Frank brings over 30 years of operating and executive leadership to Renovo as an Industry Partner focused on the Sensor and Industrial IOT sectors. Most recently, Frank served as President/CEO and Director of Measurement Specialties, Inc (NASDAQ: MEAS), a designer/manufacturer of embedded sensors and sensor-based systems. At MEAS, Frank orchestrated a successful out-of-court restructuring earning TMAs turnaround-of-the-year in 2004.
He subsequently remained at the helm of MEAS and led a decade long expansion program, growing revenue from $40 million to $600 million over 10 years. Frank completed 24 acquisitions and deployed $450 million of capital within the embedded sensor sector, compounding earnings over 20% annually during that period. Frank exited in October 2014 following the successful sale to TE Connectivity (NYSE: TEL) at $86 per share, creating approximately $1.7 billion of incremental equity value under his leadership.
Prior to MEAS, Frank was a Founding Partner and Managing Director of CRP, a Dallas-based turnaround/restructuring firm, along with Four Corners Capital, a boutique investment/advisory firm, and spent 13 years in management consulting with Andersen Consulting and George Group, Inc. Frank received a B.S. in Mechanical Engineering from The University of Texas at Austin.
Frank currently serves on the board of Otodata Wireless, Rochester Sensors and Summit Casing Equipment.