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Albert J. Mink, CPA, CTP, CFE

Albert J. Mink, CPA, CTP, CFE

Managing Director

Bio

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 CRO 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.

Life Before Phoenix

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, the Turnaround Management Association, and the Association of Certified Fraud Examiners.

Featured Transactions

Interim CFO and CRO, International Mid-Market Specialized Steel Mini-Mill: Served as interim CFO and Chief Restructuring Officer for an international mid-market specialized steel mini-mill located in Ontario, Canada. 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, 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

CRO, Middle Market Manufacturer: 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. Worked with the CEO to solve marketing, manufacturing, administrative, and financial issues in the United States and China. 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

Interim CFO, Publicly Held Leasing Company: 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, 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.

Advisor, Middle-Market Chemical Company: Worked with an executive team in the turnaround and subsequent rapid growth of the Company.

Advisor, International Manufacturing Company: Managed the successful restructuring of an international manufacturing company by negotiating a new financing package that enabled the Company to emerge from bankruptcy.

Advisor, Phoenix Client: 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.

Office: (646) 490-8800

Mobile: (908) 239-3131

Office Location: New York

Years with Phoenix: 18

Years of Experience: 34

Service Specialties:

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

Recapitalization

Refinancing

Expansion/Growth Financing

Management of §363 Sales Process

Out-of-court Bankruptcy Auctions

Divestitures

Balance Sheet Restructurings

Industry Specialties:

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

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