Mr. Doty is a general management and corporate finance executive with a track record of growing manufacturing, distribution and real estate development companies
San Francisco, CA (PRWEB) July 09, 2018
National expert advisory firm Newport Board Group, LLC, which continues to add partners who bring management and industry expertise to the emerging growth and middle market sectors, announced today the admission of Jack E. Doty as a member of the LLC and Partner in its Northern California practice.
Mr. Doty is a general management and corporate finance executive with a track record of growing manufacturing, distribution and real estate development companies.
Mr. Doty’s career has ranged from entrepreneurial startups to major company turnarounds. He is credited with saving Granny Goose Foods from liquidation, taking its $3M loss on $35M sales to $5M profit on $105M sales. He performed as acting CFO of $50M Honolulu Shipyards and spearheaded the team that took the company out of pending foreclosure, refinanced it and disposed of under-performing assets, leading to its re-organization into profitability. Recently Mr. Doty has served as Acting CFO and COO of a branded national Whole Foods level spice importer, Acting CFO of an international federally funded non-profit education foundation and financing consultant for a fish packing company.
As CEO of Metro Pacific Corporation, he developed the sixteen story, 220 unit Post Street Towers, and converted the 207 unit Admiralty, the 40 unit Elm Terrace and the 100 unit Bellaire Tower to condominiums. He is credited with re-establishing the short-term rental industry in the Nob Hill district of San Francisco and has held the position of Receiver for the City and County of San Francisco and First Nationwide Bank.
"Jack Doty brings impressive successful management experience to our firm, enabling him to guide clients to their next phase of growth" said Michael Evans, Managing Director of Newport Board Group’s Northern California practice. As an executive and advisory, Jack has demonstrated an ability to bring together investors, executive teams and employees to create positive business outcomes. We are excited that Jack is bringing his extensive background as a private equity leader and his PE contact base to Newport. He is well known in the Bay Area for serving on a number of important industry and civic boards that build public-private partnerships, a driving force behind business growth today.”
At Newport Mr. Doty will focus in part on San Francisco’s large private equity community leveraging his role as Managing Director for Finance of Esperance, LLC, an emerging growth PE fund and as Advisor and Venture Partner at another fund. He will also advise CEOs and Boards on strategy, operational planning and execution including strategies to enhance top line growth such as unit economics, business scaling, new markets, channels, segmentation and international expansion.
“I am very happy to be joining the unique Newport Expert Network™ of partners who collaborate across the country to help clients solve their most important problems. I was impressed with Newport’s growing national client base of companies that are driving innovation with technology and new business models. I was also impressed that the firm has developed ways for its partners to work on the same side of the desk as their clients, to pursue wealth creation opportunities with them” said Jack Doty.
Mr. Doty serves on a number of public/private partnership boards including the Board of Directors of the San Francisco Chamber of Commerce Foundation, the Board of the San Francisco Center for Economic Development, and the Public Policy Committee of the San Francisco Chamber of Commerce.
Newport Board Group is a unique national professional services firm of CEOs, senior executives and board members who collaborate to serve emerging growth and entrepreneurial middle market companies and the private equity firms that invest in them. By working together in local practices in major cities and across the country, Newport partners create solutions to help clients improve their performance and valuation and become more transaction-ready.
For an interview or photograph, please contact Mark Rosenman, Chief Knowledge Officer at mark.rosenman(at)newportboardgroup(dot)com or 973.509.3838