Erich Stolz MS, MBA, CTP, CFE Certified Board Director senior

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ERICH STOLZ
MS, MBA, CTP, CFE
CERTIFIED BOARD DIRECTOR
SENIOR CORPORATE EXECUTIVE
Turnaround + Growth Specialist
industrial service, manufacturing, distribution, machining, construction and engineering
E XECUTIVE P ROFILE
Executive Leadership
Strategic Planning / Vision
Board leadership...
Deep experience holding senior board positions and chairing Audit, Strategy,
Compensation, and Governance Committees. Proven capabilities addressing the
issues that impact stakeholders, policy, and overall business oversight.
Corporate Turnarounds
High-performance executive with a 20+ year track record at the strategic and
tactical helm of successful organizations. Advanced business acumen with skills
across the full leadership spectrum – expert at defining the business vision,
rebuilding operations, driving organic and M&A growth, optimizing top and bottom
lines, and maximizing shareholder value. Value offered includes:
Growth Strategies
Mergers & Acquisitions
P&L Management
Financial Governance
Cost Containment
New Business Development
Turnaround + Restructuring specialist….
Orchestrated the turnaround and restructuring of 11 U.S. and European
corporations. Unique ability to rationalize business operations, stop cash bleeds,
restructuring the balance sheets and make the tough decisions necessary to
optimize EBITDAs, accelerate growth, and turn struggling companies into profitable
enterprises.
Certified Turnaround Professional (CTP).
Strategic Partnerships
Operational Excellence
Change Champion
Asset Management
Board Relations
Leadership & Mentoring
Corporate financial & accounting...
Complements strategic business acumen with the sound financial leadership to
improve cash flow, negotiate/renegotiate financing, and build sound financial
infrastructures. Extensive CFO experience in both the U.S. and Europe.
Inspiring leader and change champion...
Respected as a visionary leader with the ability to attract top talent, motivate by
example, and build cultures based on accountability and performance excellence
Private equity experience...
Extensive private equity experience serving in Interim CEO, COO, and CFO roles
and rebuilding international operations in the $20 million - $600 million range.
Fluent in German
P ERFORMANCE H IGHLIGHTS

Orchestrated the turnaround of three U.S. divisions for a European private equity firm – grew revenues by $50
million and improved EBITDA from a $3.59 million loss to a $8.52 million profit

Rebuilt a U.S.-based manufacturer from a struggling $12 million company with 0 profits and poor production
value into a $74 million revenue and $12 million net profit high-growth company with lean operations and an
aggressive market approach

Transformed a $612 million public corporation with 6 operating divisions from a $60 million loss to a $60 million
profit, and spearheaded its subsequent sale to Bosch Automotive Group

For a Mercedes-Benz subsidiary, led the strategies that increased sales from $61 million to $289 million
(375%), boosting profits from $0 to over $22 million

Within a $400 million private equity firm, rebuilt a steel fabrication company and boosted sales by 34% to over
$100 million, turning a $2 million loss into a $6 million profit

