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Murray R. Lessinger
Mr. Newman has over fifteen years experience in the plastic injection-molding industry. As plant controller of two separate divisions of Amerace Corporation he was responsible for all financial functions and departmental cost controls. As CFO of Premium Plastics, Inc. he led the restructuring effort that created more than $2 million in positive EBITDA. Other experiences in the injection molding industry include Stepco Corporation and Engineered Specialty Plastics, Inc. Additionally, Mr. Newman has experience with initiating and implementing a company-wide system change to an integrated ERP computer system. He established and implemented general business and financial strategies, department control and standards. He has directed all accounting disciplines, including general ledger, cost accounting, accounts receivable/payables, payroll, tax activity, and various bank functions. Mr. Newman monitored MRP planning, inventory, purchasing, and customer backlog efforts. Mr. Newman found success utilizing Total Quality Management in areas of supervision, relationships with internal and external customers, and business procedures and processes. He maintained the integrity of all the financial records and integrated reporting systems and performed treasury functions to include cash management, securing operating funds, and investment of surplus business funds. He provided consultation to company presidents regarding business matters and control of organization. Mr. Newman received his B.S. in Accounting from Walton School of Commerce. |
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White Oak Group Adds Investment Banking Partner See All News |
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