Meet Our Team Albert J. Mink
Meet Our Team

Albert J. Mink, CPA, CTP, CFE

Managing Director
Years with Phoenix: 27
Years of Turnaround Experience: 31

Albert Mink is a Senior Financial Executive at Phoenix. He is an expert in managing companies that are experiencing explosive growth or are in need of a turnaround or reorganization through bankruptcy. Albert has a strong background in accounting and financial management, operations analysis, mergers and acquisitions, recapitalizations, bankruptcies, information technologies, and fraud investigations.

He has been with Phoenix Management since early 1990 and has been engaged as an interim executive or Chief Restructuring Officer for public and private sector companies. Albert has managed more than 50 successful Phoenix turnaround engagements for middle market companies in manufacturing, distribution, and service industries located in the United States, Canada, Mainland China, Hong Kong, England, Bermuda, and Europe.

In addition, Albert has prepared fraud assessments, implemented anti-fraud measures, conducted fraud investigations, and provided litigation support and expert testimony in both criminal and civil fraud cases.

PHOENIX MANAGEMENT SERVICES ® EXPERIENCE

  • Turnaround Management
  • Bankruptcy Advisory & Litigation Support
  • Crisis Management
  • Fraud Investigations & Expert Testimony
  • Interim Financial/Operations Management
  • Strategic Advisory
  • Liquidation & Business Wind Down
  • Due Diligence Reviews
  • Operational Assessments

SELECTED ADVISORY ASSIGNMENTS

  • Served as interim CFO and CRO for an international mid-market specialized steel mini-mill located in Ontario, Canada. During his three and one half years in this role, Albert refinanced the Company, worked out numerous unsecured lines of credit with vendors, and managed upgrades in all computer systems and financial reporting systems. Working closely with the CEO and the Board, Albert lead the company through a massive balance sheet restructuring and increased EBITDA by over 170% through the development of Sales and Marketing strategies, process improvements and implementation of multi-million cost savings programs.
  • Served as Chief Restructuring Officer for a middle market manufacturer servicing “big box” retailers, including Wal-Mart and Target. The Company had manufacturing operations in Mainland China and a trading company in Hong Kong. Albert worked with the CEO to solve marketing, manufacturing, administrative, and financial issues in the United States and China. He gained extensive experience with Chinese regulations for U.S.-owned manufacturing plants located in China and successfully refinanced the Company with working capital lines in the United States and Hong Kong. 
  • Served as interim CFO for a $1.3 billion, publicly held leasing company during its reorganization through bankruptcy. In addition to directing the decentralized accounting functions of this 12-location operation, he was directly responsible for all special bankruptcy and SEC reporting requirements. He managed secured and unsecured creditor negotiations and wind down activities during the Company’s massive reorganization.
  • Worked with an executive team in the turnaround and subsequent rapid growth of a middle-market chemical company. As CFO/COO, he employed various strategies that greatly contributed to the Company’s 2000% EBITDA growth, reaping significant benefits to its shareholders.
  • Managed the successful restructuring of an international manufacturing company. He provided critical assistance in successfully equitizing publicly held debt and restructuring equipment leases. In addition, Albert negotiated a new financing package that enabled the Company to emerge from bankruptcy.
  • Uncovered a $21 million fraud at a Phoenix client. Provided litigation support and expert testimony in Federal prosecution of bank fraud. The alleged perpetrator was convicted. At various other clients, he prepared fraud risk assessments, implemented anti-fraud controls, investigated fraud allegations, and provided litigation support and expert testimony in civil fraud cases.

INDUSTRY EXPERIENCE

  • Advertising
  • Aircraft & Parts
  • Apparel
  • Chemicals
  • Consumer Products
  • Convenience Stores
  • Electrical Products • Food & Beverage
  • General Building Construction
  • Information Technology
  • International Experience
  • Jewelry
  • Leasing
  • Machinery
  • Measurement & Instrumentation
  • Metal Products
  • Paper Products
  • Personal Care Products
  • Printing
  • Technology
  • Telecommunications
  • Utility

CAPITAL ADVISORY EXPERIENCE

  • Recapitalization
  • Refinancing
  • Expansion/Growth Financing
  • Management of §363 Sales Process
  • Out-of-court Bankruptcy Auctions
  • Divestitures
  • Balance Sheet Restructurings

PRIOR EXPERIENCE

Prior to joining Phoenix, Albert held management-level positions in Fortune 500 companies, including American Airlines and City Investing (a $15 billion publicly held diversified conglomerate). He started his career with Price Waterhouse and Co. (now PricewaterhouseCoopers LLP).

EDUCATION / AFFILIATIONS

Albert is an active New Jersey CPA, a Certified Turnaround Professional (CTP), and a Certified Fraud Examiner (CFE). He holds a MBA in Finance from Seton Hall University and an Advanced Certificate in Information Technologies Management from New York University. Albert is a member in good standing with the AICPA, Certified Turnaround Management Association, and the Association of Certified Fraud Examiners.

albert j. mink

Contact Information

Office Location: New York, NY
 

Mobile: (908) 239-3131


Email:
amink@phoenixmanagement.com

vCard: Albert J. Mink.vcf