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LORI ABITTAN
Woodbridge, ON L4H 1N3  (416) 918-7520 lori.abittan@yahoo.com  https://ca.linkedin.com/in/loriabittan @twitter.com/lori_abittan
CHIEF EXECUTIVE OFFICER  EXECUTIVE VICE PRESIDENT
Transformational Leadership – Turnarounds – Pioneer of New Brand Concepts – Trailblazer
Proven Leadership in Driving Market Share Growth and Domination through Innovative Brand Concepts
Influential,inspirational and transformational leader withthe proven abilityto cultivate loyal, committedandempoweredhigh-
performanceteamsandorganizations.Excelsinleadingthroughcomplexityandlarge-scaletransformationwitharelentlesspursuit
of innovative, cutting-edgesolutionsandoperationalexcellence.
VALUE TO ORGANIZATION
• Strategic Vision, Planning& Execution
• U.S. & InternationalMarkets
• ChallengesStatusQuo
• Mergers,Acquisitions& Divestitures
• Large-scaleTransformation
• RevolutionaryBrandConcepts
• Capital Financing/Structuring
• White SpaceCapitalization
• CapitalRaising/ExpansionProjects
• StakeholderManagement/ BoardRelations
• High-stakesNegotiations
• Joint Ventures/Partnerships
• Aggressive Go-to-MarketExecution
• Sales, Marketing & BusinessDevelopment
EXECUTIVE NARRATIVE
INDEPENDENT ADVISOR & STRATEGIC CONSULTANT 2013-Present
Provide strategic consultation and guidance to emerging markets in Canada. Consulted on a Juice Business start-up and an
incubatorfor a line of HealthFoodproducts. Provided insightto politicalfigureson reachingoutto Canada’sculturalcom munity.
Researchedandappliedforthe MBA program at AthabascaUniversity. Led discussionswitha numberof youth on job prospect,
start-ups and tappingincashpools.
MULTIMEDIA NOVA CORPORATION | Listed on the TSXV 2003-2013
A communications,marketing, printinganddistribution organization
ChiefExecutiveOfficer /President–DiversityMediaServicesand LinguaAds (2004-2013)
Provided strategic vision, direction and leadership for Multimedia Nova Corporation as chief executive officer, while concurrently
providingexecutive leadershipforone of the company’slargestrevenue-generatingdivision,DiversityMediaServices,andLingua
Ads. Led 10 directreportsresponsiblefor150 employees.
Led thecompanythrough significant,complexchallengesandrestructuring following appointmentto CEO:
• As newCEO, faced numerouschallenges,includingCRAdebt of $5M securedbymultiplevotingshares andrecalledbank
debt of $500Ksecuredby Multimedia’sassets,as wellas 90% revenue concentrationfrom 2foreignaccounts.
- Additionallychallengedwitha highlyleveragedbalancesheet,highturnover of staff, and lowmorale.
- Facedwith Boardmandateto unwindorrestructure.
SNAPSHOT IMPACT:
• Revolutionized Canada’smultimediaindustry.
Pioneeredandbuiltnewconcept,capturing85%of
Canada’semergingmarketsin49languages.
• Established newdivisionin 3monthsthatgenerated
~$7M annuallywith apipelineof>$20M.
• Boosted salesby~30%acrossall products.
Empowered,trainedandalignedSalesorganization,
providingtools neededto achievebeyondthe imaginable.
• Reduced foreignrevenueconcentration 90%to 30%.
Continued  LORI ABITTAN  (416) 918-7520 lori.abittan@yahoo.ca  Page 2 of 3
- Createda flat structureandremovedbarriersbetweendepartmentsto take advantage of economiesofscale.
Opened linesof communication,builtconsensusanddealtwithconflicts.
- Actively soughtout alternative financing,negotiatingextensivelywith bankexecutives andseniorCRA officials.
• Repositioned thecompanyto becomemoreviable,secureand stablein themarket. Ledefforts to reducerelianceon
foreignrevenues. Led refinancingeffortsof $20M over the years.
- RefinancedthroughaCanadianInstitutionalLender,successfullyclosinga $5.5M financingagreementwitha Canadian
Charteredbank, securedbya $3M insurancepolicyonreceivablesandan$850K sub-deb.
- Negotiated a $3.7M debtreductionwithCRA, andsuccessfullycloseda4-year $4M US convertibledebenturewitha
U.S. Lenderat prime,plus3% at a conversionpriceof $8.00,with a 6-monthstocktrialingprice$.25.
- Reduced foreignrevenueconcentration 90%to30%throughCanadianstart-ups, acquisitionsandorganicgrowth.
