Golden, Co., USA - April 10, 2015, Golden, Co., USA - iSatori, Inc., a nutritional supplements company, announces that Seth Yakatan has been named interim chief financial officer.
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Mr. Yakatan currently serves as a member of the Company's Board of Directors, having joined the Board in 2014, and currently also serves as Vice President of Business Development for Invion, Ltd.
Mr. Yakatan brings more than 24 years experience as a life sciences business development and corporate finance professional, actively supporting small cap and major companies in achieving corporate, financing, and asset monetization objectives. He began his career as a venture capital analyst with Ventana Growth Funds and Sureste Venture Management.
Prior to founding Katan Associates in 2001, Mr. Yakatan worked in merchant banking at the Union Bank of California, N.A., where, during his six-year tenure, he completed the placement of numerous senior debt, subordinated debt, and private equity investments. He is recognized as an expert in the valuation of life sciences companies, stemming from industry experience and academia.
He has authored several publications and lectured and guest lectured at corporate workshops and universities on valuation theory and real-world practice and case studies and consulted several state and provincial governments worldwide on commercialization and capital access initiatives.
Mr. Yakata holds an MBA in Finance from the University of California, Irvine, and a BA in History and Public Affairs from the University of Denver.
Andrea Clem has been promoted to serve as Executive Vice President, Finance and Corporate Controller.
Ms. Clem has been with iSatori for almost 10 years, first as Accounting Manager and then Controller. Ms. Clem joined iSatori as Accounting Manager in 2005 and, prior to her promotion, spent most of her time named as the Company’s Controller.
She previously served Aspen Healthcare, as a Financial Analyst, and Lafarge North America, as a Regional Level Accountant for its Ready Mix product line.
Ms. Clem holds an MBA, with an emphasis in finance, from Regis University, a BS in Accounting from Metropolitan State University in Denver, and is a former Certified Public Accountant. ■