Dale Henry – Spectrum Acquisition Holdings CEO/ President
Mr. Henry graduated from the University of Texas in 1974, where he earned a Bachelor in Business Administration. He is a Certified Public Accountant and has spent most of his career in the private sector as a CFO for both public companies and small corporations. Mr. Henry began his career in government as a State Auditor for the State of Texas auditing Title XIX and XX programs. Most recently he worked for The Parking Network, Inc. and Focus Point Parking, Inc where he was the Controller over the multi state parking business. He took over the reigns of Spectrum Acquisitions Holdings, Inc in October 2009.
As Chief Operating Officer of Spectrum Holdings, Mr. Henry is diligent as our compliance officer with the requirements of SEC reporting, the accounting system and the calculations behind the accounting to explain the key concepts to auditors. Therefore, the auditors will be able to perform their review, and the company will be able to prepare and submit the required financial statements timely.
As a leader, Mr. Henry has demonstrated high standards of integrity through personal commitment and a “hands on” involvement in every aspect of the business. Mr. Henry maintains the corporate vision on a day-to-day basis through a tireless commitment to solid communication at all levels of management. Mr. Henry’s leadership provides motivation, training and support through his personal involvement. With extensive experience in accounting and financial management, Mr. Henry is recognized for improving efficiency and effectiveness of organizations. His talent to identify and assess needs of other managers and executives is focused on obtaining results.
As Finance Director Mr. Henry has directed Accounting and Finance Departments, been responsible for human resources and payroll functions including benefits and payroll processing for 100+ employees, prepared operating statements for Board of Directors and Supervised staff and trained managers.
As Accounting Services Director, Mr. Henry has been responsible for all areas of the Accounting Department including benefits and payroll processing for 450+ employees, preparing operating statements for Board of Trustees, and supervising eight assistants. Acted as audit liaison and center’s Chief Investment Officer managing $12 million portfolio.
As Controller, Mr. Henry has been responsible for all areas of the Accounting Department including payroll, multi-state tax reporting, staff supervision, financial reporting, general and subsidiary ledger, and drafting service agreements.
With perseverance, Mr. Henry has developed internal controls for an information system that was producing a high 7% error rate and costing payback to the state of Texas of $50-100K per year. Mr. Henry’s internal controls reduced the error rate to .03% and resulted in no payback to the state. Mr. Henry also developed a system where billing was prepared as soon as the services were provided. Therefore the company received payment before the company had to pay the employees, resulting in increased working capital and less financing required.
Spectrum Acquisition Holdings welcomes Dale Henry as the leader of our diversified mining consortium. His experience and personal magnetism will go a long way as we develop our gold mining interests, implement our technology and engage businesses for acquisition.
