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Carolina's Midas - People

Chris Bennett

Founder Carolina's Midas Institute
Midas Partner

Chris Bennett is an entrepreneur, owner, investor and strategic thinker with over 20 years experience increasing enterprise value in the lower-middle market. As the Managing Director of Performance Capital Group, Ltd., in Charlotte, NC, Chris works with owners and advises on private capital and finance strategy including mergers and acquisitions. Chris is also a director for several private enterprises, the Founder of Carolina's Midas Institute and a MidasNation™ Partner. A proven CEO and executive leader, Chris has consistently implemented value enhancement strategies in various companies. After acquiring MEDIC FIRST AID International, Inc., Chris delivered 850% EBITDA growth in less than four years and generated a high return on invested capital by selling to a middle market private equity firm. Following a merger and several add-on acquisitions, Chris scaled Health & Safety Institute, Inc. to one of the largest privately held emergency care training businesses in the U.S. He holds a Bachelor of Arts degree from Duke University and a Masters of Business Administration degree from Kenan-Flagler Business School at the University of North Carolina.

 

Olin Broadway

Olin Broadway is the Executive in Residence at the College of Information Technology of University of North Carolina at Charlotte. Olin has extensive experience with Information Technology companies, having served as the founder of seven including – Computer Management Corporation, BroadNet, Inc; Egret Holdings/Osprey Systems; and Broadway & Seymour, Inc. Currently, Olin serves on the boards of two private companies and consults with banks and early stage technology companies. He has also worked for IBM and First Union Corporation in technology management roles.  Olin is the recipient of a number of special honors including the Neel Award for Individual Career Achievement by the Information Technology Charlotte of the Charlotte Chamber of Commerce in 1996, The Career Achievement Award by the Business Innovation & Growth Council in 2002, the Public Service in Technology Award by the North Carolina Technology Association in 2004 and the Career Achievement Award by the North Carolina Technology Association in 2005.  He is a member of the Board of Directors for NCTA and founder, and former chairman of the North Carolina Partnership for Excellence, and is a member of the Order of the Long Leaf Pine. Olin has a Bachelor of Science degree with a major in Mathematics from Wake Forest University.
 

Chia-Li Chien

Chia-Li Chien is the founder and chief strategist of Chien Associates LLC, a strategy and implementation management consulting firm that helps women business owners convert business into meaningful personal wealth. She also writes a monthly column for WomenEntrepreneur.com on financial independence.  Chia-Li is a Certified Financial Planner, Chartered Retirement Planning Counselor, Project Management Professional and holds a Master's degree from the University of Hartford.

 

 

 

 

Ted Huneycutt

Ted Huneycutt is the founder and managing principal of four businesses in three industries, including a manufacturing business in the textile industry, a surplus-parts distribution business in the airline industry and an income tax preparation business in the financial services industry. With more than 20 years in business ownership, management and operations, Ted is a strategic thinker who knows how to leverage network resources to achieve established goals. He has been involved in a number of industry organizations, fulfilling varied committee responsibilities, such as publicly presenting on a wide range of associated industry topics. Ted earned his MBA degree from the University of North Carolina at Charlotte.

 

 

 

 

Dan Keenan

Dan Keenan has over thirty years of professional experience in executive management, sales, marketing, financial, and restructuring advisory services.  He draws on experience across many industries including: light and heavy manufacturing, distribution, financial, and medical services. Dan is currently the President and CEO of Cimtec Automation, a regional automation and product sales company.  His expertise in turnaround management enabled the successful transformation of this company within nine months of its purchase. Prior to acquiring Cimtec, Dan was a partner of a professional corporate restructuring firm, where he advised companies in need of financial and operational restructuring. His experience also includes having been the COO of a multi-state heating and air conditioning wholesale distribution company where he applied strategic planning, business development, and best practice strategies to increase revenue production by 115% in four years. Dan earned a Bachelor of Science degree in Accounting from Plattsburgh State University of New York.

