Resume

1. DAVID MICHAEL FIORITO
10900 Meadow Walk Lane, Bristow VA 20136 / (732) 221-8803 / dfiorito0@outlook.com
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PROFESSIONAL EXPERIENCE
Highly seasoned executive with strong middle market banking background and private sector operations
expertise. Career interaction at the CFO/CEO under strict time constraints.
 Managed over a billion dollars of highly active middle market cash flow and asset based
transactions ranging from $5 million to $500 million, as lead agent
 Solid experience working with private equity to fund leveraged buyouts, mergers acquisitions as
well as recapitalizing platform companies
 Excellent analytical skills, projection modeling and reviewing/restructuring operational work flow
 Expert knowledge of Excel, finance, accounting and writing/establishing polices & procedures
TRU AVIATION, LLC
CFO (April 2016 - Current) Manassas, VA
Start-up private aviation company specializing in charter brokerage and FAA Part 91 aircraft
management.
 Created accounting architecture in Quickbooks
 Drafted policies & procedures covering sales & accounting flow
 Manage all accounting and finance activities
METROPOLITAN AVIATION, LLC
CFO & EVP (April 2012 – March 2016) Manassas, VA
Responsible for turning around the accounting and finance functions by reorganizing departments,
establishing environment of accountability, instituting formal policies and procedures, re-writing new
QuickBooks architecture allowing for streamlined data entry and robust detailed reporting. Created the
company’s trademarked owner Recap Statements providing comprehensive monthly analysis on the
performance of each plane to aircraft owners.
 Drafted comprehensive policies & procedures manual for accounting flow
 Doubled the fleet to 10 planes resulting in revenue growing from $6.5 million to $18 million
 Assisted in the development of a private label jet card program including development of quoting
platform
 Successfully navigated an FET audit resulting in the IRS dropping $300k in penalties and interest
 Created month end owner aircraft performance reporting package
SOVEREIGN BANK
Vice President, Work Out Division (October 2010 – March 2012) Princeton, NJ
Responsible for working out of an eclectic portfolio totaling $280 million of defaulted loans ranging from
aircraft loans to letters of credit backing private schools.
 Successfully sold three aircraft at double expected liquidation value
 Restructured two expiring private school letters of credit 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 and pursued an investment strategy providing short to medium term bridge loans
backed by residential and commercial investment real estate.
 Drafted comprehensive policies & procedures for company covering underwriting, document flow
and closing procedures
 Funded more than 600 loans totaling more than $90 million
 Cumulative return of 56% through 2009
 Managed an organization with staff of more than 30 individuals across 13 states
FAMILY TIME
Husband & Father to be (June 2004 - December 2004) Little Silver, NJ
Left corporate world to spend time with my wife during her pregnancy with twins. The boys were born
October 17, 2004.
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.
 Directly manage 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
Managed a portfolio with commitments exceeding $250 million in various manufacturing and service
industries. Responsible for new business origination in Chicago and Michigan markets from February
1999 to October 1999. Developed formal calling program aimed at top venture capital firms and
investment banks, attended prospect meetings with equity sponsors, managed the underwriting process,
and negotiated and executed legal documents following the execution of a letter of intent and formal
credit committee approval.
 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
 Generated over $3.8 million in negotiated restructuring fees and $195 thousand in annual income
from the sale of cash management and interest protection products
 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

3. BANKAMERICA BUSINESS CREDIT, INC.
Vice President, Portfolio Administration (September 1992 - September 1995) Chicago, IL
Managed a portfolio of highly leveraged transactions totaling $146 million in various manufacturing and
service industries. Responsible for relationship management, directing account strategies, developing and
negotiating restructures, closing transactions, legal documentation, and underwriting client acquisitions.
Following credit committee approval, responsibilities included detailed reviews of loan documents to
ensure compliance with approved terms and conditions.
 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)
HELLER FINANCIAL, INC. (October 1986 to August 92)
Assistant Vice President, Portfolio Administration (October 1989 - August 1992) Chicago, IL
Managed a $153 million highly leveraged portfolio in Media Industries including Cable Television,
Broadcasting, and Paging. Responsibilities included relationship management, underwriting add-on
acquisitions, problem loan workout and restructuring credits.
 Negotiated seven loan restructures totaling $104 million
 Underwrote three transactions totaling $55 million
 Produced $350 thousand in negotiated fee income
Asst. Vice President, Portfolio Analyst (July 1988 - September 1989) Chicago, IL
Responsible for analyzing a diverse 110 account portfolio of manufacturing, retail and service industries
for the internal group president and senior credit officer. Prepared and presented a comprehensive
portfolio performance review on a quarterly basis to the chairman of the board, credit committee, and
senior management including representatives of Fuji Bank Ltd.
 Developed the position, determined its scope, and established credibility for the position through
thorough analysis and presentation of portfolio credit risk
Client Examiner (October 1986 – June 1988) Atlanta, GA
 Supervised client and new business prospect audits including analysis of financial statements,
management, internal controls, and collateral
 Trained three junior auditors
 Expedited the liquidation of an insolvent food distributor
EDUCATION
James Madison University, Harrisonburg, VA, May 1986:
Bachelor of Business Administration: Major in Finance / Minor in Economics.
REFERENCES UPON REQUEST