Mike Shambach

Chief Financial Officer at Tsunami XR

Mike Shambach has over two decades of experience in the finance and accounting field. Mike began their career in 1990 as the Controller at Applied Data Technology, Inc. where they directed all accounting department functions and developed and maintained annual budget for sales and overhead costs. In 1994, they moved to GERS, Inc. as the Controller where they directed all accounting department functions, including financial analysis and reporting, accounts receivable, accounts payable, cash management, fixed assets and payroll. Mike was also the lead negotiator with Oracle Corp regarding license royalty payments. In 1996, they became the Vice President of Finance at Delphi Research, Inc. where they directed all aspects of accounting and finance. In 1997, they became the Vice President and Chief Financial Officer of American Digital Network where they were a major contributor of the company's growth by securing bank financing and capital equipment facilities. In 1999, they moved to Eziaz as the Vice President of Operations where they were a major contributor in the analysis, planning and implementation of new and existing products and service offerings. In 2001, they joined Qualcomm as the Director of Business Operations and Director of Finance where they directed all aspects of finance and accounting for the company's Technology and Ventures group and guided the development of processes and procedures to manage the company's $500M investment fund. In 2010, they became the CFO and Business Strategy Consultant at Aerify Media where they lead the financial reporting, financial analysis, budgeting, accounting and the development of a comprehensive financial model. In 2011, they became the Chief Financial Officer and Co-Founder at AccuSure where they were responsible for the financial and operational areas of the company that include accounting, budgeting, financial reporting, business strategies and software development. Finally, in 2016, they joined Tsunami XR as the Chief Financial Officer where they directed all aspects of finance and accounting that included financial analysis and financial reporting, strategic planning, forecasting, budgeting, risk management and valuations.

Mike Shambach earned a Bachelor of Science degree in Business Administration and Accounting from the University of Northern Colorado.

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