Chicago, IL (PressExposure) May 03, 2013 -- Pegasus Intellectual Capital Solutions LLC announced today that Doug Harrison has joined it as Partner and will lead the Turnaround Management and Management Consulting practices. Mr. Harrison is the former Chief Operating Officer of Lyon Workspace Products, LLC and is a career long operating manager with extensive experience in distressed company turnarounds. His experience includes plant reorganizations, sales force realignments, collective bargaining agreement negotiations, PBGC negotiations, creditor negotiations, supply chain optimization, ERP implementation, project management, lean manufacturing, quality assurance, strategic planning and KPI development.
Charles Smith, Managing Partner, stated, "It is uncommon to find the depth and breadth of experience that Doug brings to our turnaround management practice. I can't think of a business challenge that Doug hasn't faced. His operating experience will bring tremendous value to our clients. I've known and worked with Doug for 28 years, and I am extremely pleased we will be working together".
Mr. Harrison will head the Turnaround Management and Management Consulting practice of the firm. His familiarity with the distressed company turnarounds, the Chicago banking market, and legal community were an ideal fit for the firm. Mr. Harrison stated, "I am very excited to be joining Pegasus Intellectual Capital Solutions to lead the turnaround and management consulting practice. I look forward to the immense opportunities before us. The combination of services we provide will be ideal for the market, and we will continue to expand upon that. "
Mr. Harrison, 57, is a graduate of the University of Chicago where he received his MBA, and is a resident of Wheaton, Illinois.
Pegasus Intellectual Capital Solutions LLC is a Chicago based boutique investment bank engaged in capital raising, mergers and acquisitions, exit planning, shareholder value maximization, restructurings and workouts. They are the sole Illinois Representative of Acquisitions International. Their clients have included companies from the Fortune 1000 to the lower-middle market, as well as late stage start-ups that have achieved break-even.