PATRICK T.

GIBBONS
2202 Cardigan Hill, San Antonio, TX 78232
210.445.6020 - pg55cb40@westpost.net
Finance and Operations Executive
Extensive experience in financial management, operations, and turnaround situati
ons. Expert at raising private equity. Combines talent in budgeting and financ
e and day to day operations management. Profitability focus with an eye for cos
t control and productivity improvement. Unwavering commitment to performing at
the highest level of professional excellence - especially in fast paced, entrepr
eneurial environments. Harvard MBA.
Areas of Expertise:
* Profit Performance
* Capital Forecasting
* Strategic Planning
* Process Improvement
* Quality Improvements
* Budget Implementation
* Cost Management
* Project Accounting
* Financial Modeling

CAREER HIGHLIGHTS
As Finance Director for $85 million privately owned manufacturing company, reduc
ed inventory $10 million in 12 months saving $1.8 million; restored $760,000 of
profits by rolling back most of proposed $900,000 in price reductions.
As CFO of Wide Area Network company, implemented accounting system, part of team
that grew revenues to $24 million from $16 million in one year, increasing earn
ings to $4 million from loss.
As Founder/CEO, raised $100 million in interim and long-term financing for 19 lo
cations; directed development from site selection through construction, as well
as all accounting and finance.
As COO/SVP Development, directed $150 million of development and all accounting
and finance for 60 projects in 20 states. Income increased at 42% CAGR on 28% C
AGR sales increase. Market cap rose to $350 million from $3.5 million in six ye
ars.
PROFESSIONAL EXPERIENCE
Director of Finance, Norwood Promotional Products, Inc., San Antonio, TX
06/07 - 08/08
* As Finance Director for largest manufacturing location, $85 million, of $350 m
illion national company.
o Improved inventory analysis, reduced inventory $10 million in 12 months saving
$1.8 million annually.
o Analyzed $900,000 of price reductions proposed for 2008 catalog - restored $76
0,000 profit.
o Determined that 8 of 11,000 distributors market 10% of this site's products, 3
50 market 50%, enabling Marketing and Sales to focus their resources.
Director of Finance, Pinnacle Technical Services, Dallas, TX 09/06 - 04/
07
* Upgraded accounting system to MS Dynamics SL from QuickBooks. Identified need
for a new accounting firm, interviewed and recommended several qualified firms,
at a projected annual cost savings of $35,000 to $90,000. Discovered $100,000
in previously unidentified R&D tax credits.
Center Director, Concordia University, College of Adult Education, San Antonio,
TX 05/05 - 08/06
* Developed schedules leading to Associate and Bachelor's degrees for students 2
3 and up, typically working full time; recruited students and professors; manage
d office/classroom schedules.
Venture Finance, San Antonio, TX 02/02 - 04/05
* May 2002 to May 2005, led financing search for concept combining wellness with
health clubs through medical affiliations targeted at aging Baby Boomers. Iden
tified $50 to $100 mm equity; initiated negotiations.
Interim CFO, Stonebridge Technologies, Inc., Dallas, TX 08/01 - 01/02
* As Interim CFO for Stonebridge Technologies, Inc. in liquidation, retained by
venture capital investors to maximize value to creditors, employees, and investo
rs. Filed Chapter 11 9/2001; Court approved asset purchase agreement 10/2001 an
d final plan of reorganization 5/2002.
Interim CFO, Alliance Media Group, Inc., San Antonio, TX 11/00 to 5/01
* Secured commitment for Debtor in Possession financing; $6 mm asset sale comple
ted 4/2001.

PATRICK T. GIBBONS Page Two

PROFESSIONAL EXPERIENCE
CFO, Maxnet Systems, Inc., Dania, FL 06/98 - 06/99
* 62.5% of company purchased for $3 mm. Reached valuation of $20 to $30 mm in o
ne year - increasing revenues 50% to $24 mm and operating income to $4 mm from l
oss.
* Assisted in performing business due diligence prior to acquisition.
* As CFO, selected/installed new accounting software (no accounting systems at a
cquisition).
* Hired Controller & Accounting Manager, reduced DSO to 31 from 60+and negotiate
d bank credit line.
CFO, Emtec, Inc., Mt. Laurel, NJ, 07/97 - 06/98
* As CFO for $90 million IT Full Service Integrator, I:
o Developed business unit model and began to implement standard processes and sy
stems.
o Re-budgeted company - first "bottom up" budget.
o Centralized A/R, reduced DSO to 42 from 64.
CEO, Endispute, Inc. 05/91 - 06/94
* As President/CEO, negotiated $3.0 million equity - later increased to $6 milli
on -- to finance national expansion of this East Coast ADR provider.
* Sales rose to $10 million from $4.2 million in two and 1/2 years, a 40% CAGR.
* Returned company to profitability.
* Increased year-to-year margin 86% on 55% internally generated revenue increase
.
* Cut overhead 4%, and slashed days A/R outstanding by 50+%.
* Generated $800,000 of working capital from internal sources.
CEO, Judicial Arbitration and Mediation Services 05/90 - 05/91
* As President/CEO, had full P&L responsibility for the strategic planning, staf
fing, management development, financial affairs, and national "roll out" of this
then West Coast ADR provider.
* Initiated negotiations with major venture capital group, secured $15 million o
f equity in a private placement -- $10 million to shareholders, $5 million to fu
nd national expansion.
* Delivered 45% sales increase (to $17 million from $11.5 million) in first year
through introduction of a series of well-targeted, well-executed marketing and
business development campaigns.
Founder / CEO, Texian Inns, Inc., 06/80 04/90
* Co-founded a high-quality, mid-priced motor inn chain.
* Raised initial seed capital, secured $100 million in interim and long-term fin
ancing for 19 locations, and directed development from architectural design and
contract bids to construction.
* Established entire organizational infrastructure: inn operations, marketing, f
inance and accounting.
* Negotiated swap of equity for release from $100 million of personal liability
to 15 lender/investors; subsequently created profitable management company.
SVP Development, COO & Director, LaQuinta Motors Inns, Inc., 08/74 - 05/
80
* As SVP/COO, led publicly held lodging chain and hospitality development compan
y through a period of explosive growth and nationwide expansion. Directed over
$150 million of development projects.
* Full P&L responsibility for operations, finance and accounting, and marketing
for 60 unit chain.
* Built revenue to $61.8 million from $24.0 million (28% CAGR) while increasing
company earnings at a compound rate of 42% to $6.4 million from $1.1 million.
* Represented company to financial analysts. Market capitalization rose to $350
million from $3.5 million in 6+ years.
EDUCATION
M.B.A. (with Distinction), Harvard Graduate School of Business Administration, B
oston, MA
A.B. in Political Science and Economics, Missouri University, Columbia, MO
MILITARY SERVICE
Captain, Vietnam Veteran, USAF