3/1980 - Present Lar-San Appraisals, Inc., Palm Desert, CA

 President

 Management and consulting to financial institutions and companies in troubled financial situations.

Specializing in real estate, business, and machinery and equipment appraisals, with extensive experience in commercial and residential real estate appraising and business valuation.  Servicing Banks, Mortgage Brokers and other lending Institutions.

3/1982 - 3/2002 & 10/1963 to 1978  EDO/Technical Service Operations, Lancaster, CA

 General Manager

 Manager of a 300 person Technical Services Division of EDO Corp. Responsible for all aspects of operations including Market6ing, Engineering Development, Business Development, Financial Performance, facilities. Provided technical support for the development and testing of the B-1B Electronic Warfare Systemat at Edwards Airforce Base, Warner-Robins Air Logistics Center, China Lake Naval Base, Eglin Air Force Base. Developed a flightline Threat Simulator for the B-1B and the B-2. Won the $50M upgrade contract for a flightline threat simulator employed in the pre-flight test of all Airforce platforms and Army Helicopters. Developed a computer support capability which evolved over the last five years as a wireless technical support group for Netgear, Sequent, Lucent and many other clients. Experienced in operating a Division, which is part of a Public Company, including the rigorous reporting, projection, performance and management standards.

1/1978 - 1/1988 ALCO Capital Corp. New York, NY

 Vice President

 Responsible for directing the industrial operations of ALCO, a firm involved in consulting, appraisal, liquidation, reorganization of distressed companies or their assets. Ran Ayers/Chairmakers, Inc., a $40,000,000 multi-plant furniture manufacturing company acquired by ALCO. The Company was restructured under my direction, which required liquidation of excess inventory and M & E, restructuring the accounting, cost accounting, computer, trucking systems. Repricing and narrowing the product line and developing the human resources needed for operations and improved the reliability of Philippine and other overseas suppliers. The overall effect turned a 2.5M loss into a $1.0M profit after the first year.

Performed various workout and liquidations in the following and many other situations:

 Health-Tex Surplus Asset Liquidation

 Bradston Hurricane International-Furniture

 Dumont Instrumentation, Inc.-Electronics

 General Oil Distributors, Inc.-Oil del.

 Miya & Yoshi, Inc.-Apparel manufacturer

 Shatz Federal Bearing Corp.-Bearing manuf.

 Thermosol, Inc.-SPA manuf.

 Korvettes-Retail Dept. Store

 Zody's-Retail Dept. Store

 Two Guys-Retail Dept. Store

 Gimbels-Retail Dept. Store

 Jefferson Wards-Retail Dept. Store

 Precision Components-Stamping manuf.

 Federal Chain-Jewelry manuf.

 Victor-Electronics

Responsible for appraisal and analyses required in providing services to the financial community and to evaluate investment opportunities.

 1/1976 - 1/1978 ITT/Defense Communications Division Nutley, NJ

 Department Manager

 Director of the 30 man RF Communication Systems Engineering Department. Responsible for advanced development programs and working in conjunction with the marketing department to prepare the required in-house technical capability needed to compete for major programs. Some of these programs included a 20/30 GHZ Low Noise Satellite Receiver; Line-of-Sight ECCM Radio & Adaptive Phased Array; Fiber Optic Communication System and many others. 

6/1957-10-1963  Hughes Aircraft Company-Group Leader

Project leader for Voyager communication system.  Led design, test and implementation phase of the program, which was one of the initial spacequalified communication links.