Howard Brownstein
Mr. Brownstein recently served as Chief Restructuring Officer in U.S. Mortgage which involved a $138 million mortgage fraud, and led the Plan Administrator team in Montgomery Ward LLC, the largest retail liquidation in history. He serves on the Board and Audit Committee of P&F Industries (Nasdaq: PFIN), a publicly-held manufacturer and importer of air-powered tools and various residential hardware, and served on the Board of Betsey Johnson LLC, a well-known privately-held designer and retailer of women’s apparel through 70 stores and outlets, with equity sponsor Castanea Partners. He previously served on the Board of Directors of Special Metals Corporation, a $1 billion nickel alloy producer, where he also chaired the Audit Committee and which was sold in 2006 at a substantial gain, and on the Board and Audit Committee of Magnatrax Corporation, a $500 million manufacturer of metal buildings, which was similarly sold in 2007.
SESSIONS
This session will address the special issues with being a Private Equity board member.
Takeaways:
- How to add value, and manage investor expectations.
- How to represent management interests
- Where to find PE board seats.