Edward J. Bidanset III  A professional with 25 years of financial consulting and management experience, Edward J. Bidanset III has an extensive background in turnarounds, crisis management, manufacturing, retail, and investment banking. 

He has served as an advisory consultant or principal in chief financial officer and chief operating officer positions for Fortune 500 firms and small manufacturers.

Before joining MorrisAnderson, Bidanset was a consultant/principal with CE Inc., a crisis and turnaround management firm with sourcing contacts in Asia and clients in imports and manufacturing. At CE Inc., he was instrumental in the turnaround of a $75 million printing company, the shutdown of a $60 million hardware manufacturer and the shutdown of a 700-room hotel convention center.

Previously, he was CFO for Middle Atlantic Products, a sheet metal rack manufacturer, where his activities included financing the equity buy-out of a co-founder and negotiating a middle-market loan with Chase Manhattan to replace an asset-based credit line.

As CFO for Scott Printing Corp, Bidanset instituted departmental zero-based annual budgeting, and as COO for Imtek/Holliday-Tyler Printing he liquidated the parent company and auctioned equipment and complied with National Labor Relations Board and union contracts while closing the plant.

Bidanset was CFO for Cardiovascular Diagnostics, raising $3 million in equity and private placement funding and negotiating divestiture of the labware division. At Exide Electronics, he was marketer-controller and part of a team that used a computer-pricing model to win a $612 million contract.

He also worked for Ingersoll-Rand and Scovill Manufacturing.

Bidanset holds a bachelor's degree in economics from State University of New York (SUNY) at Cortland, and an MBA from Duke University's Fuqua School of Business. He is a member of the Turnaround Management Association and the Financial Executives Institute.

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