Restructured the financial health of a $345 million private equity firm with 11 portfolio companies, and
successfully sold restructured group to Siemens (Europe)
Houston, Texas  Phone: 832.372.5419  ErichStolz@aol.com
Erich Stolz - Page 2 of 3
P ROFESSIONAL E XPERIENCE
MUEHLHAN SURFACE PROTECTION, INC.
$270 million multinational industrial service with four operating divisions specializing in ship newbuilding, ship repair,
oil and gas offshore, refineries and bridge services
CHAIRMAN + CEO OF ALL US SUBSIDIARIES
6/2007 – Present
Orchestrated the complete strategic, operational, and financial turnaround of the company with full CEO
responsibility over the U.S. parent and combined CEO/CFO accountability over 4 subsidiaries (P&L, capital
structure, cash flow, and assets). Rationalized and refocused the entire business, redefined the operating
structure, and led all new growth and profitability objectives to maximize shareholder value.
 Reversed a $10 million loss to breakeven within first 3 months – since grown to a projected 2010 profit of $8
million with the 2nd-largest total revenues in the industry
 Reduced overhead by 52% while increasing productivity and profitability
 Built a new financial and operational platform, defined more focused and aggressive short- and long-term
objectives, designed new business policies, and championed all change initiatives to revitalize staff toward the
new direction
 Restructured the business into Muehlhan Marine, Muehlhan Certified Coatings and Muehlhan Offshore. Recently
launched Muehlhan Wind Power to capitalize on untapped revenue opportunities in the green energy space
AMERICAN MANAGEMENT ADVISORS, INC.
Exclusive consultancy specializing in corporate restructuring, turnaround, and growth leadership for U.S.-based and
European organizations with annual sales volumes ranging from $24 million to $600 million.
1999 – 2007
CEO
Served in a variety of Interim CEO, COO, and CFO roles with a focus on revitalizing underperforming operations,
driving aggressive turnaround measures, and maximizing top-line and bottom-line growth. Noteworthy international
engagements include:
Rexroth Corporation ($612M industrial manufacturing conglomerate with 6 operating divisions) – Hired to
restructure the company, strengthen operations and financial health, and position the company for sale. Within 18
months, reversed a $60 million loss and successfully sold company to Bosch Automotive Group (Germany). Hired
by the Board with 6 CEOs reporting.
American Industrial Acquisition Corporation ($600M diversified industrial and commercial goods manufacturing
group) – Brought in as Interim CEO by private equity firm to rebuild a $20 million bankrupt forging and machining
company. Brought to profitability within 4 months with new staff, stronger engineering core, and growing customer
base.
Alamo Industrial Group ($402M diversified group of companies) – Served as Interim COO to turnaround declining
manufacturing operations. Divested a forging company and led the complete business turnaround of the Steel
Fabrication Group – within 18 months, grew revenues 34% from $75 million to $101 million and quickly turned a $2
million loss into a $6 million profit.
The Bober Group, Germany ($345M group of 11 technical services and engineering companies) – As a member
of the Board, revitalized a group of companies with negative cash flow into a viable and profitable entity.
Refocused the group strategically, restructured the balance sheet, refinanced bank loans, closed an unprofitable
unit, and acquired/merged a new engineering firm. Sold the restructured group to Siemens in Europe.
Urban Concrete Construction, Inc. ($95M privately held construction company) – Led the full financial
turnaround of the company. Eliminated significant cash drains, introduced a new cash flow control/forecasting
system, and advised majority shareholder to divest unprofitable concrete mixing plant.
A.G.I.V.
$2 billion global private equity firm
CFO / COO / BOARD MEMBER
1996 – 1999
Contracted by the firm to turn around three struggling U.S.-based manufacturing operations with combined losses
totaling $3.6 million. Held full strategic, operational, and P&L accountability for all three companies. Reported
directly to the Chairman in Europe.
Credited with growing revenues by $50 million, turning a $3.6 million loss into a net profit of $8.5 million
($12.1 million turnaround). Specific results (page 3)…
Houston, Texas  Phone: 832.372.5419  ErichStolz@aol.com
Erich Stolz - Page 3 of 3
A.G.I.V., cont.
American Barmag Corp. ($161 million capital equipment manufacturer) – refocused the business and sales
strategy, accelerated sales volume from $121 million to $161 million, and improved net profit 432% from $810,000
to $3.5 million
Avenatech Inc. ($24 million hospital equipment and surgical instrument manufacturer) – refocused the sales and
marketing strategy and turned a $1.9 million loss into a $2.4 million profit, with a total sales jump from $17 million to
$24 million
Carapace Inc. ($21 million disposable medical products manufacturer) – turned a $2.5 million loss into a $2.6
million profit. Streamlined operations/logistics and increased sales from $18 million to $21 million
SCHOTT PROCESS SYSTEMS, INC. (New Jersey)
U.S.-based subsidiary of The Schott Group, a $2 billion publicly traded corporation
1990 – 1995
PRESIDENT / BOARD MEMBER
Brought in by Chairman to turn around a declining U.S.-based manufacturer that had suffered with 10 years of
stalled revenues. Specifically challenged to revitalize an inefficient operation and refresh the company with a new
direction, the right staff, and a renewed commitment to growth.
 Streamlined manufacturing processes, improving productivity by 300%
 Increased sales 6X from $12 million to $74.5 million and grew profits from $0 to $12 million, paying recordbreaking dividends for 5 consecutive years
AEG, DIVISION OF MERCEDES-BENZ (Europe)
Manufacturer of industrial/commercial power tools and industrial robots with 5 manufacturing and 17 sales and
technical service facilities throughout Europe.
1980 – 1990
PRODUCT MANAGER / FINANCIAL MANAGER
GM role holding full P&L responsibility over all product lines and management control over all production, sales,
and marketing. Credited with streamlining production, eliminating a negative cash flow, opening lucrative new
markets across Europe, and boosting total sales by over 375%.
 Increased sales from $61 million to $289 million
 Grew profits from $0 to over $22 million
CANON – OFFICE EQUIPMENT (Europe)
Manufacturer and Distributor of Office Equipment
1974 – 1980
CONTROLLER
Member of the management team that grew the European subsidiary from $31 million to over $330 million in 6 years
P ROFESSIONAL AFFILIATIONS
National Association of Corporate Directors – Certified Board Director
Turnaround Management Association
Association of Corporate Growth
Association of Certified Fraud Examiners
1995 – Present
2001 – Present
2005 – Present
2005 – Present
E DUCATION + C ERTIFICATIONS
MS, Engineering Management
MBA, Business Management
BA, Accounting & Finance
Certified Board Director
Certified Turnaround Professional (CTP)
Certified Fraud Examiner (CFE)
Controller Certificate (CMA Equivalent)
Drexel University, Philadelphia, PA
Marquette University, Milwaukee, WI
Elmhurst College, Elmhurst, IL
National Association of Corporate Directors, Washington, DC
Turnaround Management Association, Chicago, IL
Association of Certified Fraud Examiners, Austin, TX
Controller’s Academy, Germany
Houston, Texas  Phone: 832.372.5419  ErichStolz@aol.com
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