Steve Loomis
About Steve Loomis
Steve Loomis serves as the Chief Financial and Operating Officer at Colorescience, bringing extensive experience in finance and operations from previous roles at SkinMedica and CardioDynamics International Corporation.
Current Role at Colorescience
Steve Loomis serves as the Chief Financial and Operating Officer at Colorescience, a position he has held since 2013. Based in Carlsbad, CA, he has contributed to the company's financial and operational strategies over the past eleven years. His role involves overseeing financial planning, operational efficiency, and corporate governance, ensuring that the organization meets its strategic objectives.
Previous Experience at SkinMedica
Before joining Colorescience, Steve Loomis was the Senior Vice President and Chief Financial Officer at SkinMedica from 2010 to 2013. During his tenure, he played a significant role in the strategic sale of the company to Allergan, achieving a sale price that exceeded five times its revenue. His leadership contributed to the company's financial health and operational success during this period.
Career Background and Early Roles
Steve Loomis has a diverse career background, having worked in various financial roles. He served as Chief Financial and Operating Officer at CardioDynamics International Corporation from 1996 to 2010. Prior to that, he worked at KPMG as a Senior Supervising Auditor from 1985 to 1988. His early career also included positions at Terminal Data Corp and Kinko's, providing him with a broad foundation in finance and operations.
Education and Qualifications
Steve Loomis completed his high school education at Buena High School, earning a diploma in General College Prep from 1975 to 1978. He furthered his education at California State University, Northridge, where he studied Accounting and Management Information Systems, obtaining a Bachelor's degree from 1981 to 1984. His educational background supports his extensive experience in finance and corporate governance.
Achievements in Corporate Governance
Steve Loomis has extensive experience in board and corporate governance. He has been recognized for his polished presentation skills, effectively communicating with boards, investors, and strategic partners. His achievements include supporting six FDA product clearances, securing Medicare reimbursement, and obtaining ISO-9001 quality certification, among other significant milestones in his career.