Kevinwilson
Straightforward leader and communicator with a technology focus. Organized, develops systems/procedures, focuses on team and well-being of others. High energy, makes decisions by carefully considering alternatives. Instills and increases institutional confidence. Aligns work for organizational mission. Improves accountability and transparency. Effective partner with executive team, board and investors.
Significant Accomplishments
• Key finance executive for successful startups collaborating with founders and investors from pre-revenue concept stages through 7 to 9 figure revenue and net profit stages. Worked closely with CEO, founders, Board/investors from concept through launch to over mid 8 figure revenue and strong EBITDA. Developed initial forecast/budgets, raised capital, created revenue recognition policies and procedures for GAAP compliance, and managed big four audits resulting in clean opinions. • Assisted in capital raises, both debt and equity, of $100s of millions in multiple transactions. • Strengthened and streamlined billing and collections processes improving results by over $2 million. • Led financial aspects of merger of two multi-million dollar divisions which increased market share and sales by $8 million; managed 70% staff reduction, resulting in $3 million increase to net income. • Created reporting frameworks to ensure timely and relevant access to financial information and key metrics for executives, investors, and Board. • Developed hundreds of policies and procedures for increasing organizational oversight including: Internal audit function, dashboards, investment policies, FX policies, reporting frameworks, and efficient feedback loops from executives and stakeholders. • Developed financial and accounting processes to support and ensure appropriate controls during high revenue growth without increasing staff costs. • Provided support for Board Audit and Finance committees as they tackled complex strategic issues; provided alternatives and solutions, resulting in Board approval for over 40 initiatives in less than 4 years.
Professional Experience
Wisedots, www.wisedots.com, Pasadena, CA 2015 to Present CEO and Co-Founder
Returned as Co-Founder as CEO of a successful TLD professional services firm dedicated to assist clients to make wise strategic decisions regarding Top Level Domains (TLDs). Clients include TLD registries, brand owners, and other firms. Leading in solving the financial, marketing, operational, technical, contractual and capital structure challenges of our clients while maximizing their top-level domain asset opportunities.
Donuts Inc. www.donuts.domains, Bellevue, WA & Calabasas, CA 2012 to 2015
Initial CFO and then VP Finance
Initial CFO for $100 million startup applying for 307 Top Level Domain (TLD) registries ranked 14th for VC backed startups by the WSJ: http://on.wsj.com/QqybNV, and 10th by Venturebeat: http://bit.ly/S0mArQ. Successfully launched nearly 200 TLD registries and set up systems, controls and processes from pre-revenue to launch through 8 digit revenue and profitability. Forbes ranked Donuts in the Top 100 Cloud-based Enterprise Software Startups Of 2015 http://www.forbes.com/sites/louiscolumbus/2015/03/16/the-top-100-cloud-based-enterprise-software-startups-of-2015/
Accomplishments included:
➢ As CFO, managed all finance functions including developing first budgets, raising over $100 million of new capital for TLD acquisition, establishing required letters of credit, and setting up operations for initial revenue in 2013. ➢ Managed and participated in all finance and accounting functions including raising $150 million in debt and equity, setting up revenue recognition policies and processes, cash collection procedures, staff expansion, A/P, contract management, and internal controls. ➢ Developed forecast model, revenue recognition processes, and initial budgets to help usher rapid ramp up of revenue and effective management to drive EBITDA.
Wisedots, www.wisedots.com, South Pasadena, CA 2011 to 2012
Founder and CFO
Created a new start up service providing CFO and specialized consulting services to applicants for Top Level Domain (TLD) registry licenses. Clients included technical, entrepreneurial, entertainment, and large brand organizations applying for a TLD registry license to further their organization’s branding, community development, and long term profit objectives.
Accomplishments included: Starting from scratch, developed evaluation process resulting in $1 million of successfully executed contracts in less than 1 year. 100% success rate for TLD application approvals.
ICANN, www.icann.org, Los Angeles, CA 2007 to 2011
Chief Financial Officer
ICANN is the company responsible for the global policies coordinating the Internet’s unique identifiers with staff and operations worldwide. Responsible for all financial functions including payroll, A/P, general ledger, billing, collections, budgeting, forecasting, financial reporting, pricing/fee structures, treasury, investments, banking and tax reporting. Board support functions included executive leadership for Audit and Finance Committees, independent audits, compliance, and coordination of overall financial strategy with the Board and Community. In person and online presentations to Board and its committees as well as to community members.
Accomplishments included:
➢ Led all finance and accounting functions during a period of revenue growth from $32 to $66 million, making steady improvements in processes and control with no additional finance staff. ➢ Aligned finance activities with strategic priorities, helping to ensure the finance function provided strength for the organization’s mission. ➢ Developed strategy and detailed processes for funding of a new $100 million + program based on cost recovery accounting and engaging stakeholder support. ➢ Reduced independent auditor’s management comments from 16 to 1 over four years. ➢ Provided support for Board Audit and Finance committees as they tackled complex strategic issues; provided alternatives and solutions, resulting in Board approval for over 40 initiatives. ➢ Oversaw Reserve Fund growth from $25 to $48 million, created Investment Policy adopted by board to reduce risks, yet ensure healthy returns. ➢ Developed system to ensure compliance with new IRS form 990 requirements.
Front Porch, www.frontporch.org, Burbank, CA 2001 to 2007 Controller, Director of Finance, Purchasing, and Risk Management
Front Porch is a $150 million in revenue, health care services company for seniors. Responsible for all accounting functions as controller. Developed processes to improve cash collections. Responsible for $40 million of contracts for products and services as well as managing purchasing decisions of 200 staff in 12 facilities. Also responsible for risk transfer strategy and marketing new risk mitigation measures which lowered insurance costs by 20%.
Other Professional Experience
Futurestep.com, subsidiary of Korn Ferry VP and Controller Everett Charles Technologies, subsidiary of Dover Corp Controller Peck Jones Chief Financial Officer Parsons Corporation Manager of Finance, Assistant Controller Ernst & Young / Kenneth Leventhal & Co. Manager
Education/Certifications/Training
Ø Stanford University. 1980. AB in Human Biology Ø UCLA. 1985. Masters in Business Administration (MBA). Dean’s list. Ø California CPA. Passed all parts of CPA exam at once. Not active currently. Ø Knowledge of Korean, Japanese, Spanish Ø US Peace Corps volunteer in Korea 1980 Ø Member of Financial Executives Institute (FEI) Ø Peaks Potential Quantum graduate (including Warrior Training and Guerilla Business School) Ø All Saints Church – Men’s group leader Ø David Allen’s GTD training graduate Ø Road bike rider. Completed 3 sprint triathlons.