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Kurt S. Knipp is a Partner with Lake Pointe. He has over 25 years of professional experience with specialization in corporate renewal advisory and interim management. Currently, Mr. Knipp is the interim Executive Vice President Sales and Marketing of a $300 million revenue petroleum products distributor. Recently, he assisted a $60 million revenue furniture manufacturing client with transitioning all US operations to China. Prior to that, Mr. Knipp was the Interim Vice President of Sales & Marketing of a $400 million revenue wholesale electrical distributor.
In addition to Mr. Knipp’s turnaround consulting experience, he has also served in general management consulting and held senior management positions. Mr. Knipp has extensive experience in manufacturing, distribution, electronic point-of-sale services and e-commerce industries. He has led several international assignments in North America, Europe and Asia. Before joining Lake Pointe, Mr. Knipp was a Director at BBK, Ltd., a national turnaround consulting firm. During this time, he served such clients as General Motors, Delphi, DaimlerChrysler and Toyota with their troubled supplier issues.
As Executive Vice President of National Processing Company, Mr. Knipp led the turnaround of the primary operating unit (merchant credit and debit card processing) of a financial services company, participating on an executive management team that completed a successful initial public offering (IPO), raising $115 million. He has personally assisted with the management of high-profile customers including Wal-Mart, K-Mart, Target Stores, Walgreens, The Limited, Microsoft, Mobile Oil, Delta Air Lines, Continental Air Lines and Royal Caribbean Cruise Lines.
As Senior Vice President Finance of Nabanco (acquired by First Data Corporation) Mr. Knipp’s responsibilities included accounting, finance and cash management functions, in addition to the acquisition and integration of merchant credit and debit card portfolios. While in a consulting capacity, Mr. Knipp performed a viability study for Nationwide Money, a 1500-client ATM deployment and service provider.
Mr. Knipp began his career at Continental Bank Illinois with assignments in systems development and corporate banking. At Wachovia Bank he was a Senior Vice President, Credit Manager of Georgia asset-based lending. Mr. Knipp received his BS degree with a double major in Finance and Computer Science from Northern Illinois University and completed graduate work in Computer Science. Mr. Knipp is also a Certified Turnaround Professional (CTP).
Mr. Knipp has served on the boards of the Electronic Transactions Association and the International Operations Committee of MasterCard International. He is a member of the Turnaround Management Association, the Association of Corporate Growth and also currently serves on the Advisory Board of the Chicago House of Blues. | 