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Principals

Byron Clark | Robert M. Blumenfeld | Jonathon A. Helleckson | Bob Morris |


Byron Clark

3308 Preston Road, Suite 350-215, Plano, TX 75093
T | 972-335-2090, F | 972-335-2216 | byron@argrecovery.com

Byron Clark's experience spans all aspects of the retail and restructuring communities. He has held senior management positions with major retail firms, and has been engaged by manufacturers, retailers, lenders and other interested parties in a variety of distressed situations.

Byron offers expertise in all areas of workouts and restructuring, including reorganization planning, insolvency and liquidation analysis, inventory valuation, direct planning and management of asset liquidations and strategic sales, as well as other operations and support functions.

Byron founded ARG as an alternative to traditional workout and liquidation companies. Having been a retailer first, he has strong marketing skills when it comes to the selling of assets or the sale of a company. He is dedicated to putting cost-effective programs together that help companies manage change.

Byron has managed the liquidation of hundreds of millions of dollars of assets including home furnishings, clothing, flooring, sporting goods, fine jewelry, electronics, appliances, and more. Recently Mr. Clark was retained by Flooring America as liquidating agent. Flooring America was a $600 million flooring and carpet retailer with over 180 locations. As a consultant Mr. Clark assisted the debtor, lender, and credit committee in putting together and implementing an exit strategy, maximizing asset recovery.

Mr. Clark attended Louisiana State University and is Past-President of the Dallas Chapter of the Turnaround Management Association.

Robert M. Blumenfeld

1350 Avenue of the Americas, Ste 1120, New York, NY 10019
T | 212-489-8700, | F 212-489-8750 | bobby@argrecovery.com

Bob has over 20 years of experience and knowledge in being a "Responsible Party" to financial institutions, retailers, manufacturers, and advertising agencies. His experience includes providing financial, manufacturing, merchandising, marketing, liquidation, financing and advertising services to over 1000 companies throughout America and Canada. Bob began his career at April-Marcus, a public company, operating over 250 retail stores and the preeminent liquidator and retail turnaround consultant in its time. Upon its sale, Bob founded the April-Blumenfeld Company providing credit support, turnaround management, and liquidation services to retailers and manufacturers.

Bob is currently President-Elect of the Association for Corporate Growth New York Chapter, Board of Directors of the 100 Club of New York, and has leadership positions on national committees of the Turnaround Management Association. Bob graduated from Babson College (BS, Technology) and Fordham University (MBA Finance).

Jonathon A. Helleckson

7455 France Avenue South, Edina, MN 55435
T | 507-824-3372, F | 507-824-2320, Cell | 507-269-1381 | jonathon@argrecovery.com

Jonathon has a lifetime of hands on entrepreneurial business experience within the retail and manufacturing sectors. His family was in the retail lumber, metal pole barn building's, truss manufacturing and home center businesses for over fifty years. He started his career with Winnebago Industries working in their owner/warranty relations, as well as the accounting department. After having worked in all levels and departments of the family business, he co-founded and managed the operations of Jonwood Manufacturing, a forest products manufacturing business, in conjunction with his families existing operations.

Jonathon first became involved with the liquidation businesses when he liquidated the operations of his families businesses, after his father's death. Since that time, he has been involved for several years as a management consultant, as well as working with lenders and companies in their asset disposition and restructuring efforts.

Recently, Jonathon managed the liquidation of ten million dollars of roofing materials inventory, as well as overseeing the management of the liquidation budget and the collection of the accounts receivable for Globe Building Materials, Inc. ARG was retained by the lender as the liquidating agent and exceeded the lenders expectations on the inventory recovery.

Jonathon is a licensed auctioneer and a member of the National Auctioneers Association, as well as a member of the Turnaround Management Association. Jonathon is a graduate of Waldorf College.

Bob Morris

ARG Evaluations Group
808 S. College, Ste. 207B, McKinney, TX 75069
T | 972-562-1893, F | 972-547-0831, Cell | 214-675-6411 | bmorris@argrecovery.com

Bob Morris is one of the principals of ARG Evaluations Group and as such has responsibility for overseeing final product output and conclusions of all inventory evaluations of ARG.

His experience has ranged from ownership of his own retail business, senior lending and compliance officer of a medium sized Savings & Loan that experienced 300% growth in three years, incubating and bringing to success a Merger and Acquisition firm that also performed ongoing business appraisals, starting and operating free standing liquidation divisions of existing companies to his position at ARG. He has operated and consulted with a number of businesses ranging in maturity from "cradle to crypt".

He has an Bachelor's Degree from Howard Payne University with concentrations in economics and finance and has taken many hours of additional studies in finance and lending. He is board certified by the International and Texas Association of Business Broker and hold the BCB and CBI designations and has been a member of the Institute of Business Appraisers. He has served on the board of the Texas Retailers Association and has written numerous monographs on business appraisal practices and theory.

Due to the nature of the businesses with which he has dealt, he has served in virtually all of the senior executive positions in business including executive, finance, operations, purchasing, sales, marketing and promotion. It is this rounded viewpoint that he brings to the evaluation business realizing that it takes the universal perspective to adequately insure that value decisions are realistic and achievable.

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