About XL Tech

Senior Management

Science / Technical

Companies Management & Operations

David Szostak

David Szostak - Chief Financial Officer

B.Sc Finance, CPA

David's current role includes the management and oversight of all of the financial, accounting and certain other aspects of XL TechGroup and its early stage businesses. He is involved in the managing of various funding and liquidity events of the businesses.

As member of the senior management team, his responsibilities include participation in the selection process for new business opportunities, strategic development and planning, and board level decision making. David began his career in Chicago, Illinois working as an auditor for a large size accountancy firm (Laventhol and Howarth) and later other smaller accounting firms. He then moved into industry in 1987 as corporate controller at Extel, Inc., a global manufacturer of electronic communication equipment for industry and governments. When Extel acquired Hetra Computer, Inc., a manufacturer of government specialty computers, in 1990, David relocated to Florida and accepted the position of vice president and CFO of Hetra. In 1993, when Hetra was acquired by XL Vision, the predecessor company to XL TechGroup, David continued in the same position with XL Vision. During his tenure at XL Vision, he was active in both the fundraising and public offerings of the XL Vision spin-out businesses. In addition to the normal accounting and finance functions, David was responsible for many of the internal functions such as human resources and benefits, legal, travel and facilities.

David earned his Bachelor of Science in Finance at Southern Illinois University, with graduate studies at DePaul University in Chicago.

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