Lyle Lohmeyer

Chief Financial Officer & Operations Manager at Cloud Pharmaceuticals, Inc.
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Raleigh-Durham-Chapel Hill Area

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Mark Snyder

I have twice had the honor and good fortune to work for Lyle. First in his role as CFO at Energy Conversion Systems and subsequently at AAI Pharma and I hope to have the opportunity to work with him again. Lyle is a world class business leader. He empowers and inspires his staff and colleagues. He is hardworking, driven, extremely intelligent and has a gift that allows him to get to the root of an issue in a very rapid manner. He empowers and inspires his staff and business partners and is a true mentor.

Beth Newton, SPHR

I was fortunate to have the opportunity to work for Lyle while at Abaco. He demonstrated all the qualities of a true leader. He effectively partnered with his senior leader colleagues to drive the business - internally and externally; he empowered, inspired and mentored his team; he always performed with high integrity; and he constantly amazed us with his extensive knowledge and insight. I've kept in touch with Lyle over the years with the hope that our working paths would cross and I'd have the opportunity to work for him again.

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Credentials

  • Certified Public Accountant, Illinois
    AICPA
    Nov, 1978
    - Sep, 2024

Experience

    • United States
    • Pharmaceutical Manufacturing
    • 1 - 100 Employee
    • Chief Financial Officer & Operations Manager
      • Jun 2015 - Present

      Cloud Pharmaceuticals develops novel first-in-class and best-in-class medicines by leveraging advanced technology, including AI, quantum computing, big data, genomics and biomarkers. We do this through a network of strategic partnerships and investments in startup companies. Cloud's emerging venture arm is an external strategic venture capital fund that develops and invests in disruptive healthcare ventures that contribute to the efficient development of therapeutics, vaccines, and diagnostics. Investments are made when both financial and strategic criteria are met Show less

    • Chief Operating Officer
      • Jan 2018 - Dec 2021

      Mirrored Motion Works (MMW) is launching a series of patented devices to achieve effective rehabilitation of limbs impacted by stroke; the benefits of the technology also apply to other causes of asymmetric weakness such as cerebral palsy. The first of these devices, the Bi-Manual Arm Trainer (BAT) has been launched and has become the standard of care at the initial Acute Care Centers that have acquired the technology. A new device for the forearm and wrist and another device for the hand and finger are are well into development and will soon be introduced. Show less

    • United States
    • Wireless Services
    • CFO | COO | Board of Directors
      • Aug 2012 - Oct 2013

      Qualia Networks (pre-revenue start-up) develops devices and software for operating over the Internet of Things. Its mission encompasses the development of various smart cities technologies, intelligent transportation systems and tools to develop smart objects. ►Completed the initial seed funding raising to launch operations. ►Completed initial incorporation, by-laws, incentive plans and shareholder agreements. Qualia Networks (pre-revenue start-up) develops devices and software for operating over the Internet of Things. Its mission encompasses the development of various smart cities technologies, intelligent transportation systems and tools to develop smart objects. ►Completed the initial seed funding raising to launch operations. ►Completed initial incorporation, by-laws, incentive plans and shareholder agreements.

    • United States
    • Pharmaceutical Manufacturing
    • 100 - 200 Employee
    • Chief Financial Officer | Acting CEO
      • Dec 2008 - Apr 2010

      $200 million diversified global manufacturing and services business serving pharmaceutical and biotechnology with operations in three principal segments: Pharmaceutical Development/Contract Manufacturing Services, Clinical Research and Bioanalysis. Growth in excess of 25% per year; 2000 employees in global sites throughout North and South America, Western and Eastern Europe. - Managed the sale of the company through four separate transactions. - Completed the closure of certain North American and South American operations. - Rebuilt budgeting, forecasting and cash management. - Implemented reductions in cost structure improving EBITDA by 8 percentage points. - Appointed acting CEO in addition to CFO responsibilities. E - Established Global leadership teams; improved communication, focus, execution. Show less

    • Chief Financial Officer | Acting CEO
      • Apr 2004 - Dec 2008

      $250 million global manufacturer of engineered materials (principally magnetics and carbon) used in sensors, motors and other devices; 1500 employees in sites including the U.S., China, India, Korea, Mexico, Italy, Germany, France, and Brazil. Financed by private equity; formed through a series of mergers. - Improved financial performance from 2004 losses of $20M to 2007 EBITDA of $8M - Completed the 2005 merger of ECS with two other businesses - Obtained financing: term, revolving and mezzanine debt aggregating $60M - Completed 2007 refinancing of the company: $12M equity with debt renegotiation Show less

