Fund Manager - Meet the Executive Team
David Hiatt – Chief Financial Officer
David’s function as our CFO is in overseeing our budgeting, planning, finance, tax planning and the accounting functions. He has fifteen years of experience as CFO of high technology and international companies. This includes experience as general manager of a multi-national business and as managing director of a Japanese joint venture where he established European distribution channels and managed European-wide financial operations as CFO. Additionally, David has IPO experience, successful M&A experience, as both buyer and seller, and successful turnaround experience. His extensive experience in the financial markets, including working with both the sell and buy sides of Wall Street, venture capital firms, and commercial banks, will be a great asset to the AAI Fund as it continues to grow
Jayne Leiner – Director of Human Resources and Compliance
Jayne came to us through the Fund’s acquisition of Lighthouse Imaging Corp, working alongside her husband, Dennis Leiner, PhD., as they started up Lighthouse. Jayne’s experience in HR is very valuable as we continue to add companies and employees. AAI now has approximately 120 employees requiring more on-going human resource and benefit plans management. Jayne also brings her compliance experience working closely with the FDA for medical device registrations, with ISO for quality control both in design and medical device manufacturing and other compliance areas such as OSHA, ERISA and other quality systems
Raymond R. Walsh – Project Manager
Ray is the Fund’s Project Manager helping the portfolio companies with various projects such as setting up production lines, organizing startups and ramping up new product offerings. He has a chemical engineering degree and vast experience in process industries such as pulp and paper. Mr. Walsh also serves on the Real Estate Committee.
ANANIA & Associates’ four other employees provide treasury, accounting and IT services.
Florian Knappe – Director
Florian, A&A’s CFO since 2009, previously worked as Controller for Correct Building Products LLC, a company ANANIA & Associates contracted with to help turnaround / restructure leading to an eventual sale. Florian, a German native, was a logical choice to set up the Fund’s European office which is headquartered in Heidelberg, Germany. In addition to English he speaks German and Dutch has the financial experience and working knowledge of the AAI Fund to develop the infrastructure required in Europe. His primary focus will be to develop new sales channels for four of the portfolio companies with a presence in Europe plus enhance existing relationships to help increase sales. AAI also plans to establish a warehouse operation in the Netherlands to facilitate more economical transfer and registration of product into the EU.