A seasoned finance titan with over 35 years in the industry, David More has demonstrated unrivaled financial proficiency, strategic acumen, and dynamic leadership. His vast experience extends from prestigious CFO roles in both Private and Public companies to VP Finance, Planning, and HR positions at Fortune 100 companies in the US and Canada.

David's remarkable journey is characterized by:

  • The effective instillation of financial disciplines paired with the delivery of top-tier processes and controls.
  • Spearheading multifunctional teams with the aim to optimize cost structure, thereby ensuring the implementation of scalable systems.
  • Masterful strategic decision-making, adept M&A executions, investor relations, and skillful negotiation, often acting as a vital asset for CEOs and Boards of Directors.

Professional Journey:

Sangoma - EVP Corporate Development & CFO (Oct 2010 - Feb 2023)

  • Orchestrated the significant transformation of Sangoma, transitioning its primary hardware business to an 80% Services-oriented establishment over 12 years, driving revenue from $10 million to a staggering $250 million.
  • Championed a blend of internal development with 11 acquisitions, financed through approximately $100 million equity and $150 million debt, leading to the establishment of the broadest array of SaaS services in the telecom arena.
  • Streamlined financial systems, consolidated companies, and introduced a forecasting model for precise management reporting.
  • Enhanced operations, fostering improved turnaround times and managing relationships with external partners including banks, vendors, and customers.
  • Delivered punctual and accurate external reporting while effectively managing audit and taxation facets.
  • Engaged prolifically with investment banks, focusing on strategy, financial structuring, and acquisitions.
  • Supervised an array of corporate services, ranging from HR and compensation matters to real estate, logistics, sales contracts, and more across various nations.

Truition SaaS E-commerce Company - CFO (Aug 2007 - Dec 2009)

  • Steered the transformation of a loss-making VC-backed company, turning it profitable and subsequently selling it to a US public company.
  • Introduced a new business model, streamlined the Finance department, and implemented real-time consolidation systems.
  • Instituted innovative business metrics and management reporting structures and secured a $900k SR&ED filing.

ZOOMERMEDIA Ltd - CFO (Aug 2006 - Aug 2007)

  • Developed business models and cash flow processes for a leading online firm targeting the 50+ demographic.
  • Conducted a comprehensive review of financial controls, elevating them to the desired standards and significantly reducing the monthly closing cycle.
  • Managed end-of-year audits, TSX exchange filings, and other crucial financial operations.

Izzitu Services - Consultant and Owner (Nov 2002 - Jul 2006)

  • Formulated business plans and financing strategies for Toronto-based entities, including public company capital structures.
  • Offered expertise in RTO deals, financings, CEO compensation structures, option plans, and more.

David's extensive experience and myriad accomplishments span a gamut of specializations, from financial leadership, controls, results reporting, corporate structuring, to M&A, international business expertise, and systems design.