Mark H. McKinsey                                    Back Next

Mr. McKinsey has over thirty years of executive level general management, administration, marketing and finance experience.  His background includes strategic business planning, sales/manufacturing/finance executive responsibilities with particular emphasis on operational turnarounds and financial restructuring in both industrial and consumer businesses.  He has led over 25 successful turnarounds of manufacturing companies and participated in over 150 M&A assignments. Mr. McKinsey has served as a corporate officer, director, and advisor to the board of directors.

Mr. McKinsey specializes in corporate development, operational and financial restructuring, mergers and acquisitions, development of marketing strategy, executive M&A training and interim management. Mr. McKinsey has had successful assignments in furniture manufacturing, retailing and mail order, retail grocery operations, specialty chemicals, oil refining and marketing, housewares, engineered water treatment and filtration projects, building materials, printing, computer software, automobile parts, manufacturing and distributing safety glasses.

Mr. McKinsey led the successful acquisition of Veritech Microwave for Spectra Diode Labs, a transaction valued at $660 million.  He later participated in the sale of Spectra Diode Labs to JDS Uniphase for $18 billion. Other M&A clients have included Alliant Energy, Ameren Services, SKF, Qualcomm, Ford Motor Company, Delphi Automotive and Lydall Technical Papers.

Mr. McKinsey consulted with General Electric Credit Corporation on the successful turnaround of Riverside, a $90 million furniture manufacturer.  This assignment included high level evaluation of top management and evaluation of sales/marketing, manufacturing assets and financial prospects. Top management was replaced, product mix/product development was redirected, new key accounts were obtained, and $54 million in debt was restructured. Mr. McKinsey was both a director and consultant to Riverside after the turnaround.

Earlier, Mr. McKinsey was Chairman, President and CEO of Dolly Madison Industries (DMI).  He joined and successfully reorganized the company after it had been through seven years of Chapter 10 bankruptcy.  Mr. McKinsey took the company public, sold off unprofitable units, arranged both short and long term financing, and streamlined the company's furniture manufacturing business.

Before DMI, Mr. McKinsey was Group Vice-President of US Filter where he directed the successful turnaround of 5 divisions, changing results from a $3 million loss to $5.5 million profit.  Sales were grown from $15.8 million to $42.6 million, while at the same time reducing net working capital over 40%.

Prior to US Filter, Mr. McKinsey turned around three divisions for Dictaphone, two divisions for Hamilton Cosco, and was manager of General Development Group for WR Grace.

Mr. McKinsey received his Bachelor of Science at the University of Oklahoma and his Master of Business Administration from Harvard Business School.  He served on the USS Allen M. Sumner and as a pilot in the US Navy.