 

 

John MacQuarrie

John MacQuarrie owns a Charlotte, NC based Advisory practice whose primary focus is Business Strategy and Organizational Engineering. John has a 20+ year track record of turning around and growing enterprises for S&P/Global 500 concerns like Stanley Black & Decker, Atlas Copco, Danaher and Grainger. John’s progressive career experience encompassed senior leadership roles in Industrial Manufacturing and Distribution companies across worldwide markets.  Strategic industry focuses include Power Generation, Petrochemical, Automotive, Aerospace, Healthcare Facilities and Construction/Agriculture Equipment. John has successfully implemented Strategic Goal Deployment, Working Capital Transformation, Emerging Market Activation, Global Supply Chain and Lean initiatives across various business platforms. John also has significant Business Development, M&A, and Integration experience. John helps business leaders define immediate and long term drivers of performance and align people/functions to achieve desired results. John earned a degree in Economics from the University of Notre Dame.

 

 

Stephen P. Miller

Steve Miller is the vice-chairman of the executive committee and executive vice president of The Biltmore Company, which owns and operates Biltmore Estate in Asheville, NC. A 33-year veteran of the company, Steve is Biltmore’s top non-family executive.  Revenues at Biltmore have increased 40 fold during his tenure there. In his current role, Miller is responsible for new business development and for developing the long-range strategic direction and corporate planning for Biltmore’s various business divisions, including Biltmore House and Gardens, Biltmore Estate Wine Company, the Inn on Biltmore Estate, and Biltmore’s For Your Home branding business. Miller currently serves on the boards of Asheville Savings Bank; Celebration Associates, a real estate development firm operating in the Carolinas and Virginia; and Draper and Kramer, a family-owned real estate management and development firm headquartered in Chicago. He is past chair of the North Carolina Chamber of Commerce and past chairman of the board of Mission Hospitals in Asheville. Miller holds a bachelor’s degree in business administration from The University of North Carolina at Chapel Hill, where he was elected to Phi Beta Kappa. He graduated in 1991 from The Executive Program at The University of North Carolina at Chapel Hill, where he now serves as an adjunct professor for family business in the Center for Entrepreneurial Studies at the Kenan-Flagler Business School and is co-founder of the KFBS Family Enterprise Institute.

 

John Parks

John Parks is President and Founder of the Foresight Group, a private equity and consulting firm formed in 2009. Until December of 2009, John Parks served as Associate Vice President for Economic Development at the University of South Carolina (USC) in Columbia and as Executive Director of Innovista, the University’s new urban research district. His responsibilities also included Intellectual Property and Incubation for USC. John has a broad background in research park development, start-up formation, seed capital, and technology commercialization and developed innovative strategies to enhance university research and further the economic development opportunities for four research universities.  He is a past Chair of the Iowa Seed Capital Fund and held positions on the Boards of the Bluegrass Venture Fund, the Kentucky Science and Technology Council, the Kentucky Life Sciences Organization and is a past Board member of the National Institute for Pharmaceutical Technology and Education. John was founding Director of the Research Park at the University of Illinois in Urbana-Champaign and Enterprise Works, the technology incubator program. At Iowa State University, John served as President and CEO of the Iowa State University Research Park Corporation and Director of the Iowa State Innovation System.  John is a graduate of Iowa State University with a BBA degree in Finance and an MBA. He is also a member of Beta Gamma Sigma and Phi Kappa Phi Scholastic Honoraries.
 

