Bio
Experience
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Stanley J. Paine Auctioneers
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Newton, MA
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President
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1990 - Present
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Newton, MA
Stanley J. Paine Auctioneers is a leading Massachusetts-based, full-service auction company, with offices in Boston and Los Angeles, specializing in the sale of residential and commercial properties. Services include commercial asset liquidations, business liquidations, UCC and secured party sales, inventory reductions, remarketing, real estate foreclosures, personal property appraisals, and benefit and fundraising auctions.• Market and sell real and personal property at public auction, throughout New England for banks, mortgage companies, attorneys, corporations, condominium associations, insurance carriers, trusts, courts, local city and town governments, state and federal agencies and individuals.• Work effectively with heirs, executors, owners and/or administrators to maximize revenue.• Expedite property conveyance and complete final accounting.• Conduct thousands of auctions totaling in the billions. • Oversee day-to-day operations, ensuring properties moves efficiently from evaluation and contracting to marketing, sale, closing, and disbursement of funds. • Oversee system upgrades, moving operations online allowing early bidding and simulcast bidding to be made from anywhere in the world. www.paineauctioneers.com
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Owner
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1986 - 1990
Took over 38-year old business wholesaling various industrial supplies, including cutting tools, abrasives, and machine shop tools for metal working industry.• Managed entire operations including P&L, sales, purchasing, inventory, billing and payroll.• Landed 15 new accounts in 1st year.• Computerized billing, purchasing, general ledger and inventory.• Increased profits by 5% in one year.• Sold business for a profit.
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Marketing Manager
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1985 - 1987
Boston Gear is a leading global supplier of quality power transmission products to most major industrial markets including, but not limited to, food processing, packaging machinery, material handling and most others.• Responsible for all sales, marketing of $80 million sales division.• Restructured 2 sales and marketing departments into 1 unit, saving $400,000• Directed and managed staff of 40, including product marketing, strategic planning, new product introduction and sales.• Increased ales 4% in single year.• Prepared and oversaw $3 million annual budget.
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SALES/MARKETING MANAGER
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1982 - 1985
SKF is a leading worldwide manufacturer and supplier of ball and roller bearings, linear motion products, precision bearings, spindles and seals.• Revitalized ailing account (GE) by negotiating new and better settlement; penetrate large accounts such as Garrett, Hughes Helicopter, Sikorsky.• Increased sales from $23-$30 million; forecast it within 5%.• Expanded traditionally weak area, increasing revenue from $2-$8 million.
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ENGINE DEVELOPMENT ENGINEER / FIELD SERVICE AND PRODUCT SUPPORT ENGINEER / PROGRAM SUPPORT MANAGER
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1973 - 1982
Employed in increasingly more responsible roles in Aircraft Engine Group
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Education
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1970 - 1972Embry-Riddle Aeronautical University
Bachelor of Science in Aeronautical Engineering
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