Since then, Wimmer Associates has gained a reputation for the development and
application of simple, yet incisive analytical methodologies that get
results. Engagements have
included management leadership roles for the restructuring of $500
million CompuAdd Computer - a 109 store retailer and manufacturer, a
$300 million industrial products distributor, $250 million Crowley
department stores, a defense/aerospace contractor, a leading university,
a branded consumer products injection molder, a specialty fresh food
distributor and numerous other management and advisory assignments.
Mr.
Wimmer managed the Southwest Region for a leading national restructuring
consulting firm. His
assignments included lead responsibility as CEO for viability analysis,
market and product strategy, operations restructuring plans and
improvements, cash flow enhancement and refinancing.
He also led operations teams that assisted management with
successful negotiations with secured and unsecured creditors, unions,
and potential new investors. Client
companies included aerospace/defense, automotive/trucking, food
processing, printing/publishing, material handling, retail, grocery and
fast food franchising. He
built relationships with major lending institutions including Citicorp,
LaSalle, JPMorgan Chase, Wachovia, CIT, Wells Fargo, Merrill Lynch and
Prudential among others.
As
President of $4.2 billion Swift Independent Corporation, a leading food
and distribution LBO, he successfully managed the cash flow enhancement,
organizational development and strategic re-direction of the company.
He later played a lead role with the equity sponsor in
negotiating Swift’s sale for over seven times the original LBO
purchase price in just 3-1/2 years.
Prior
to that, Mr. Wimmer was Vice President, Marketing of Curtis Mathes
Corporation, a privately held $300 million manufacturer and retailer of
televisions and electronics products.
There he focused on strategy implementation, marketing, and new
product development, while converting the company to a retail franchise
system. He had
responsibility for 650 retail locations nationwide.
Before
Curtis Mathes, Mr. Wimmer was with Lenox, Inc., a leading manufacturer
and marketer of consumer goods. Over
a period of eight years, he was President and General Manager of three
Lenox subsidiaries. He
implemented a company-wide strategic planning system that led to
dramatic improvements in growth and profitability and a four-fold
increase in the company’s stock price.
He led the acquisition effort and became President of Keepsake, a
leading diamond jewelry manufacturer, distributor and franchise
retailer.
Mr.
Wimmer began his career with U.S. Steel in financial planning, and later
joined Booz, Allen & Hamilton to assist clients in both industrial
and consumer markets in mergers and acquisitions, joint ventures and
general management consulting.
Mr.
Wimmer received both his Bachelor's and Master's degrees in Mechanical
Engineering from
Lehigh
University
. Later, he attended
Carnegie-Mellon
University
as a U.S. Steel Fellow, where he earned a Master of Science degree in
Industrial Administration. Mr.
Wimmer also served as President, TMA - Dallas Chapter and remains active
as a Director. In 2001 he
was nominated for “Turnaround Manager of the Year”.