Team

Benson Woo

Benson Woo has served as a CFO in diverse industry sectors including automotive, heavy machinery, chemicals, electronics, electrical products, air conditioning, credit cards and diversified industrials. He has extensive experience in distressed situations, cost restructuring, profit turnaround, and debt and equity capital structure financing. He has negotiated domestic and international acquisitions, joint ventures, and partnerships, and worked on US bankruptcy and international insolvency transactions.

Mr. Woo worked 15 years for GM in New York, Canada, Brazil and Michigan in senior financial positions. He later served as vp/treasurer for Case (now Case New Holland) and Tower Automotive. Mr. Woo’s CFO assignments in both public and private global companies included York International (now Johnson Controls), Metris Companies (acquired by HSBC), TriMas Corp, Prestolite Electric, Rayonier Advanced Materials, and Gibson Brands (guitars and electronics).

Mr. Woo arranged financings and worked on acquisitions and joint ventures in Russia, India, Uzbekistan, Asia, Europe, Latin America, and North America.

He managed the debtor-in-possession borrowings for Tower Automotive and Gibson, and worked on cost restructurings at Rayonier, Prestolite, and TriMas, and legal and cost restructurings at Gibson.

At Prestolite, Mr. Woo revamped the company’s cost structure to survive sharp sales declines during the 2008-2009 global financial crisis, and refinanced debt maturing in a difficult market environment, before the company’s sale to new owners.

As Gibson’s CFO, Mr. Woo worked on its restructuring which included the simultaneous filing of Chapter 11 for the U.S. parent guitar company and insolvency filings for the group’s international electronics subsidiaries in Hong Kong, Europe, Eastern bloc, Asia, and Latin America.

Mr. Woo is a board member of Teac Corporation, a public Japanese manufacturer of industrial and consumer electronics.

Mr. Woo earned a BS degree in electrical engineering from the Massachusetts Institute of Technology, and an MBA from Harvard. He interviews high school students applying for admission to M.I.T. and lives in Michigan.

bwoo@alderneyadvisors.com
248-621-9741
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