David T. Richardson
David T. Richardson joined The Learning House, Inc. in November 2007 as its President and Chief Executive Officer. He led a group of private equity investors who made a significant investment in the company. With this additional capital and increase in management resources, Mr. Richardson plans to aggressively grow Learning House by expanding the core online college product offerings to more institutions nationwide and by increasing degree programs and student enrollments at current client institutions.
As President of Capital Consulting Group, LLC (CCG), a management consulting firm specializing in early-stage and turnaround leadership services, Mr. Richardson has assumed senior leadership positions with many companies over the past decade.
In 2006 and 2007, Mr. Richardson was President and Chief Executive Officer of Rentalhouses.com, Inc., the second largest Internet listing service for advertising homes for rent. At RentalHouses.com, Inc., Mr. Richardson successfully raised capital, increased revenue and eventually sold the company to Consumer Source, Inc., its largest competitor, which is owned by Primedia.
From 2003 to 2005, Mr. Richardson served as President and Chief Executive Officer of Keller Furniture, Inc., a 125-year-old publicly traded furniture manufacturing company. At Keller, Mr. Richardson wound down and sold a large multi-factory legacy organization, acquired a new operating business in the custom residential entry door industry named Paragon Door Designs, Inc. and negotiated the successful settlement of a $4.9 million underfunded pension liability with the Pension Benefit Guaranty Corporation for $400,000.
Prior to his work with Keller, Mr. Richardson led the restructuring and sale of two companies - Pinnacle Solutions, LLC, a professional staffing and recruiting firm, and Axxis, Inc., an audio/video technology integration company, while also advising other clients.
From 1998 to 2001, Mr. Richardson served as Vice President of Finance at High Speed Access Corp. (HSAC), a venture-backed broadband Internet service provider, now part of Charter Communications, Inc. During his tenure with the company, HSAC raised approximately $500 million in public and private equity and debt capital and grew from 50 to more than 800 employees. Before joining HSAC, Mr. Richardson was a senior consultant with Coopers & Lybrand in Louisville, Kentucky and a commercial lender with Wachovia Bank in Atlanta, Georgia.
Mr. Richardson earned a Bachelor of Science degree in Finance from the University of Tennessee, Knoxville in 1987 and a Master of Business Administration degree from the University of Virginia’s Darden Graduate School of Business Administration in 1994. He is a Certified Public Accountant and a member of both the American Institute of CPAs and the Kentucky Society of CPAs. Mr. Richardson currently resides in his hometown of Louisville, Kentucky with his wife and three children.
