Newport Board Group, a National Professional Services Firm Serving Emerging Growth Companies, Ramps Up Mid-Atlantic Presence

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Tony Cord Appointed Mid-Atlantic Managing Partner

The Mid-Atlantic Market contains hundreds of dynamic growth companies that could become gazelles and expand successfully to scale with our strategic advisors and tools to improve decision-making and execution

The leadership at Newport Board Group is pleased to announce the rollout of an aggressive growth strategy to serve emerging growth and middle market company CEOs, Boards and their private equity investors in the Mid-Atlantic marketplace, with focus on serving the Baltimore-Washington Corridor, the District of Columbia and the DC to Richmond Corridor. Collectively, this dynamic marketplace represents the fourth-largest economic market in the U.S. with fast-growing businesses in multiple industries.

To this end, CEO Douglas Payne and Chairman Doug Tatum announced the appointment of veteran business builder and DC native Tony Cord to drive the firm’s market plans, effective today. Mr. Cord, whose prior leadership posts include American Express, BDO, Navigant and Tatum, LLC, will restart the practice with a focus on building a top-roster of CEOs, senior executives and board directors who collaborate, go to market jointly and utilize the firm’s unique proprietary tools and methodologies, including the Newport Expert Network™ to provide client insights and recommendations.

“The Mid-Atlantic Market contains hundreds of dynamic growth companies that could become gazelles and expand successfully to scale with our strategic advisors and tools to improve decision-making and execution” said Mr. Tatum. “Tony Cord has earned the trust of the legal, banking, accounting, PE and VC communities whose clients benefit from Newport’s services as an objective, expert advisor. He is a magnet for top talent and engagement opportunities, based on his reputation as a strong, collaborative practice leader and as proactive advisor and solutions provider.”

Newport Partners have served in over a dozen key markets since the firm’s inception in 2012. “My vision is to build an elite, highly-collaborative and diverse team of professionals offering unsurpassed value and impact for our emerging growth and mid-market clients seeking to kick start stalled legacy businesses, turn around troubled business or create fresh high-trajectory startups,” said Mr. Cord. “Entrepreneurial business builders and referral sources are all cynical about bloated, high-cost advisory firms. Our team will bring platinum-level capabilities without the infrastructure costs of global and legacy players. Our ability to engage on a fee, equity and board service basis gives us unique flexibility to be aligned with clients,” he added.

About Newport Board Group – Newport is a unique national professional services firm of CEOs, senior executives and board members. Our partners serve as CEO and Board advisors, seated board directors and interim executives. We serve emerging growth and entrepreneurial middle market companies and the private equity firms that invest in them. We help companies that are facing key transitions gain competitive advantage by leveraging our highly collaborative Newport Expert Network, utilizing our technology-enabled tools and aligning compensation with key client objectives.

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Michael Evans
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