Overture Networks, Inc.
Chief Financial Officer
Research Triangle Park, NC
Client Snapshot:
Founded in 2000 by CEO, Jeff Reedy, Overture Networks is a late stage, venture-backed, Carrier Ethernet edge and aggregation partner to more than 200 service providers and enterprise customers worldwide, including 10 of the top 15 US Carrier Ethernet service providers. Headquartered in Research Triangle Park, NC, with a technology center in Richardson, TX, Overture Networks is relentlessly focused on providing solutions at the ever-expanding edge of the carrier network.
Global Revenues: est. $25M - $35M
Global Headcount: 100
Company Type: Late Stage Venture
Line of Business: Communications Infrastructure
Search Overview:
Overture Networks is the leader in its niche to provide Carrier Ethernet Platform Services. Through continuing product innovation and world class customer service, Overture continues to take more of their fair share of market and plans for an IPO. With the integration of Cerberus completed, the finance organization consisted of a single person – an accounting manager. The CFO will have the responsibility to develop the finance team and will be the principal architect of the company’s fiscal vision and strategy. In addition, the CFO will play a key role in acquiring a final round of private capital and leading the company through its planned IPO.
Top Search Requirements
The successful candidate will display the following competencies and characteristics:
- Significant experience as CFO of a
venture-backed, high technology company.
- Strong working knowledge of software
development and revenue recognition; SOP 97-2 and VSOE.
- Experience with leading a company through a significant exit transaction; preferably an IPO or acquisition.
- Strong preference for candidates local to
Research Triangle Park (RTP).
- Recent and relevant experience with a
publically traded company and the requisite ability to guide the company through accounting, policy, and regulatory change.
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BNG Placement – Arthur Bergens CPA
Overture Networks, Inc.
Chief Financial Officer
Previous:
Centice Corporation
(Private, early revenue)
CFO & COO
Amkor Technology, Inc.
(NASDAQ; $1.2BB)
(acq. Unitive in 2004)
VP, Finance and Administration
CFO, Unitive
Modus Media International, Inc.
(Private; $650MM)
CFO, Americas Region
Controller
Tano Automation, Inc
(Private)
CFO
Ernst & Young
Senior Manager
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