Before joining IQ BackOffice as CEO, David Schnitt was Co-Founder and Executive Vice President of New Ventures for Resources Global Professionals (NASDAQ: RECN), a spin off from Deloitte & Touche that provides outsourced specialists in the fields of IT, HR, finance and accounting. Mr. Schnitt helped grow the company from scratch to more than $150 million in annual revenue in four years. Previous to this position, Mr. Schnitt founded and managed both of Resources’ Los Angeles offices and its National Information Technology practice.
While a Senior Manager with Deloitte Consulting, Mr. Schnitt advised and assisted clients in reengineering their finance and accounting functions, including the establishment of shared service centers, improving their operations, developing new strategy and business plans, and forming successful joint ventures. Mr. Schnitt has been responsible for the design, development and implementation of several significant consulting projects with budgets of up to $11 million and staff numbering more than 8,500.
He is considered an industry expert on outsourcing trends and the evolution of the virtual business. He has spoken at numerous conferences and has been quoted extensively on these subjects in both the business and technology press, and is a published author. Mr. Schnitt received a BA from Cornell University, an MBA from the University of Michigan, and holds a certificate in Production and Inventory Management (CPIM) from the American Production and Inventory Control Society.