Don Wright is the Chairman of Ploutus SIS, also known as Special Intelligence Service. Prior to this he was the President and principal owner of Confluence Capital Group, Inc. a consulting company based in Seattle, Washington. It was established to provide a variety of consulting services to institutional investors, debt holders and public and private companies principally in the Aerospace, Defense and Security industries.
Prior to forming Confluence Capital Group Mr. Wright was the President & CEO of Pacific Aerospace & Electronics, Inc., a company he founded and ran from 1990 until 2006. Mr. Wright founded Pacific Aerospace by purchasing the flagship technology company, Pacific Coast Technologies in 1990. Over a period of three years Mr. Wright re- capitalized the company, attracting investors, professional managers, and a director group to refocus the company’s course of business.
Through a series of strategic acquisitions beginning in May 1994, Mr. Wright took the company public in February 1995 he completed four equity offerings including three private placements and completed a secondary public offering in July of 1996. Under Mr. Wright’s leadership the company grew from annual sales of approximately $3 million in 1994 to over $140 million by 2000. Subsequent to going public Mr. Wright successfully obtained a $75 million high-yield note to purchase the company’s European Aerospace Group, additional private placements and created tremendous liquidity in the stock with over 18,000 shareholders.
Prior to 1990, Mr. Wright was the President & CEO of a Washington-based high technology corporation known as Component Concepts, Inc., which he founded in 1976 and which was engaged in the testing of various types of electronic components for manufacturers and end users primarily in the Aerospace, Defense, Medical and Security industries Mr. Wright sold his interest to facilitate the purchase of Pacific Coast Technologies, Inc. in 1990.
Mr. Wright has over thirty-five years of business experience in executive-level management, sales, acquisition/ merger negotiation, fund raising and equity management activities for emerging and growth oriented high technology companies.
Mr. Wright has spoken at numerous classes and seminars over the years covering a wide range of topics that include lean manufacturing methods, various technologies for industry and an exhaustive list of business and financial topics.
Mr. Wright has accomplished numerous acquisitions and financings both in the United States and Europe. He is the recipient of numerous business and community awards including awards for being one of the fifty fastest growing companies in Washington State for 1998, 1999 and 2000. In 1998 he was recognized for being the Wenatchee Valley’s businessman of the year. He also received national recognition for being one of the five hundred fastest growing companies in the United States for 1998, 1999 and 2000.
Mr. Wright served as an advisory board member for Central Washington University’s School of Business for six years and completed the UCLA Director Training and Certification Program for public companies including modules for the Audit, Compensation and Nominating & Governance Committees. He also serves on the Board of International Stem Cell Corporation, a U.S. public company, as a Director and Co-Chairman (Non-Executive).