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Leadership Team

Thomas Charlton, Chairman & CEO

As Chairman and CEO, Thomas Charlton is responsible for the strategic direction and global expansion of PHD Virtual.

Prior to PHD, Mr. Charlton was CEO of Shunra Software in Tel Aviv, Israel and Philadelphia, PA. During his tenure, the organization returned to a posture of growth and profitability through a combination of restructuring and new product development. Venture backed by Insight Venture Partners, NY and Carmel Ventures, IL.

Prior to Shunra, Mr. Charlton was the CEO of VoiceGenie Technologies in Toronto, Canada, which developed a Voice XML Speech Platform. Revenues were flat and the company was suffering year over year operating losses. Mr. Charlton's team increased revenues sharply and returned the company to profitability. Under his leadership, VoiceGenie was recognized in Canada's "Hot Profit 100," ranked #1 by IDC and received multiple technical awards. VoiceGenie was acquired by Alcatel in 2006. Venture backed by Insight Venture Partners, NY.

Before VoiceGenie, Mr. Charlton was CEO of Trailblazer Systems. The company, based in Atlanta, designed and marketed Ecommerce EDI software. TBSI grew profitably under his leadership. Trailblazer Systems was acquired by Nu Bridges in 2004.

Prior to Trailblazer Systems, Mr. Charlton was with Tidal Software in Palo Alto, California. He joined the provider of enterprise job scheduling solutions initially as VP of Sales and, 18th months later, the Board appointed him leader of the organization. As CEO he assembled a team that returned the company to profitability and continued strong revenue growth. The company was recognized as: Visionary by Gartner, Upside Magazines "Hot 100," Silicon Valley Business Journals "100 Fastest Growing Companies," and Ranked #4 by IDC. Tidal was acquired by Cisco. Venture backed by Vantage Point Ventures and JP Morgan.

Mr. Charlton began his management career at US Surgical, the pioneer in Laparoscopic Surgery and Surgical Stapling. He held various sales management positions ultimately responsible for the Western Area Business Unit with revenues of $220M. Public company.

Since 2004, Mr. Charlton has been a Venture Partner with Insight Venture Partners, NYC. In this capacity, he participates on due diligence teams prior to investment and engages with portfolio companies to execute operational initiatives including recruitment of executive teams, organizational restructuring and growth planning.

He has been featured in Inc. Magazine, CEO Magazine, New York Times, Business Week, Philadelphia Inquirer, Philadelphia Business Journal, Silicon Valley Business News, San Jose Mercury News and The Marker (Israel).

 

Dave DiFelice, Chief Financial Officer

Mr. DiFelice brings over 25 years of experience to PHD Virtual with a strong emphasis on aggressively growing technology-focused organizations toward monetizing transactions. He has been instrumental in helping organizations make the transformation from opportunistic (early stage) to strategic (rapid growth) approaches by providing appropriate financial infrastructure to help facilitate the change.

Mr. DiFelice began his career in public accounting spending six years with Deloitte & Touche focusing on the large publicly-traded financial clients of the Philadelphia office of that firm. He left public accounting to enter the venture capital market and worked for seven years with Safeguard Scientifics, Inc., one of the largest VC firms on the east coast. While at Safeguard, he worked on acquisitions, capital restructurings, dispositions, and provided financial consulting services to subsidiaries and investment portfolio companies.

Mr. DiFelice left Safeguard to become Chief Financial Officer for Assessment Systems, Inc., a Safeguard investment portfolio company. Since that time, Mr. DiFelice has served as Chief Financial Officer for numerous other organizations. Virtually all of these companies have experienced significant (25% to 40% annual) revenue growth while consistently increasing operating profits and shareholder value. Distributions to shareholders from the sales of these organizations exceed $200,000,000.

In the course of these experiences, Mr. DiFelice has prepared three registration documents (SEC form S-1) in anticipation of initial public offerings. He has also prepared and presented the financial justification to investors (road show) in conjunction with an intended public offering. Mr. DiFelice has negotiated numerous sales of companies structured both as stock and cash transactions.

Prior to joining PHD Virtual, Mr. DiFelice was the Chief Financial Officer for Defense Solutions, Inc. He guided that company through a reverse merger resulting in the formation of a public company currently traded on the NASDAQ Bulletin Board. Mr. DiFelice has prepared all the SEC reporting documents including forms 10-K, 10-Q and 8-K.

Mr. DiFelice is a Certified Public Accountant and graduated summa cum laude from Drexel University with a B.S. in Business Administration.

 

Paul Throldahl, Senior Vice President of Global Sales

As the Senior Vice President of Global Sales, Paul Throldahl is responsible for generating and growing worldwide revenues as well as architecting future business development strategies and Partnerships at PHD Virtual. During the course of his career, Paul has accumulated over 15 years of direct sales and management experiences that include building inside and enterprise sales teams from the ground up.

Prior to joining PHD Virtual, Paul was Vice President of Global Sales with Argus Software where he was responsible for generating and growing worldwide revenues as well as architecting future business development strategies.

Prior to Argus, Paul was a principal at Insight Venture Partners where he worked closely with the firm’s portfolio companies to improve sales processes and results. Paul also spent time on the executive management team at VoiceGenie Technology Inc., where he lead the global professional services sales organization. In this capacity, VoiceGenie's revenues increased by over 100% which has since been acquired by Alcatel.

Before his tenure with VoiceGenie, Paul was the Vice President of Global Sales for TrailBlazer Systems, an e-business company. Under his leadership, TrailBlazer’s revenues increased 40% leading to the firm’s acquisition by NuBridges LLC. Earlier in his career, Paul served as Area Vice President of Sales at Tidal Software, a systems management vendor specializing in job scheduling as well as held senior sales positions at EMC and Platinum Technologies. Paul holds a BBA in Management from the University of Wisconsin


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