Drew Skarupa is the Chief Financial Officer at RetailNext, where he is responsible for the entire finance organization, including budgeting, financial planning, financial risk management, accounting and record-keeping, and financial reporting to the Leadership team, Board of Directors and investors.
Immediately prior to RetailNext, Drew spent 12 years at RealD, serving as both CFO and COO since 2005, when it was a Series A startup. Drew joined RealD as employee #1 and when the company was pre-revenue. Responsible for finance and accounting, product management, research and development, and human resources, Drew played a major role in the company’s success, helping it grow to around $250 million in annual revenue. He was responsible for issuing RealID’s $200 million IPO on the New York Stock Exchange, along with a $217 million secondary offering, and successfully arranged for more than $70 million in stock buyback. Most recently, Drew guided RealD through the process of its sale to Rizvi Traverse.
Over the course of nearly three decades, Drew has garnered expertise as a financial professional through positions at a number of startups and consulting firms. He prepared for his career by earning a bachelor of science in mathematics from the University of California, Los Angeles, then started his career as a senior accountant at Deloitte and Touche, LLP. In this capacity, Drew performed and oversaw audits for the firm’s professional clients and offered financial counsel to help them develop better accounting systems. Since earning his master of business administration from the UCLA Anderson School of Management in 1998, he has maintained responsibilities within the realm of executive financial services.
Prior to his position at RealD, Drew was the vice president of finance at WaterMark Sports, where managed more than 25 employees was responsible for everything from financial planning to accounts payable. Earlier in his career, Drew served as a CFO for Alliant Protection Services, Inc., where he led the firm through its earliest stages and established a strong administrative foundation for future success. Over the course of a year, he helped raise revenue to $700,000 per month and facilitated six company acquisitions.
Drew also served as vice president of finance for Malibu Networks, and director of accounting for MiniMed, Inc. A certified public accountant in the state of California, Mr. Skarupa belongs to the California Society of CPAs and the American Institute of Certified Public Accountants. He is also a member of the Financial Executive Institute.