Mike Rich
Trusted financial and operational executive, voice of reason, expert in SaaS business principles.
- Role
- Chief Financial Officer at Foundation Software
- Location
- Cleveland, OH, US
- LinkedIn followers
- 500 followers
About Mike Rich
Results-driven finance and operations leader with significant experience building and scaling high-growth, top performing, SaaS businesses backed by marquis PE and VC investors. Led two successful exits, raised numerous rounds of capital and negotiated transformational debt financings. Recent exits have generated more than $1B in value for shareholders and investors.Extensive strategic leadership experience and proven track record of success in the healthcare software market as well as with companies of all sizes in multiple industries. Entrepreneurial spirit and creativity combined with a strong business perspective have resulted in multimillion-dollar profit and sales increases. In addition to finance and accounting, deep understanding of sales operations and strategy, customer success principles, marketing dynamics and how each integrate and work in unison. Recent accomplishments include guiding OnShift through each of the ‘Forming, Storming, Norming, and Performing’ phases of business leading to a successful sale, returning more than 8x cash-on-cash return to investors.Previous accomplishments include personally investing in and restructuring a distressed business; resurrecting it from a decade of losses to profitability in less than 1 year. The company was acquired by a strategic investor.
Experience
Chief Financial Officer
Jun 2024 — Present · Cleveland, OH, US
Education
Xavier University - Williams College of Business
B.S. B.A., Finance
Skills
- Competitive Analysis
- Contract Negotiation
- Start-Ups
- Forecasting
- Manufacturing
- Budgets
- Negotiation
- Team Leadership
- Sales
- Business Strategy
- Process Improvement
- Sales Management
- Product Development
- Customer Service
- New Business Development
- Cross-Functional Team Leadership
- Marketing Strategy
- Business Development
- Account Management
- Project Management
- Strategic Planning
- Product Management
- Saas
- P&L Management
- Team Building
- Marketing
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