), Retail (Owens Corning, Sotherby, USA Today, Amazon, Pro-Flowers, Reckitt Benckiser), and Financial (American Express, Charles Schwab) in US and Europe.Managed 1,000+ employees (Call Center Operations, IT, HR and Quality Assurance). Sold organization via asset sale without use of an investment banker. Completed ISO 9001 Certification process in less than 12 months, satisfying key customer requirement. Implemented margin, metrics and productivity measurements for every customer. Completed / received clean audit opinion for three successive years. Led the process to sale the company, with multiple offers.Role responsibility included finance, call center operations, IT and development, accounting, facilities, HR, contracts, foreign exchange, banks, auditors and board management.

London, United Kingdom, Gb

Global leader in software and information systems solutions to the oil & gas, pulp and paper, utilities, petrochemical, food, beverage, dairy and pharmaceutical industries. Group includes Foxboro, APV, APV Baker, SimSci, Triconex, Wonderware, Baan ERP, Walsh, and Eurotherm). HQ relocated from VA, Commuted for 1 ½ years to Boston and London due to relocation of HQ office from Virginia.Directed Treasury and Cash Management process and controls for division; improved cash flow and working capital. Managed audit relationship for global audits (E&Y); integrated businesses and acquisitions (processes, cultural integration) into division. Implemented financial focus on tracking sales pipeline. Designed strategy and implementation for outsourcing and global shared services organization initiatives.

Provider of end to end international export/import compliance software solutions and expertise for the high-tech, pharmaceutical, energy, chemical and consumer product industries.Managed accounting organization with a focus on implementing the processes and controls needed for potential IPO. Company purchased within several month of joining by ClearCross, a New York-based company.

Vienna, Va, Us

Provider of ecommerce solutions for the business to government market including web hosting and software (FedCenter.com and StateGovCenter.com). Joined former CFO, Corporate Controller and CIO of Landmark Graphics..Developed and presented the business model for the Series D funding, IPO and analyst presentations.Key member of the teams that completed the $50M Series D funding and the filing of S-1, answering the SEC questions, analyst meetings and road show presentations as part of the process of going public.

Houston, Texas, Us

Innovative and Integrated software and consulting company for oil and gas software. Landmark Graphics was acquired by Halliburton in October 1996.Accountable for business and financial operations of the worldwide software development and services organization. Key management member in the transition of the $50M NASDAQ company to $300M company in five yearsSelected as one of 24 individuals among 90,000 Halliburton employees worldwide to participate in a one year President’s executive leadership development program for outstanding employees – only two with Finance backgrounds.Investigated and acquired (including negotiation, due diligence and closing) 10 outside software companies and products for inclusion into the product family (develop-versus-buy decisions).Integrated several acquisitions into the Landmark culture of product development, sales, services and business practices.Drove transition from a perpetual license to an enterprise license mode (subscription) and logistics role in the MSF development model, as chairman of pricing committee.

Houston, Texas, Us

London, England In a management reorganization, responsible for establishing a new financial organizational structure using shared resources and direct field communications for doing all of the world-wide tax, treasury, legal and management reporting by establishing a centralized co-ordination center in London (with two remote processing centers). All worldwide accounting locations report functionally to London (over 160 accounting employees). • Reduced the accounting organization by over 60 employees by changing the organization from geographical to product line focus (service centers) while reducing the close cycle by 3 days. After a $150 million drop in the net income, organization was able to return to profitability within 8 months of the major restructuring.• Responsible for consolidating and resolving the accounting issues associated with several international mergers associated with companies of various nationalities (UK, Germany, Norway and Canada)• Maintained all the previous operational responsibilities of the Assistant Controller. Assistant Controller, Geco-Prakla Worldwide (Paris France) Responsible for assisting the group controller in the financial, tax and treasury management of the world-wide operations of the Seismic operations (acquisition, processing and manufacturing) through co-ordination with the Region Controllers in Stavanger (Norway), Hanover (Germany), London, Singapore and Houston. Finance Manager, Schlumberger Ltd., Seismic (Geco-Prakla), North and South America Division, Houston, Texas (March 1992 to April 1993)Responsible for the financial, treasury and risk management of the North and South American seismic organization (primarily U.S., Canada, Mexico, Venezuela, Bolivia, and Brazil). Applicon - Ann Arbor MI (1987 to 1992) - see listed job

Houston, Texas, Us

Responsible for the financial management of the North America sales and service organization.Financial Planning Manager - worldwide consolidation and financial reporting for Applicon.

Atlanta, Georgia, Us

Mba, Finance

Bs With High Distinction, Accounting