Michael Black - Chief Financial Officer
Michael Black is responsible for financial management of AlertMe, including financial planning, cost and revenue control and fund raising. He also takes an active role in the operational management of the business.
Between 2002 and 2008 Michael worked for Cambridge Display Technology (CDT), most recently as CFO. Whilst at CDT he was responsible for the company’s strategic financial planning and participated in raising over $70 million of equity capital for plus a $15 million debt line, as well as being involved in acquisitions and disposals in the UK and US.
In December 2004 Michael played a leading role in CDT's IPO on the US Nasdaq market and was responsible for investor relations and public company compliance activities as a US public company. In 2007, he led the detailed negotiations to sell CDT to Sumitomo Chemical of Japan for $285 million, a premium of nearly 100% on the previous market price.
In his earlier career, Michael first worked in internal trade finance with Leyland DAF trucks and then joined the European HQ of DuPont Merck Pharmaceuticals where he was responsible for a variety of finance and IT projects based in the UK and US. During his time with DuPont Pharma, he was involved in new subsidiary creation, acquisition and joint venture planning and assisted in the project to sell the division to Bristol Myers Squibb for nearly $8 billion in 2001.