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Management Vice President

Houston, Texas, 77057, United States
May 24, 2010

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**** ******* *********

Houston, TX 77057

713-***-**** (H)

954-***-**** (M)


Financial and Operational Executive with significant experience in creating

value, generating performance gains, maximizing liquidity, motivating

associates and re-engineering strategic plans. Outstanding leadership

qualities that motivate organizations to meet and exceed expectations.

Excellent communication designed to provide credibility to the organization

and effect positive change. Strong analytical and problem solving skills.

Expertise in the following areas, strategic planning and forecasting,

business performance improvement, financial and deal structure, cash flow

management and control, crisis and change management, and budgeting and

expense control.


2003-Present: RENAISSANCE PARTNERS L.C.-a turnaround, restructuring and

profit improvement consulting firm. Houston, Texas

Senior Principal

Provided profit improvement; business planning and development; turnaround,

crisis and interim management; financial restructuring; bankruptcy and wind-

down services; distribution systems; logistics; information technology and

merchandise management consulting.

. Developed business assessment and viability analyses including

strategic analyses, planning and repositioning of various businesses.

. Developed and implemented business plans, including human asset

evaluation, coaching and mentoring.

. Provided detailed cash management projections, including negotiation

and documentation of existing lending facilities and replacement

lending facilities.

. Provided crisis, turnaround and interim management services, including

bankruptcy, liquidation, and wind-down services.

2002-2003: MARS INC.-a private equity backed musical instrument retailer

operating 41 stores in 20 states with sales exceeding $345 million. Fort

Lauderdale, Florida

Executive Vice President, Chief Financial Officer, Chief Operating Officer,

Acting Chief Executive Officer and Acting Board of Directors, Court

Appointed Trustee

. Undertook the role of senior management operationally and financially at

the request of investors in an extremely troubled company with the goal to

maximize value for the various stakeholders through refinancing and


. Directed all activities in the areas of Accounting, Finance, Human

Relations, Benefits, Information Technology, Information Systems,

Distribution, Merchandising, and Stores.

. Managed entire complex Chapter 11 process from filing through plan of

liquidation, including being appointed by the Federal Bankruptcy Court as

liquidating agent and trustee.

. Handpicked small wind down team to liquidate entire chain and dispose of

all assets, including leases,

e-commerce business, instrument rental business, and retail mailing


. Generated full recovery for the secured and priority creditors and

recoveries for the unsecured creditors of approximately 60% higher than

the initial recovery projections.

1995-2001: WEINER'S STORES, INC.-a family owned specialty retailer of

apparel, shoes, clothing, decorative home furnishings, electronics and

accessories operating in excess of 150 stores with sales exceeding $275

million. Houston, Texas

Chief Financial Officer, Executive Vice President Chief Operating Officer

and Director, Chairman of the Board, Chief Executive Officer, and President

. Hired by family to lead the Company through a bankruptcy filing in

April 1995 that led to a successful emergence from Chapter 11 in

August 1997 as a publicly traded company.

. Substantially reduced corporate expense in all areas while

dramatically improving the quality and quantity of the work provided

to the organization.

. Established excellent support and working relationship with lenders,

vendors, and factors.

. Directed all activities in the areas of Accounting, Finance, Human

Relations, Benefits, Information Technology, Information Systems,

Distribution, Stores and Merchandise.

. In July 2000 elected Chairman, President and Chief Executive Officer.

. Totally changed the merchandise concept and upgraded the store

division in 2000/2001, determined in June 2001 in conjunction with the

Board of Directors and the Official Unsecured Creditors Committee that

the Company should be sold and or liquidated as soon as possible.

. Generated full recovery for the secured and priority creditors and

recoveries for the unsecured creditors of approximately 50%--well

above the expectations of the creditors' committee.

1988-1995: CARLISLE RETAILERS, INC.-a family owned specialty retailer of

apparel and related accessories operating 16 stores with sales exceeding

$50 million. Ashtabula, Ohio

Executive Vice President-Finance and Operations

. Led the company through difficult refinancing arrangements in 1988,

1991, 1992 and 1993 while continuing to receive excellent support from

the vendors and the factoring community.

. Instituted a cross training program and upgraded computerization,

which led the company to a +48% reduction in the workforce.

. Directed the company through a successful Chapter 11 process in


. Directed all activities in the areas of Accounting, Credit, Finance,

Human Relations, Benefits, Loss Prevention, Information Services, Real

Estate, Distribution and Operations.

1985-1988: INDUSTRIAL EQUITY (PACIFIC) LIMITED-an international

investment company with operating companies in United States (acquired The

Higbee Company in 1984), Canada, and Hong Kong. Cleveland, Ohio

Vice President-North American Operations

. Assisted in the management of current investments in the United

States, including the purchase and the sale of securities, and the

analyses of potential business opportunities.

. Interfaced directly with outside legal counsel on mergers,

acquisitions, and divestitures.

. Directed the management of a wholly owned subsidiary in the

manufacturing sector.

. Sat on the Board of several subsidiaries and one publicly traded


1972-1985: THE HIGBEE COMPANY-publicly traded department store in

northeast Ohio with sales in excess of $300 million. Cleveland, Ohio

Treasurer, Assistant Vice President/Treasurer, and Vice President/Treasurer

. Issued all Securities and Exchange Commission filings and all

quarterly and annual reports.

. Directed all cash management functions and prepared and filed all

taxes for the company.

. Interfaced with other senior management on long and short term

strategic planning.

. Performed the risk management role for all property and casualty


. Undertook the responsibility for the issuance of $40 million

Subordinated Debentures in 1984, which was part of an $83 million



MBA, Finance, Cleveland State University 1979

BS, Industrial Management, Youngstown State University 1974

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