Tony Olivito
Advisor at Hummingbird Nano
Tony Olivito
Advisor at Hummingbird Nano
Greater Chicago Area
Overview
Work Experience
Fractional CFO
2015 - Current
After the excitement and media fades, I continue to work side by side with founders to grow their businesses. With my vast experience investing in companies (>70) and diverse operating roles, I am a utility player that helps teams win. I assist with business development, operations, technology, and finance.
Partner
2018
Co-founding partner responsible for sourcing and evaluating pre-seed/seed stage deals outside of traditional VC hubs, due diligence, investment decisions and supporting portfolio companies. The fund is now fully invested and no longer making new investments.
COO & Co-founder
2019
Medical Ingenuities' PH Band System removes the guesswork from radial artery closure. It provides the user with real-time Doppler feedback to audibly detect antegrade flow past the compression point and streamlines workflow.
Advisor
2021
Co-CEO
2015 - 2021
Hummingbird Nano's 3D technology produces commercial grade microfluidics faster and with better performance than traditional manufacturing. Member of founding team. Responsible for identifying product/market fit. Developed and implemented commercialization strategies. Formed business alliances with key partners and customers in the life sciences industry. Developed stage appropriate business processes and infrastructure. Built financial plan, developed key milestones and raised capital.
Principal
2016 - 2020
Our clients hire us because of growing pains. Declining growth. Uncontrolled growth. Stagnant growth. GO CFO partners with leaders to build an appropriate finance function for the unique stage of each client's business. We can do it together or we can do it for you. GO CFO can augment your team or be your on-demand, outsourced finance and accounting team. • GO-TO-MARKET services provide insights that translate into actionable strategy. GO's operational experts can also be part of your team to execute them.
Sr. Director, Strategy
2014 - 2015
HAVI Global Solutions provides supply chain and marketing analytics; promotions management; customized packaging and supply chain managed services; and recycling, waste and sustainability solutions. Partner with senior leaders to develop strategies and create linkage to action plans and success measures for Analytics, Supply Chain Services and Promotions business units. Developed business cases, acquisition strategy, competitor assessments, product roadmap and implemented an innovation process.
Sr. Director, Controller
2011 - 2014
Developed and maintained financial and accounting processes, internal controls and systems for a private multi-billion dollar global supply chain company. Responsible for month-end close, monthly financial reporting and analysis, budget development, audit, payroll, working capital management (A/R, A/P and inventory), applicable state tax filings, support for federal/foreign tax, and financial and ERP system improvements. Evaluated business models and developed processes for start-up corrugated businesses in US, Asia and Brazil. Integrated packaging consulting acquisition and recycling services joint venture. Reorganized financial reporting team consisting of 4 direct reports and total team of 21 to support business growth. Coordinated external audit activities. Migrated legacy foreign financial system into global JDE platform.
Sr. Director, Operations Accounting (Supply Chain Finance)
2010 - 2011
Converted ad-hoc customer requests into an ongoing network optimization service. Provided design and account management support for commodity analytics tool. Accountable for staff of 12 managing several billion dollars of A/P, A/R and supply chain data services for McDonald's suppliers and distribution centers, including manufacturing and logistics costs, product pricing, and analytical support.
Director, Operations Accounting (Supply Chain Finance)
2006 - 2010
Responsible for growing transactional services by > $1 billion. Accountable for team that managed supply chain data including pricing records for McDonald's. Identified and won new business opportunities. Drove process integration with Promotions, Supply Planning, Logistics and other departments. Implemented technology driven process improvements, leading to higher customer satisfaction. Nominated as top talent to participate in the Accelerated Career Development Program.
Sr. Manager, Business Analysis
2002 - 2006
Managed corporate reporting processes, including month-end, budget, forecast and strategic plan for a company with 13 foreign and US entities. Designed and implemented a financial consolidation system utilizing Hyperion. Liaised with external auditors, researched accounting treatment for certain transactions and prepared audited financials and footnotes. Reviewed requests for capital expenditures. Coordinated accounting activities for the acquisition of a Brazilian marketing company.
Mgr., Strategy
1999 - 2002
Established process and analyzed forecasts, budgets and strategic plans. Evaluated logistics service in China, resulting in shut-down of operations. Modeled scenarios for relocating a Midwestern distribution facility. Performed a cost structure analysis of an operating subsidiary that resulted in an organizational restructuring. Evaluated requests for capital expenditures. Created a new global accounting policy and procedure manual. Researched key competitors and industries.
Sr. Financial Analyst
1995 - 1999
Provided financial and strategic analysis for acquisitions, divestitures, and JV's.
Analyst
1993 - 1995
Analyzed and presented economic and financial information for litigation. Calculated damages for patent infringement cases. Modeled remediation for two allegedly overvalued real estate funds. Prepared a financial distress model for litigation.