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38 years of proven management and leadership experience comprising 22+ years in a multinational corporate environment and 16 years of independent portfolio experience.Now an Independent Director, NED and Chairman for privately owned, PE backed companies and banks either where there have been serious performance issues, requiring transformational support or where there is a high potential growth opportunity. Roles have been wide and varied, from short advisory, where stakeholders needed a qualified view of issues, to post this stage where a more hands on approach is required to support the executive management as the business transitions through these changes.Sector agnostic with provable experience in: software, automotive, high technology engineering & manufacturing, FMCG, consumer, leisure, retail, chemical, pharmaceutical, construction, education and training. This breadth of sector experience has proved that many issues faced are remarkably similar in nature, despite the perception that each sector is unique.Initial career and experience in large corporate environments in the Semiconductor, Telecoms, Automotive and Electronic Contract Manufacturing (EMS) sectors. Substantial global experience working in the USA, Canada, Asia & Europe and nearly 10 years of cross border, complex, multi sited M&A (buy and sell) and post M&A integration experience in the Americas, Europe and Asia, including China and Japan.Active member of the Institute For Turnaround (The IFT): NED on the main board and Fellow of the IFT (FIFT).
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Managing DirectorAck Management LimitedDerby, Gb -
Chairman Of The BoardDatum Alloys Group Ltd May 2019 - PresentDevon, EnglandMBO of a high tech material supply business to the Semiconductor, Telecom & EMS business on a global basis. Growth investment under PE Ownership. Business locations in UK, the US and Singapore.
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Managing DirectorAck Management Limited May 2004 - PresentIndependent Executive, transforming underperforming businesses to restore shareholder value.Assignments have ranged from £2m to £200m turnover with single / multiple banks or PE backed, private, family or public businesses in the UK, Europe, the US and Asia. Active member of the Institute for Turnaround (THE IFT). Appointed a Fellow of the IFT (FIFT) in December 2016. Member of the IFT main board (elected September 2016). Member of the Midlands IFT committee and of the National… Show more Independent Executive, transforming underperforming businesses to restore shareholder value.Assignments have ranged from £2m to £200m turnover with single / multiple banks or PE backed, private, family or public businesses in the UK, Europe, the US and Asia. Active member of the Institute for Turnaround (THE IFT). Appointed a Fellow of the IFT (FIFT) in December 2016. Member of the IFT main board (elected September 2016). Member of the Midlands IFT committee and of the National Fellows Committee. Show less -
Chief Restructuring Officer (Cro)Witheld (Private Family Owned) Jan 2022 - Mar 2023Birmingham, England, United KingdomThe business is the UK’s largest eCommerce supplier of spares, services and finished goods to the white goods sector with revenues of c £110m; 15% of the business also international. Substantial restructuring but eventually, with all stakeholder consent, sold the business to a large PLC trade buyer, thereby saving 400+ jobs and providing the business with a viable future.
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Non Executive DirectorThe Ift Sep 2016 - Sep 2022 -
Cro / Transformation OfficerWitheld: Pe Owned Engineering Group Dec 2021 - Jun 20222 Sites In England, 2 In ScotlandCompleted and then implemented options review for PE owner of 4 large divisional sites, 2 based in England and 2 in Scotland. Suppliers to rail, O&G and offshore wind sectors. Closed 1 site in England and restructured the others. Recommended new divisional MD. The restructuring doubled the value of the wider Group.
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Transformation DirectorWitheld: Engineering Division For Large Uk Plc Feb 2022 - May 2022Aberdeen, Scotland, United KingdomRecommended by a PE house to the CEO of a UK listed Plc to conduct an options review of a non core manufacturing division based in Aberdeen, in the Oil & Gas sector. Provided 4 Options to the Plc board. Primary option implemented.
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Investigating OfficerCompany Name (Withheld) Jul 2021 - Sep 2021Scotland, United KingdomUnusual assignment. Appointed by the Chairman to investigate a serious of allegations against the MD of the Group’s second largest business. Investigation conducted, with legal counsel oversight. Recommendations fully implemented -
Non Exec Chairman And DirectorQpc Holdings Ltd Mar 2019 - Jun 2020MidlandsUK based Value Added Reseller (VAR) software development and installation business. Business in the UK, US and Australia. PE Ownership model. Business now operationally, commercially and strategically focused and on a sound financial footing that underpinned a very successful refinancing. This replaced a long standing financial institution with a more tailored funding structure better suited to the longer term strategic needs of the business.
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Non Executive ChairmanDevelop Training Ltd May 2014 - Sep 2019Derby, United KingdomThe UK’s leading provider of compliance based training solutions for the Utilities and Facilities Management Sectors in the areas of Water, Gas, Electricity, Communications and Infrastructure. The business successfully sold to a UK based trade buyer. -
Transformation DirectorCompany Name Withheld Feb 2018 - Nov 2018UK division of an Aluminum smelting business, one of France’s largest privately held engineering and material handling companies with an overall group turnover of c€2b+. Supporting the UK board as they undertake a substantial realignment both internally and externally of their positional offering to customers based in the UK, Europe, the Middle East and the US. Recommendations implemented.
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Turnaround DirectorIndependent Private School Sep 2013 - Feb 2018Highly successful transformation of a private school that was in Business Support of its bank. Worked closely with the Head, Bursar and Governing body to realign the school finances; C45% increase in pupil numbers; capital project completed that made a considerable impact on the infrastructure of the school. The school no longer in the banks ‘business support division’.
