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Robert K.

Bench
626 East 1820 North 801-362-2115
Orem, UT 84097 bbf35a9a@westpost.net
PROFESSIONAL Forward thinking, astute Executive and CFO with 20+ years success i
mplementing solutions for growth,
SUMMARY change, expansion and distressed business turnaround. Dynamic managemen
t career spans domestic and global environments in high-tech, executive/professi
onal services, oil/gas, construction, and investment banking/securities. Experie
nced in Capital raising initiatives including: Private Placements, PIPEs, IPOs a
nd APOs (reverse mergers).
* Trusted advisor who excels at establishing, transforming and consolidating ope
rations, targeting M&A candidates, performing due diligence, raising $MMs in cap
ital, acquiring talent and integrating companies and cultures.
* Savvy negotiator, completing deals within timeframes and profitable parameters
.
* Strategically develop and translate company-wide financial policies and proced
ures; able to see the business drivers behind the numbers, build functional repo
rts useful for decision-support and provide insightful analysis to executives.
* Continuously seek innovative ways to improve operation profitability and effic
iency, by introducing new technologies, systems, methods and controls.
PROFESSIONAL CPA - Certified Public Accountant

CERTIFICATIONS
PROFESSIONAL Tatum LLC, Salt Lake City, UT 2008 - 2010
EXPERIENCE Managing Partner 2 years
Held direct accountability for Salt Lake City operations of nation's largest and
fastest growing executive services firm providing CFOs and Controllers to diver
se clientele. Managed recruiting, training, client staffing, HR, P&L, business d
evelopment, contract negotiation and client relations. Augmented clients' existi
ng management teams, contributed to special project teams and served as Interim
Officer or Manager at client sites for periods ranging from days to several year
s.
Key Accomplishments:
* Instituted a team culture of networking, active marketing and business develop
ment.
* Recruited top performers to replace non-producers, a 50% positive turnover.
* Formed 6 networking groups of business leaders in 3 major Utah communities.
* Within 12 months, created a positive contribution margin and achieved 100% eng
agement of all partners/principals (zero bench time).
* Landed one of Tatum's largest clients with $1MM+ in annual billings.
BayHill Group, Orem, UT 1999 - Present
Co-Founder and Principal 11 years
Established private investment strategy firm focused on obtaining investment cap
ital for business growth, recapitalizing equity structures, finalizing new techn
ology acquisitions, managing private and public companies, restructuring busines
s units and defining/executing new growth strategies. Functioned as Consultant/E
xecutive Officer to the following clients:
BayHill Capital Corporation, CFO to public Internet media and marketing company.
Guided new Board of Directors to turn around business experiencing loss in reven
ue ($15MM to $4MM) and a cash flow at $-5MM.
Key Accomplishments:
* Raised $2MM to fund turnaround, settle obligations and establish solid footing
.
* Within 6 months, company was cash flow positive with $100K per quarter.
* Restructured equity, name change and change of domicile; hired management team
.
* Implemented accounting and information system, internal/financial reporting co
ntrols, and policies/procedures for GAAP and public reporting.
* Negotiated sale of company's subsidiary to prepare for merger and APO.
Genesis Petroleum US, Inc., US Agent for this subsidiary of China-based company.
Key Accomplishments:
* Directed all oil/gas field operations on 5,000 acres of leases and 15 wells, i
ncluding geological, engineering, production, drilling activities, compliance an
d sales.
* Assumed all administrative and finance functions, including setting up account
ing system and reporting to parent company and government agencies.
* Formed drilling partnership for 2 wells in a $1MM drilling farmout arrangement
.
* Saved company $1MM in negotiated creditor payments and from bankruptcy.
Innuity, Inc., CFO to public Software as a Service (SaaS) company with 150 emplo
yees.
Took company public via reverse merger and private placement of $1.5MM (APO).
Key Accomplishments:
* Consolidated 3 units into a centralized Finance, Administration and HR Departm
ent; streamlined sales and marketing functions and implemented JD Edwards softwa
re.
* Raised $5MM+ in capital to complete 3 mergers.
* Led firm to generate $25MM in annual revenue with 200 employees in three state
s, poised for additional acquisitions and continued internal growth.
The SCO Group, Inc., CFO to international public software company.
Managed Administration, Production, Shipping, IT, HR, Legal, and Finance Departm
ents with 220 employees in 13 countries.
Key Accomplishments:
* Led acquisition/integration of $220MM software company (Santa Cruz Operations)
.
* Saved $35MM annually through business process reengineering.
* Raised $50MM+ in PIPEs and private offerings.
* Increased market value from $25MM to $300MM+.
Westwind, Inc., a private aviation firm to commercial and Department of Defense
sectors.
Co-founded company and served as Director and VP of Corporate Development
Key Accomplishments:
* Secured $7MM in venture capital; closed $50MM government contract.
* Grew staff from 5 to 50 employees and annual revenue from $1MM to $30MM.
Sento Corporation, Orem, Utah 1996 - 1999
CFO 3 years
Managed financial and reporting for private to public technical services call ce
nter in rapid growth mode. Strategic advisor to CEO, Board of Directors and seni
or management team.
Key Accomplishments:
* Completed acquisition by public company and private placement for $1MM in APO.
* Raised an additional $10MM in several PIPEs for growth capital.
* Secured 3 acquisitions that grew company from 30 to 300 employees in 3 years.
* Negotiated and acquired software intellectual property worth $7MM.
Cerprobe Corporation/Fresh Test Technology Co., Phoenix, Arizona 1991 - 1996
Public multi-national, 250 employee, computer chip design and testing company 5
years
CFO CerProbe (1995 - 1996) / President Fresh (1991 - 1995)
Key Accomplishments:
* Merged private and public company, adding $3MM to its $10MM in annual revenues
.
* Introduced company to Wall Street and the investment community, increasing sto
ck from $3 to $15 per share and market cap from $10MM to $50MM over 6 months.
* Completed PIPE for $18MM for growth capital.
* Raised $5MM to finance development of state-of-the-art testing equipment.
* Negotiated Joint Venture worth $20MM with Mitsubishi.
* Positioned company for acquisition by Kulicke & Soffa.
PRIOR CFO, Axent Technologies, NP Energy
EXPERIENCE Contract Administrator, International Bechtel
Financial Principal, Cannon Securities
CPA, KPMG Peat Marwick
EDUCATION Utah State University, Logan, UT
B.S., Accounting

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