- Restructuredtheorganization, reducing workforceby20%resultingin a 25% operatingexpense savings.
• Experienced unprecedented dropsin advertising forcommunitynewspapersduringthe2008/09financial crises.
- Quicklyalignedmarketingstrategiestothe plightof smallbusinessesinthetrading area,creatinga“Shop Local”
campaignforVaughanTodaypublicationandthe“Best of Toronto”TownCrierpublications.
- As a result of this effort, reached>3,000businessesincreasingtheclientpoolby20%.
- Reducedoverallcostsby 15%(5% above target) by offering a hybrid of programsandstrategies.
• Boosted salesby~30%acrossall products.Empowered,trainedandaligneda 25-personSalesorganization,providing
them the tools andsupport neededto drive results.
Drovewhitespacecapitalization in theCanadian market,launching newconceptin 2007:
• Revolutionized Canada’smultimediaindustry.Pioneeredandbuiltnewconcept,
capturing 85%ofCanada’semerging marketsin 49languages bysourcingand
aggregating >600mediachannels(existingprintandon-linepublishersandbroadcasters
acrossCanada)inmultiplelanguageswithareachof over 5.5 millionhouseholds.
- Newconceptuniquelypositionedthecompanyto capitalizeonunmetneeds of
Fortune100/500companiesand capturedsignificantmarketshare.Personallyforged
relationshipsneededtodrive this effort.
- Movedaggressively to market, buildingacomprehensivemediachannelplatform
(>600channels)within3months.Recruitedaninternalteam of 10. Maximizedprofits
by bundlingwithcompany’sPublishingandPrintingdivisions.
• Officially launchedtheDiversityMarketing Services (DMS)division builton this
concept.Secured $1Mcontractwith General Motorswithinfirst3monthsoflaunch.
- Within first year of operationthenewlycreatedDMSsold$4M worth of contractsand
hada pipelineof $7M.
- By 2013, DMSgenerated~$7M annuallywitha pipelineof>$20M (includingmanyFortune500contracts).Grewdivision
from 12 to 25 publicationsovera 5-year period.
- Boosted marginsby100%withinfirst year by forging aggregatorpartnershiprelationshipwithLinguaAds.
ExecutiveVice Presidentand COO (2003-2004)
Served as a driving force behind the company’s digital transformation, operational optimization, and exponential revenue growth
Participatedincreatingabusinessplan,raisingcapitaland executingexpansionprojects.
• Retained and grewa$2.5M printand distribution accountand a$5M publishing subsidiarybasedin Rome.
• Executed all corporateacquisitionsasmandated bytheCEO and Board ofDirectors.
Grew sales by 70%
within first year of new
concept launch
Continued  LORI ABITTAN  (416) 918-7520 lori.abittan@yahoo.ca  Page 3 of 3
MULTIMEDIA WTM CORPORATION 1993-2002
An integratedcommunications,printingandbroadcastingorganization
VICE PRESIDENT (1999-2002)| GENERAL MANAGER (1993-1998):
Promoted in 1999 to focus efforts on building and executing short and long-term strategies to promote brand awareness and
adoptioninthe market. Negotiated thelinesof credit,capitalleases,mortgagefinancingandprivateloansto supportexpansion.
• Grewdivisionfrom 50to 150employeesdispersed across8 multicultural mediaoutlets.
• Sourced and acquired a45,000sq.ft. facility to house2 European printingpresses in Canada,enablingthecompany
to grow andexpand,and capitalizeongrowingopportunityin the market.
• Successfullynegotiated an insurancepolicywith theExportDevelopmentCorporation on foreignreceivables.
Enablingtheorganizationto refinanceaportionof the foreignreceivablepool.
• Presented an application to theCanadianRadio TelevisionCommission fora specialtylicense.
