Phil Compton – Chief Financial Officer, SingleSource Property Solutions
Phil Compton has joined SingleSource as Chief Financial Officer and a key member of the executive management team with responsibility for accounting and finance, bank relations and certain administrative functions. Phil has significant financial and operational experience including expertise in improving the infrastructure, processes and profitability of rapidly expanding companies. He has helped raise over $100M in venture financing and has joined several companies during periods of significant growth and evolution, culminating in acquisitions of 4 of his former companies.
Most recently, Phil was the CFO of Malcovery Security, a cyber security firm he cofounded and guided through its acquisition in 2015. As the Senior VP of Finance for Netronome, a semiconductor and hardware manufacturer focused on the network security industry, Phil helped close a $23M funding round in the midst of the 2010 “Great Recession”. Prior to Netronome, he was the CFO and a key member of the startup team for CoManage, a global provider of data integrity software solutions for the telecomm industry which was acquired in 2005. Before CoManage, he served as CFO for WiseWire, a developer of internet search technology, where he was instrumental in coordinating its acquisition for $40M by the web portal Lycos.
Phil began his career with the Big Four accounting firm of Coopers & Lybrand (now PricewaterhouseCoopers) and later joined Black Box Corporation (BBOX on NASDAQ) as its first Controller. During his 5 year tenure at Black Box, he was heavily involved in planning a leveraged buyout (LBO), an Initial Public Offering (IPO), a successful reorganization under a Chapter 11 bankruptcy filing and various SEC filings.
Phil is a Certified Public Accountant and holds a BS in Accounting from West Virginia University. In recognition of his sustained performance, Phil was awarded the 2014 Pittsburgh Business Times CFO of the Year for Small Companies.