|
Millard D. Brown
Managing Director - Atlanta, Georgia
Millard D. Brown has more than 30 years experience developing and implementing crisis
and change management for both public and private companies. He is a strategic thinker
with a passion for creating and implementing positive change.
His assignments with Beane Associates, Inc. include:
- Representing the debtor in the stabilization, turnaround and restructuring of a
$70 million textile company. Mill was instrumental in consolidating three geographically
dispersed plants into one centralized facility, while outsourcing 80% of the product to
low cost overseas suppliers.
- Representing the secured creditor in the orderly wind-down of a multi-state $250
million scrap recycling company.
- Representing the secured creditor in the restructuring proceedings of a $300 million
aluminum smelter and aerospace parts manufacturer.
Industry Experience includes:
|
Aerospace
Automotive
|
Distribution
High Technology
|
Manufacturing
Retail
|
Service
Textiles
|
Professional Experience includes:
|
Strategy Development & Implementation
Turnarounds and Crisis Management
Management Evaluation
Financial Analysis & Forecasting
Operational Restructuring & Implementation
Chapter 11 Reorganizations
|
Chapter 11 Wind-downs
Chapter 7 Liquidations
Refinancing - Debt or Capital Acquisition
Disposition of Under-performing Assets
Creditor Negotiations & Management
|
Before joining Beane Associates, Inc. Mill provided expertise to various financially
distressed companies owned by an investment trust. Working either as an interim CEO or
as turnaround consultant, Mill was able to increase the customer base of many of the
portfolio companies by an average of 18% and relied heavily on lean manufacturing techniques
to substantially increase margins and throughput.
As CEO of a national electronics distributor Mill returned the company to profitability
while increasing revenues from $58 million to $80 million. Prior to that, Mill worked for
General Electric Corporation and Hercules, Inc. and was promoted to progressively more
responsible management positions in quality, facilities, manufacturing and engineering.
While in management positions at GE and Hercules, Mill had a parallel career in the Army
Reserves until he retired as a Lieutenant Colonel. He spent a year in Vietnam with the Corps
of Engineers where he earned the Army Commendation and Bronze Star metals.
Mill earned a M.S. in Industrial Management from Rensselear Polytechnic Institute and a B.S.
in Industrial Distribution from Clarkson University. He also completed two general management
courses at GE's Crotonville. Mill is an active member of the Turnaround Management Association
and the Association for Manufacturing Excellence, Inc.
|
