Thomas Gray
Mr. Thomas Gray is a certified
turnaround professional
with expertise in workouts,
restructurings, and corporate
renewals. Mr. Gray has over
30 years of experience serving
as a successful board member,
interim CEO, executive,
line operations manager,
entrepreneur and management
consultant to large and small
businesses located in the US and Europe. Mr. Gray has
experience working in the telecom, aviation manufacturing
and consulting industries.
Serving as an Executive Consultant for MainStream, Mr.
Gray’s core competencies include providing restructuring
and bankruptcy advisory services to small businesses and
driving performance improvement. Mr. Gray is a generalist
who has been involved in general management, strategy,
operations, customer service, marketing, governance,
startups, turnarounds and growth services.
Representative examples of Mr. Gray’s work include
serving as the Interim President for a 24,000 line
independent telephone company that offers voice, internet
and video services. Mr. Gray was initially hired as an
Interim CFO where he was responsible for assessing
the company’s challenges (market, network, IT, finance,
personnel), as well as developing the vision, strategy and
annual vision plan. Mr. Gray successfully implemented a
“Management System,” which included objectives, project
plans, metrics and incentive compensation. Mr. Gray was
promoted to be the permanent CEO, where he completed
a 10-K form and conducted annual shareholder meetings.
Mr. Gray served as an Interim Managing Director where
he was responsible for strategy and day to day leadership.
He assessed a turnaround opportunity for a manufacturer
of single engine, four seat aluminum airplanes. Mr. Gray
developed a vision, strategy, business plan, and obtained
funding. Mr. Gray’s leadership led sales and production to
more than double within two years.
Positions Held, Memberships and Certifications:
• Executive Consultant (MainStream Management)
• Interim CFO, CEO (Warwick Valley Telephone
Company)
• Interim Managing Director (Mooney Airplane
Company)
• President (Telecom Expert Group)
• Vice President - Marketing and Business Administration
(Ameritech, International)
• Certified Turnaround Professional
• Member (Turnaround Management Association)
Serving as the President of Telecom Expert Group, Mr.
Gray recruited over 60 professionals, and established
relationships with several other consulting groups focused
on selected management functions. Services include due
diligence and strategy/operations reviews and audits,
functional management advice such as pricing and process
work, and interim management. Throughout his tenure,
Mr. Gray has achieved revenue of $4M.
Other recent engagements of Mr. Gray include serving
as the Vice President of Marketing and Business
Development for Ameritech International (currently
known as AT&T Teleholdings, Inc.), where he was
responsible for identifying and accessing telecom
investment opportunities as well as leading due diligence
and deal teams. As part of the Company’s investment
analysis, Mr. Gray evaluated and designed a business plan
for performance improvement.
Mr. Gray has two publications; one of his articles, “Trend:
Funds Buying Telcos Seek New Management Team,”
was published by Business Week. His other article, “An
Operational Turnaround’s First 100 Days,” was published
in the Journal of Corporate Renewal.
Mr. Gray earned his MBA in Marketing at Keller Graduate
School of Management and his Masters of Arts in History
at Loyola University of Chicago.
Cedar Rapids • Chicago • Cincinnati • Knoxville • Washington DC
877.785-6888 • www.mainstreammanagement.com