Martin P. Doolan                                       Back Next

Mr. Doolan, with over 25 years of experience as a corporate turnaround executive, has been highly successful restoring shareholder value and long-term profitability in several medium-to-large size corporations. He has provided extensive CEO management and advisory turnaround services to companies owned by Clayton, Dubilier & Rice, First Chicago Venture Capital, Madison Dearborn Partners, RFE Investment Partners, Banc One Venture Partners, Weston Presidio Capital, Capstan Partners, Security Pacific Venture Capital, Citicorp, Manufacturers Hanover Trust, Chase Manhattan, Schottenstein Stores Corp. and others.

Most recently, Mr. Doolan was President and CEO of $2.5 billion Value City Department Stores Inc. (NYSE-symbol:VCD).  He returned sales and profits to a strong positive trend and implemented a strategic plan of action that took the company from a 50¢ quarterly loss per share to a $1.00 per share annual profit. 

Concurrently, he serves as: Director, $1.5 billion American Eagle Outfitters; Chairman, President & CEO of U.S. Netting, a filtration media manufacturer; Director, Baxter, Inc., a manufacturer of bakery and food service equipment; Director, OK Industries Inc., a high-tech manufacturer for the semiconductor industry.

Earlier Mr. Doolan served as Chairman and CEO of Bestop (NASDAQ), an automotive convertible and sports utility vehicle top manufacturer.  Mr. Doolan led this company from crisis through divestiture, renewed profitability, led an IPO and acquisition effort and implemented an exit strategy to provide the investors a substantial ROI.

Mr. Doolan served as Chairman, CEO of a $100 million furniture manufacturer.  This company was owned by Clayton, Dubilier & Rice, a leading New York based LBO firm.  Mr. Doolan was responsible for a significant turnaround and refocus of the strategic direction of this business for long term profit and growth.

      Other assignments have included:

AMF Bowling - developed and implemented post-LBO strategic plan for reducing operations, product cost and debt and profit improvement.

ThermoServ Inc. - executed off shore manufacturing operation resulting in significant product cost reduction with financial turnaround of corporate profits and exit for shareholders.

Scope Inc. - developed and executed corporate cost reduction programs contributing to award of large military contracts and profit turnaround.

Lexicon Inc. - developed and executed manufacturing consolidation and corporate profit improvement plan.

Datatrol - as COO of leading high tech-manufacturing of on-line debit/credit card systems led company from crisis to profitable turnaround and divestiture.

Early career engagements included assignments as Plant Manager with ITT Defense Communications, Executive Vice President - Manufacturing with Pilot Audio Inc. and Vice President - Technical Services with Multitone Electronics Inc.

Mr. Doolan holds numerous U.S. and international patents, and is a Captain in the U.S.Coast Guard Reserve.  He has an ASEE degree from RCA Institute, a BSEE from City University of New York and a BBA from Dallas Baptist University.  Mr. Doolan has been featured in articles in the Wall Street Journal, Fortune, Wall Street Transcript, Dallas Business Journal, Business Week and numerous trade publications.  He has also been featured on “CEO Call” on CNBC.  He is the recipient of the prestigious “1999 Ellis Island Medal of Honor” for exceptional business achievements, humanitarian efforts and outstanding contributions to our country.