David H. Chambers, CPA / MBA291 Charles Avenue • San Francisco, CA 94965 • (415) 111-1111 • Cell (415) 222-1111 • davidchambers@xxyahoo.com

Financial / Operational Executive – Service, Marketing and ManufacturingExperienced financial executive with extensive financial, operational, and administrative background. Successfully led regionalfinancial operation for record growth in volume and profits. Adept at working in high-growth, fast-paced, high-volume environments,as well as nurturing start-ups to profitability. Skilled at financial forecasting/analysis, cost management, innovative clientcompensation modeling, and development of potential revenue opportunities. Led restructuring and rebuilding of spin-off to first yearof sustainable profitability.

Strategic Business Planning / Modeling Consolidations / Restructurings Debt / Equity Management Finance / IT / HR / Facilities Management Contract Negotiation / Maintenance Senior Client / Account Relations System Design / Conversion Business Development Support Non-Profit Accounting / Administration

MBA – MARKETING / FINANCE, University of San Francisco, 1992 (First in class of 220)BBA ACCOUNTING & BS ECONOMICS, University of Oregon 1979 (Magna Cum Laude in both majors)

EXPERIENCEACA STUDIOS, New Town, CA June, 2000 to PresentA $10 million designer and manufacturer of museum, aquarium, zoo, and visitor center exhibits and retail space for domestic andinternational markets.VP OF FINANCE / CFO, New Town, CA – Hired to lead spin-off effort/revitalization of financial health for AS, secure additionalfunding, and refocus on long-term growth sustainability. Direct financial, tax, IT, purchasing, and general administration.Lead/participate in new business generation, contract pricing/negotiation, and marketing. Key member of four person executivemanagement team. Only one of four, including president, who report to owner. Overhauled financial reporting system.

Turned net operating cash flow positive for only the second time in 5 years (from $1.7 million negative to $35,000 positive),through revamping of credit practices, pricing methodologies, cost restructure, and staff productivity.

19% per project average revenue increase and doubling of profit through development of new strategic direction/pricingmethodology. New model led to 45% decline in direct labor costs, doubling of productivity, 25% reduction in overhead, and a225% increase in profit margin.

$2.5 million in write-offs prevented through hard-line negotiating and use of leverage with several large delinquent clients. Increased brand awareness through enhanced advertising/marketing strategies.

e.MARKET DESIGNS.COM, San Francisco, CA 1999-2000A start-up on-line marketing communications consulting firm.FREELANCE CFO – Performed strategic financial/business planning, financial modeling, budgeting/analysis, systems design, andstaff development. Coached management in business plan development and employee compensation issues. Networked with outsidecontacts to enhance business operations. Established administrative polices and functional accounting system.

21% increase in sales within two quarters through focusing of business plan. Maintained positive cash flow through advanced payment system for advertising. Development of accounting system, business model, policies/procedures within first months of employment. $500,000 line of credit established through strengthening of company balance sheet. Advised in arrangement of a 50% equity stake negotiated with international on-line marketing consortium.

YANCY and RUGGLES / WWW PARTNERSHIP, San Francisco, CA 1999A $250 million partnership between two major divisions of Y & R to consolidate and market integrated suite of marketingcommunications services. Partnership disbanded in late 1999.SENIOR VP / CHIEF FINANCIAL OFFICER – Directed all financial/administrative functions of partnership and its units.Upgraded financial staffs of each operating unit. Revised pricing structure and methodology. Developed partnership business plan.

18% overhead savings and 22% savings of direct service costs through enhanced administrative efficiency and cooperation. Attracted new clients through leveraging of fully-integrated abilities and multi-faceted pricing structure. 16% increase in staff efficiency/productivity due to institution of time-of-staff utilization model. Developed, sold, and implemented comprehensive restructuring to attain optimal flexibility of staff and meet margin goals.

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B. WINTERS THEOBOLD USA / WEST, San Francisco, CA 1983-1998A $325 million division of $7 billion parent company marketing domestic and international communications services for large clientsin diverse industries.SENIOR PARTNER / REGIONAL FINANCE and ADMINISTRATION DIRECTOR (1990-1998) – Lead F&A manager forregion, directing all financial/administrative matters. Charged with finance, accounting, tax, legal, real estate, staffing/payrollfunction, capital expenditures, IT activities, client compensation agreements, and managed directly or indirectly 57+ employees.

Oversaw 250% + regional growth in volume and 333% increase in operating profit. Region maintained highest operating marginwithin all of BWT for over 6 years.

Tripled margin and contribution of LA office through consolidation, enhanced client profitability reporting, and effective time-of-staff utilization analysis.

83% reduction in bad debt write-offs through improved credit controls and renegotiated contracts. Streamlined client list to focus on 40% of accounts that produced 80% of revenues/profits. Negotiated 24% increase in gross margin of dominant international client, using three-pronged revised compensation approach. Co-managed $2.5 million in gross revenues from development of digital art studio. $8+ million annual revenues preserved and $50 million credit risk avoided through outsourcing media placement with high credit

risk clients. Co-developed and administered executive compensation programs, which were effective motivators and retention vehicles.

VICE PRESIDENT / FINANCIAL DIRECTOR (1987-1990) – Promoted into position, and through management of 27 employees,assumed full financial/administrative responsibility for San Francisco office. Worked with domestic task force to design/convertcentralized reporting system and restructure accounting department. Office doubled in size and tripled in profits during this period. Five-fold increase in professional-to-staff ratio through extensive introduction of computer technology. Successfully managed integration of direct response subsidiary into general agency operations. $6.5 million in office lease savings over 10 years through effective landlord negotiations and in office build-out supervision.

FINANCIAL MANAGER (1983-1987) – Through 17 employees, managed all billing, collections, accounting, banking, purchasing,IT, and reporting functions. Significantly increased department productivity in first year through staff empowerment. 18% increase in operating margins through implementation of time-of-staff utilization/client profitability model. 27% increase in collections experience and 90% decrease in write-offs through effective monitoring and incorporation of

collections results into management bonus program.

HAWKINS & STROUD, LLP, San Francisco, CA 1981 -1983 SENIOR AUDITOR for REGIONAL ACCOUNTING FIRMPlanned and supervised audit engagements and tax returns for a variety of large and small, privately held corporations andpartnerships. Primary industries: mortgage banking, manufacturing, distribution, hospitality and legal services. DELOITTE, HASKINS and SELLS, Portland, OR 1979 -1981 AUDITOR for INTERNATIONAL ACCOUNTING FIRM Prepared financial statements, assisted in year-end audits and quarterly reviews, documented and evaluated internal control systems,and prepared individual and corporate tax returns. Worked on both large publicly-traded SEC companies and small private concerns.

PROFESSIONAL LICENSESCertified Public Accountant – California – 1982. Exam passed on first attempt after college graduation.

HONORS & ASSOCIATIONS- 1992: Gave valedictorian address at MBA graduation ceremony

- 1998: “Tom Yamada Award” – JWT – for career contribution, standards, and ideals- Founding Board member and Treasurer: Bay Area Society for TV, Advertising, and Radio.

- Board member and Treasurer: Bay Area Advertising Relief Committee. - Board member: Marin County Historical Society.

- Member: Toastmasters International – Southern Marin Chapter.