Legend3D, a 2D-to-3D conversion technology company, has appointed Steven Wolkenstein as chief financial officer (CFO). In his new role, he will drive key capital-raising initiatives and oversee all financial functions.
This appointment comes on the heels of numerous successful 2D-to-3D conversion projects and several rounds of financing, including the most recent US$19m Series E preferred stock offering. In addition to driving financial funding opportunities to further expand the company’s leadership position, Wolkenstein’s efforts will support Legend3D’s new venture into long-term revenue sharing partnerships with leading 3D film and television studios.
Wolkenstein brings 30 years of experience to the job, previously working with US and international service-based and technology-focused publicly traded and private equity owned companies with revenues ranging from US$50m to US$300m. Before his current role, Wolkenstein served as Legend3D’s vice president of finance. Prior to joining the company in 2010, he was CFO for 3E Company. He also served as the vice president of finance at Mitchell International. Wolkenstein holds a BSc in Business Administration in accounting from Drake University.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.