Our professional backgrounds range from seasoned entrepreneurs to professionals with over $7 billion in P&L responsibility with Fortune 100 companies. Experience ranges from navigating the unknowns of startups, leading turnarounds, designing complex capital structures, designing and implementing strategic plans, managing global manufacturing supply chain systems, developing department of defense technologies, creating marketing systems and developing public policy. Experience includes top leadership positions with HP, Boeing, Micron, Boeing, Northrop Grumman and numerous startups
Industry experience includes computer hardware, semiconductors, software, manufacturing, finance, construction, defense, health care and marketing industries.
Rick Seymour. Former Vice President & General Manager, Hewlett Packard
Mr. Seymour recently completed a 33 year career with Hewlett Packard as the Vice President and General Manager of the LaserJet Hardware division where he was responsible for over $4.5 billion in revenue and 1,200 employees. While leading that division he successfully combined two LaserJet product divisions, improved gross margins by over 5 points, grew market share and introduced a complete lineup of new multifunction devices.
During his career Mr. Seymour was responsible and led multiple printer related divisions. With revenues ranging from $2 billion to over $7 billion, responsibilities for up to 8,000 people and factories in Singapore, Puerto Rico, Ireland and the United States Mr. Seymour was responsible for multiple successes. Results included achieving and maintaining number one market share positions in domestic and emerging markets, 5x improvements in quality results, redesigned multi-factory manufacturing businesses with reduced exposure to vertical liabilities, reduction of inventory days outstanding from 67 to 40 and consistent revenue growth and profits of his divisions.
Mr. Seymour has a BS in electrical engineering from University of Illinois.
John Hale. Former Managing Partner, KPMG Boise, Idaho
John recently retired from KPMG LLP after 29 years consulting to US and foreign banks on risk management, operations, credit risk, capital adequacy, regulatory matters, and Bank M&A. John led KPMG’s National Credit Risk Management Practice for 19 years, focusing on all aspects of lending operations and credit portfolio management.
John began with the Office of the Comptroller of the Currency (OCC). John left the OCC to build a successful bank consultancy in Southern California focusing on administrative orders and outsourced credit review, and along the way designed a loss forecasting and reserving software still in use by various community banks. In 1995 he sold that consultancy to KPMG and joined their Regulatory Advisory Practice working from the San Francisco office.
In 2000, John accepted the role as Partner in Charge for KPMG’s Advisory Services in Latin America where he managed consultancies in 17 countries advising all industries but maintaining a focus on banks.
Upon returning to the US, John joined Providian Financial, a troubled monoline credit card issuer operating under a cease and desist order. As the Chief Risk Officer, John was responsible for enterprise risk management, Board reporting, credit review, model validation, internal audit, consumer compliance, Sarbanes-Oxley, and risk reporting. John chaired the Enterprise Risk Management Committee, served on the Disclosure Committee, and served as Interim General Auditor and Interim Chief Compliance Officer.
John rejoined KPMG in 2004 as the Office Managing Partner for the Boise, ID office, where he was responsible for enhancing KPMG’s brand and expanding revenues. Concurrently, John resumed leadership of KPMG’s national commercial credit risk practice leading major projects in multinational and regional banks. During that time John led the M&A due diligence on over 40 banks.
John’s prior clients include Fannie Mae, Ford Financhial Group, DeutscheBank, Goldman Sachs, Bank of the Cascades, Banner Bank, AmericanWest, Idaho Banking Company, Panhandle State Bank, Syringa Bank, Sterling Bancorp, Washington Mutual, , Stifel Financial, Los Alamos National Bank, CapGen Financial Group, Square 1 Bank, Bank of Hawaii, Pacific Capital Corporation, California State Banking Department, the International Monetary Fund, Regions, BBVA Compass, and Spain’s central bank (the National Bank of Spain).
John received a Masters in Business Administration from the University of Idaho. He is an avid mountain biker, rafter, and struggling guitar student. John is a full time Dad who tries really hard to keep up with his teenagers and stay relevant.
Jeffery Sayer, Former Secretary of Commerce, State of Idaho
Mr. Sayer recently completed a four-year Governor appointment as the Secretary of Commerce for the state of Idaho. During his tenure he was instrumental in revitalizing the department from an organization described as non-existent or irrelevant to Idaho businesses to one that was engaged and widely recognized as a key influence for the state’s economic growth. Mr. Sayer was instrumental in passing key business attraction legislation that created nationally recognized incentives, one of which was responsible for attracting over $1.3 billion in new payroll to the state in its first year.
Prior, Mr. Sayer was the President and Chief Financial Officer of Mountain View Hospital in Idaho Falls where he played a key role in a turnaround of the facility. Begun as a small 20 bed, private hospital, Mr. Sayer helped lead the facility from near bankruptcy to the 6th largest healthcare system in the state of Idaho. The facility was successfully sold to a strategic buyer in 2010 after recording over 20% EBITDA margins on revenues in excess of $80 million.
Mr. Sayer began his career with Ernst & Young in Silicon Valley where he specialized in advising venture-capital funded technology companies through all stages of growth. Since then he has provided financial and executive leadership for companies ranging from start-up ventures to companies with over $500 million in sales. His experience includes corporate turnarounds, public offerings, equity financings, mergers & acquisitions, and extensive involvement in corporate strategy and leadership.
Mr. Sayer is a CPA and graduated from Brigham Young University.
