|
     
|
OUR TEAM
Management
John Carson, Chairman and Director
561-901-6450
Mr. Carson became a Director of our Company on August 12, 2005 and the Chairman of the Board on March 15, 2006.
From 2000 to February 2005, Mr. Carson served as Chairman and Chief Executive Officer of Marbo, Inc., a privately
held investment firm that invests in and acquires companies in the consumer product sector. From 1993 to 1999, he
served as Chairman of Triarc Beverage Group, and as President and Chief Executive Officer of Royal Crown Company,
both subsidiaries of Triarc Companies, Inc. that sold brand name beverages including Royal Crown, Snapple, Mistic
Brands and Stewart's Root Beer. From 1967 to 1993, Mr. Carson served in various positions with Cadbury-Schweppes N.A.,
including its President from 1984 to 1993. Mr. Carson is a graduate of the College of Commerce, Birmingham and the
London Business School.
Robert J. Hanks, Chief Executive Officer and Director
617-624-8411
Mr. Hanks has been our Chief Executive Officer and a Director since our inception. Mr. Hanks has over 30 years
experience in private equity, mergers and acquisitions and in general and financial management. He has operating
experience in the United States, Latin America and Asia. Mr. Hanks is a Principal and Managing General Partner of
New England Partners, a private equity firm he co-founded. Since January 2004, he has served as a Director of Elmet
Technologies, Inc. a privately held
specialty industrial products manufacturer, and since October 1997, of Solar Cosmetic Labs, Inc., a privately held
health and beauty products manufacturer. From 1987 to 1991, he was President of Vista Investment Company, a private
equity investment firm established by the Vista Group that specialized in middle market transactions. Prior to that,
Mr. Hanks served in various senior management positions in NYSE-listed public companies. He was Vice President and
Group Officer of Conrac Corporation and Chief Financial Officer of GTE Brasil, Vice President of GTE Communications
Products and President of GTE Asia Pacific. Mr. Hanks holds a B.S. in Economics from the Maxwell School at Syracuse
University and an M.B.A. in International Finance from Whitman School of Management at Syracuse University.
David A.R. Dullum, President and Director
703-237-6371
Mr. Dullum has been our President, Secretary and a Director since our inception. Mr. Dullum has more than 30
years of professional investment experience and is a Principal and General Partner of New England Partners, a
private equity firm based in Boston. From 1976 to 1990, he was a Managing General Partner of the Chicago-based
private equity firm Frontenac Company. Mr. Dullum serves as a Director of Simkar Corporation, a manufacturer of
industrial and consumer lighting products and Fetco Home Decor, Inc., a designer and manufacturer of home decor
products. He also serves as a Director of three publicly traded companies: Gladstone Capital Corp. (NASDAQ:GLAD);
Gladstone Commercial Corp. (NASDAQ:GOOD); and Gladstone Investment Corp. (NASDAQ:GAIN) and is a member of the
Audit Committee for all three companies. He has lectured on venture capital at the J. L. Kellogg Graduate School of Management,
Northwestern University, and was a member of the Board of Trustees of the Stanford Graduate School of Business
Trust and former Chairman of the National Association of Small Business Investment Companies. Mr. Dullum holds a
B.M.E. from Georgia Institute of Technology and an M.B.A. from Stanford Graduate Business School.
Todd A. Fitzpatrick, Vice President & Principal Financial Officer
617-624-8420
Mr. Fitzpatrick has been our Vice President and Principal Financial Officer since August 10, 2005. Mr. Fitzpatrick is a
partner of New England Partners, a private equity firm based in Boston, where he has been a Principal since 1998.
Mr. Fitzpatrick focuses on investing in middle market buyouts within the consumer and industrial sectors. From 1993 to
1998, Mr. Fitzpatrick was a Senior Auditor with Coopers & Lybrand performing audits and mergers and
acquisition assignments for corporate clients. Mr. Fitzpatrick graduated from Bowdoin College with a B.A. and
has M.B.A. and M.S.A. degrees from Northeastern University.
Christopher R. Young, Vice President
617-624-8417
Mr. Young has been our Vice President since August 10, 2005. Mr. Young is a partner of New England Partners, a
private equity firm based in Boston, where he has been a Principal since 1997. Mr. Young focuses on investing in
middle market buyouts within the consumer and industrial sectors. From 1992 to 1995, Mr. Young was an
investment banker in the mergers and acquisition group with NationsBanc Capital Markets, Inc. (now Banc of America
Securities, Inc.). He has 13 years of experience in evaluating investments in, and mergers
and acquisitions of, middle market companies. Mr. Young graduated from Babson College with a B.S. degree.
