Steve Loomis

Steve Loomis Email and Phone Number

Chief Financial and Operating Officer at Colorescience @ Colorescience
Steve Loomis's Location
Carlsbad, California, United States, United States
Steve Loomis's Contact Details
About Steve Loomis

Over twenty five years of experience with senior management responsibilities in Accounting and Finance, Manufacturing and Operations, Customer Service, IT, Contracts and Human Resources. Thrive in challenging, fast-paced environments where teamwork, integrity, innovation and enthusiasm are highly valued. • High Growth Leadership: Developed business systems and processes to support revenue growth from $56M to $90M in 3 years at SkinMedica and from $147K to $41M in 8 years at CardioDynamics, support six FDA product clearances, Medicare reimbursement, ISO-9001 quality certification, CE Mark approval, NASDAQ NM listing, SEC reporting, SOX compliance and raised >$120M in debt and equity. • Turnarounds – Implemented operational changes including a commitment to quality and customer satisfaction, with specific emphasis on generating cash through aggressive balance sheet management, improved working capital utilization and overhead reductions, resulting in five-fold increase in market value over a three year period.• Acquisitions and Divestitures – Strategic sale of SkinMedica to Allergan for over 5 times revenues. Acquisition of a competitive ICG Company in Germany, a complementary product company, and a vertical acquisition of an ECG company in Vermont, spin-off of a division and divestiture of a division and eventual competitive sale of CardioDynamics to Sonosite. • Building High Performance Teams: Mentoring, coaching and modeling servant leadership. Focused team members on the overall mission and specific steps to achieve strategic and tactical objectives. • Communication Skills – Recognized for polished presentation skills to Board, investors, executive committee, analysts, and strategic partners. Extensive Board and Corporate governance experience.Specialties: SEC Reporting, SOX, M&A, Public/Private Debt & Equity Financing, Inventory Management, Quality, Manufacturing and Operations, Board & Audit Committee Service, Business Consulting

