Chicago, IL, August 18, 2008 – 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.