Directors
Ed Cady
Mr. Cady became a director of the Company on July 19, 2006. He has over 35 years of experience in the construction products industry. This has included general and
financial management, mergers and acquisitions, an IPO and private equity investing. His operating and investing
experience has been in the United States, Latin America, Canada, Australia and Europe. Mr. Cady is currently
Chairman of Lindapter North America, a distribution-engineering firm he started in 1995. He is also a Partner
in Preferred Capital Source, a private equity firm he co-founded in 2005 which focuses on angel and later stage
investments. He was a principle Partner in the LBO of Unistrut Corporation from GTE Corporation in 1986 and was
an Owner, Officer and Director of Fall Arrest Systems Inc. and ZSI Inc. Mr. Cady holds a BS degree in Business
from the Maxwell School at Syracuse University.
Timothy J. Durkin
Mr. Durkin has been a Director of our Company since inception. Since 1998, Mr. Durkin has been a Managing Director of
Latona Associates, a private merchant bank where he is responsible for Latona's private equity investment activities.
From 1991 to 1997, he served as General Partner of Marlborough Capital Advisors, a private mezzanine and equity
investment firm. From 1986 to 1990, Mr. Durkin was an Associate of the Merchant Banking Division of Signal Capital
Corporation, a subsidiary of The Henley Group. Mr. Durkin began his career at Manufacturers Hanover Trust Company,
where he spent three years at the bank's International Division in Latin America. Mr. Durkin graduated with a
Bachelor of Arts from St. Lawrence University in 1979 and earned an M.B.A. from the Amos Tuck School of Business
Administration at Dartmouth College in 1986. Mr. Durkin is a director of Zenith Administrators, Inc. and
Progressive Moulded Products Corp.
William E. Mahoney
Mr. Mahoney became a Director of the Company on August 12, 2005. Mr. Mahoney retired in 1997 as Vice Chairman and
Chief Operating Officer of Witco Corporation (now Chemturo Corporation), a $2.4 billion in sales global manufacturer
of specialty chemical and petroleum products. He served as Chairman of Witco's executive committee of the Board of
Directors. A member of the Board of Directors since 1989, he also sat on the board's pension committee and audit
committee (as a non-voting member). During his 20 years with Witco, Mr. Mahoney was involved in over 15 acquisitions.
He is an adjunct professor at the University of Massachusetts, Amherst, and serves on the advisory council in the
College of Natural Sciences and Mathematics. Mr. Mahoney graduated from the University of Massachusetts, Amherst, with
B.S. degree in chemistry and completed the advanced marketing management program at Harvard University Business School.
He was awarded the Chancellor's Medal at the University of Massachusetts in 1996. It is the highest honor bestowed on
an individual for extraordinary service to industry and the university.
Special Advisors
Thomas Bullock
Mr. Bullock has over 25 years experience in the packaged goods and food and beverage industry. From 1997 to 2000, Mr.
Bullock served as President and Chief Executive Officer of Ocean Spray Cranberries, Inc. During Mr. Bullock's tenure
at Ocean Spray, sales grew to $1.4 billion and he oversaw the acquisition of Nantucket Nectars. Mr. Bullock serves
as a Director of ClearSource, Inc., a private-label bottled water company and the Mac-Gray Company, a publicly traded
company listed on the New York Stock Exchange. Mr. Bullock is a graduate of Saint Joseph's University.
Stephen Gray
Mr. Gray founded The Recovery Group ("TRG"), where he serves as the Managing General Partner. TRG is a leading
professional services firm specializing in workouts, turnaround consulting and crisis management. Mr. Gray has
over 30 years experience in this field and has worked with publicly traded and privately held companies, where
he often serves as Chief Executive Officer or Chief Restructuring Officer. Mr. Gray is currently on the Board of
Solar Cosmetic Labs, Inc. Mr. Gray has a B.S. in Engineering from George Washington University and an M.S. in
Mechanical Engineering from Tufts University.
John I. Jellinek
Mr. Jellinek serves as President of Jelco Ventures, Inc., a private equity investment firm he founded in 1971. Over
the last 30 years, Mr. Jellinek has completed and/or invested in over 50 private equity transactions. Notable
transactions during that period include Bell Sports Corporation, IMNET Systems, Inc., Apogent Technologies, Tapscotts,
Inc., Labor Source LLC, Pelstar LLC and CourtLink. Mr. Jellinek is a shareholder and Operating Director of BPC Group,
a boutique, mid-market investment bank and he is a director of K2 Industrial, Inc., Pelstar LLC, Capital Resource
Advisors and Zenith Administrators, Inc. In addition, Mr. Jellinek serves as Treasurer of the Aspen Valley Hospital Board of Trustees. He is a
co-founder of the Entrepreneur Foundation at Miami University and has served as a Co-Trustee of the Miami University
fund and its Business School Board. Mr. Jellinek received his B.S. from Miami University and his M.B.A. from the
University of Chicago.
|
|
|
|
|