Albert J. Mink, CPA, CTP

Director
Years with Phoenix: 17
Years of Turnaround Experience: 21
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, Mr. Mink has a strong background in accounting and financial management, operations analysis, mergers and acquisitions, recapitalizations and information technologies.

Mr. Mink has been with Phoenix Management since early 1990 and has been engaged as an interim executive or Restructuring Officer for public and private sector companies. Mr. Mink has managed over 40 successful Phoenix turnaround engagements for middle market companies in manufacturing, distribution, and service industries located in the US, mainland China, Hong Kong, England, Bermuda and Europe.

Phoenix Management Services Experience

• Turnaround Management
• Crisis Management
• Interim Management
• Operational Assessments
• Financial Forecasting
• Cash Management

• Strategic Advisory
• Bankruptcy Advisory
• Liquidation and Business Wind Down
• Due Diligence Reviews
• Litigation Support

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.

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.

Mr. Mink was an integral member of the Phoenix team that provided interim management to the Philadelphia Gas Works (PGW). In the capacity of Interim CFO, he was responsible for directing the activities of the Accounting, Budget, Treasury, and Risk Management departments, and guiding the company as it struggled to meet its financial debt covenants during a critical year-long reorganization.

Worked with an executive team in the turnaround and subsequent rapid growth of a middle-market manufacturing 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.

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

Phoenix Capital Resources 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 a CPA and a Certified Turnaround Professional (CTP), and he holds an MBA in Finance from Seton Hall University and an Advanced Certificate in Information Technologies Management from NYU.