Terence.jpg

Terence Cryan, Managing Director

Terence Cryan, is a practiced CEO, turnaround and restructuring specialist with over twenty years of experience and has led numerous companies through restructurings. Terence has diverse business sector knowledge that includes power and utilities, alternative energy, metals and mining, industrial manufacturing, EPC construction and maintenance services, oil & gas, medical devices, higher education and the global non-profit sector.

Terence possesses extensive public and private company corporate leadership and governance knowledge and has served as a director on seven public company boards. He has wide-ranging operating expertise and brings a broad and multifaceted knowledge of domestic and international finance, investment banking and private equity.

Prior to MACCO, Terence co-founded and served as the Managing Director of a New York based investment and private equity firm and was a Senior Managing Director in the Investment Banking Division at Bear Stearns. He received his Master of Science degree in Economics from the London School of Economics and a Bachelor of Arts degree in Economics from Tufts University. Terence has also been an adjunct professor at the Metropolitan College of New York Graduate School of Business.

Notable Assignments

  • As  CEO of Global Power Equipment Group Inc. (NYSE:GLPW), which faced from the start significant losses in two out of three divisions and a multi-year financial restatement, led an operating turnaround while simultaneously divesting non-core assets which enabled a comprehensive debt refinancing.

  • Served as CEO of Uranium Resources Inc. (NASDAQ:URRE). Led the post acquisition business integration and cost rationalization of a significant acquisition to stabilize the Company’s finances. To ensure long term financial viability, brought in a PE investor, established a bridge loan facility and executed an underwritten rights offering.

  • While CEO of Medical Acoustics, led the Company through two successful clinical trials and FDA approvals and  the establishment of Medicare re-imbursement. Laid out a global distribution network for its products while securing investor support for long term growth.

  • Currently serves as Chairman of NASDAQ listed Ocean Power Technologies (“OPTT”) “  and Westwater Resources (“WWR”).