Hans E. Peterson

Hans Peterson is a founding partner of Quantarus Capital Partners, a Charlotte, NC based private equity group focusing on lower-middle market companies. His 20 year professional career includes ownership and CEO positions with private middle-market companies, marketing management positions with 3M and Johnson & Johnson, and management consulting with PriceWaterhouseCoopers. His diverse industry expertise consists of power transmission and distribution, security, medical technology and industrial manufacturing. Hans’ businesses have achieved dramatic improvements in financial and market performance by way of global market expansion, new product introductions, improved sales and marketing professionalism, optimized manufacturing operations and global sourcing. For over a decade, Hans has successfully purchased, led and sold scalable technology based businesses.  Under Hans’ leadership and ownership, Hi-Tech Fuses, Inc., a global manufacturer of high voltage fuses for the power utility markets, experienced 300% revenue and EBITDA growth and was successfully sold to Thomas & Betts Corporation (NYSE:TNB). Similarly, Elk Products, Inc., a producer of premium commercial and residential security and automation systems realized significant growth under his leadership before the investment was sold back to the company’s founder. Hans earned a Bachelor of Science degree in Industrial Engineering at North Carolina State University and a Masters of Business Administration at the University of North Carolina at Chapel Hill Kenan-Flagler Business School.
 

Robert P. Rhen

Robert Rhen has led the commercialization of new technologies for over twenty-five years. He is a Managing Principle at KRBS Ventures Ltd. in Wilmington NC and mentors early stage companies that seek to monetize new technologies. Robert was also a Managing Member at Evidence Based Associates and led growth initiatives of the company starting with the original collaboration of FFT, MST, MTFC and NFP model programs to form EBA; and start / sponsor the semi-annual Blue Prints for Violence Prevention Conferences. During his career, Robert has been a board member or mentor for over ten companies and created meaningful changes in business models and value. Prior to moving to Wilmington, Robert was a senior executive at Westinghouse for fifteen years managing new technology business start-ups in electronic components, construction products, market research and corporate development / mergers and acquisitions. Robert earned a Bachelor of Science degree in Electrical Engineering from Michigan State University and a Masters of Business Administration from the University of Pittsburg.

 

Barry Saltzman

Barry Saltzman has been a hands-on leader throughout his career, having experience in both public and private global companies. Barry has been responsible for Global Sales, P&L, Business Development, Closing Multi Million dollar transactions, leading and managing Complex Project Teams, Service Delivery, Service and Sales Operations and Customer Relationships. During Barry’s career he has succeeded in a major financial turnaround of a $60 million dollar privately held business, grew revenue from $35 million to over $200 million for a large IT services business, managed a $535 million dollar P&L with over 1500 technical and sales employees for a large services division of a public company and taken a leadership sales role in closing global deals valued at over $25 million dollars. Most importantly Barry has succeeded at developing the key attributes of a great executive leader - Integrity, Excellent Decision Making Skills, Leveraging Experience, Business Acumen, People Acumen, Organizational Development Skills, Global Mindset and Never Quits. Barry also serves on many Advisory Boards including the Chicago IT Roundtable as Board Member/Treasurer and Illinois Technology Partnership as Board Member. He holds a Bachelor of Business Administration in Business Computer Information Systems from Hofstra University in Hempstead, New York.

 

Barbara Sheridan

Barbara Sheridan has more than 20 years experience in the Human Resource and Business Process Outsourcing industries. She spent several years working as a human resources executive for several large companies from the Commodities Exchange in New York City to a large Hospital Corporation in Nashville, TN. She also worked as a consultant for Towers Perrin specializing in employee benefit and retirement plans. She then moved to Charlotte, NC and co-founded her own company, HR XCEL, LLC. She created a unique HR outsourcing model to address the needs of mid market employers. Barbara and her sales team competed against fortune 500 companies and put HR XCEL on the map through her innovative, customer service driven, yet cost effective business model. After approximately 10 years, in early 2010, Barbara and her business partners decided to exit the business and sold to Automatic Data Processing, Inc. (ADP), a publically traded billion dollar payroll, benefits and business process outsourcing firm.  In 1986, Barbara received a Bachelor of Science degree in Business Administration from the Sigmund Weis School of Business, Susquehanna University, in Pennsylvania. Additionally, in 2003, the Charlotte Business Journal awarded Barbara as one of the top “40 Business Executives under 40” as well as being recognized as one of the” Top 25 Women in Business” award recipients in 2004. Additionally, she was selected as one of the “HRO (Human Resource Outsourcing) Superstars” in 2007 and 2008 by the National HRO Today Magazine.

