Experience

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  Bain & Company

  • Dallas/Fort Worth Area

  • Partner

    • 1997 - Present
    • Dallas/Fort Worth Area

    Rejoined this premier strategy-consulting firm as a senior director with continued focus on turn around management and airline strategy. Named worldwide head of change management and aerospace practice areas. Responsible for many client engagements resulting in dramatic, sustained increases in shareholder value of 50 – 100% per year. Elected to the Nominating Committee of the partnership. Currently serving as the chairman of the Nominating Committee and as the Chairman of the General Partnership of the firm

• 

  American Trans Air

  • President and Chief Executive Officer

    • 1996 - 1997

    Served as CEO of this 800 million publicly traded charter and scheduled service airline. Upon my arrival the company was threatened with bankruptcy. In spite of significant constraints imposed by the board, company was dramatically turned around by:• cutting scheduled service departures by 50%• rerouting remaining scheduled service routes to attractive markets• eliminating high cost, complexity creating aircraft • reengineering remaining operations to reduce headcount by 20%• simultaneously doubling attractive military and around the world luxury chartersWithin nine months annualized profits rose from a 100 million loss to a 25 million profit, cash balances increased from 20 to 90 million, and share price improved 60 percent

• 

  Bain & Company

  • Dallas/Fort Worth Area

  • Senior Partner and Director

    • 1978 - 1996
    • Dallas/Fort Worth Area

    Contributed sequentially as consultant, manager, partner, and director of this premier strategy-consulting firm. Promoted to full partner in five years. Elected as a member of the partnership's nominating and compensation committees. Served last five years as chairman of the compensation committee assessing and setting partner compensation worldwide. Consistently managed among the firm's largest and highest impact client relationships. Developed areas of expertise in turnaround management and strategy for semiconductor, defense, and airline business sectors. Developed long-lasting strategic partnerships with the CEO's and Boards of many companies including General Dynamics and Continental Airlines. These relationships were associated with 10 fold increases in share price/value over a period of 3 to 4 years.

• 

  The Church of Jesus Christ of Latter-day Saints

  • Assistant to Mission President

    • 1972 - 1974

    Served as a missionary in Uruguay and Paraguay. Was ultimately given the most senior administrative responsibility in the mission as Assistant to the Mission President with responsibility for over 200 missionaries in both countries