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As ScienceLogic CFO from 2010 through retirement in January 2024, seasoned professional Pat McCoy has managed the challenges of ScienceLogic's fast-paced and exciting 15x plus growth from forty employees in 2010 to over six hundred employees.Before coming to ScienceLogic, and with a finance background from Ernst & Young, Pat served as CFO for three rapidly growing technology companies with successful exits as they were ultimately acquired by larger entities. The first was Computer Logics, now part of Attachmate; second was IOtech, where Pat was CFO for ten years before the company was acquired by National Instruments in 2005; and the third was Netcordia, where Pat served for four years as CFO and orchestrated its acquisition by Infoblox in 2010. In addition to his CFO duties at ScienceLogic, Pat established in 2015, a charitable foundation that has raised over $150,000 for local charities benefitting children, such as the Boys and Girls Club and the Cal Ripken Sr. Foundation that improve the lives of disadvantaged youth. Pat holds a BSBA degree in accounting from John Carroll University, and he is a member of the American Institute of Certified Public Accountants.In 2016, received Washington DC's CFO of the Year award as the Emerging Growth CFO of the Year distinction at the Northern Virginia Technology Council’s (NVTC's) 20th annual Greater Washington Technology CFO Awards. In 2013, selected to be one of SmartCEO Magazine's CFOs of the Year at the Executive Management Awards ceremony in Washington DC in March 2013.On July 4th, 2018 Pat and his wife Shelly became proud grandparents!Licensed CPA in both the states of Maryland and Ohio
Retirement
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Retired Tech CfoRetirement Feb 2024 - Present
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CfoSciencelogic Aug 2010 - Jan 2024Reston, Virginia, UsJoined ScienceLogic as CFO in August 2010 to help manage ScienceLogic’s explosive growth in the cloud monitoring space.ScienceLogic recognized as:* InfoWorld 2013 Technology of the Year Award Winner* One of the 12 to Watch companies by the State of Virginia SPQA* Named 2012 Red Herring Top 100 North America Winner* Inc 500 - One of the nations 500 fastest growing private companies.* Deloitte's Technology Fast 500 -
CfoNetcordia, Inc. Oct 2006 - May 2010Santa Clara, California, UsGrew Netcordia rapidly from 2006 to 2010 before selling to Infoblox in 2010. Infoblox went public April 20, 2012.I have closed numerous acquisitions and divestitures, handling the purchase/sale agreements, performing due diligence, closing the transactions and assisting in the financial and operational integration. My experience as a CFO extends to nearly every aspect of a business's financial needs. I have helped companies forecast cash flow, restructure debt, renegotiate bank covenants, reduce receivables, reschedule payables, raise margins, improve month-end close procedures and efficiency, implement stock option plans, and initiate retirement and health care plans. I have opened new domestic and overseas headquarters and facilities, negotiated leases, initiated and managed bank relationships, negotiated supply contracts, established purchasing controls, and overseen annual audits. I can also provide a wealth of knowledge on issues like health care plans and human resources, legal matters, business development, and sales compensation plans.; Responsibilities - Reports directly to the CEO. Complete responsibility for all financial, budgeting, administrative, human resources and information technology aspects of this organization. Results Achieved: Netcordia recognized as:One of the top 100 privately held companies in North America and globally by Red HerringThe 30th fastest growing privately held software company in the U.S. by Inc. MagazineOne of the top companies on the Deloitte Technology Fast 500 ListOpened new subsidiaries and sales offices in the UK and Canada to expand international salesRenegotiated bank line of credit and equipment debt to get better rates, lower fees and fewer covenantsRedesigned health care and benefit plans to improve employee morale and contain costsStrong corporate budgeting and cash flow expertiseMonthly financial presentations at Netcordia Board of Director meetings -
CfoIotech, Inc Feb 1997 - Oct 2006Austin , Texas, UsPat served for ten years as CFO for IOtech, and was instrumental in the successful sale of IOtech to National Instruments. Responsibilities - Reports directly to the President. Complete responsibility for all financial, budgeting, capital planning, administrative, human resources and information technology aspects of this organization. Results Achieved: Bought 3 Companies (Strawberry Tree, Zonic and ADAC) in 1999, 2001 and 2002 and merged them into IOtech with multimillion dollar payback.Upgraded IT system with new ERP system without any interruption of the business. Improved gross margins, reduced inventories and improved on time delivery with better MRP, cost systems, and inventory planning and control.Opened new subsidiary and sales office in the UK to expand international salesStrong corporate budgeting expertiseExtensive product costing and cost accounting experienceParticipated in ISO 9000 certification process and regular quality audits.Monthly financial presentations at IOtech Advisory Board meetingsPrepared all Sarbanes-Oxley (SOX) documentation for IOtech and MCCAssisted the owner in selling IOtech to a large public company. -
CfoHinkley Lighting Aug 1993 - Feb 1997Responsibilities - Reported directly to the President. Responsible for all financial aspects of this manufacturing company including Operations, HR, IT and Finance.Results Achieved:Improved Metrics reporting Restructured the Company's debt and expanded their credit facilityOpened the Company's first retail store for close out/discontinued products.
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Cfo And Vice PresidentAttachmate (Computerlogics) Mar 1989 - Aug 1993Acquired 2 other tech companies in 1990 and 1991, merged all 3 together and sold Computer Logics to DCA (now Attachemate) Responsibilities - Reported directly to the President. Complete responsibility for all financial, budgeting, capital planning, administrative, human resources and information technology aspects of this organization. Results Achieved: Bought 2 technology Companies: a $5 million Company in Phoenix and a $12 million company in Toronto and merged them all into one company.Downsized Toronto facility to an Engineering Center and moved Cleveland production facility to Phoenix to gain efficiency and save costs.Managed the foreign currency and the consolidation of 8 international subsidiaries.Assisted the shareholders in selling Computer Logics to a large public company
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Senior ManagerErnst & Young (Whinney) Jun 1980 - Mar 1989London, GbSenior Manager in the Privately Owned and Emerging Business PracticeResponsibilities - Senior manager responsibilities in charge of all phases of audits including planning; program development; program execution; supervision of several staff member groups of various sizes; and financial statement preparation and review, including researching technical issues and disclosure requirements for primarily manufacturing SEC and smaller private companies.
Pat Mccoy Skills
Pat Mccoy Education Details
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John Carroll UniversityAccounting Major -
Lake Catholic High School
Frequently Asked Questions about Pat Mccoy
What company does Pat Mccoy work for?
Pat Mccoy works for Retirement
What is Pat Mccoy's role at the current company?
Pat Mccoy's current role is Former CFO at ScienceLogic through Jan 2024.
What is Pat Mccoy's email address?
Pat Mccoy's email address is cp****@****aol.com
What is Pat Mccoy's direct phone number?
Pat Mccoy's direct phone number is +157157*****
What schools did Pat Mccoy attend?
Pat Mccoy attended John Carroll University, Lake Catholic High School.
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Pat Mccoy has interest in Collecting Antiques, Exercise, Home Improvement, Reading, Gourmet Cooking, Sports, The Arts, Home Decoration, Health, Cooking.
What skills is Pat Mccoy known for?
Pat Mccoy has skills like Accounting, Management, Mergers And Acquisitions, Mergers, Finance, Accounts Payable, Auditing, Executive Management, Budgets, Forecasting, Due Diligence, Business Development.
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