Expert Details
Steel Industry & Business Consultant: Expert Witness, Corporate Restructuring, Buyouts, Feasibility Studies, and Due Diligence
ID: 740322
New York, USA
Expert was appointed Chief Restructuring Officer for J&L Structural during its Chapter 11 bankruptcy proceedings, overseeing a comprehensive restructuring. He also served as a financial analyst and business consultant to the United Steelworkers (USW), focusing on operational improvements, market studies, restructuring efforts, mergers and acquisitions, and labor-management improvement programs for U.S. and Canadian steel companies. His expertise was instrumental in Stelco’s restructuring efforts and contract negotiations in Canada and in analyzing Warren Consolidated Industries' business plan and restructuring strategy in collaboration with the USW.
A prominent steel industry analyst, Expert published and edited a newsletter focused on the steel industry for over 30 years. The newsletter is a widely respected resource among management and financial professionals. He has also presented at high-profile industry events, including a panel on "Union Management Cooperation in the 21st Century" at the annual steel conference sponsored by World Steel Dynamics and American Metal Market.
Expert has held significant roles on the boards of directors for organizations such as Special Metals, where he guided the company through its restructuring and sale, and Pittsburgh Forgings. His expertise extends internationally; he advised the Liberian government in its iron ore negotiations with ArcelorMittal Steel, achieving a $100 million improvement in contract value. He also prepared sale offering memorandums for companies such as Massillon Steel and GalvPro, working closely with unions, management, and government officials to ensure successful transactions.
In addition to his restructuring work, Expert has provided expert advice to stakeholders in complex situations, including the sale of Weirton Steel by Mittal Steel and the liquidation of Gulf States Steel. He has conducted studies on major industry trends, such as a detailed analysis of the global metallurgical coal market for a leading producer. His evaluations of operational challenges, such as those at Lasco Steel in Canada, have resulted in actionable recommendations for improvement supported by management.
Beyond his consulting work, Expert has conducted over 100 joint labor-management seminars at steel plants across North America, strengthening collaboration between stakeholders. He has made influential presentations to organizations including the U.S. International Trade Commission, the Canadian Steel and Employment Congress, and the United Auto Workers.
Expert holds a Bachelor of Arts degree in history from Earlham College and a Master of Arts degree in sociology from the University of Michigan. He has also taught economics and social science at Brooklyn College. A founder, director, and former chairman of the New York Industrial Retention Network (NYIRN), Expert continues to contribute to the advancement of the steel industry and labor-management relations.
Education
Year | Degree | Subject | Institution |
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Year: 1966 | Degree: MA | Subject: Sociology | Institution: University of Michigan |
Year: 1964 | Degree: History | Subject: BA | Institution: Earlham College |
Work History
Years | Employer | Title | Department |
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Years: 1981 to Present | Employer: Undisclosed | Title: Founder & President | Department: |
Responsibilities:Founder and President of a New York City-based business consulting firm that specializes in helping clients deal with corporate restructuring, buyouts, feasibility studies, business planning, performing due diligence, as well as serving as an expert witness in steel-related court cases and in arbitration proceedings. |
Career Accomplishments
Professional Appointments |
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Expert has acted as an Advisor and served on several boards for multiple companies. |
Publications and Patents Summary |
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Expert has published and edited a monthly newsletter on the steel industry for almost 40 years. He has also made major presentations to the Institute of Scrap Recycling Industries, the United Steelworkers, the Canadian Steel & Employment Congress, United Auto Workers, the U.S. International Trade Commission, the American Association of University Professors, World Steel Dynamics Steel Survival Conference and financial analysts in the United States and Germany. |
Additional Experience
Expert Witness Experience |
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Expert has worked on several cases, including: • Expert witness for a U.S. steel producer in a recent arbitration case • Expert witness and advisor to Wheeling Pittsburgh Steel on world steel prices and production costs for its trade case against Japanese and Russian steel firms • Expert witness for a potential buyer of Gulf States Steel during liquidation process |
Training / Seminars |
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He has conducted over 100 join labor-management seminars at steel plants throughout North America. He has also taught economics and social science at Brooklyn College. |