Michael Psaros is a Co-Founder and Managing Partner of KPS Capital Partners, LP, and a member of its Investment Committee. KPS Capital Partners, LP is the manager of KPS Special Situations Funds, a family of private equity funds with more than $6.1 billion of assets under management focused on making controlling equity investments in companies across a diverse range of manufacturing industries experiencing a period of transition or challenged by the need to effect immediate and significant change.

Mr. Psaros and the Co-Founders of KPS have successfully developed and executed a proprietary investment strategy that resulted in the creation of vibrant and successful enterprises out of assets or companies that were close to shutdown or liquidation, suffering from a history of operating losses, operating in bankruptcy, or in default of obligations to creditors.

Mr. Psaros currently serves on the Board of Directors of the following KPS portfolio companies:

American & Efird, Chairman
American & Efird ("A&E") is one of the world's largest global manufacturers and distributors of industrial sewing thread, embroidery thread and technical textiles, produced from natural and synthetic fibers. Producers of apparel, automotive components, home furnishings, medical supplies and footwear rely on A&E industrial sewing thread to manufacture their products. A&E, headquartered in Mt. Holly, North Carolina, is the largest U.S. manufacturer and the world's second-largest manufacturer and distributor of premium quality industrial sewing thread, embroidery thread and technical textiles. A&E thread is used by producers of apparel, automotive components, home furnishings, medical supplies, footwear and certain industrial products. Customers select A&E as the preferred choice for industrial sewing thread, embroidery thread and technical textiles because of A&E’s dedication to providing its customers with the finest products and services, at the highest quality, delivered globally. Headquartered in Mount Holly, North Carolina, A&E owns or operates 23 manufacturing facilities and employs 11,000 associates around the world directly or in partnership with joint venture partners.
www.amefird.com

Chassis Brakes International Group, Chairman
Chassis Brakes International Group ("CBI") is one of the world's three largest manufacturers of automotive foundation brakes and foundation brake components. The Group’s primary products, which include brake calipers, disk brakes, drum brakes, and parking brakes, are sold directly to original equipment manufacturers and through various aftermarket channels. Headquartered in Drancy, France, CBI operates 21 manufacturing facilities and engineering centers in Europe, Asia, and South America. CBI employs approximately 6,000 associates worldwide.
www.chassisbrakes.com

WWRD Holdings Limited, Chairman 
WWRD Holdings Limited ("WWRD") is the leading provider of luxury home and lifestyle products worldwide, sold under a number of well-recognized brands, including Waterford, Wedgwood, Royal Doulton, Royal Albert and Johnson Brothers. WWRD maintains unique licensing arrangements with some of the most high-profile innovators in the home and lifestyle market, including Vera Wang, Jasper Conran, John Rocha, Monique Lhuillier, Donna Hay and Gordon Ramsay. WWRD's products are distributed through premium department stores and independent retailers and wholesalers in more than 80 countries around the world. WWRD employs approximately 3,000 associates worldwide.
www.waterford.com
www.wedgwood.com
www.royaldoulton.com

Anchor Glass Container Corporation, Director
Anchor Glass Container Corporation (“Anchor Glass”) is a leading North American manufacturer of premium glass packaging products.  Anchor Glass has long-standing relationships with blue chip companies across the beer, liquor, food, beverage, ready-to-drink and consumer end-markets.  The Company is headquartered in Tampa, Florida, and employs approximately 2,000 people, with six manufacturing facilities located in Florida, Georgia, Indiana, Minnesota, New York and Oklahoma, in addition to an engineering and spare parts facility in Illinois and a mold manufacturing facility in Ohio.
www.anchorglass.com

Electrical Components International, Inc., Director
Electrical Components International (“ECI”) is the world’s leading manufacturer of wire harnesses and value-added assembly services for consumer appliance and specialty-industrial applications. ECI has over 800 customers globally and its products can be found in a wide variety of electronic and electro-mechanical applications, including home appliances, agriculture and construction, heating, ventilation and air conditioning (HVAC), specialty transportation, automotive, commercial appliance, and commercial electronics.
www.ecintl.com

Expera Specialty Solutions, LLC, Director
Expera Specialty Solutions, LLC ("Expera") is the leading North American manufacturer of specialty paper products for use in the tape, pressure-sensitive release liner, industrial and food packaging segments.  Expera's manufacturing platform includes machines at four mills located in Rhinelander, WI, Mosinee, WI, Kaukauna, WI and De Pere, WI.
www.experaspecialty.com

Heritage Home Group, LLC, Director
Heritage Home Group is a world leader in designing, manufacturing, sourcing and retailing home furnishings.  The company markets products through a wide range of channels, including company owned Thomasville retail stores and through interior designers, multiline/independent retailers and mass merchant stores.  Heritage Home Group serves its customers through an unparalleled collection of the furniture and design industry’s leading brands, including Thomasville, Broyhill, Lane, Drexel Heritage, Hickory Chair, Henredon, Pearson, Lane Venture, Maitland-Smith and LaBarge.
www.thomasville.com
www.broyhillfurniture.com
www.lanefurniture.com
www.drexelheritage.com
www.hickorychair.com
www.henredon.com
www.pearsonco.com
www.laneventure.com
www.maitland-smith.com
www.labargeinc.com

