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Some Profiles from our Recent Engagements
A $24.0 million managed care company, Mr. Hastings has been CFO on a part-time basis for nine years, helping to orchestrate the acquisition of a significant business, establishing excellent banking relationships, maintaining profitability and cash flow in a volatile environment, advising and presenting financial information at Board and Shareholder meetings, and assisting in the negotiations and ultimate sale of the company in 2006. A $12.0 million software developer - a rapidly growing company with IPO aspirations, Mr. Hastings provided full financial management services as sales increased from $3.0 million to $12.0 million, including development of the accounting organization, financial reporting, budgeting, accounting policies and controls, and responsibility for auditing, tax, cash management and banking relationships. A $5.0 million capital equipment reseller - a rapidly expanding company hit by dramatic market shifts and ensuing bank and trade pressures, Mr. Hastings provided cash management disciplines, reporting credibility with creditors, cost reduction impetus, and ultimately the restructuring and refinancing of all the company's debt. A $30.0 million non-profit - a rapidly expanding venture of an industry group, Mr. Hastings provided interim Controller capabilities and ultimately the improvements and/or overhaul of many accounting systems and controls, including financial reporting. Mr. Hastings has also provided litigation support analysis and expert testimony in Bankruptcy Court and before the District Court in New Hampshire. Client Quotations
"John has earned the respect of our Board and our management team for consistently keeping us all focused on making sound financial decisions, achieving our budgets and financial commitments, and for placing our financial credibility among our top priorities. John is very willing to dive into the details, when needed, and over his nine years with us has been extremely helpful in bringing his broad experience to bear unraveling some of the financial complexities of our business."
"John developed a strong financial organization, strong financial disciplines and very sound financial information within our company. He also worked well within our management team. His major contributions provided the foundation and credibility necessary for attracting our recent capital investment."
"John tends to tell it like it is, which sometimes can be painful, but we made a lot of overdue changes as a result of his personal efforts. I wish I had gotten him in here a year or two earlier."
"Our weekly progress meetings with John were very important to the bank. John's spreadsheet model was unique and very helpful."
"John really stabilized our situation when we were having very difficult cash flow problems and were under a lot of pressures from the bank. This allowed us to concentrate on running the business. As a result we were able to successfully refinance our business and get a new start."
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