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David T. Allen ("Dave") is a managing partner with Lake Pointe Partners, LLC ("Lake Pointe") and has over 20 years of experience in working with financially distressed and underperforming companies, in both advisory and interim management roles. Industries served include manufacturing, wholesale distribution, retail, services and construction.
In the consumer products industry specifically, he has served in both advisory and interim management roles with consumer products companies with annual revenues of $450 million to $1.5 billion, including House of Fabrics (NYSE listed), Beaulieu Group, LLC and Central Hardware. Prior experience includes management positions with the consumer products giants Sara Lee Corp. and Campbell Soup, as well as Dynascan Corporation.
Prior to joining Lake Pointe, Mr. Allen was a partner at two nationally recognized turnaround management firms, Allomet Partners, Ltd. and Buccino & Associates, Inc. During this time, Mr. Allen worked on over 100 turnaround and restructuring engagements and has led negotiations with secured lenders, management, creditors, and potential new investors. He has experience in Chapter 11 proceedings, including pre- and post-bankruptcy situations, restructurings and exit strategy evaluations.
Mr. Allen began his career in the tax department of Arthur Andersen & Co. He was Director of Corporate Planning at Sara Lee Corp., and then CFO of one of its divisions. Additionally, he worked in the venture capital industry for Heizer Corporation. Then, as Vice President-Controller for Campbell Soup, he directed the staff of 135 people in planning, forecasting, and monitoring the performance of over 50 business units in 15 domestic and international operating divisions. As Vice President and CFO for Dynascan Corporation, he was a member of the management team that turned the company around and restructured its operations.
Mr. Allen has a BS degree in Accounting and an MBA degree from Indiana University. He has been an active member of the Turnaround Management Association and a past President of the Association of Certified Turnaround Professionals (ACTP) on whose Board he served for several years. He has been President and Director of the Indiana University Business School Alumni Association. In addition, he has served on the Board of Directors, and the Advisory Board for several privately held companies. Presently, he is Trustee for the Village of Burr Ridge, Il. | 