International Equipment Solutions, LLC, Director
International Equipment Solutions, LLC ("IES") is a global engineered equipment platform serving the construction, agriculture, landscaping, infrastructure, recycling, demolition, mining, and energy markets. IES operates through six operating units, including Paladin, Genesis, Pengo and Jewell, all of whom are leading manufacturers of engineered attachment tools for operator driven equipment, Crenlo, a leading North American manufacturer of cab enclosures for operator-driven equipment as well as specialty electronic enclosures, and Siac do Brasil, the leading supplier of heavy equipment cab enclosures and locomotive sub-assemblies in the South American market. IES’ customers include major OEMs, national rental fleet companies and hundreds of independent and OEM-aligned dealers. Headquartered in Oakbrook, Illinois, IES operates 15 manufacturing facilities in the United States, Germany, and Brazil. IES employs approximately 2,500 associates worldwide.
www.iesholdings.com
www.paladinbrands.com
www.crenlo.com

Motor Coach Industries, Inc., Director
Motor Coach Industries, International, Inc. (“MCI”) is the leading manufacturer of intercity coaches in the U.S. and Canada. MCI builds expertly engineered, best-selling models for the tour, charter, line-haul, commuter and transit markets. MCI also offers 24-hour technical support, industry-leading technician training and the most extensive aftermarket parts and repair service. MCI has a strategic partnership with Daimler in North America, whereby Daimler owns a minority equity position in MCI and MCI is the exclusive distributor of Daimler’s Setra motor coaches and aftermarket parts. Headquartered in Schaumburg, Illinois MCI operates two manufacturing facilities in Winnipeg, Manitoba and Pembina, North Dakota, as well as seven sales centers and eight service centers in North America. MCI employs approximately 1,500 associates across North America.
www.mcicoach.com

United Copper Industries, Inc., Director
United Copper Industries, Inc. (“UCI”) is a leading manufacturer and distributor of building wire and cable used in the construction of industrial, residential and commercial buildings in the United States and Canada. United Copper manufactures all major types of 600-volt building wire and cable used in both residential and commercial construction, including Thermoplastic High Heat Resistant Nylon (“THHN”) wire, Thermoplastic Flexible Fixture Nylon (“TFFN”) wire, Non-Metallic (“NM-B”) cable, Underground Feeder (“UF-B”) cable, Metal-Clad (“MC”) cable and Bare wire. Building wire serves as the essential conduit to carry electrical current to all external uses of power in a building or dwelling. All UCI products are Underwriters Laboratory approved and listed. UCI is a leader in green technology by manufacturing lead-free products and powering its facility with over 40% renewable energy. United Copper sells its products through prominent national, regional and local electrical distributors across the country. Headquartered in Denton, Texas, UCI where it operates a manufacturing facility. UCI employs approximately 200 associates.
www.unitedcopper.com

Waupaca Foundry, Inc., Director
Waupaca Foundry, Inc. ("Waupaca"),the largest iron foundry company in the world, produces gray and ductile iron castings using state-of-the-art technology. Waupaca is North America’s leading supplier of iron castings to the automotive, truck, agriculture, construction, hydraulics and commercial vehicle markets. Headquartered in Waupaca, Wisconsin, the Company operates six manufacturing facilities, located in Waupaca, Wisconsin (3), Marinette, Wisconsin, Tell City, Indiana, and Etowah, Tennessee. Waupaca employs approximately 3,500 associates.
www.waupacafoundry.com

In addition, Mr. Psaros previously served on the Board of Directors of 18 former KPS portfolio companies, including as Chairman of six.

Previously, Mr. Psaros was an investment banker with Bear, Stearns & Co., Inc.

He received a B.S.B.A. in Finance from Georgetown University and attended Sophia University in Tokyo, Japan.

In April 2013, 
Mr. Psaros and his spouse created The Robin and Michael Psaros Endowed Chair in Business Administration at Georgetown University’s McDonough School of Business, where Mr. Psaros presently serves as Vice Chairman of the Executive Board of Advisors.  He also serves on the Board of Advisors of the Georgetown University Center for Financial Markets and Policy.


Michael Psaros in the News:

» Michael Psaros of KPS Capital Honored as HABA Executive of the Year
The National Herald - May 10, 2014

» Profile of Michael Psaros, Hellenic American Bankers Executive of the Year
The National Herald - May 3, 2014

» Heard Off the Street: Psaros based his career on a bold experiment
Pittsburgh Post-Gazette - February 16, 2014

» KPS Fund IV Closing
CNBC Squawk Box - April 15, 2013

» Private Equity International – “Finer China - The KPS turnaround of Waterford Wedgwood”
Private Equity International - March 23, 2012

» “Day Of Reckoning Is Coming”
Wall Street Journal - January 26, 2011

» “KPS Wrings Out Returns By Focusing on Operations”
Private Equity Analyst - January 1, 2011

» “Debt Done Gently”
Institutional Investor Magazine - October 2010

» "KPS Capital Partners...
Making Things Happen in Turnaround Investing"

ABF Journal - March 2010

» "KPS Capital not worried about big war chest"
BUYOUTS - November 30, 2009

» "The friendly barbarian"
Financial Times - March 2009

» "Merger & Acquisition Magazine cover story interview with Michael Psaros"
Mergers & Acquisitions - February 2009

» "The Time is Now: Economic Downturn Brings Opportunities"
The Journal of Corporate Renewal - November 2007

» "The New Private Equity Toolbelt"
Mergers & Acquisitions - November 2007

» "Why the private equity bubble is bursting"
FORTUNE - August 20, 2007

» "5 Questions with Mike Psaros"
Private Equity Week - May 28, 2007

» "How Financiers Pursue Profit At Skidding Auto-Parts Maker"
Wall Street Journal - December 21, 2006

» "Roundtable: The Bears Speak"
BUYOUTS - July 24, 2006

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