John D. McCarthy

John provides strategic CFO/CEO services on an interim or consulting basis to investors and their portfolio companies. Focus on startups, turn-arounds and growth situations in technology, manufacturing and services.

John has over 15 years experience in financial management for startups and publicly traded companies. Focus on financial planning & analysis, restructurings/turnarounds, M&A, capital raising and corporate development in the US and China for private (VC/Distressed Debt/PE) and public technology, manufacturing and service companies. Experienced in leading change and transformation in difficult situations. Broad experience in M&A deal sourcing, due diligence and post-merger integration.

John is currently Interim CFO at Stylesight.com. Prior to this he was Acting CFO for Etsy.com.

John held senior positions, including acting CFO and SVP Sales & Corporate Development with Globix Corporation (hosting and managed services provider) during its successful turn-around and restructuring through bankruptcy.

Prior to joining Globix, John held financial and general management positions with Young & Rubicam, United Technologies and the NYC internet incubator LC39 Venture Group. He received an MBA degree from The Wharton School of Business of the University of Pennsylvania and a Masters degree in International Studies from Wharton's Lauder Institute. He received his undergraduate degree in Asian Studies from Connecticut College and is proficient in Mandarin Chinese.

John D. McCarthy’s Specialties:

Startups, Turnarounds, Restructurings, M&A, China Investments, Capital Raising, Operations, Sales, Financial Management of publicly traded and private (distressed debt/venture/private equity backed) and public entities, SEC Reporting, S-1, Sarbanes-Oxley, Turnaround Management Association (TMA) and Association for Corporate Growth (ACG)

John D. McCarthy’s Experience

Ops and Finance Consultant

20x200 | Jen Bekman Projects, Inc.

(Privately Held; Arts and Crafts industry)

October 2009 — Present (2 months)
Consultant

outside.in

(Privately Held; Internet industry)

January 2009 — Present (11 months)
Partner/Consultant

JDM Associates

(Privately Held; 1-10 employees; Management Consulting industry)

November 1998 — Present (11 years 1 month)

Consultant providing Strategic CFO/COO services to PE/VC/Distressed Debt Investors and their portfolio companies. Experienced in Chinese investments.

--Pre-Investment Services including Due Diligence & Financial Modeling
--Acquisition Integration, 100-Day Plans
--Cost Reduction Analysis & Implementation
--M&A Advice
--Turn-Arounds & Restructuring
--Interim Executive Management
--Performance Improvement
--China Investments
Interim CFO

Stylesight

(Privately Held; Apparel & Fashion industry)

May 2009 — October 2009 (6 months)
Acting CFO and Business Development Consultant

Etsy

(Privately Held; Internet industry)

April 2008 — April 2009 (1 year 1 month)

Provided Business Development and Financial consulting to this rapidly growing marketplace backed by Union Square Ventures and Accel Partners.
EVP Operations/CFO

Fitlinxx, Inc.

(Privately Held; 51-200 employees; Information Technology and Services industry)

January 2006 — January 2008 (2 years 1 month)

Private software and hardware company providing automated fitness data collection and tracking technology to over 750 fitness centers and health clubs worldwide.
• Responsible for Finance, Customer Support, Manufacturing/Purchasing, Operations, Network Management, Human Resources and Legal.
• Raised equity and debt from leading venture capital firms; negotiated re-purchase of existing debt and equity on favorable terms.
• Developed and implemented new subscription pricing plan for existing customer base.
• Led operational & financial integration of acquisition of wireless technology company, FitSense Technologies, Inc.
Acting CFO/SVP Sales and Corporate Development

Globix Corporation

(Internet industry)

March 2001 — March 2005 (4 years 1 month)

Member of executive team that led turn-around and subsequent growth of Globix. Led Finance, Sales and M&A functions.

Sales & Marketing
• Responsible for global revenue generating activity.
• Achieved 6 consecutive quarters of revenue growth; reversed 2 year trend of continuously declining revenue; increased annualized revenue by $12 million (23%).

M&A and Corp. Dev.
• Acquired and integrated Aptegrity, $6 million venture capital backed Managed Services Provider.
• Analyzed Hosting and Managed Service companies for potential acquisitions; conducted discussions and performed due diligence with management teams and investment bankers of target companies.
• Sold and exited non-core business lines.

Finance
• Developed and implemented company wide plan that reduced EBITDA loss by over 80% following successful pre-packaged Chapter 11 Bankruptcy.
• Managed 25-person worldwide finance and accounting division. Initiated Sarbanes Oxley compliance program, managed SEC reporting and investor relations
VP Finance

LC39 Venture Group

(Privately Held; 11-50 employees; Venture Capital & Private Equity industry)

March 2000 — March 2001 (1 year 1 month)
VP, Director of Business Affairs

Young & Rubicam

(Public Company; 1001-5000 employees; Marketing and Advertising industry)

November 1996 — November 1998 (2 years 1 month)

Financial Planning and Analysis for Y&R Advertising and Wunderman Cato Johnson (WCJ)
Controller/Leadership Associate

Pratt & Whitney

(Public Company; 10,001 or more employees; UTX; Aviation & Aerospace industry)

August 1993 — October 1996 (3 years 3 months)

• Negotiated all financial terms and led due diligence efforts for the first western aerospace manufacturing joint-venture in China.
• Developed and implemented innovative customer financing strategy, resulting in multiple sales of $20 million aero-derivative power units to Chinese power industry.
• Directed financial function of $400 million division focused on fulfilling company’s $1.4 billion international offset/counter-trade liability through direct investments and manufacturing agreements.
Import/Export, Sales & Manufacturing

Mitsubishi International Corporation

(Public Company; 10,001 or more employees; International Trade and Development industry)

May 1988 — May 1991 (3 years 1 month)
Consultant/Intern in Beijing Office

US-China Business Council

(Non-Profit; 11-50 employees; International Trade and Development industry)

December 1986 — January 1988 (1 year 2 months)

John D. McCarthy’s Education

University of Pennsylvania - The Wharton School

MBA , Finance, Marketing , 1991 — 1993

MA in Chinese, Lauder Institute
Peking University

Chinese August 1986 — June 1987

Activities and Societies:

Power Forward on the Peking University Basketball Team
Connecticut College

BA , Chinese/Asian Studies/History , August 1982 — May 1986

Activities and Societies:

Attended Middlebury College Summer Chinese Language School
Staples High School

1979 — 1982