Rick Freeman Email & Phone Number

Irvine, California, United States

K2 Business Solutions Inc. assists businesses from diverse industries, ranging from tech startups to established companies, with sales from $5MM to $100MM per year, by providing outsourced or in-house Finance Executive Leadership along with IT and Accounting Support to help them grow their business.Startup Business:-Provided leadership expertise for a tech start up focused on the Internet of Things (IOT). -Hired by the owner to focus on the initial setup of the business and product launch, and responsibilities included product development, operations, finance, staffing, marketing, and accounting. -Guided the engineering team that created the initial software to test and implement all features that would be needed for the product to go to market. -Created cash flow forecasts and burn rate models used for capital requirements along with hardware production and fulfillment requirements used to predict launch demands. -Responsible for the setup of the company systems and infrastructure, which resulted in a reduction of cost and increase of margins by 25%Established Business: -Transformed a 10MM private label health and beauty company with over 2,000 sku’s, providing private label product to CVS, Walgreens, Wal-Mart and Target by simplifying its business model.-Recommendations created a 700% increase in net income, returning the business to profitability within 12 months, by assessing operations and recommending streamlining the number of business units.-Further recommendations included streamlining supply chain and distribution to allow drop-shipping products with a 3rd party fulfillment organization, and reducing several unprofitable sku’s. -Championed IT improvements, including moving from an outdated legacy system to a more API friendly cloud-based solution that further improved margins.

Newport Beach, Ca

Richland Companies is a holding company with ownership and holdings in various industries including, Land Entitlement, Land Development, Communication Towers, Oil & Gas and TV Stations. With total assets of ~$2B and revenues of ~$500MM per year with 300 employees across all companies. The assets and office locations were in several states across the US and Canada. -Responsible for leading Richland Investments from $250MM in assets with 30 employees to a $2B company with over 150 employees with an operating budget of $100MM per year within 8 years.-Directly responsible for overseeing daily finance operations, training and supervision of support staff, sourcing company funding, and handling a wide variety of special projects. -Oversaw all financial analysis, treasury, accounting, tax, compliance, human resources, and information technology functions for all corporations under ownership.-Developed and implemented growth strategy during the 2008 financial crisis to position the company’s assets and capital to take advantage of buying opportunities that led to 7x growth.-Acted as CFO/CEO of a small communication company under Richland Investments that started with $10MM initial investment and grew the asset’s value to $385MM, with revenues of $50MM in a six-year period that enabled the creation of the very first Tall Tower Securitization which totaled $185MM with a Fitch bond rating of AA, which led to the eventual sale of the investment for $385MM to a $30B REIT-Identified a new market opportunity via a second spin off company with the purchase of 5 TV stations licenses for $5MM that were shut down with no revenue and re-started them with a new leadership team and various corrective operational procedures which resulted in a market value of $70MM with $15MM in annual revenue and increased margins by 50% compared to industry averages.

Irvine,Ca

Gateway Computers was a Fortune 500 company that had ~3,000 employees along with $4B in annual revenue. Market share at the time was around 7-10% of the PC market with an annual operating budget of $3.5B a year. In 2007 Gateway was acquired by Acer Computers.Provided leadership and oversight to 100 Managers and Analysts across four business units that were tasked with providing forecasts from all business functions, including Marketing, Engineering Manufacturing, Legal, HR and Operations.Managed an annual operating budget ~$3.5B per year.Successfully consolidated all business units’ financial information, communicating corporate results to CFO and Wall Street analysts.Created and led a Profitability Team that included finance leads from each business with the common goal of creating consistent financial practices across the company’s four business units. Key member of the Business Development team, which worked to set a vision and plan for the future direction of the Company.

Lenexa, Ks

Community America Credit Union is in the Kansas City area.

Irvine,Ca