David Fater is a senior C-level executive with global experience in the life science and healthcare industries. He has spent 40+ years as a business advisor to senior management and Boards of Directors of international private and public companies which has enabled him to rapidly assess strategic, operational and financial problems and offer incisive and proactive solutions. He is a skilled negotiator, innovative problem solver and communicator adept at navigating mergers & acquisitions, operations, dispositions and restructuring and reengineering as well as the Food & Drug Administration (FDA) and Centers for Medicare and Medicaid Services (CMS).
For more than 20 years Mr. Fater provided audit services as well as mergers and acquisitions expertise as an international partner with Ernst & Young. Since leaving Ernst & Young, he has been the founder and Chief Executive Officer of ALDA & Associates International, Inc., a business and financial consulting organization specializing in providing assistance to companies related to management, financing, strategic planning, restructurings, operations and mergers and acquisitions. He has served as the Chief Operating Officer of 200+ physician network involving an Accountable Care Organization, Independent Practice Association and Management Services Organization from inception.
From 2002 through December 2011, he served as Chief Executive Officer of a medical device company from inception, leading it through the processes of obtaining numerous patent and two FDA marketing clearances, going public and commencement of commercial sales. Mr. Fater has served as a senior financial executive with three public healthcare companies, including two in which he led the initial public offering process and one which he led to an NYSE listing. During his corporate career, he created and implemented numerous innovative financial instruments (derivatives) as well as negotiated significant licensing agreements with Fortune 50 companies.
Mr. Fater is a graduate of the University of North Carolina with a Bachelor of Science in Accounting and is a CPA in North Carolina, Georgia, New York and Illinois.