Consumer >> CEO Interviews >> May 25, 1998
MARTIN P. DOOLAN is CEO of Value City. With over 25 years of experience
as corporate turnaround executive, he has been highly successful in
restoring shareholder value and long-term profitability in several
medium-to-large size corporations. He has provided extensive CEO
management and advisory turnaround services to companies owned by
Clayton, Dubilier & Rice, First Chicago Venture Capital, Madison
Dearborn Partners, Regional Financial Enterprises, Security Pacific
Venture Capital, Weston Presidio Capital, Banc One Venture Partners,
Sunwestern Investment Group and others. Mr. Doolan founded Multitech
Enterprises in 1982, a firm which specializes in providing CEO
management for companies with under performing earnings. Mr. Doolan
serves as Chairman and Chief Executive Officer of Multitech and fosters
the principle of equity participation and continued involvement with all
client companies until a successful turnaround and exit strategy is
executed with significant return to shareholders. In recent years, Mr.
Doolan has co-invested and managed portfolio investment companies for
RFE Investment Partners, Weston Presidio Capital, Capstan Partners and
Advent. He serves as Director/Chairman on several Boards of Directors,
holds numerous U.S. and international patents. He has an ASEE from RCA
Institutes, a BBA from Dallas Baptist University and studied Electrical
Engineering at City University of New York. Mr. Doolan served seven
years active service in the United States Coast Guard, and 30 years in
the Reserves. He attended the Army War College for Reserves and retired
as Captain, July 1997, while under consideration for selection to Rear
Admiral. Profile
TWST: Give us a brief summary, an historical background sketch on thecompany and then bring us up to date. Over the next two to three years,
what do you see as the challenges and opportunities