Dean Vomero
Founding Member and Managing Director
Mr. Vomero has over thirty years of Executive Management, Financial Advisory, Forecasting, Strategy and Business Valuation experience. His experience spans several industries including consumer products, food and beverage, financial services, automotive, retail, metals, energy, and general manufacturing.
Engaged or admitted as an expert witness in: (i) Tower Automotive (U.S. District Court Southern District of New York) – business plan feasibility, (ii) Lexington Precision (U.S. District Court Southern District of New York) – business plan feasibility and valuation, (iii) InaCom (Delaware U.S. District Court) – solvency, (iv) The Financial Guarantee Insurance Company (Delaware Court of Chancery) – valuation expert in a $0.3 billion shareholder dispute, (v) Calpine (U.S District Court Southern District of New York) – led a team serving as a Rule 706 Expert for U.S. Bankruptcy Judge Lifland in a $10 billion valuation dispute, (vi) MagnaChip Semiconductor (Delaware U.S. Bankruptcy Court) – business valuation and forecasts supporting the creditor’s successful termination of exclusivity, and confirmation of its reorganization plan. He prepared expert reports in the following matters: Enron Corporation (restructuring practices), Collins and Aikman (valuation), United and Northwest Airlines (business plan feasibility), among other matters.
Served as an interim executive officer or strategic advisor for: Commercial Vehicle Group Inc. (Chief Strategy and Acquisition Officer) where Mr. Vomero helped direct the corporate strategy and evaluate over 100 potential acquisitions in 10 countries. Mr. Vomero determined investment options, set and executed corporate strategy, or managed the sale of operating assets for: Three Five Systems (Chief Financial Officer), Coyne Textile Services (Chief Restructuring Officer), Annie’s Homegrown (Chief Financial and Operating Officer), Parts Depot (Chief Restructuring Officer), Epic Resorts (Chief Financial Officer), and Bliss Technologies (Vice President of Strategy). Mr. Vomero has served as the Chief Restructuring Officer for a large regional bakery and a large North American aluminum company. Mr. Vomero served as financial advisor to the Special Committee of the Board of Directors of Metaldyne Corporation; evaluated The Detroit Steel Company’s $500 million capital expansion plans; and has advised numerous smaller companies in developing strategy or strategic initiatives. He served as financial advisor and creditor trustee for Agent Provocateur, Inc.
Led forensic and valuation matters. Mr. Vomero prepared several expert reports most notable of which are: (i) the United States Steel Corporation in an adversary proceeding concerning long-term expected economic, industry and company conditions surrounding the completion of a large transaction. He evaluated historical financial and (ii) valuation results for the International Textile Group (a WL Ross & Co. investment) as part of defending a minority shareholder action. He has also served trustees and examiners in investigating financial and management conflicts.
He was employed by the consulting arms of Ernst & Young and PricewaterhouseCoopers, where he advised large companies in performance improvement and strategic issues. Mr. Vomero began his career as a staff auditor at Ernst & Young.
Mr. Vomero is a graduate of John Carroll University (Bachelor of Science in Business Administration in Accounting, 1989) and a Certified Public Accountant (inactive status) and Certified Professional Forecaster. He has lectured on turnaround and restructuring topics and has authored two articles, “Managing Foreign Employees in Distressed Situations” Journal of Corporate Renewal (August 2006) and “How Do You Predict the Financial Future of a Distressed Company” American Bankruptcy Journal (December/January 2009).