B.S., State University of New York (SUNY) at Cortland
MBA, Duke University
Page Marking Device # 6,896,294
Member, Turnaround Management Association (TMA)
Member, Financial Executives Institute
Edward J. Bidanset, III, Senior Director
Ed has a wide array of financial consulting and management experience spanning over 25 years. He has an extensive background in turnarounds, crisis management, and investment banking. He has worked with both Fortune 500 firms and privately held companies, acting as an advisory consultant or taking on the role of CEO, CFO or COO. He has worked for many clients over a wide variety of industries, but has particular expertise in the consumer products, retail, printing, distribution, plastics and metals industries.
Before joining The Finley Group, Ed was a Managing Director at Morris Anderson. He has also held pervious roles as a consultant and principal with CE Inc., a crisis and turnaround management firm with sourcing contacts in Asia and clients in retail, distribution and manufacturing. While there, Ed was instrumental in the turnaround of a $175 million wholesale distribution / logistics company, the start up of a greenfield specialty printing company and the re-finance of a $600 million frozen seafood distribution company with global sourcing and distribution operations.
Ed’s experience includes:
- As CEO lead the successful sale of the automotive supplier DriveSol Sweden. Despite the initial assignment to liquidate the company, Ed was able to sell the business to Swedish automotive industry executives. The secured debt was fully paid and 160 people retained jobs during the 2009 auto industry disaster.
- COO / CFO for a commercial printer that printed Smithsonian magazine, AAA Trip-Tiks and tourism brochures for the Mexican consulate. Patented a page marking device U.S. Patent Number 6,896,294 under the trade name of Tag-em used to mark pages with an adhesive paper label/flag.
- CFO for Middle Atlantic Products, a sheet metal rack manufacturer. He financed the equity buy-out of a co-founder and negotiated a middle-market loan with Chase Manhattan to replace an asset-based credit line.
- CEO for Imtek/Holliday-Tyler Printing. He liquidated the parent company, auctioned equipment and complied with National Labor Relations Board standards and union contracts while closing the plant and then managed the greenfield in another state.