 

Jeffrey G. Tennyson

Jeff was, most recently, Chairman and Chief Executive Officer of EquiFirst Corporation from March 2004 to October 2009. He led the company to become one of the largest residential mortgage lenders in America and ultimately sold EquiFirst to Barclays Capital in 2007. Prior to 2005 he was President and Chief Operating Officer and presided over EquiFirst’s growth and operations. He joined EquiFirst in February 1997 and led virtually every functional area of the company as it grew from a startup to a large national lender. Prior to EquiFirst, Jeff was Treasurer and Controller for Anchor Glass Container Corporation, a Fortune 500 industrial company, where he negotiated and restructured the company’s senior debt and credit facilities, navigated the company through Chapter 11 bankruptcy, and successfully negotiated the sale of the company. Jeff’s background includes corporate finance and investment banking experience with Stephens Inc., in Little Rock, AR and Salomon Brothers in New York. Mr. Tennyson is a Certified Public Accountant, and holds a business degree from Harding University and an MBA from Harvard School of Business.

 

Todd D. Wiebusch

Todd Wiebusch is CEO of CHMG Capital, LLC, a private investment and operating firm based in Charlotte, NC. The company currently has three investments where Todd is active creating growth and value. From 1997 until its sale in 2005, he was President and CEO of Capital Health Management Group (CHMG), a provider of Medicare-certified home health services with 30 locations in seven southeastern states. Prior to CHMG, he gained extensive General Management experience at three national home health providers in both the HME/Respiratory and home nursing segments. Todd is currently acting CEO and Board Chair of Saebo, Inc., an international provider of stroke rehabilitation products based in Charlotte. In addition, Todd is a director and investor in Peninsula Home Care, a Medicare-certified home care agency on the Delmarva Peninsula, and CHMG Solutions, a Charlotte-based provider of outsourced accounting and financial services. Todd is also a co-founder of HR XCEL, LLC, a national provider of Human Resource Outsourcing (HRO) services, which was recently sold to ADP, Inc. Founded in 2000, HR XCEL provided HRO services to companies with over 50,000 employees in all 50 states, Mexico and Canada. Mr. Wiebusch received his B.A. from Davidson College in 1985 and his M.B.A. from the University of North Carolina at Chapel Hill in 1990.  
 

David Zerfoss

David Zerfoss became President of Husqvarna's Professional Products Division in 1991 and during his 18 year tenure, grew sales by 1700%. He created a strategic plan to transition the company, successfully negotiated agreements with distributors, led a plan to add thousands of new dealers and subsequently created dealer direct distribution coast to coast to over 10,000 independent retail and rental equipment dealers.  David began his career with Exxon as a Regional Sales Representative, progressing though Strategic Business Analysis, Real Estate Acquisition and Business Owner/Employee Training. He also worked for Leisure Time Distributors (marine and recreational products) as VP of Sales and Marketing and was General Sales Manager for German based, STIHL, a manufacturer of chain saws and other handheld power equipment for professionals, farmers and consumers.  David served as Board Member for 15 years and two times as Chairman of Outdoor Power Equipment Institute (OPEI), working on critical industry and company issues such as EPA regulations, California Air Resources Board (CARB), plus ANSI and other federal, state and municipal regulations. Concurrently, he also served as Board Member for 12 years and Chairman for Portable Power Equipment Manufacturers Association (PPEMA). In addition, he led OPEI, Planet and PGMS (industry and professional landscape associations) in merging the two largest outdoor power equipment and landscaping trade shows into one successful trade show. David lives in Charlotte and is currently an Executive in Residence at Queens University McColl School of Business.