CHICAGO--(EON: Enhanced Online News)--Wynnchurch Capital, a middle-market, private equity investment firm, is pleased to announce that Dr. Tom Malone has joined its Executive Advisory Board. Malone joins Wynnchurch after leading Milliken & Company (“Milliken”), one of the largest, privately owned textile manufacturers in the United States.
“Milliken is widely known as one of America’s best-managed companies, largely driven by Tom, who was at the forefront of developing quality improvement processes in manufacturing”
Malone, who has a doctorate in chemical engineering, began his 40-year stint with Milliken by starting its Fundamental Engineering Department. Seventeen years later, in 1983, he was named president and chief operating officer, and in 2002, he was promoted to executive vice chairman. He retired in 2005. Under Malone’s leadership, Milliken received the Malcolm Baldrige National Quality Award.
A recipient of many honors and prestigious awards, Malone has been a member of and held leadership positions with numerous business and industry associations, advisory committees and boards. He regularly delivers speeches across the country and his achievements have driven major corporations and organizations to seek out his expertise.
“Milliken is widely known as one of America’s best-managed companies, largely driven by Tom, who was at the forefront of developing quality improvement processes in manufacturing,” notes John Hatherly, founding partner of Wynnchurch. “Tom’s personal leadership style and hands-on commitment in pursuing excellence throughout all levels of an organization align with the core values and culture of Wynnchurch. We look forward to his input and expertise to help us drive continuous improvement of our value creation capabilities.”
Established earlier this year, the Executive Advisory Board has become a cornerstone of Wynnchurch’s value creation model by actively connecting influential business leaders with portfolio company leadership for expertise in targeted industries, geographic markets and business disciplines. Wynnchurch was recently ranked by Preqin as being one of the most consistent performers in private equity.
About Wynnchurch Capital:
Wynnchurch Capital was founded in 1999 and is a leading middle-market private equity investment firm that has been recognized for delivering consistent, top quartile returns. Wynnchurch's record of increasing company value comes through its unique value creation model and a proven set of professional principles that enables portfolio companies, and the people in them, to continually improve and grow. Wynnchurch Capital manages a number of private equity funds with capital under management in excess of $1 billion, specializing in management buyouts, recapitalizations, corporate carve-outs, restructurings and growth capital. More information about Wynnchurch Capital can be found at www.wynnchurch.com.