Derek Humbard

CFO / VP of Operations at Portland Internetworks
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(386) 825-5501

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Helder Sebastiao, PhD

Derek was an integral part of our iniatives in entrepreneurship during his two years at USD. He served as my Graduate Assistant and as Graduate President of the Entrepreneurship Club. During his tenure the E-Club evolved from a small tribe of entrepreneurship enthusiasts to a major campus organization which others try to emulate. He was instrumental in fostering linkages with student entrepreneurs at other San Diego schools, as well as with organizations such as MITEF, CONNECT, and SDVG. Derek also competed in the San Diego State Venture Challenge and was a student in my MBA Entrepreneurship course, typically rated as one of the most challenging and demanding in the program. Through his studies and experiences Derek has honed his skills in assessing new venture and funding opportunities, writing business plans, and preparing presentations for prospective investors. If you are in need of these services, I think you'll find Derek to be a very insightful, competent, dilligent, and professional resource.

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Experience

    • United States
    • IT Services and IT Consulting
    • 1 - 100 Employee
    • CFO / VP of Operations
      • Sep 2022 - Present

      Portland Internetworks is one of Portland’s top IT Support companies, providing anything related to IT support including managed services, network architecture, colocation, and hardware/software sales. Current overall responsibilities and accomplishments:- Serve as the #2 at Portland Internetworks- Help the CEO provide direction and leadership- Part of Leadership team that develops strategies & goals- Helped double company revenues in four years, earning placement on the 2020 Inc. 5000 list- Helped in the push to become a Certified B Corporation- As Chief Financial Officer, I'm in charge of the Administrative department and ultimately accountable for finance, accounting, human resources, recruiting, risk management, office management, contracts, M&A activity- As Vice President of Operations, I'm a co-leader of the Service department, with a focus on making our service delivery best in class aka turning Portland Internetworks into the Four Seasons of the Managed Service Provider industry

    • Chief Financial Officer
      • Aug 2019 - Aug 2022

    • Director of Finance And Administration
      • Oct 2018 - Aug 2019

    • Controller
      • Jul 2016 - Sep 2018

  • Crimson Maze Consulting
    • San Diego, California, United States
    • Owner / Consultant
      • Feb 2015 - Jun 2016

      Crimson Maze Consulting provided professional solutions to San Diego small businesses in the areas of Accounting, Operations, & Business Planning, specializing in the Craft Beer and Hospitality industries. Crimson Maze Consulting provided professional solutions to San Diego small businesses in the areas of Accounting, Operations, & Business Planning, specializing in the Craft Beer and Hospitality industries.

    • Hospitality
    • Chief Operating Officer / Chief Financial Officer
      • Feb 2011 - Feb 2015

      L.W.P. Group is an award-winning residential and commercial real estate development company that acquires, renovates, and manages properties in San Diego. Notable projects include: The Pearl Hotel & Eat at the Pearl (thepearlsd.com) - a 23-room boutique hotel with mid-century modern design & one of the top hotel restaurants in the city, Tacos Perla (tacosperla.com) – an authentic Mexican fast causal restaurant in North Park, Community@ (communitybylwp.com) – an affordable brand of urban properties comprised of six buildings featuring 150 multifamily residential units and 30 commercial units, Onyx & THIN (onyxroom.com) – one of San Diego’s longest running nightclubs. Major Accomplishments: Served as the #2 of LWP Group, working hand in hand on a daily basis with the managing partner, Led the company to growth both in size (revenues grew from $4 million to $8 million in four years) and in stature within the San Diego hospitality and real estate development world, Key member of the development team that opened Tacos Perla in June 2014. Management & Strategy Responsibilities: Provided leadership for 10 managers and 80 employees across 12 companies that LWP owns and manages, Worked with the owner to define short and long-term goals for the company and for staff. Finance & Accounting Responsibilities: Managed accounting staff and their basic A/R, A/P, cash, payroll duties; finalized monthly financial reports and presented to managing partner and investors, Prepared annual budgets & monitored actual performance against budgets, Performed cash flow forecasting for all companies, primarily related to capital expenditures & partner distributions. Human Resources & Legal Responsibilities: Managed paperwork related to the hiring, review, and termination of employees, Maintained sufficient commercial liability, business insurance, and workers compensation, Worked with various attorneys in the areas of contract review, labor law, liquor licensing.

    • Food and Beverage Services
    • Co-Founder
      • Jan 2011 - Dec 2013

      LOVELIKEBEER created pop-up, one night only, vegan beer dinners for charity; event locations included Blind Lady Ale House, Tiger!Tiger!, Toronado, Hamilton’s Tavern, Local Habit, Sea Rocket Bistro, & The Linkery; partner breweries for these events include Alesmith, Stone, The Bruery, Modern Times, Jolly Pumpkin, Coronado Brewing, and Automatic Brewing; named ‘12 to Watch in 2012’ by West Coaster magazine. LOVELIKEBEER created pop-up, one night only, vegan beer dinners for charity; event locations included Blind Lady Ale House, Tiger!Tiger!, Toronado, Hamilton’s Tavern, Local Habit, Sea Rocket Bistro, & The Linkery; partner breweries for these events include Alesmith, Stone, The Bruery, Modern Times, Jolly Pumpkin, Coronado Brewing, and Automatic Brewing; named ‘12 to Watch in 2012’ by West Coaster magazine.

    • United States
    • Financial Services
    • 700 & Above Employee
    • Associate Editor
      • Jul 2010 - Jan 2011

      Analyzed quarterly conference calls held by public companies Analyzed quarterly conference calls held by public companies

  • Various Real Estate Brokers
    • San Diego, California, United States
    • Real Estate Financial Advisor
      • Sep 2004 - Jul 2008

      Worked as an independent contractor and provided real estate advisory services to clients Worked as an independent contractor and provided real estate advisory services to clients

    • United States
    • Telecommunications
    • 400 - 500 Employee
    • Internal Auditor
      • Nov 2003 - Aug 2004

      Worked at TDS, a Fortune 500 telecommunications company with over six million customers; completed audits on U.S. Cellular, a TDS subsidiary and the nations’ sixth largest wireless company Worked at TDS, a Fortune 500 telecommunications company with over six million customers; completed audits on U.S. Cellular, a TDS subsidiary and the nations’ sixth largest wireless company

    • United States
    • Accounting
    • 700 & Above Employee
    • Senior Staff Auditor
      • Sep 2001 - Nov 2003

      Served as an auditor at Crowe, the eighth largest public accounting firm in the US, performed audits on private companies with revenues between $50M to $500M Served as an auditor at Crowe, the eighth largest public accounting firm in the US, performed audits on private companies with revenues between $50M to $500M

Education

  • University of San Diego
    MBA, New Venture Mangement
    2008 - 2010
  • Indiana University - Bloomington
    BS, Accounting, Entrepreneurship, International Studies
    1996 - 2001
  • Bonn American High School
    1991 - 1995

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