DAVID K. SCHEURING, SR.

1702 Eagle Watch Drive * Fleming Island, FL 32003

904-853-8233 * dks@davidscheuring.com

SENIOR OPERATIONS EXECUTIVE

Versatile, resourceful and entrepreneurial Executive Management Professional wit
h extensive experience in the financial services industry. Possess a set of tran
sferable skills in sales and marketing, business development, technology, operat
ions, accounting, and senior level management. Excel at creating and implementin
g effective strategies, systems, processes and procedures that improve productiv
ity, reduce costs, and drive operational excellence to achieve overall company g
oals and increase profitability. Self-directed, participatory leader and team pl
ayer who can build strong working partnerships with all stakeholders. Able to se
e the "big picture" and pay attention to the important details. Serve as a trust
ed advisor and business partner to senior management and clients. Committed to a
dding value and exceeding expectations through collaborative problem solving, di
sciplined decision-making, and a laser-like focus on providing the highest level
s of customer service and satisfaction.

AREAS OF EXPERTISE
* Strategic Planning * P & L Management * Financial Management
* Change Management * Process Re-engineering * Coaching & Mentoring
* Organizational Development * Risk Management * Team Leadership
* Budgeting & Forecasting * IT Strategy * Staff Management

PROFESSIONAL EXPERIENCE
AdminPartners * 2006 - 2009
Vice President of Business Strategy
Served as in-house consultant and advisor to company principals on business stra
tegy, service offerings, staff development, management training, executive coach
ing, business and marketing plans, vendor selection, and evaluation and acquisit
ion of software and hardware to support all business functions.
Key Accomplishments
* Built internal infrastructure to support growth from a single client to over 1
50 clients in a 24-month span.
LineData Services, Inc. * 2004 - 2006
Business Development Manager
Sold multiple software products, add-ons, and customizations to the mutual fund
and hedge fund industries.
Key Accomplishments
* Cultivated relationships with senior executives leading to recurring revenue o
f over $150,000 annually.
* Established 10 key hedge fund clients.
Automatic Data Processing, Inc. * 2003 - 2004
Managing Director
Developed and maintained key accounts by establishing relationships with "C Suit
e" executives at investment company firms. Introduced senior ADP managers to key
account "C Suite" executives and established relationships where none existed.
Key Accomplishments
* Supported product line sales representatives' efforts that increased revenue b
y over $250,000 per year.

DAVID K. SCHEURING, SR. Page 2

Rightime Econometrics, Inc. * 1996 - 2005
Chief Operating Officer
Reduced costs through improved administrative and technical support for product
line, and better business relationships with key vendors and customers. Upgraded
sales force satisfaction through improved accounting and commission payout syst
ems. Advanced company reputation by building a strong, loyal customer service st
aff.
Key Accomplishments
* Reduced time to pay commissions by five weeks improving company and product ac
ceptance.
* Spearheaded product development efforts to diversify money management offering
s resulting in the launch of a new product that increased assets under managemen
t by $75 million.
* Improved process for calculating product investment performance reducing repor
ting time by 3 weeks.
* Led project team to develop company internet presence. Through delivery of fo
rms and information through the internet, reduced operating costs by avoiding ad
dition of three planned staff.
Quest for Value Distributors, Inc. * 1994 - 1996
VP & Director of Operations
Directed daily management of critical functions including sales force compensati
on, system upgrades, recruiting and training of staff, and delivery of quality s
ervice.
Key Accomplishments
* Reduced selling broker's payment cycle by upgrading commission/compensation tr
acking systems.
* Increased sales closing ratios through streamlined service for core defined co
ntribution product.
* Improved operating relationships with plan sponsors, trustees and record keepe
rs.
* Coordinated proxy and conversion efforts to complete sale of Quest for Value F
amily of Funds.
Delaware Service Company, Inc. * 1991 - 1994
President
Oversaw budgets, strategic planning, service quality, and customer/vendor relati
onships. Directed MIS, Customer Service, Retirement Account Processing, Data an
d Transaction Processing functions.
Key Accomplishments
* Created new capabilities and sources of business by leading an executive team
to outsource shareholder accounting software from a limited homegrown system to
an industry leading system.
* Led planning and execution of a major project to relocate two company departme
nts from separate buildings to an expanded, consolidated and upgraded facility.
* Reduced costs and expanded product support capability by acquiring new compute
r systems.
* Instilled customer-focused culture through executive team building around a ne
w company mission/vision.
Prior Experience: Held progressively responsible positions from Manager Administ
ration & Operations to Senior Vice President, all within the financial services
industry. Key accomplishments included: grew assets under management at Mellon
Bank from $280 million to $1.8 billion; changed company culture at Putnam Invest
ment Services and improved client services through implementation of 297 operati
onal recommendations presented by Coopers & Lybrand.
Other Experience: Own and operate two businesses. Established Pembroke Property
Solutions, Inc as a Real Estate Management company to acquire and manage single-
family homes. Started Pembroke Lifemax to engage in distribution of a natural, r
aw whole food through a network-marketing framework.
EDUCATION
University of Pittsburgh, College of Arts and Sciences, Pittsburgh, PA
Bachelor of Arts Political Science & Economics
Suffolk University / Drexel University
Coursework toward Executive MBA