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CeoBusiness Name Witheld Aug 2016 - Dec 2017One of the UK’s largest Independent snack food manufacturers based in the Midlands. Appointed by the debt arm of one of the UK’s most prominent PE houses. A substantial transformation completed. The board was strengthened; the business is commercially, operationally, financially and strategically in excellent condition and was sufficiently attractive to be the subject of a highly successful trade sale, completed in late December 2017, to a UK based private label snack food group. The PE / Debt… Show more One of the UK’s largest Independent snack food manufacturers based in the Midlands. Appointed by the debt arm of one of the UK’s most prominent PE houses. A substantial transformation completed. The board was strengthened; the business is commercially, operationally, financially and strategically in excellent condition and was sufficiently attractive to be the subject of a highly successful trade sale, completed in late December 2017, to a UK based private label snack food group. The PE / Debt provider is extremely happy with the outcome. Show less
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Non Executive DirectorPse Ltd May 2010 - Mar 2014UK based engineering Group that designs and manufactures public safety equipment in the UK, USA, Australia and China supplying the Police, Fire, Ambulance and Construction sectors. A highly successful transformation concluded with a strategic trade sale to a US buyer where the business returned circa $240m+ debt financing and equity to the 24 banks and other institutional stakeholders.
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Transformation DirectorGerman Building Products Manufacturer. Jul 2013 - Dec 2013Uk And GermanyAppointed by the supervisory board of heavily loss-making UK subsidiary. Recommendations fully implemented.
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Transformation Director And CroPrivate Family Branded Retail Business. Nov 2011 - Aug 2012£14m re-banking to a US based ABL to give greater flexibility when restructuring the business in the UK and the Irish subsidiary. Appointed new Chairman, MD and COO.
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CroFamily Owned Leisure Bowling Franchise Apr 2011 - Jul 2011Substantial financial debt / equity refinancing and board restructuring for UK ‘Big 4’ Bank.
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AdvisorHigh Technology Semiconductor Business In ‘Early Stage’ With Pe Fund. Nov 2010 - May 2011
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Cro / Turnaround DirectorPan European Manufacturing Conglomerate. Apr 2010 - Jul 2010£70m+ conglomerate of UK & European manufacturing businesses, owned by a Middle East Sovereign Wealth Fund. Group wide review completed with options presented on trading situations, substantial group pension deficit, serious dilapidations costs, inter-company indebtedness and either investment / break up.
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Director And AdvisorFamily Specialist Cheese Producer. Apr 2009 - May 2010Advisory work for a family owned UK based leading specialist cheese producer after the acquisition of a similar product maker based in South Africa. Implemented turnaround and cash recovery plan with owners to restore business solvency.
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AdvisorRuggedised Secured Pc Computer Manufacturer And Contract Manufacturing. Feb 2010 - Mar 2010Provided strategic options for the PE owner for both growth and / or exit of a portfolio business that designed and manufactured secure PC’s for the Police, Fire and Ambulance services in the UK and Middle East. Businesses subsequently sold.
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AdvisorGermany’S Largest Ceramic Tile Producer May 2009 - Jul 2009GermanyGermany’s largest ceramic tile producer (5 factories in Europe and circa €200m) where the two main debt providers (UK bank and US Hedge fund) needed strategic options to underpin future investment or divestment.
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Cro And ChairmanLeading Uk Capital Equipment Manufacturer. Jan 2008 - May 2009PE backed MBO that manufactures capital equipment for the Food, Chemical and Pharmaceutical sector. Introduced to the company by the PE owners after several cash calls by the then management team. Post restructuring the business and substantial work in the manufacturing operations a 9% loss was transformed into a 5% profit on flat sales.
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AdvisorComposite Materials Manufacturer To The Aerospace Industry. Feb 2009 - Apr 2009
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Turnaround Director And CeoHigh Tech Capital Equipment Company Jul 2005 - Sep 2007University spin out of high-powered pulsed lasers backed by 5 VC’s with revenue, cost and cash issues. Customer base in Asia. In 2007 sales grew 400% to break even; it was ranked the 3rd fastest growing VC backed company in the UK by the FT and entered ‘The Sunday Times Tech Track 100’ at no 21. The following year it was awarded a Queens Award for Export.
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The Vice President Corporate Development, M&A And Post M&A IntegrationCelestica 2000 - May 2004Toronto, Canada Area -
Group Commercial DirectorPressac Communications Ltd 1995 - 2000 -
European Memory And Distribution MgrMotorola Solutions 1989 - 1995 -
Global Ecl Semi-Custom Business ManagerPlessey Semiconductors Ltd 1985 - 1989 -
EngineerTexas Instruments 1982 - 1985
Tony King Skills
Tony King Education Details
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Lanchester Polytechnic
Frequently Asked Questions about Tony King
What company does Tony King work for?
Tony King works for Ack Management Limited
What is Tony King's role at the current company?
Tony King's current role is Managing Director.
What is Tony King's email address?
Tony King's email address is an****@****net.com
What schools did Tony King attend?
Tony King attended University Of Warwick - Warwick Business School, Lanchester Polytechnic.
What skills is Tony King known for?
Tony King has skills like Restructuring, Change Management, Mergers And Acquisitions, Business Strategy, Business Transformation, Strategy, Business Planning, Management, Management Consulting, Acquisition Integration, Business Process Improvement, Turn Around Management.
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