    • IT Services and IT Consulting
    • 1 - 100 Employee
    • Chief Financial Officer, Treasurer and Secretary
      • 1999 - 2001

      Global technology leader in mobile computing and wireless business solutions including software and integration services; 150 employees and 200 Fortune 1000 customers in U.S. and Europe; achieved a 50% annual growth rate from 1997 to 2000 to $50 million as a result of new products and growing SAP ERP implementations. - Raised $15 million in Series B funding with five venture capital firms - Led, managed and completed implementation of Great Plains ERP system - Completed and conceived a comprehensive tax reorganization reducing tax costs by 25% Show less

    • United States
    • IT Services and IT Consulting
    • 1 - 100 Employee
    • Chief Financial Officer
      • 1997 - 1999

      World leader in navigation database technology and related software products. Revenues grew from $9 million in 1997 to $55 million in 1999; 1,000 employees worldwide; 70% of sales in international markets. - Established organization and control over a chaotic environment. Built strong finance & administration - Worked with a leading investment bank to successfully obtain new pre IPO equity capital - Led and managed the global implementation of Peoplesoft/Oracle ERP World leader in navigation database technology and related software products. Revenues grew from $9 million in 1997 to $55 million in 1999; 1,000 employees worldwide; 70% of sales in international markets. - Established organization and control over a chaotic environment. Built strong finance & administration - Worked with a leading investment bank to successfully obtain new pre IPO equity capital - Led and managed the global implementation of Peoplesoft/Oracle ERP

    • Vice President and Controller, International
      • 1995 - 1996

      Managed finance activities for all international operations for the $2.5 billion Tenneco Automotive Group, with 55% of revenues in international markets serving both original equipment manufacturers and consumer market channels. - Negotiated the acquisition of a $50 million Spanish exhaust business. Completed integration. - Managed due diligence, valuation, and negotiations to acquire a $100 million Brazilian original equipment exhaust business and a related $20 million Argentinean business - Completed a capital structure review and reorganization of international operations. Show less

    • Vice President, Finance
      • 1993 - 1995

      Chief financial officer of this $1.4 billion Tenneco Automotive division, the world's leading producer of automotive exhaust products for both OEM and aftermarket. Reported to the President of Walker Manufacturing. - Led the acquisition and integration of a $400M European OEM exhaust business. - Completed acquisition of three businesses that became aftermarket product lines. - Developed a distribution network strategy and building of a U.S distribution facility. Chief financial officer of this $1.4 billion Tenneco Automotive division, the world's leading producer of automotive exhaust products for both OEM and aftermarket. Reported to the President of Walker Manufacturing. - Led the acquisition and integration of a $400M European OEM exhaust business. - Completed acquisition of three businesses that became aftermarket product lines. - Developed a distribution network strategy and building of a U.S distribution facility.

    • Vice President & Controller, Heavy Equipent Group
      • 1987 - 1993

      Chief financial officer of $500 million multinational, three divisions, publicly traded (debt) subsidiary operating in the U.S., Canada, Europe, Australia, South America, and Africa. Report to the Group President. - Led and managed three major IT Systems projects over a four year period: SAP ERP, engineering data management, DCS planning/distribution for North American aftermarket parts and service market business.- Completed sale of $100 million Construction Division; provided transfer and support services to financial and inventory management to new management over one year.- Completed acquisitions of two mining equipment manufacturers and two Material Handling distributors and completed integration activities. Show less

    • Assistant Corporate Controller
      • 1986 - 1987

      Managed corporate accounting, financial planning, internal and external reporting, accounting research, and analysis. Report to the Vice President and Corporate Controller. Directly responsible for staff of 25.- Completed SEC S-1 registration statements for two successful stock offerings.- Integrated the financial reporting and established the acquisition accounting for two major acquisitions with $1.1 billion in annual sales.- Completed implementation of the McCormick & Dodge financial suite of software. Show less

    • Senior Manager, Assurance
      • 1977 - 1986

      Served in various professional roles in the Chicago General Audit practice. Principal clients included Fortune 500 and NYSE multinational manufacturing companies. Served in various professional roles in the Chicago General Audit practice. Principal clients included Fortune 500 and NYSE multinational manufacturing companies.

Education

  • Northwestern University - Kellogg School of Management
    Masters of Management, Finance
  • Purdue University Daniels School of Business
    BSGM, Accounting & Finance
  • Certified Public Accountant (Illinois Registration)

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