Our Team
Lynn Tilton
Lynn Tilton
CEO and Principal
Ms. Tilton serves as Chief Executive Officer and sole Principal of Patriarch Partners, LLC and its affiliated entities (“Patriarch”), a private equity firm managing $7 billion in assets. Ms. Tilton is well recognized by TV and print media alike for her modern day industrialist efforts to rebuild America. Her labors, since the founding of Patriarch have saved over 250,000 jobs and more than 150 companies from liquidation. In 2009, she was honored with the prestigious Turnaround Atlas Leadership Achievement Award for her work in distressed investing.

Ms. Tilton has dedicated herself to being an advocate for rebuilding America's manufacturing base and a voice for small and middle-market enterprises (SMEs) and their employees. Concerned about the dearth of lending to SMEs, Ms. Tilton has proposed a public-private investment program to encourage lending to these companies. Ms. Tilton’s SME Rescue Loans plan (www.smerescueloans.com), if implemented, could save hundreds of thousands of jobs while helping to rebuild America's industrial base.

Ms. Tilton’s career spans 29 years and encompasses private equity, operational turnarounds, distressed asset management, financial engineering, high yield loan sales and trading, investment banking and senior management. In addition to her role at Patriarch, Ms. Tilton currently serves as the Chairman and Chief Executive Officer of MD Helicopters Inc., a leading manufacturer of commercial and military aircraft.

Ms. Tilton founded Patriarch Partners to develop innovative financial solutions and to manage and monetize the distressed portfolios of financial institutions. The platform later evolved toward direct fund investments focused primarily upon the acquisition of companies undergoing crisis and pervasive change and loan origination to those same companies.

Under Ms. Tilton's leadership, Patriarch has positioned itself as a proactive partner to companies during periods of operational, industrial and economic transformation. Patriarch provides liquidity, time and strategic support, frequently saving US companies and US jobs. Patriarch inspires management teams to rebuild, using creative structural solutions and add-on investments in order to enhance companies' long-term values.

Prior to founding Patriarch Partners, Ms. Tilton was an executive at Long Drive Management Trust ("LDMT"), a special situations investment fund and Executive Managing Director of Papillon Partners, Inc., a firm which she founded to offer customized research, valuation and execution services to sellers of bank loans and high yield bonds. Ms. Tilton began her career at Morgan Stanley in 1981. She also worked for Goldman, Sachs & Co. and Merrill Lynch as an investment banker until 1989.

Ms. Tilton earned a B.A. in American Studies from Yale University and an MBA in Finance from Columbia University.

 

Gideon Agar
Managing Director
IT Platform
Gideon has nearly 20 years of experience in the IT industry, including almost 8 years with Cisco Systems and their affiliated companies. During his tenure with Cisco, he led a team responsible for developing and selling solutions to customers’ strategic network management problems and a team responsible for nurturing the growth of key OEM partner companies. In addition, he has held executive roles including CEO of a London-based company that developed proprietary software technology for data network analysis and infrastructure and routing optimization.

Gideon’s breadth of experience includes President of a Houston-based process control company, CEO of a small private equity fund in London, and Design & Development Manager at Oracle Corp in Redwood City, CA.

Gideon has a strong background in international sales, business development, strategic partnerships and acquisitions. He earned undergraduate degrees in Computer Science and English Literature from Brown University in Providence, RI and an MBA from Harvard Business School.

 

Emil Giliotti
Managing Director, PPMG
(Consumer Products Platform)
Emil possesses  over 37 years of experience in hard line and soft line Consumer Products and Manufacturing. He has developed enormous expertise in sourcing product in over 30 countries and has established distribution networks in both China and India. Over his career, Emil has cultivated strong relationships with retail giants such as Wal Mart, Bed Bath and Beyond, Home Goods, Macys, and many other mass merchant and department store chains.

Emil has led the turnaround of over 15 companies. He has been President of such respected consumer companies to include  Home Craft, Rowoco, Travco, Normandy, Arjon, and Acme International. During his impressive career he has secured licensing arrangements with Coke, Pepsi, McDonalds, Disney, Nick at Night and many celebrities.

In addition to his C-level positions, Emil's hands-on experience includes Warehouse Manager, Cost Accountant Manager, National Sales Manager, Vice President of Sales, Purchasing Manager, Operation Manager, Production Manager and Product Development Manager. He has a proven track record of rationalizing  cost structures  thereby  increasing margins and profits in every company that he touches.

Emil served in the United States Marine Corp. and graduated from Westchester Business School. He also has attended classes at Oxford University in Economics and Business Management.  Emil has been married for 38 years to the love of his life.

