Tim Shanahan, Director

Tim Shanahan has held a number of executive leadership roles, including Vice President, Strategic Planning and Business Development at Mattel Inc., where he was responsible for strategic planning for the $1.2 billion Boys and Entertainment Division. While at Mattel, he also managed several departments concurrently, including Business Development, Web Development, Channel Marketing, Premiums, and had P&L responsibility for the $10 million Boys Toys Direct Marketing business. Mr. Shanahan also has extensive automotive experience with Ford Motor Company. Mr. Shanahan is well known for his leadership roles in strategy formation and implementation, founded on his exceptional analytics skills.

Key engagements include:

  • Served as interim CFO of a multi-channel, international, consumer products company in the toy and hobby industry. Provided financial leadership during a critical bankruptcy period. Developed a dynamic, consolidating financial model for nine divisions with $250 million in revenue and debt denominated in multiple currencies, applying both IFRS and GAAP standards. Supported the due diligence process for a quality of earnings analysis and multiple concurrent sale transactions.
  • Retained by the board of directors of a gift food manufacturer and marketer to recommend and implement restructuring and/or sale strategies. Identified and implemented specific opportunities to preserve cash, including elimination of unprofitable business segments. Drafted an offering memorandum, implemented a marketing campaign and consummated the sale of this $40 million company to a private equity fund, which used the established turnaround plan to secure financing.
  • Partnered with a boutique-consulting firm to serve as turnaround advisor to a $100 million manufacturer of powerboats. Developed an economic model for the business and a strategy to generate cash through limited production while marketing the business as a going concern. Successfully implemented the operating strategy and mentored finance staff in the generation of 13-week cash flow reporting and vendor management.
  • Served as interim CFO for a distressed staffing company with 400,000 associates, generating over $300 million in revenue. The analytics and resulting cash flow model renewed credibility with a fatigued lender, and was instrumental in securing a forbearance agreement. Also, developed a flow of funds model demonstrating how a sale transaction could be structured to satisfy the conflicting requirements of all stakeholders. The resulting transaction earned the Global M&A Network 2013 Restructuring of the Year award for small markets.

Mr. Shanahan is a member of the Commercial Finance Association (CFA), the Turnaround Management Association (TMA), and the Association for Corporate Growth (ACG).

Contact Information

E-mail: tim.shanahan@cr3partners.com
Phone: +1 (847) 508-9775
LinkedIn | VCard


Industries

  • Automotive
  • Manufacturing
  • Commercial Services
  • Technology
  • Food Production & Processing
  • Staffing
  • Consumer Products
  • Restaurant & Food Service
  • Energy

Education

B.S., University of Michigan

M.B.A., University of Michigan

Tim Shanahan, Director

Contact Information

E-mail: tim.shanahan@cr3partners.com
Phone: +1 (847) 508-9775
LinkedIn | VCard


Industries

  • Automotive
  • Manufacturing
  • Commercial Services
  • Technology
  • Food Production & Processing
  • Staffing
  • Consumer Products
  • Restaurant & Food Service
  • Energy

Tim Shanahan has held a number of executive leadership roles, including Vice President, Strategic Planning and Business Development at Mattel Inc., where he was responsible for strategic planning for the $1.2 billion Boys and Entertainment Division. While at Mattel, he also managed several departments concurrently, including Business Development, Web Development, Channel Marketing, Premiums, and had P&L responsibility for the $10 million Boys Toys Direct Marketing business. Mr. Shanahan also has extensive automotive experience with Ford Motor Company. Mr. Shanahan is well known for his leadership roles in strategy formation and implementation, founded on his exceptional analytics skills.

Key engagements include:

  • Served as interim CFO of a multi-channel, international, consumer products company in the toy and hobby industry. Provided financial leadership during a critical bankruptcy period. Developed a dynamic, consolidating financial model for nine divisions with $250 million in revenue and debt denominated in multiple currencies, applying both IFRS and GAAP standards. Supported the due diligence process for a quality of earnings analysis and multiple concurrent sale transactions.
  • Retained by the board of directors of a gift food manufacturer and marketer to recommend and implement restructuring and/or sale strategies. Identified and implemented specific opportunities to preserve cash, including elimination of unprofitable business segments. Drafted an offering memorandum, implemented a marketing campaign and consummated the sale of this $40 million company to a private equity fund, which used the established turnaround plan to secure financing.
  • Partnered with a boutique-consulting firm to serve as turnaround advisor to a $100 million manufacturer of powerboats. Developed an economic model for the business and a strategy to generate cash through limited production while marketing the business as a going concern. Successfully implemented the operating strategy and mentored finance staff in the generation of 13-week cash flow reporting and vendor management.
  • Served as interim CFO for a distressed staffing company with 400,000 associates, generating over $300 million in revenue. The analytics and resulting cash flow model renewed credibility with a fatigued lender, and was instrumental in securing a forbearance agreement. Also, developed a flow of funds model demonstrating how a sale transaction could be structured to satisfy the conflicting requirements of all stakeholders. The resulting transaction earned the Global M&A Network 2013 Restructuring of the Year award for small markets.

Mr. Shanahan is a member of the Commercial Finance Association (CFA), the Turnaround Management Association (TMA), and the Association for Corporate Growth (ACG).


Education

B.S., University of Michigan

M.B.A., University of Michigan

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