W. Burke Mewborne, III

Director

 

Burke Mewborne is a senior management executive with more than 25 years of experience in designing corporate infrastructure, controlling finances, implementing successful cost-cutting strategies, leading top-performing teams, and executing profitable turnarounds. He has earned a highly respected reputation for quickly establishing excellent client relationships and bringing structure and unified vision to the most chaotic of situations for both for-profit and non-profit organizations. He has served in the capacity of interim CFO and COO for a number of organizations.

In addition to his strong leadership skills, Mr. Mewborne has extensive experience in financial accounting and cost systems, reporting systems, merger integration, operational improvements, debt management and refinancing.

He developed a business, financial and operational model for a new physician practice; resolved financial and organizational issues for a prominent non-profit organization struggling to complete its required independent audit by completing the audit, restructuring its debt and replacing its controller; and managed all aspects of a specialty medical practice after the owner/physician passed away, ultimately preparing the entity for sale to the local hospital, allowing the estate to liquidate its investment.

As CFO, he was hired by a privately held Turner Furniture Holding Corp., a $77 million company, whose rapid growth had overrun its financial functions. He transitioned third-party accounting to in-house resources, restructured $7 million in loans, reduced the company’s cost structure and divested a non-performing segment. For two start-up technology companies in Atlanta, GA, he developed business strategies, executed fund-raising activities and created administrative functions. As VP and General Manager for Castleberry/Snow’s Brands, a $130 million rapidly growing privately held manufacturer in Augusta, GA (since bought by Bumble Bee Brands), he rescheduled the plant to 24/7 in a union environment and installed an entirely new line of production. He also served NationsBank (now Bank of America), participating in LBO financings and managing loan portfolios exceeding $100 million.

Mr. Mewborne holds a BS from the University of North Carolina, Chapel Hill where he was a Morehead Scholar, and he received his MBA from Darden Graduate School of Business at The University of Virginia.

W. BURKE MEWBORNE, III

850.508.9436 bmewborne@abtv.com TALLAHASSEE, FL OFFICE

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