Board Member/Advisor

Over the past decade, the fastest growing segment of Ed Freiermuth's services has been providing advice to the boards of directors of healthy companies seeking to avoid, in the first place, the necessity of implementing a business turnaround. In short, preventive medicine rather than triage from the business doctor.

His willingness to challenge the viability of management recommendations and to monitor the progress of companies in achieving well-defined goals and objectives have helped to reduce risk while expediting initiatives that have great promise.

As a financial consultant, an advisory director or a statutory director, Ed Freiermuth has offered counsel to 15 companies in matters dealing with corporate governance and strategic direction.

Specific areas of experience include:

• Internal control structure to reduce risk and improve the reliability of financial data

• Management team selection, compensation, retention and incentive plans

• Corporate policy

• Dividend policy

• Resolution of shareholder disagreements

• Valuation, liquidity events and exit strategies

• Shareholder redemption/distribution/buyback issues

• Financial and business reviews

• Review of bank credit and security agreements

• Review of proposals to raise debt and equity capital

• Evaluation of merger, acquisition or divestiture proposals

Fees and Expenses

• The fee for advisory and statutory board meetings and any committee
  meetings vary from $1,000 to $5,000 per meeting, depending upon the type of
  board seat being filled and the risks associated with serving in such
  capacity.