Steve Loomis's Current Company Details
Colorescience

Colorescience

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Chief Financial and Operating Officer at Colorescience
Steve Loomis Work Experience Details
  • Colorescience
    Chief Financial And Operating Officer
    Colorescience May 2013 - Present
    Carlsbad, Ca, Us
    Rapidly growing privately held cosmetics company with innovative mineral make-up offerings sold through the physician and spa channel. Responsible for all aspects of the Manufacturing, distribution, quality, purchasing & logistics, accounting and finance functions, investor relations, valuation, internal controls, legal, HR and information technology. Hands on interactions with VC’s, Board, outside legal counsel, independent auditors and insurance brokers.
  • Inspire Consulting
    Founder
    Inspire Consulting May 2008 - Present
    Strategic Consulting, including business planning and forecasting, marketing and sales strategy development, driving operational efficiencies, Board and Audit Committee Service. Specialize in Public Company Reporting and Regulatory Compliance, Corporate Governance, Business Plan Development, Vacation Rentals, M&A Integration, Not for Profit Schools and Conference centers.Keywords:Financial Expert, Carver Governance Model, financial analysis, cost accounting, sales analysis, financial management, risk analysis, interim assignments, business plan development and funding, incentive compensation, refinancing, pricing, policies and procedures, Beachfront Rentals, VRBO, Escapia, Quickbooks, Vemma, Verve, San Diego, Orange County
  • Skinmedica
    Svp Chief Financial Officer
    Skinmedica May 2010 - May 2013
    Carlsbad, Ca, Us
    Rapidly growing privately held aesthetics company with innovative prescription and non-prescription skincare products sold through the physician channel. Fastest growing company in the aesthetics and cosmetic market sectors. Revenues in excess of $90M. Acquired by Allergan in December 2012 for $400M.Responsible for all aspects of the accounting and finance functions, investor relations, valuation, internal controls, legal and information technology. Hands on interactions with VC’s, Board, outside legal counsel, independent auditors and insurance brokers. Presentations at investor conferences, meetings with potential investors and implementing corporate governance best practices in preparation for IPO. Initiated financial and operational controls which improved accuracy and predictability of financial results, interdepartmental communication, process documentation, MRP implementation and reduced the financial close from 30 days to seven. Refinanced term debt reducing effective interest rate from over 20% to 4.25% and added $5M W/C LOC. Negotiated purchase & leaseback of 81,000 sq ft. Corporate headquarters. Drove cost saving initiatives that resulted in over $1M of documented savings in initial nine months with the company.Keywords:Sharepoint, Concur, Great Plains, Microsoft Dynamics GP, OTC, Pharmaceutical, Cosmeceuticals, GRAS, Dermatologist, Aesthetician, Carlsbad, Vaniqa, EpiQuin, TNS, Tissue Nutrient System, Goldman Sachs, Stifel Nicolaus, Aisling, Comerica Bank, Apax Partners, Healthcare Ventures, Domain Associates, Mary Fisher, David Hale, Dr. Richard Fitzpatric, Oxford Finance, TNS, Colorescience, VMG, Allergan.
  • Cardiodynamics International Corporation
    Chief Financial And Operating Officer
    Cardiodynamics International Corporation Sep 1996 - Feb 2010
    Us
    CardioDynamics developed and marketed proprietary state-of-the-art noninvasive cardiac output monitoring systems. Annual revenues as high as $40M+. Strategic sale to SonoSite Inc. in August, 2009 with annual revenues of $250M. Managed relocation and integration of CardioDynamics operations and administration to SonoSite facility in Seattle. Oversee Finance and Accounting, Manufacturing, Materials, Human Resources, IT, Quality, Purchasing, Facilities, Tax, SEC Reporting, Risk Management, Internal Audit, Sarbanes-Oxley Compliance, Legal, Contracts and Investor Relations. Accomplishments- Key player in strategic sale of the Company at 69% market premium- Raised over $60M in public equity and debt financings- Moved from OTC to Small Cap to Nasdaq National Market- Obtained $4M bridge loan & $5M bank line- Implemented integrated ERP system- Spearheaded $14.6M of cost savings in 8 years- Managed 2 acquisitions & 1 divestitureKeywords: Impedance Cardiography, ICG, diagnostics, Biotech, Life Science, Vermed, Medis, PIPES, Secondary Public Offering, IPO, convertible note, derivative securities, foreign exchange, FAS 123R, stock option administration, investor relations, press releases, analyst, supply management, hardware, software, budgets, financial analysis, cost accounting, product costing, financial management, pricing, modeling, BDO Seidman, KPMG, CBIS Mayer Hoffman, Fourth Shift, Manage 2000, M2K, SalesForce.com, Concur, Section 16, Form 10-K, 10-Q, Proxy, SOX, MRP, JIT, ISO-9001, EN-4601, CE Mark, CMS, Medicare, FDA, Fast 50, strategic alliances, M&A, GE Healthcare, Philips, Mindray
  • Kinko'S World Headquarters
    Director Financial Reporting
    Kinko'S World Headquarters Aug 1994 - Sep 1996
    Billion dollar+ privately held worldwide business service provider with over 30,000 employees. Left for high growth CFO opportunity with start-up company. Scope Summary Manage 65 professionals, reporting for 130+ Corporations and over 850 retail brances. Accomplishments- Re-engineered reporting process in conjunction with major accounting systems conversion in preparation for IPO. - 250% reduction in average financial reporting process time with improved accuracy- Development of store profitability model- Prepared prospectus, with Goldman Sachsfor $450M+ private placement
  • Terminal Data Corporation
    Chief Financial Officer
    Terminal Data Corporation Jun 1988 - Mar 1994
    25-year-old, publicly traded international high technology company that designs, manufactures, markets and services high speed document image capture systems, including digital scanners. Annual revenues of over $20 Million; 200 employees. Left following sale to BancTec (NYSE:BSC) in February, 1994.Scope SummaryFinance, HR, SEC reporting, banking, MIS, contracts & legal, forecasting, DFAR, DCAA audits, product cost and pricing, inventory and expense controls and analysis, cash management, investing, leasing, taxes and consolidations. Accomplishments- Primary player in competitive sale of TDC- Coordinated $4M convertible bond offering- Negotiated lease restructuring saving $185K- Reduced inventories by 40% or $2.5M- Improved key product lead times by 47 days- Streamlined closing cycle from to 8 days from 21- Reduced receivables by 29% or $1.3M
  • Kpmg
    Senior Supervising Auditor
    Kpmg Sep 1985 - Jun 1988
    New York, Ny, Us
    "Big Six" International Public Accounting FirmOverall responsibility for audit engagements including planning, systems evaluations, audit staff supervision, financial statement and footnote preparation. Gained broad experience ina number of industries including distribution, wholesale, retail, not-for-profit and in-depth knowledge of high-tech manufacturing companies. Varius size clients from startup to companies with revenues over $500 million, including hands-on IPO experience.

Steve Loomis Skills

Start Ups Mergers And Acquisitions Executive Management Business Planning Financial Analysis Finance Strategic Planning Business Development Sarbanes Oxley Act Mergers Financial Reporting Sec Filings Medical Devices Analysis Accounting Budgets Investor Relations Auditing Team Building Risk Management Negotiation Due Diligence Strategic Partnerships Management Consulting Process Improvement Restructuring Change Management Financial Modeling Strategic Financial Planning Contract Negotiation Team Leadership Manufacturing Operations Management Erp Ipo Inventory Management Business Process Improvement Cost Reduction It Management Erp Implementation Impairment E Commerce Stock Options Section 16 Reporting Bank Financing Working Capital Management Purchasing Management Divestitures Business Acquisition Tax Compliance

Steve Loomis Education Details

  • California State University, Northridge
    California State University, Northridge
    Accounting And Mis
  • Buena High School
    Buena High School
    General College Prep

Frequently Asked Questions about Steve Loomis

What company does Steve Loomis work for?

Steve Loomis works for Colorescience

What is Steve Loomis's role at the current company?

Steve Loomis's current role is Chief Financial and Operating Officer at Colorescience.

What is Steve Loomis's email address?

Steve Loomis's email address is sl****@****nce.com

What is Steve Loomis's direct phone number?

Steve Loomis's direct phone number is +194923*****

What schools did Steve Loomis attend?

Steve Loomis attended California State University, Northridge, Buena High School.

What are some of Steve Loomis's interests?

Steve Loomis has interest in Exercise, Home Improvement, Reading, Shooting, Gourmet Cooking, Sports, See 5, Hang Gliding, Triathlon, Home Decoration.

What skills is Steve Loomis known for?

Steve Loomis has skills like Start Ups, Mergers And Acquisitions, Executive Management, Business Planning, Financial Analysis, Finance, Strategic Planning, Business Development, Sarbanes Oxley Act, Mergers, Financial Reporting, Sec Filings.

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