EDUCATION
Candidate for Post Baccalaureate Diploma in Management (PBDM) and MBA Program, Athabasca University
Program start date: May 2016
Administrative Studies, York University
PUBLIC SPEAKING ENGAGEMENTS
Over 100 speaking engagements on diversity and integration
PROFESSIONAL AFFILIATIONS & APPOINTMENTS AWARDS LANGUAGES
2013 Nominee – Women of Influence – RBC’s Canadian Women Entrepreneur
2008 Woman of the Year Award – Recognized for work in the communityof Vaughan with a focus on the local economy
Past Member of the Toronto Police Chief’s AdvisoryBoard
Past Board Member of the McMichael Canadian Art Collection
Past Board Member of the Centre for Diversity & Past Board Member, Multimedia Nova Corporation
Past Member of CJFE (Canadian Journalists for Free Expression)
Member of Phoenix Executive Network/PEN
Member of the McMichael Art Gallery50th AnniversaryCelebration Gala to be held in June 2016
Bilingual: English/Italian

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Abittan Lori RS_Final

  • 1. LORI ABITTAN Woodbridge, ON L4H 1N3  (416) 918-7520 lori.abittan@yahoo.com  https://ca.linkedin.com/in/loriabittan @twitter.com/lori_abittan CHIEF EXECUTIVE OFFICER  EXECUTIVE VICE PRESIDENT Transformational Leadership – Turnarounds – Pioneer of New Brand Concepts – Trailblazer Proven Leadership in Driving Market Share Growth and Domination through Innovative Brand Concepts Influential,inspirational and transformational leader withthe proven abilityto cultivate loyal, committedandempoweredhigh- performanceteamsandorganizations.Excelsinleadingthroughcomplexityandlarge-scaletransformationwitharelentlesspursuit of innovative, cutting-edgesolutionsandoperationalexcellence. VALUE TO ORGANIZATION • Strategic Vision, Planning& Execution • U.S. & InternationalMarkets • ChallengesStatusQuo • Mergers,Acquisitions& Divestitures • Large-scaleTransformation • RevolutionaryBrandConcepts • Capital Financing/Structuring • White SpaceCapitalization • CapitalRaising/ExpansionProjects • StakeholderManagement/ BoardRelations • High-stakesNegotiations • Joint Ventures/Partnerships • Aggressive Go-to-MarketExecution • Sales, Marketing & BusinessDevelopment EXECUTIVE NARRATIVE INDEPENDENT ADVISOR & STRATEGIC CONSULTANT 2013-Present Provide strategic consultation and guidance to emerging markets in Canada. Consulted on a Juice Business start-up and an incubatorfor a line of HealthFoodproducts. Provided insightto politicalfigureson reachingoutto Canada’sculturalcom munity. Researchedandappliedforthe MBA program at AthabascaUniversity. Led discussionswitha numberof youth on job prospect, start-ups and tappingincashpools. MULTIMEDIA NOVA CORPORATION | Listed on the TSXV 2003-2013 A communications,marketing, printinganddistribution organization ChiefExecutiveOfficer /President–DiversityMediaServicesand LinguaAds (2004-2013) Provided strategic vision, direction and leadership for Multimedia Nova Corporation as chief executive officer, while concurrently providingexecutive leadershipforone of the company’slargestrevenue-generatingdivision,DiversityMediaServices,andLingua Ads. Led 10 directreportsresponsiblefor150 employees. Led thecompanythrough significant,complexchallengesandrestructuring following appointmentto CEO: • As newCEO, faced numerouschallenges,includingCRAdebt of $5M securedbymultiplevotingshares andrecalledbank debt of $500Ksecuredby Multimedia’sassets,as wellas 90% revenue concentrationfrom 2foreignaccounts. - Additionallychallengedwitha highlyleveragedbalancesheet,highturnover of staff, and lowmorale. - Facedwith Boardmandateto unwindorrestructure. SNAPSHOT IMPACT: • Revolutionized Canada’smultimediaindustry. Pioneeredandbuiltnewconcept,capturing85%of Canada’semergingmarketsin49languages. • Established newdivisionin 3monthsthatgenerated ~$7M annuallywith apipelineof>$20M. • Boosted salesby~30%acrossall products. Empowered,trainedandalignedSalesorganization, providingtools neededto achievebeyondthe imaginable. • Reduced foreignrevenueconcentration 90%to 30%.
