Bob is dedicated to helping OEMs who are concerned with supplier production performance, banks who are evaluating customers ability to pay or repay, and troubled companies in need of hands-on assistance. He has more than 35 years of real-world expertise in restructuring, bankruptcy, corporate finance, valuation, due diligence, interim management, litigation support, environmental remediation, plant decommissioning and corporate social responsibility. Since 2003 Bob has been acting as CEO and CFO in winding down a $300 million automotive components manufacturing company in Canada. He is also chairing BBK's decommissioning team leading environmental remediation, demolition of a 1.9 million square foot plant and developing a marketing plan for the 46 acre site. Overall savings on this project are forecast to be $75 million, or 22% of the budget. Prior to his role with the Canadian company, Bob spent three months acting as CFO for a New York City based television signal distribution company - developing a closure plan and selling the assets. Professional Experience Bob's relationship with General Motors Corporation (GM) spans more than 30 years in a variety of countries. In the 90s and early 00s - as CFO for their Grand Blanc-based Service and Parts Operations (an $8 billion service parts business) his efforts resulted in net income growth that averaged more than 20% per year; this business became one of GMs most profitable automotive operations. He also initiated a new ventures activity that encouraged aggressive growth through acquisitions. In the 90s, as CFO of GMs Powertrain Group in Pontiac, he transformed this troubled organization into a profit center by determining which operations were competitive and which required significant change. In the 80s GM sent him on special assignment to Scotland to function as Chairman, CEO and consultant for TEREX Equipment Ltd. His role was to operate the TEREX business in Scotland, become a board member of TEREX US (in bankruptcy) and ultimately sell both businesses. As CFO for the Packard Electric Division and Executive Director of the Packard International Business Unit he focused on aggressive growth; he established new operations in Turkey, Tunisia, Ireland, Portugal, Australia, Brazil, Japan - and restructured a Mexican joint venture. Background Automotive Chemicals Distribution & Logistics Electronics Machinery Manufacturing Telecommunications Education Master of Business Administration, Cornell University, NY Bachelor of Science, Economics, Finance, and Accounting, Cornell University, NY |