CHICAGO, Aug. 18, 2008 (GLOBE NEWSWIRE) -- WHI Capital Partners announces that Pamela Forbes Lieberman, former President and CEO of True Value Company (formerly TruServ Corporation), has joined WHI Capital Partners' Advisory Board. Eric Cohen, Managing Partner of WHI Capital Partners states, "We are confident Pamela's insight and experience, both with Fortune 1000 and mid-size companies, will prove to be an invaluable resource."
Pamela Forbes Lieberman is the former President and Chief Executive Officer of TruServ Corporation, now known as True Value Company, where she led an impressive strategic, financial, operating, and culture turnaround of a $2 Billion public-reporting business that was on the verge of bankruptcy when she joined. The business includes True Value Hardware, Grand Rental Station, Taylor Rental, Party Central, Home and Garden Showplace and Induserve Supply. Before coming to TruServ, Ms. Forbes Lieberman was SVP and CFO of ShopTalk, a start-up voice application software company. She had moved there from Martin-Brower Company, one of the largest distributors in the McDonalds system. From 1993 to 1998, Ms. Forbes Lieberman was Vice President and CFO of Fel-Pro Inc., internationally renowned automotive parts company consistently recognized as one of Fortune's "Top 10 Best Places to Work". She spearheaded acquisitions, built world-class finance and technology teams and orchestrated the process that led to the sale of the business to Federal Mogul for an industry setting EBITDA multiple. Earlier in her career, she held financial management positions at Bunzl Building Supply and Kraft Foods. Ms. Forbes Lieberman, a CPA, began her career at Price Waterhouse in auditing and accounting services. She currently serves on the Board of Directors of NYSE companies AM Castle & Co. and Standard Motor Products as well as several non-profit organizations.
About WHI Capital Partners
WHI Capital Partners (www.whicapital.com) is a Chicago-based private equity firm that invests in leading niche manufacturing, value-added distribution and specialty service companies with revenues between $10-100 million. WHI Capital Partners focuses on creating a true partnership with a company's management team with the goal of enhancing operational efficiency along with developing and executing a clearly defined growth plan to build value. Backed by the financial strength and resources of its parent firm, William Harris Investors, Inc., WHI Capital Partners provides a unique solution to help a company capitalize on its near-term and long-term opportunities.
For additional information about WHI Capital Partners please contact Eric Cohen at (312) 604-7901 or ecohen@whicapital.com.
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