  • 2. Continued  LORI ABITTAN  (416) 918-7520 lori.abittan@yahoo.ca  Page 2 of 3 - Createda flat structureandremovedbarriersbetweendepartmentsto take advantage of economiesofscale. Opened linesof communication,builtconsensusanddealtwithconflicts. - Actively soughtout alternative financing,negotiatingextensivelywith bankexecutives andseniorCRA officials. • Repositioned thecompanyto becomemoreviable,secureand stablein themarket. Ledefforts to reducerelianceon foreignrevenues. Led refinancingeffortsof $20M over the years. - RefinancedthroughaCanadianInstitutionalLender,successfullyclosinga $5.5M financingagreementwitha Canadian Charteredbank, securedbya $3M insurancepolicyonreceivablesandan$850K sub-deb. - Negotiated a $3.7M debtreductionwithCRA, andsuccessfullycloseda4-year $4M US convertibledebenturewitha U.S. Lenderat prime,plus3% at a conversionpriceof $8.00,with a 6-monthstocktrialingprice$.25. - Reduced foreignrevenueconcentration 90%to30%throughCanadianstart-ups, acquisitionsandorganicgrowth. - Restructuredtheorganization, reducing workforceby20%resultingin a 25% operatingexpense savings. • Experienced unprecedented dropsin advertising forcommunitynewspapersduringthe2008/09financial crises. - Quicklyalignedmarketingstrategiestothe plightof smallbusinessesinthetrading area,creatinga“Shop Local” campaignforVaughanTodaypublicationandthe“Best of Toronto”TownCrierpublications. - As a result of this effort, reached>3,000businessesincreasingtheclientpoolby20%. - Reducedoverallcostsby 15%(5% above target) by offering a hybrid of programsandstrategies. • Boosted salesby~30%acrossall products.Empowered,trainedandaligneda 25-personSalesorganization,providing them the tools andsupport neededto drive results. Drovewhitespacecapitalization in theCanadian market,launching newconceptin 2007: • Revolutionized Canada’smultimediaindustry.Pioneeredandbuiltnewconcept, capturing 85%ofCanada’semerging marketsin 49languages bysourcingand aggregating >600mediachannels(existingprintandon-linepublishersandbroadcasters acrossCanada)inmultiplelanguageswithareachof over 5.5 millionhouseholds. - Newconceptuniquelypositionedthecompanyto capitalizeonunmetneeds of Fortune100/500companiesand capturedsignificantmarketshare.Personallyforged relationshipsneededtodrive this effort. - Movedaggressively to market, buildingacomprehensivemediachannelplatform (>600channels)within3months.Recruitedaninternalteam of 10. Maximizedprofits by bundlingwithcompany’sPublishingandPrintingdivisions. • Officially launchedtheDiversityMarketing Services (DMS)division builton this concept.Secured $1Mcontractwith General Motorswithinfirst3monthsoflaunch. - Within first year of operationthenewlycreatedDMSsold$4M worth of contractsand hada pipelineof $7M. - By 2013, DMSgenerated~$7M annuallywitha pipelineof>$20M (includingmanyFortune500contracts).Grewdivision from 12 to 25 publicationsovera 5-year period. - Boosted marginsby100%withinfirst year by forging aggregatorpartnershiprelationshipwithLinguaAds. ExecutiveVice Presidentand COO (2003-2004) Served as a driving force behind the company’s digital transformation, operational optimization, and exponential revenue growth Participatedincreatingabusinessplan,raisingcapitaland executingexpansionprojects. • Retained and grewa$2.5M printand distribution accountand a$5M publishing subsidiarybasedin Rome. • Executed all corporateacquisitionsasmandated bytheCEO and Board ofDirectors. Grew sales by 70% within first year of new concept launch
  • 3. Continued  LORI ABITTAN  (416) 918-7520 lori.abittan@yahoo.ca  Page 3 of 3 MULTIMEDIA WTM CORPORATION 1993-2002 An integratedcommunications,printingandbroadcastingorganization VICE PRESIDENT (1999-2002)| GENERAL MANAGER (1993-1998): Promoted in 1999 to focus efforts on building and executing short and long-term strategies to promote brand awareness and adoptioninthe market. Negotiated thelinesof credit,capitalleases,mortgagefinancingandprivateloansto supportexpansion. • Grewdivisionfrom 50to 150employeesdispersed across8 multicultural mediaoutlets. • Sourced and acquired a45,000sq.ft. facility to house2 European printingpresses in Canada,enablingthecompany to grow andexpand,and capitalizeongrowingopportunityin the market. • Successfullynegotiated an insurancepolicywith theExportDevelopmentCorporation on foreignreceivables. Enablingtheorganizationto refinanceaportionof the foreignreceivablepool. • Presented an application to theCanadianRadio TelevisionCommission fora specialtylicense. EDUCATION Candidate for Post Baccalaureate Diploma in Management (PBDM) and MBA Program, Athabasca University Program start date: May 2016 Administrative Studies, York University PUBLIC SPEAKING ENGAGEMENTS Over 100 speaking engagements on diversity and integration PROFESSIONAL AFFILIATIONS & APPOINTMENTS AWARDS LANGUAGES 2013 Nominee – Women of Influence – RBC’s Canadian Women Entrepreneur 2008 Woman of the Year Award – Recognized for work in the communityof Vaughan with a focus on the local economy Past Member of the Toronto Police Chief’s AdvisoryBoard Past Board Member of the McMichael Canadian Art Collection Past Board Member of the Centre for Diversity & Past Board Member, Multimedia Nova Corporation Past Member of CJFE (Canadian Journalists for Free Expression) Member of Phoenix Executive Network/PEN Member of the McMichael Art Gallery50th AnniversaryCelebration Gala to be held in June 2016 Bilingual: English/Italian