Jeff Neiswanger, Founder, CEO Channel Blend
Jeff Neiswanger began his entrepreneurial career at the age of 12 with the formation of a lawn service and one employee. Since then Jeff has founded several companies and has a proven track record of starting and growing successful businesses.
Channel Blend facilitates and develops consumer communication and outreach strategies for large clients who utilize digital media advertising platforms. Jeff established Channel Blend in October of 2003 and now employs over 200 employees Idaho Falls, Idaho.
Prior to Channel Blend, Jeff founded and operated TSI (Tele-Servicing Innovations) which was awarded Inc. 500 status in 2001. TSI employed approximately 650 people in five Idaho communities and averaged an annual revenue growth rate of 112%.
In addition, Mr. Neiswanger co-founded Spectrum Tele-Services, a virtual call center company headquartered in Denver, was President of CPSI, a call center company headquartered in Denver that employed approximately 1,300 people conducting inbound and outbound call center services for the cable industry, and has been awarded a US patent for a distributed workforce telephony product.
Jeff has dual degrees in finance and insurance from the University of Northern Colorado.
Jay Grove, Former Vice President, Business Development, Northrop Grumman Communication Division
Jay Grove is recognized for the successful, spirited growth of aerospace and defense electronics organizations. Mr. Grove is a subject matter expert in developing and fielding defense electronic systems, including sensors and communications. He has consistently delivered exceptional top line growth and bottom line results. An outstanding communicator, Jay is adept at leading organizations to profitable growth during seasons of rapid change such as start-ups, turnarounds, restructurings, and post- acquisitions.
As Vice President for Business Development for Northrop Grumman’s Communication Systems Division, Jay’s team increased annual bookings by over $250M and was instrumental in defining strategic plans, strategic technology investments, and initiating development of international markets.
Previously, Jay led Northrop Grumman business units (>$500M). His team reset an advanced avionics manufacturing facility and international supply chain for the F-35 Tactical Fighter program. Jay’s unit spearheaded the development of electronic warfare systems resulting in the only program of record for Counter IED systems. Jay led numerous quick reaction program teams providing aircraft integration, deployment, and support of sophisticated avionics aboard high altitude business jets & unmanned aerial vehicles, as well as large transport/mission aircraft.
Prior to joining Northrop Grumman, Jay served as Group Vice President for Argon ST, Inc. (now Boeing Defense Systems) Network Systems Group, Division Vice President for EMS Technologies, Inc. (now Honeywell, Inc.) Defense & Space Systems Division, and held engineering, P&L management positions of increasing responsibility at ViaSat, Lockheed Sanders, and TRW.
Jay earned an MS in Engineering from the University of Dayton, and a BS in Electrical Systems Engineering from Wright State University.
Gorden Gates, Former President of CorGard
Gorden’s background spans experience in Strategic Planning, Corporate/Business Development, and Marketing at industry leading companies and start-ups. He has extensive international experience, having participated in numerous business activities in Asia, Europe, the Middle East, and Australia.
Before joining Rectify, Gorden was President of CorGuard, a small manufacturer of specialty coated metals for the semiconductor industry. During this turnaround effort, he focused on diversifying the customer base, improving product quality and throughput, and finding a strategic buyer for the business.
Prior to CorGuard, Gorden was the head Corporate Strategy and Development at Aptina Imaging (now ON Semiconductor), the pioneer in manufacturing CMOS Image sensors. Gorden worked with the executive team and investor group to cultivate technology acquisition opportunities.
Before Aptina, Gorden was the head of the Corporate Development team at Micron Technology, a leading memory chip manufacturer. While at Micron, Gordenled or participated in numerous successful acquisitions including Photobit which became the seed to Micron Imaging’s business unit (branded Aptina). Gorden later co-led the spin out of Aptina from Micron.
Prior to Micron, he was with International Team for Company Assistance, a consulting firm in Warsaw Poland; and The Boston Consulting Group, an international management consulting firm. Gorden received a BA with honors from Whittier College and an MBA from Harvard Business School.
Jeff Evanson, Former Executive Vice President & Chief Financial Officer, Superior Farms
Mr. Evanson recently completed a 28-year career at Superior Farms. Superior Farms is the largest fully integrated domestic manufacturer of lamb in the United States with revenues of $250 million. Mr. Evanson is a senior financial professional with expertise in the protein, manufacturing, consumer products and supply chain industries. Mr. Evanson served as Chief Financial officer since 2002. He identified, participated in and completed multiple opportunities involving mergers, acquisitions and strategic alliances. In addition, he led the charge to divest non-performing assets and built the strongest company in the lamb industry.
Superior Farms has been an employee owned company for 25 years. Mr. Evanson served as the Chairman of the ESOP Administration committee. Superior Farms paid out more than $20 million dollars to employee owners during his tenure as CFO.
In addition to numerous roles in finance over the years, Mr. Evanson spent four years as General Manager and Vice President of Specialty Products. Profits improved nearly $2.5 million from a loss of $500,000 the year prior to his involvement to a profit of $1.8 million in 2001. Sales grew by 225% during this period. Mr. Evanson also assumed the responsibility of Vice President of Sales for one year and has served as Executive Vice President since 2009.
Mr. Evanson served on the corporate board of directors as well as each the companies partnerships. He currently serves as an outside director for Panorama Meats, an organic grass-fed beef company.
Mr. Evanson has a business degree from Boise State University. In addition, Mr. Evanson completed courses an Executive program for growing companies at Stanford and Strategic Alliances: Creating growth opportunities at Wharton School of Business.