Jim is a seasoned executive with extensive experience in the manufacturing, high tech, and telecommunications environments. He has over 29 years experience serving multinational public, European and privately owned companies.
Jim is currently serving as executive vice president of Tecumseh Products Company (Tecumseh) and president of its power equipment company, Tecumseh Power Company. During his tenure with Tecumseh he served as its president and chief operating officer while the Board of Directors sought to fill the vacant chief executive officer position. Jim led the turnaround of Tecumseh Power Company, which included significant improvements to profitability, culture, footprint and sourcing. In addition, while with Tecumseh he lead changes to cash management, financing, footprint, sourcing, product focus, and culture. He also led Tecumseh through four divestitures of non-core operations generating sale proceeds in excess of $280 million.
For three years Jim was the chief executive officer of a large privately-held German cable company, ish GmbH and Co. KG. During that time he led a total transformation of the company, including restructuring its balance sheet, establishing a new corporate vision, becoming the first digital cable company in Germany, improving profitability by 100% and increasing shareholder value by €900 million to over €1.6 billion.
From May 1998 through October 2001, Jim served as president and chief executive officer of Peregrine Incorporated. He led Peregrine through a successful restructuring plan and ultimate sale of its restructured operations.
Jim served as the chief restructuring officer of LTV Steel, a $5 billion integrated steel manufacturer. He assisted the CEO in developing and implementing a restructuring strategy that resulted in the prospect of long term viability for this troubled steel supplier.
Jim served as the CEO of Air Transport International, an air cargo provider with revenues of $130 million. Prior to ATI, he was senior vice president and interim CFO of FoxMeyer Drug Company, a $5.4 billion unit of Dallas-based FoxMeyer Health Corporation. At the conclusion of the sale of FoxMeyer’s business, Jim continued in the role of CFO to lead the integration process for the acquirer.
Prior to joining AlixPartners, Jim was the CFO of Environmental Quality Company, a $90 million company that provides hazardous and non-hazardous waste treatment, stabilization, recycling and disposal services. He was also a partner at Ernst & Young LLP for six years.