TouchBistro Appoints John Doolittle as Chief Financial Officer
TouchBistro today announced that John Doolittle has joined its executive leadership team in the role of Chief Financial Officer (CFO). Doolittle brings to this new role at TouchBistro a wealth of experience leading the financial operations for some of Canada's foremost publicly traded technology companies. As CFO, Doolittle will guide the transformation of TouchBistro's financial structure to prepare for its future growth, including operational strategy, regulatory and disclosure planning, tax restructuring, and management of capital markets.
"We are pleased to welcome John Doolittle to our leadership team to support TouchBistro's accelerated expansion and ensure we are prepared for the next major evolution in our company," says Alex Barrotti, CEO and founder of TouchBistro. "John has the depth of expertise across all stages of corporate growth to confidently guide the implementation and optimization of financial systems, structure, compliance, and relationships required to support our growth."
Throughout his 30-year career, Doolittle has held senior level positions at billion-dollar, global corporations. His responsibilities spanned a broad range of financial initiatives and requirements, including mergers and acquisitions, initial public offerings (IPOs), taxes, public and private corporate financial strategy and operations, corporate structured finance, capital markets, credit risk management, and pension fund management.
Most recently, Doolittle was CFO at OpenText, a global software company with a $10B market capitalization. During the four years tat John was in this role, the company doubled its revenues from $1.5B to $3 billion and completed a number of significant acquisitions, including the largest the company had ever done. He also managed the company's recapitalization as part of its growth strategy to maintain the integrity of the balance sheet.
Previously, Doolittle held many senior finance roles at NORTEL, a multinational telecommunications and data networking equipment manufacturer. Over his 22-year tenure with the company, his roles and responsibilities included heading its global tax group, treasurer, leading the financial planning team of over 500 staff across multiple locations, and managing its mergers and acquisitions. He was appointed CFO in 2009 and helped lead the company's restructuring effort following its bankruptcy declaration earlier in that year. Prior to NORTEL, Doolittle served as the Vice President of Finance for the Bank of Montreal's Global Treasury Group.
"TouchBistro is a strong growth company with a dynamic team, tremendous potential, and an incredible vision for the future," says Doolittle. "Joining Alex Barrotti and the company's leadership team to bring its vision to life is an enormous opportunity."
Doolittle holds a Bachelor of Commerce degree from McMaster University and is a Chartered Accountant (1988).
TouchBistro is an all-in-one POS that makes running a restaurant easier. The intuitive platform simplifies and streamlines business operations by seamlessly integrating the most essential restaurant tech solutions in one place - including POS, Payments, Reservations, and much more. Designed specifically for restaurants, TouchBistro offers the reliability, functionality and speed that owners and operators need to run a successful restaurant - helping them increase sales, delight guests, and save both time and money. Meaning restaurateurs can spend less time manually connecting the dots and more time connecting communities through great dining experiences. TouchBistro offers in-depth training and free 24/7 technical support to the over 25,000 restaurants it powers worldwide. With offices in Toronto, New York, Austin, Chicago, London, and Mexico City, and having been named the Best Restaurant POS by Business News Daily four years running, TouchBistro is a trusted global leader that is changing the way restaurateurs run their businesses. For more information, visit www.touchbistro.com.
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