2003 - Present
Provide interim and transitional management services to distressed companies. Representative engagements include:
·President, Minnesota-based benefits consulting firm. Led and managed five business practices with primary responsibility for developing a long-term business strategy.
·Interim President, CEO and board member of Phoenix-based Security Trust Company, N.A., a $13 billion national bank/trust company. Fiduciary Associate provided an interim management team. The company's operating assets were sold, other assets and liabilities were resolved and settlements were reached with numerous regulatory agencies saving investors over $10 million in operating expense.
·Interim President, CEO and board member of Capital Management Investors Holdings, Inc., and investment firm holding company. This firm was reorganized and prepped for liquidation.
·Board member and executive management consultant to Renaissance Administration LLC, an Indianapolis-based trust administrative company. A long-term business strategy was developed.
2001 - 2003
An E-distribution, research and consulting firm providing sales and marketing product and services to financial advisors. This company was sold to CBSMarketwatch in March, 2004.
1979 - 2001
President, Institutional Trust and Custody Division, 2000-2001
Institutional Trust and Custody was U.S. Bancorp's division providing retirement plan products and institutional custodial services. The business had 800 employees in forty offices located in nineteen states. Annual revenues exceeded $200 million with assets under administration exceeding $300 billion.
Chief Executive Officer, First American Asset Management, 1998-2000
First American Asset Management was U.S. Bancorp's asset management business with $80 billion in assets under management. This business had 750 employees in twenty offices located in ten states. Annual revenues exceeded $150 million.
Executive Vice President, First American Asset Management, 1996-1998
Managed the sales, relationship management, product management, marketing, high net worth portfolio management, client services and operations functions for First American Asset Management. Annual revenues exceeded $80 million.
Senior Vice President, Product Management/Marketing, Institutional Trust, 1992-1996Vice President, Technology/Operations Support, First Trust Company, 1987-1992Assistant Vice President, Controller, First Trust Company, 1985-1987Various Managerial Positions, 1979-1995