 

John Harrington
Managing Director, PPMG
Manufacturing and Engineering Platform
John has over 25 years of management experience in businesses that were in transitional phases. The scope of his activities included building and operating manufacturing facilities, consolidation and reorganization of global operations, and in the day-to-day management of businesses that were in a turn-around situation. He has acted as CEO, COO and CRO in various industries including manufacturing, pre-press and media services, financial services, construction, and facility maintenance service businesses.

Prior to joining Patriarch Partners Management Group, John was a Managing Director at TRG, a nationally known turn-around management firm. Prior to TRG, John spent three years as President of Tillotson Healthcare Corporation, a medical disposable products manufacturer.

John’s recent turn-around accomplishments include that of streamlining a pre-press company, restructuring of a large media company, consolidation planning for a metal processing company, transition management of a construction company, operational and financial restructuring of a proxy service company.

John earned an AB in Economics from the College of Holy Cross, and an MBA from the Carroll School of Management at Boston College. John served as a Lieutenant in the U.S. Navy, qualified on submarines.

 

Bill Hinz
Managing Director, PPMG
Aero, Auto & Truck Platform
Bill has more than 40 years of experience leading manufacturing companies in the aerospace, biotechnology, and telecommunications industries. Throughout his career, he has held executive positions serving as Chairman, President, and CEO of several companies. He spent almost 30 years at Allied Signal, where he served, among other roles, as the President of Worldwide Aftermarket Repair and Overhaul and Distribution, as well as President and CEO of European Operations.

Bill’s experience includes the turnaround of large and small companies, divestitures, and many acquisitions. The revenues of companies he has led range from startups to $6 billion. During the course of his career, he has introduced and driven new manufacturing principles involving Six Sigma, Synchronous Flow Manufacturing, Single Piece Flow and LEAN. He has led teams to dramatic improvements in operating performance, in one case taking a company from losing $25 million per year to break even in one year. Bill’s experiences have provided him with significant contacts in China, Singapore, India, Europe, Dominican Republic and Costa Rica.

Bill attended the University of Tennessee and was selected by AlliedSignal and General Electric to attend advanced global leadership and business schools around the world.

 

Timothy D. Leuliette
Managing Director, Automotive
Transportation & Logistics Platform
Tim, who also serves as Executive Chairman of Patriarch's Dura Automotive Company, has over 35 years of experience in global manufacturing industries. Tim has held senior management positions in both publicly and privately held companies, including serving as the first American CEO of a publicly traded Japanese company; the $3 billion (USD) Asahi Tec Corporation, and President and COO of the privately held $11 billion (USD) transportation company; Penske Corporation. Tim was also the first non-German to serve on the operating board of Siemens Corporation in its 143 year history.

Tim's international experience includes start ups, acquisitions, turnarounds, restructurings and global expansions into China, India, Mexico, Brazil, Eastern Europe and Russia.

Tim also served as the Chairman of the Detroit Branch of the Chicago Federal Reserve Bank for six years.

Tim holds a Bachelor of Science Degree in Mechanical Engineering and a Master's Degree in Business Administration from the University of Michigan

 

Edward W. Ricci II
Managing Director, PPMG
Textiles Platform
Mr. Ricci serves as the President and CEO of Duro Industries, a leading textiles and textiles technology company.

Between 2006 and 2008, he led a dramatic turn-around effort that resulted in significant EBITDA improvements through operational optimization, financial discipline, and technological innovation. Since then Ed has assumed leadership responsibilities for a broader set of Patriarch portfolio companies in the textiles industry including Galey & Lord,, Denim North America, and Best Textiles International.

Previously, he held positions of increasing seniority at Duro, progressing from the executive training program as a high school student to plant supervisor, general manager, Vice President of Sales and Marketing, and finally Senior Vice President prior to becoming President and CEO.

Ed graduated from Boston College in 1991. He completed his MBA from Bryant College in 1999.

 

Charles E. Sweet
Managing Director,
Healthcare & Staffing Platform
Charles E. Sweet is a seasoned board-level executive experienced in the turnaround and wind-down management of complex public and private organizations. Charles has dedicated a significant portion of his more than 30 year career to the health care industry and has specific experience in comprehensive cancer treatment services, orthopedics, prosthetics and orthotics, behavioral medicine, multi-specialty network services, home health and hospital systems.

In addition Charles has extensive multi-industry board and "C" level officer experience which includes manufacturing, co-packing services, technology solutions and services, design engineering and installation of petroleum equipment, commercial and residential liquid gas distribution, e-commerce solutions, telemarketing and co-sourcing services as well as general merchandise distribution services.

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