Wynnchurch Capital Adds Joe Anderson and Jim Goodwin to Executive Advisory Board
CHICAGO, October 10, 2013-- Wynnchurch Capital, a middle-market, private equity investment firm, is pleased to announce that Jim Goodwin, former chairman and CEO of UAL Corporation and United Airlines, and Joe Anderson, former chairman, CEO and majority owner of TAG Holdings, LLC., have joined Wynnchurch’s Executive Advisory Board.
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 to pass on expertise and acumen in targeted industries, geographic markets and business disciplines.
Goodwin is currently the non-executive chairman of the board of Federal Signal Corporation and serves on the boards of directors of AAR Corp; JB Technologies and the board of trustees of Lewis University. He served as interim chief executive and interim president of Federal Signal Corporation from 2007 to 2008. Previously, he was the chairman and CEO of United Airlines, Inc. and UAL Corporation where he held various leadership positions across all facets of the airline industry.
Anderson served as chairman, CEO and majority owner of TAG Holdings, LLC., the fifth largest minority owned business in the U.S. and a global provider of manufacturing and supply chain services targeting the aerospace, automotive, construction and defense industries. He was the immediate past chairman of the Manufacturing Council with the U.S. Dept. of Commerce and serves on the boards of directors of Quaker Chemical Corporation; Meritor, Inc.; NV Energy; Valassis Communications and Rite Aid Corporation. He held various senior leadership positions at General Motors and had a highly decorated career in the U.S. Army. Anderson is a graduate of the U.S. Military Academy at West Point.
Consistent with one of the goals of the Executive Advisory Board, Goodwin and Anderson are actively sharing their industry and business expertise by serving on boards of directors of Wynnchurch portfolio companies and personally engaging company leadership. Goodwin is a director of Northstar Aerospace, Inc. and Burtek Enterprises, Inc., while Anderson is a director of JAC Products, Inc.
“The addition of Jim and Joe to our advisory board aligns with our goal of developing a team of advisors who share our core values and can help us achieve a deeper understanding of our targeted industries, enabling us to further develop our growth strategies. Wynnchurch will greatly benefit from the depth of industry expertise and overall business acumen that Joe and Jim bring, and we are thrilled to have them on our team,” says John Hatherly, founding partner of Wynnchurch.
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.
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