Charles De Tarr, MBA, CPA, CVA - retired
Mr. De Tarr has been the CFO of several energy-related high-technology companies as well the CFO of companies in other fields such as telecom and security. He has helped build and sell multiple start-ups and has also worked for large public firms. He has successfully done an IPO and worked on another. Charles also has founded, owned and operated a contracting firm with 40 employees. Charles received a B.S. in Business Administration from Ithaca and an MBA from The University of Texas at Austin and is a CPA and CVA. Retired in May of 2021.
Experience:
Data Analytics business segment CFO - Flotek Industries (FTK) (May 2020- May 2021)
Charles De Tarr joined Flotek Industries, Inc. in conjunction with the purchase by Flotek of JP3 on May 18th, 2020. JP3 became the Data Analytics business segment of Flotek. As CFO of JP3 and the segment, Charles oversaw the transition of JP3, which had been a privately-held firm, into Flotek, a public firm, and retired on May 19, 2021.
CFO, JP3 Measurement, LLC (March 2014-May 2020)
In May of 2020, JP3 was sold to Flotek Industries, Inc. in a transaction valued at approximately $36.6 million as of the closing date. JP3 was a privately-held data and analytics technology company and over the years had raised millions of private investor dollars prior to its sale and had experienced high growth. JP3’s real-time data platforms combine the energy industry’s only field-deployable, inline optical analyzer with proprietary cloud visualization and analytics, targeting an increase of processing efficiencies and valuation of natural gas, crude oil and refined fuels.
CFO, Treasurer, Secretary, Ideal Power Inc. (IPWR). CFO, Treasurer, from 2008-2013. Board member 2009-2012, VP Finance July-Nov 2013. Prior to the IPO $8 million was raised. The IPO in November of 2013 raised $17 million. From start to finish, completed the IPO during March-December 2013. Market cap approx. $65 million at the time. Ideal Power has a very innovative converter technology that is applicable to multiple markets including solar photovoltaic generation, electrified vehicle charging and commercial grid storage.
Finance and accounting for Energy Services Div. of Layne Christensen (to Feb 2013). Transferred over as part of the purchase of Intevras Technologies. As an energy producer, Layne Energy is focused on production of natural gas and support services for the oil and gas industry.
CFO, Intevras Technologies, LLC, water filtration systems geared to the oil business. Company sold to Layne Christensen. Transferred to Layne Christensen.
CEO, founder and owner of BNC Communications, LLC:
Telecommunications installation company doing contract work for large telecommunication companies in San Antonio for close to 5 years.
CFO, Certified Telecommunications Systems, Inc. (telecommunications contracting)
CFO, Datapult, Division of American Electric Power (deregulated division: metering data collection, validation and warehousing) and also business & product development work for prior C3 Communications entity.
VP Finance, Chubb Security Systems, Inc. (security and fire systems)
VP Finance and Admin. CableMaxx and Supreme Cable (wireless cable TV)
VP Finance and Controller, Texas Monthly Press (book distributor and publisher)
Accounting Manager, Texas Monthly (magazine)
Accountant, Western Geophysical (Oil & Gas Exploration, worldwide)
Degrees/certifications:
MBA - University of Texas at Austin, Red McCombs School of Business
CPA - Texas State Board of Public Accountancy, Member Austin Chapter, TSCPA. Retired 2021
CVA - Certified Valuation Analyst, National Association of Certified Valuation Analysts
BS - Ithaca College, Ithaca, NY
