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January 2013 -Terry Phinney joins Blackstone Management & Consulting

Type: News | Author: Joe Deliso
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We are very pleased to announce the arrival of Terry Phinney to the senior advisory group of Blackstone Management & Consulting.

Terry began his career as a strategic planner, acquisition and divestiture specialist for The Bankers Trust Company in New York, and transitioned into general business consulting providing restructuring and client operational improvement service to a variety of Fortune 500 companies.  

During his years with Hewitt Associates of New York, Terry advised clients on assessing, leveraging and rewarding their human capital. At CSC Index, he led cross functional, reengineering teams and was accountable for achieving significant operational and productivity results with his clients.

 Benjamin Moore and Company, an $800 Million, family owned paint manufacturing client, engaged Terry as a senior change agent and interim Vice President of Human Resources to revitalize its business and address family succession issues. Terry’s leadership and restructuring guidance was an integral part of this company’s successful $1 Billion sale to Berkshire Hathaway.

 

Hollingsworth and Vose, a $400 Million manufacturing client producing technical filter, specialty papers, and nonwovens engaged Terry to assess and redesign its customer facing processes. As the Customer Focus Leader and CIO, Terry improved the “end to end” supply chain and implemented a new technology platform enabling the company to compete more effectively on a global basis. 

 

In the technology sector, Terry was recently engaged to revitalize a $20 Million systems consulting firm. Terry’s tough but fair approach as Acting COO, allowed the company to survive and grow in the recent downdraft that collapsed many of the firm’s competitors.

 

 Terry’s work has ranged from short term turn-a-rounds to constructing strategic platforms for long term growth and profitability. He is especially skilled in family business dynamics, succession planning, and facilitating profitable exits.

 

 Terry holds an AB from Harvard College and an MBA from Columbia University’s Graduate School of Business Administration. He serves on the advisory boards of several family owned firms and is active in the Family Firm Institute and the Exit Planning Exchange.