Albert J. Mink, CPA, CTP, CFE

Managing Director
Years with Phoenix: 22
Years of Turnaround Experience: 26
Office Location: New York, NY

Mr. Mink is a senior financial executive and an expert in managing companies experiencing explosive growth, in need of a turnaround or reorganization through bankruptcy. A CPA, MBA, CTP and CFE, Mr. Mink has a strong background in accounting and financial management, operations analysis, mergers and acquisitions, recapitalizations, bankruptcies, information technologies and fraud investigations.

Mr. Mink 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. Mr. Mink has managed over 50 successful Phoenix turnaround engagements for middle market companies in manufacturing, distribution, and service industries located in the US, Canada, mainland China, Hong Kong, England, Bermuda and Europe.

In addition, Mr. Mink 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 and Litigation Support
• Crisis Management
• Fraud Investigations and Expert Testimony
• Interim Financial/Operations Management

• Strategic Advisory
• Liquidation and Business Wind Down
• Due Diligence Reviews
• Operational Assessments

Selected Advisory Assignments

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. Mr. Mink worked with the CEO to solve marketing, manufacturing, administrative and financial issues in the US and China. He gained extensive experience with China regulations for US-owned manufacturing plants located in China, and successfully refinanced the company with working capital lines in the US and Hong Kong.

Mr. Mink served as interim CFO and CRO for an international mid-market steel mini-mill located in Ontario, Canada. During the two years he served in this role, he refinanced the company, worked out numerous unsecured lines of credit with vendors and managed foreign exchange currency operations. Working closely with Management and the Board of Directors, Mr. Mink lead the development of Sales and Marketing strategies and assisted Management in the development and implementation of multi-million dollar cost saving programs.

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 twelve-location operation, he was directly responsible for all special bankruptcy and SEC reporting requirements, 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 to contribute greatly 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, Mr. Mink 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, 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 and Parts
• Apparel
• Chemicals
• Consumer Products
• Convenience Stores
• Electrical Products
• Food and Beverage
• General Building Construction
• Information Technology
• International Experience

• Jewelry
• Leasing
• Machinery
• Measurement and 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, Mr. Mink 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 Price Waterhouse Coopers).

Education/Affiliations

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