Richard LoPresti

Mr. LoPresti has spent almost 30 years in financial management working with both small businesses and large.

Retail
Developed business plan, established financial controls, raised growth capital, and led the growth of Party City Atlanta, Inc. for the past 14 years. This retail chain currently has 25 locations, 600 employees and revenues of $50 million. The company is the largest franchisee in the country for New Jersey based Party City Corporation.

Commercial Real Estate
Spent 11 years with two national lenders providing financing for large and small commercial real estate projects.

Small Business Consulting
Provided financial advisory services for various manufacturing and service oriented companies as an employee of a MESBIC which was wholly owned by Ford Motor Company.

Public Accounting
Staff accountant on Chicago audit staff for international public accounting firm.

EDUCATION
Northwestern University, MBA, Majors in Finance and Marketing, 1979. Western Michigan University, BBA, Major in Accounting, 1977.

RECOGNITION & ACCOMPLISHMENTS

  • CPA designation, State of Illinois, 1979.
  • Party City of Atlanta, Inc. was named “Franchisee of the Year” for 1996 and 1999 by Party City Corporation (franchisor).
  • Party City of Atlanta, Inc. named as an Inc. 500 company (1998), recognizing the nation's 500 fastest growing privately held companies.
  • Received Entreprenurial Success Award from the U. S. Small Business Administration - 1998.
  • Named Entrepreneur of the Year finalist by Ernst & Young (1999 & 2000).
  • Appointed to serve on the Marketing & Advertising Committee of Party City
  • Corporation which develops successful strategies for the chain nationally.
  • Received 'Georgia Business Ethics Award' for 2002 by the Society of Financial Service Professionals.

FAMILY AND COMMUNITY ACTIVITIES
Richard and his wife, Deborah, have three active daughters including twins (Anna & Melissa) who are 17 and Hope who is 14.

Hi Hope Service Center
Member, Board of Directors

Hi Hope is a wonderful organization and facility serving the needs of over 130 adults with developmental disabilities in Gwinnett County.

Fear This, Inc.
Member, Board of Directors

This not-for-profit corporation organizes and runs defensive driving courses for teens and their parents in Atlanta and Augusta.

Georgia Retail Association
Member, Board of Directors
Statewide trade association working on behalf of the entire retail community.

Leadership Gwinnett Class of 2006 - 2007
Selected to participate in this program for community leaders run by the Gwinnett Chamber of Commerce.

Pleasant Hill Presbyterian Church
Richard has served as an elder and was the Chairman of the Building Committee which completed the addition of a $3.5 million new sanctuary building in 2001.

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