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Steven Besbeck is a seasoned executive with over 40 years of experience in various industries, including investment banking, technology, and healthcare. He has held senior leadership positions at several companies, including Managing Director at Aaron Capital and Chairman, President and CEO at American Cytogenetics, Inc. Besbeck has also served on the boards of directors for several companies, including MeetMe, Inc. and Iris International, Inc. He holds a BS degree in Finance and Accounting from California State University-Long Beach.

Experience

  • Aaron Capital
    • United States
    • Managing Director
      • Oct 2015 - Present
      • United States

  • Diamond Capital Advisors
    • Greater Los Angeles Area
    • Managing Director
      • May 2011 - Oct 2015
      • Greater Los Angeles Area

      Investment banking services to middle market companies including mergers and acquistions, capital transactions, advisory services.

  • MeetMe, Inc.
    • New Hope, PA
    • Board Member and Chairman of the Audit Committee
      • Sep 2012 - Nov 2013
      • New Hope, PA

      Appointed to the board of directors until the next annual meeting of shareholders. MeetMe® is the leading social network for meeting new people in the US and the public market leader for social discovery (MEET).

    • Board Member, Chairman of the NomGov Committee, member of audit committee
      • Sep 1990 - Oct 2012

      Active long-term board member of a leading global invitro diagnostics company.

    • Managing Director-Medical Technology Practice
      • Oct 2009 - Apr 2011

    • Chairman, President and CEO
      • Aug 1983 - Dec 2007

      Co-founded company taking it from concept and prototypes, through raising capital and initial production to becoming a top five (customer ratings) company in industry. Wrote business plan, established operating infrastructure, created branding and marketing plans. Instituted accounting and financial systems. Directed day-to-day operations. Served as chief spokesperson for company. (Continued) Drove start-up company to revenues of $16M, providing company vision, strategic planning, and global product management.• Orchestrated IPO, follow-on offering and numerous additional fund raisings; managed acquisitions and diversification strategy.• Spearheaded product development, expanding product offerings to win significant market share and loyal customer following.• Directed management team (COO, CFO, CTO, VP of Sales, Director of Marketing, Director of Regulatory Affairs), with general oversight of 120+ employees.• Identified and executed strategic merger that led to integration of two diverse businesses.• Led team that developed and integrated FDA and ISO quality system regulations and transformed operations.

    • President and CEO
      • 1975 - 1983

      Initially hired to liquidate near bankrupt health food supplement and vitamin retailer. Negotiated dissolution over 8 months, realizing several hundred thousand dollars in cash and working capital. Identified potential of company’s small lab, created business plan and gained buy-in for expansion, receiving appointment as Board Member and President of lab subsidiary. Managed day-to-day operations, orchestrated business development strategy, created organizational infrastructure and reintroduced organization as public company to investors. Reported to Chairman of the Board of Directors.

Education

  • 1967 - 1970
    California State University-Long Beach - College of Business
    BS, Finance and Accounting

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Industry Focus. “Technology, Healthcare, Investment Banking”

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