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Paul Emmons

Summary

Founder, CEO and COO of two venture-backed technology companies, raised $11.5 million capital. Highly skilled extending limited resources to successfully accomplish tasks at hand. COO of $30 million enterprise software company. Reorganized, cut costs and streamlined company improving profitability. Served as CFO of startup division of major shipping company. Implemented cost control and management reporting systems that enabled firm to grow from zero to $60 million run rate in thirty months. 30 years of initiation, innovation and implementation of business strategies and cost control measures. CPA.

 

Experience

2001 - present              Emmons & Co. P.C.                             Tulsa, OK

Public Accounting Practice: Bringing over 30 years of diverse business experience to a variety of projects to solve problems facing business owners. Specializing in tax compliance matters for small businesses and individuals.

Founder, CEO

Responsibilities: Provide practical solutions and implementation help for business problems. Utilize my business experience and education assisting entrepreneurs solve business challenges they face as they pass through the seven business life cycles.

·     Identified business and human resource issues related to Succession Planning Process. Defined alternatives, recommended an action plan and trained client to implement the process.

·     Led a recovery project for a poorly planned enterprise software conversion. Analyzed new system, mapped old processes to new procedures and trained client personnel. Returned client to normal month end closing process.

·     Used my unique combination of skills serving as temporary COO/ CFO. Implemented new suppliers restored vendor/customer relationships, implemented enterprise software solution and developed new banking relationship.

·     Lead facilitator for eleven-week Kaufman Foundation FastTracTM Planning Seminar co-sponsored by the Terry Neese Center for Entrepreneurial Excellence and Francis Tuttle. Provide specific training to prepare owners of various sized businesses move their venture to the next level. Graduated 25 entrepreneurs from the spring session. Also, served as instructor for Listening to Your Business TM seminar sponsored by these organizations. Graduated approximately 40 business leaders over eight sessions.

2000 - 2001                          Mywebcast.net, Inc      Oklahoma City, OK

Start up: Application Service Provider delivering self-service webcasting communication software and infrastructure to enterprise marketplace.

Co-Founder, President, CEO

Responsibilities: Reported to / member of the Board of Directors. Responsible for leadership and overall implementation of business strategy. Direct reports 6, indirect reports, 24.

·     Provided leadership and vision from concept through start up of operation

·     Raised $5.5 million Series A venture capital within 75 days of start up

·     Hired 5 Vice President level executives during the first 120 days, growing the company to 30 total employees

·     Delivered core technology and infrastructure during the first 90 days, on time and within $1.5 million budget

·     Repositioned Company to be a technology company with April, 01 technology recession, reduced company to 10 employees

·     Carefully managed limited capital to extend initial funding from 7 to 18 months

·     Negotiated strategic alliances and multiple technology licenses positioning Company for acquisition

 

1996 - 2000                          webcasts.com/iBeam   Oklahoma City, OK

Start-Up: Internet webcasting software and professional services business. 369 days from close of Series A funding through sale to and IPO of iBeam Broadcasting Corp. (NASDAQ: IBEM). Delivered first webcast of ACC Men’s Basketball Tournament in 1999.

Co-Founder, COO

Responsibilities: Reported to CEO, member of the Board of Directors. Responsible for day-to-day operations. Direct reports 5, indirect reports 39

·     Took initial investment of 20k plus $6 million in venture funding, built and sold Company for stock valued in excess of $100 million within 4 years

·     Responsible for delivery of all products and services, from start up through sale of company

·     Implemented process and controls to deliver quality products to Bristol Meyers Squibb, AOL, Republican National Committee, Enron, AT&T, and Lotus

·     Responsible for integration of Rock Island Group (25 employees, $2.4 million in revenues) after webcasts.com acquisition in October, 1999

·     Skilled at recognizing talent within people and developing their skills to accomplish business goals

 

1992 - 1996            Innovative Computing Corp.     Oklahoma City, OK

Wholly owned Westinghouse subsidiary: Largest software and professional services provider of enterprise software to the truck transportation industry.

Chief Operating Officer

Responsibilities: Reported to President. Responsible for technology development and delivery of all products and services. Direct reports 8, indirect reports, 105

·     Responsible for re-engineering a 25-year-old company that had outgrown its structure and processes and returned organization to profitability, reduced number of departments by one third

·     Improved customer satisfaction, 72% of sales came from existing customers

·     Strengthened management principles and processes resulting in 82% increase in developer productivity, decreased warranty work by 64% and delivered gross margins of 48% in service departments

·     Member of $1 million plus sales team. Team delivered 3 sales in 1993, total value $5.4 million, two sales in 1995, total $4.4 million

 

1987 - 1992                          APL                                      Oakland, CA

153-year-old international shipping firm providing inter-modal transportation (ships, stack trains, trucks) from/to the Pacific rim throughout North America. Annual revenues of $2.5 billion at time of acquisition by NOL.

Regional Director, Controller

Responsibilities: Directed accounting, reporting, administration and information technology functions. Direct reports 6, indirect reports, 79. Served in four senior management positions at different divisions. Reported to President/Vice President in each position: CFO for start up trucking division (implemented enterprise software solution in 120 days), CFO for Automotive Transport Group (largest supplier of inter-modal services to GM and Ford) and Director of Financial Systems and Processes

·     Directed Company wide accounts payable (approximately $2 billion per year), payrolls (2,300 worldwide employees), and revenue accounting for stack train and government services, served as Chief Accounting Officer for 85-person financial service unit. 

·     Rebuilt the relationship between management and the bargaining unit employees by removing communication and perception barriers. Only management employee ever voted, Employee of the Month by employees

·     Redeployed 9 employees to other positions within the Company.

·     Cut departmental costs by 18% in 1992 and Company costs 28% in 1987

·     Improved successful completion of targeted action plans by 49%

 

1975 - 1987                          Arrow Trucking Co.                    Tulsa, OK

General commodity / flatbed trucking company. Has grown from 80 lease operators in 1975 to over 1,500 Company owned and lease operator units today.

Chief Financial Officer

Responsibilities: Reported to President. Responsible for accounting, finance, administration and information technology. Direct reports 5, indirect reports, 24.

·     Responsible for accounting, financial, administrative, insurance and data processing functions for $45 million company

·     Directed and coordinated complete data processing conversion of all administrative and operational functions to an enterprise solution

·     Project lead for all major purchases of rolling stock, buildings and equipment

·     Developed and implemented cost control strategy to thrive during 81 oil industry recession

 

1971 - 1975                     Arthur Andersen & Co.          Kansas City, MO

International Big 5 Accounting Firm.

Senior Auditor – Regulated Industries

Responsibilities: Reported to Regulated Industry Partners. Responsible for planning, execution and administration of numerous large audits and public financing transactions.

·     Senior in charge of Kansas City School District first time through audit. 3,000-hour project delivered on time and within budget.

·     Directed SEC review work of three public financing transactions for Kansas City Power and Light

·     Experience included the review and improvement of accounting and operational systems as well as planning, organization and execution of a wide variety of client engagements

Education

MBA Candidate               Oklahoma City University       Oklahoma City, OK

BS-BA Accounting           University of N. Colorado                  Greeley, CO