1. DAVID M. FIORITO
Bristow VA 20136 / (732) 221-8803 / dfiorito0@outlook.com
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PROFESSIONAL EXPERIENCE
Highly accomplished, results driven accounting and financial management executive with significant
experience in finance, operations analysis, start-ups and mergers & acquisitions for national banking
institutions. Demonstrated ability to turn around and streamline business operations to drive growth and
improve efficiencies. Career interaction at executive management levels with solid communications and
interpersonal skills to build a team atmosphere at all staff and management levels in fast-paced
environments.
Core Competencies
- Profit & Loss Responsibility - Strategic Planning & Analysis
- Organizational Leadership - Performance Optimization
- Revenue Forecasting - Crisis Management
- Policies & Procedures Development - Expert in Excel & QuickBooks
JETdebit, LLC
Vice President, Finance & Accounting (April 2016 - Current) Bristow, VA
Start-up private aviation company specializing in worldwide private jet charter brokerage.
 Drafted policies & procedures covering sales & accounting flow
 Created specialized accounting architecture in QuickBooks
 Prepare monthly statements and interface with clientele
 Manage all accounting and finance activities
 Annual revenue forecast to exceed $3 million dollars
METROPOLITAN AVIATION, LLC
Vice President, Finance & Accounting (April 2012 – March 2016) Manassas, VA
Turned around and managed the accounting and finance departments of a struggling regional private air
carrier. Reorganized departments, establishing an environment of accountability, and consensus building
& teaming. Established new QuickBooks Enterprise accounting architecture for streamlined data entry,
robust reporting and cash flow analysis. Created the company’s trademarked owner Recap Statements
providing monthly financial analysis on the performance and profitability of each plane in the fleet.
 Drafted comprehensive policies & procedures manual to establish best practices & benchmarking
for consensus building & teaming
 Profitability Improvement: Doubled fleet to 10 planes growing revenue from $6.5 mil to $18 mil
 Developed Excel based private label jet card quoting platform
 Successfully led a comprehensive FET audit with the IRS resulting in savings of over $300k in
fines/penalties
SOVEREIGN BANK
Vice President, Work Out Division (October 2010 – March 2012) Princeton, NJ
Responsible for working out of an diverse portfolio totaling $280 million of defaulted loans ranging from
aircraft loans to letters of credit backing private schools.
 Successfully divested three aircraft at double expected liquidation value
 Restructured two expiring private school letters of credit totaling more than $30 million resulting
in market rate loans backed by new equity infusions

2. TALL BRIDGE ASSET BACKED FUND, LP
Founding Partner (December 2004 – September 2010) Red Bank, NJ
Launched a fund with an alternative asset-backed investment strategy. Raised capital from a variety of
accredited investors, private equity and venture capital.
 Drafted comprehensive policies & procedures for company covering underwriting, document flow
and closing procedures
 Funded more than 600 loans totaling more than $90 million with cumulative return of 56%
through 2009
 Established and negotiated joint ventures & alliances
 Managed an organization with staff of more than 30 individuals across 13 states
FLEET CAPITAL CORPORATION (1995 – 2004)
SVP, Portfolio Manager (October 2000 - May 2004) Chicago, IL & New York, NY
Managed a team of loan officers with over $500 million in loan commitments. Portfolio consisted of
various stand-alone manufacturing and service companies as well as platform companies owned by
venture capital firms in the Chicago and New York markets involved in mergers, acquisitions,
recapitalizations and refinancings. Maintained and created extensive communication and interaction with
executive management teams of customers and the venture capital firms. Responsible for developing
strategies to support customer growth, underwriting customer acquisitions, negotiating modifications to
the deal restructure, negotiating and executing legal documents, cross sell bank products including cash
management, derivatives and high yield products and train junior loan officers.
 P&L responsibility over a portfolio of $150 million
 Responsible for a staff of loan officers with combined portfolios exceeding $400 million
 Produced over $12 million in fee income over the period
Vice President, Portfolio Administration (October 1995 - September 2000) Chicago, IL
 Underwrote three transactions totaling over $120 million in commitments
 Negotiated and closed ten transactions totaling over $320 million in commitments and syndicated
commitments totaling $90 million to seven participants
 Responsible for new business origination in Chicago and Michigan markets
 Reviewed 30 deals, issued nine letters of intent, and closed one deal while responsible for business
development in the Chicago market from February 1999 through October 1999
BANKAMERICA BUSINESS CREDIT, INC.
Vice President, Portfolio Administration (September 1992 - September 1995) Chicago, IL
 Successful workout of three non-performing loans totaling $27 million
 Produced $504 thousand additional income through negotiated fees
 Re-underwrote three transactions totaling $98 million
 Underwrote $18.7 million of a $125 million commitment and secured co-agency status resulting
in a more attractive closing fee of 75 basis points ($141 thousand)
EDUCATION
James Madison University, Harrisonburg, VA:
Bachelor of Business Administration: Major in Finance / Minor in Economics.