Eurofins | EAG Laboratories
Stefan Karnavas, MBA has a diverse and extensive work experience spanning over several decades. Stefan began their career at Fidelity Bank / Fidelcor Capital Corp as an Investment Officer from 1986 to 1990. Stefan then joined Horizon Cellular as Treasurer and Director of Corporate Development from 1990 to 1996. Following that, they worked at Cobblestone Golf Group as CFO, overseeing financial activities and managing a team of 35 employees from 1996 to 1999.
From 1999 to 2009, Stefan served as the Treasurer, VP Finance, and Consultant at Leap Wireless, where they demonstrated success in external capital raising and internal financial operations. During their tenure, they raised over $5 billion in total capital and led a team in reducing annual operating costs by $140 million or nearly 20% of the cost structure through corporate restructuring.
In 2009, they became the Chief Financial Officer at Semtek Corporation, a global leader in card payment security technology. There, they managed the company's financial activities and played a crucial role in generating nearly $10 million in annual revenue with 55 employees.
From 2010 to 2014, Stefan was the Chief Financial Officer at SKLZ, where they were brought in by the CEO/owner to develop and execute a multi-year operating plan and financing strategy. During their tenure, they successfully completed a $40 million round of private equity, more than doubled revenue, and quadrupled the company's valuation. Stefan also revamped budgeting and forecasting processes and introduced long-term financial modeling into the strategic planning process.
Currently, they hold the position of President at Eurofins | EAG Laboratories since January 2019. Prior to that, they served as the company's Chief Financial Officer from June 2015 to December 2018.
With their extensive experience in finance and leadership roles, Stefan Karnavas has proven to be adept at driving growth, implementing strategic financial planning, and improving operational efficiencies in various industries.
Stefan Karnavas, MBA completed their BS in BA with a focus on Finance at the University of Denver - Daniels College of Business from 1981 to 1985. Later, they pursued an MBA in General Management at UCLA Anderson School of Management from 2004 to 2006.
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Eurofins | EAG Laboratories
When it comes to understanding the physical structure, chemical properties and performance of advanced materials and integrated circuitry, no other scientific services company offers the breadth of experience, diversity of analytical techniques or technical ingenuity of EAG Laboratories. We deliver multi-disciplinary, problem-solving expertise to help our customers accelerate innovation, ensure quality and safety, and protect intellectual property. The world is experiencing a powerful and rapid convergence of science, technology and commerce. Great scientific minds are driving awe-inspiring commercial initiatives, and companies around the globe are seeking the insight and competitive advantage that advanced science can provide. EAG is at the forefront of this revolution–one that is changing the way products are developed, designed, manufactured and used by millions of people around the planet. Whether you are seeking to speed time-to-market, solve manufacturing problems or ensure regulatory compliance, turn to EAG. We know how to bring the power of science to every phase of your product lifecycle. * Product Innovation & Improvement * Investigations & Troubleshooting * Quality Assurance & Quality Control * Regulatory Compliance * Consulting & Litigation Support * Manufacturing/Supply Chain Support