Thomas Beane's Email & Phone

Thomas J. Beane have over 20 years of broad-based business experience, including over a decade of turnaround and crisis management consulting. He is experienced in both financial and operating issues and is extremely skilled at identifying and implementing practical solutions in time and critical situations. His assignments with Beane Associates, Inc. include: CRO in the restructuring of a $15 million turbine blade manufacture including the development of the turnaround plan, restructuring operations and the balance sheet, and managing all negotiations with creditors, both secured and unsecured. Representing the debtor as crisis manager in the restructuring of a $60 million health care provider including negotiation of forbearance agreements with the senior lender, restructuring operations, and preparation of financial analysis and pro-forma financial statements, which resulted in the sale of the company to a competitor at a significant premium for the shareholders. Representing the secured creditor in the orderly wind-down of a multi-state $400 million textile manufacturer resulting in a 100% recovery for the senior lender. Industry Experience includes: Aerospace Automotive Building Products Construction Defense Distribution Financial Services Food & Beverage Health and Medical High Technology Manufacturing Printing Retail Service Textiles Transportation 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. Tom worked for NCR and AT&T in a variety of management positions. As manager of a $23 million business unit of AT&T, Tom was responsible for the turnaround of a marginally profitable business unit into one of the highest profit attaining business units in the company. His responsibilities included profit and loss, departmental budgets, strategic planning, employee development and contract negotiations. Elected in 1997 as a Certified Management Consultant by the Institute of Management Consultants USA, Tom meets the Institute's standard for technical competence, professional experience and ethical conduct. Tom earned a B.S. in Economics from the University of Delaware and his M.B.A. from Rollins College. He is a member of the Turnaround Management Association, the American Bankruptcy Institute, and the Associate of Insolvency and Restructuring Advisors.