Resume

Albright Advisors LCC

Resume

JAMES A. BURK

WORK EXPERIENCE

MobileBits Holdings Corporation 

2012-2015

Publicly held traded on OTC Markets
2012 Gross Revenues: $0.8m; Employees: 17
Mobile App Developer and Distributor

Chief Financial Officer

Reporting to the CEO and Audit Committee, directly responsible for all finance, treasury, strategic/business planning and forecasting, investor relations, SEC reporting and facility management.

• Restructured the worldwide insurance program adding coverage, increasing limits and for no additional cost.
• Developed a comprehensive financial and cash flow model for discussions with potential investors.
• Restructured the business reducing the monthly burn rate by 50% to $200,000.

Nero AG

2010-2012

Privately held with Private Equity Backing
2010 Gross revenues: $65m; Employees: 400
Digital Media Software Developer and Distributor

Chief Financial Officer

Reporting to the CEO, directly responsible for all finance, treasury, strategic/business planning and forecasting, legal affairs and facility management.
• Restructured the business reducing the overall cost base by $7 million. Further restructuring still in process.
• Renegotiated office lease reducing rent $500,000 over the five year lease term
• Restructured the worldwide insurance program adding coverage, increasing limits and realizing $100,000 in annual savings
• Implemented a comprehensive cash flow model to proactively monitor and manage worldwide available

Youbet.com

2007-2009

Publicly traded on NASDAQ
2008 Gross revenues: $109m; Employees: 330
Internet Gaming

Chief Financial Officer

Reporting to the CEO, and the Audit Committee, directly responsible for all finance, treasury, strategic/business planning and forecasting, SEC reporting, SOX compliance, legal affairs, facilities and human resources. Acted as the primary contact for stock analysts and investors. Responsible for banking relationships.

• In conjunction with the CEO, restructured the business, selling or closing unprofitable businesses and reducing the overall cost base by $10 million.
• Restored operating profitability within eight months and maintained it for 5 consecutive quarters.
• Successfully negotiated new $15 million combined term loan and credit facility consistent with the restructured business environment.
• Restored SOX compliance within six months.

Palace Entertainment

2006-2007

Private equity (Mid Ocean Partners) owned with publicly held bonds
2006 Gross revenues: $162m; Employees: 6,000
Operator of water parks and family entertainment centers within the United States

Chief Financial Officer

Reporting to the CEO and the Audit Committee, directly responsible for all finance, treasury, information systems, business development analysis, strategic/business planning and forecasting, SEC reporting and SOX implementation. Working in conjunction with the CEO and COO, responsible for establishing long-term strategies, developing operating standards and performance targets and monitoring execution. Responsible for maintaining strong banking relationships in this highly seasonable business.
• Participated in $150m IPO debt offering (S-4) and managed the subsequent SEC filings 10Q, 8K and 10K.
• Drafted earnings releases and investor call scripts as well as participated in quarterly calls with investors and analysts.
• Acquired Raging Waters-Sacramento from Six Flags. 

United Cinemas International

2000-2005

50/50 Joint Venture with Paramount Pictures and Vivendi Universal. 
Gross Revenue: $575m; Employees: 4,000.
International Cinema Developer and Operator

Executive Vice President and CFO 

Reporting to the CEO, directly responsible for all finance, treasury, information systems and administrative functions of this film exhibition company operating 114 sites and 1127 screens in 12 countries. Working in conjunction with the CEO, responsible for establishing long-term strategies, operating standards, performance targets and monitoring execution. Responsible for the $250 million international bank syndication loan facility.

NBC/Universal Studios

Senior Vice President International Operations (Universal Pictures)

1979-1999

Senior Vice President and CFO (Universal Pictures) 

1996-1996

Various financial positions with increasing responsibilities including Vice President Finance

1990-1996

Universal Pictures, Studio Controller, Production Controller and Director of Internal Audit

1979-1990

PriceWaterhouseCoopers, Alumni

EDUCATION

University of Southern California, BS, Business Administration.                     
University of California, Los Angeles, Director Certification Program

OTHER ACTIVITIES

Homeboy Industries                                                                             
Director, Member of the Finance and Fund Development Committees

2009-Present

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