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Jim Bennett, Principal
Mr. Bennett is a Certified Public Accountant (CPA)
with 15 years of combined experience in public and private industry
accounting and 10 years of management experience. As a manager at one of the
top accounting firms, Deloitte & Touche, L.L.P., he served a diverse number
of industries. His private industry experience includes serving several
companies as a Chief Financial Officer, a senior manager in operations, and
as a controller. Mr. Bennett has been instrumental in developing business
plans, budgeting strategies, and fostering value-added relationships with
strategic partners. Mr. Bennett possesses significant experience in
high-tech and early stage companies.
Mr. Bennett spent two years as the controller of Access Long Distance, a
privately held corporation. During his tenure at Access he restructured
their accounting functions and played a significant role in a successful
$100 million debt offering and the company’s subsequent sale to McLeodUSA.
After Access Long Distance was sold to McLeodUSA, Mr. Bennett joined
McLeodUSA’s Operations Division and led a group that reduced cost of goods
sold by 10% or $1.6 million per month, mainly through contract negotiations
with larger carriers.
Mr. Bennett then spent two years as the CFO of packetPointe Technologies. As
an early stage company, packetpointe Technologies raised funds from private
debt and equity sources and venture capital groups. Mr. Bennett was
significantly involved in negotiating a five-year product license with a
Fortune 500 company.
After packetPointe Technologies, Mr. Bennett served for two years as the CFO
of a closely-held medical device company. He assisted this company in
securing debt financing and negotiating a world-wide distribution agreement
for the company’s product.
He currently is serving as the Chief Financial officer for a privately held
telecom company in Salt Lake City with sales in the tens of millions. His
experience is invaluable in growing the Company’s many opportunities
into a much larger and more successful enterprise. Mr. Bennett graduated
from Utah State University with a Bachelors of Science in Accounting..
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