Jim McCarthy is a Director and Strategic Partner with Kugman Partners with over 25 years of experience in financial and operational management and consulting, both domestically and internationally. He has served in a variety of corporate positions, and has extensive knowledge and experience in manufacturing design and process. Over the course of his career, Jim has concentrated his practice in project management, financial analysis, strategic planning, and organizational change management.
Most recently, Jim was Chief Operating Officer for one of the largest manufacturer of compact fluorescent and specialty ballasts in the U.S. He has performed financial and operational consulting services, concentrating in corporate turnarounds and successfully developing and implementing turnaround strategies for companies in stressed and distressed situations. Jim acted as advisor and has been appointed Chief Restructuring Officer to various clients in the manufacturing industry, including manufacturers of high performance connectors, specialty paper products, and others. He has managed complex bankruptcy matters and associated sales of underperforming and distressed assets in and out of court. In addition, Jim was principal of Bourton Group, a manufacturing consulting firm with international affiliations. His responsibilities included development of project strategy for manufacturing companies with facilities worldwide. Jim was also a Senior executive with Olektron, a division of Crane, which manufactures RF components for the defense industry. He has managed liquidations, workouts, and sales of companies from 20 million to 300 million in revenues, including various Code sales and Assignments for the Benefit of Creditors.
Prior to consulting, Jim spent 15 years with Honeywell serving in various line management capacities including Manufacturing Engineering Manager for solid-state automation controls. As Product/Marketing Manager, he was responsible for all sensors and controls providing automation to the auto industry, other industrial applications, and military and aerospace accounts. As Area Sales Manager, Jim was responsible for two sales offices (Boston and Rochester, NY) covering all of New England and Upper New York State, 25 distributors, 10 salespeople, and two application specialists, serving the industrial, military, aerospace, and transportation markets with all mechanical switches and solid-state controls.
Jim has a Bachelor of Science Degree in Electrical Engineering from Northeastern University in Boston, and a Masters Degree in Business Administration-Executive Program from Northern Illinois University. He has also completed development programs in integrated manufacturing, organizational development and change, and product planning and evaluation.
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