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MorrisAnderson Promotes Michael J. Musso to Vice President of Strategic Accounts | News | MorrisAnderson
CHICAGO, IL--(Marketwire - May 18, 2010) - MorrisAnderson announced today that it has promoted Michael J. Musso to the position of vice president of strategic accounts, effective immediately.
In this role, Musso will lead the financial and operational advisory firm's business development practice and further grow its relationships with the nation's leading banks and law firms.
Musso joined MorrisAnderson as a managing director in the firm's Atlanta office in 2009 and has more than 20 years of experience as a senior executive overseeing turnarounds, organizational change, mergers and acquisitions within a wide range of industries.
During his time with MorrisAnderson, he successfully oversaw the turnaround of a century-old cosmetics company while serving as interim CEO and CRO.
leadership, the company returned to profitability and was sold in a 363 sale, saving more than 400 jobs.
Additionally, Musso led the turnaround and refinancing of a $100 million hardware distribution company and worked on an international assignment in the automotive industry in Sweden.
"Since joining the firm, Mike has established a solid track record in leading distressed companies into calmer waters and enabling them to realize their full enterprise value," said Dan Dooley, principal and chief operating officer of MorrisAnderson.
Prior to joining MorrisAnderson, Musso spent more than a decade serving as president and CEO of multiple middle-market companies under private wealth sponsorship.
During this time, he spearheaded mergers and acquisitions, as well as led turnaround operations and executive team development in the wine, education, consumer products and telecom industries.
career with Fortune 500 giants Procter & Gamble, Pepsi Cola and Frito-Lay, where he
developed a solid foundation in sales leadership, marketing, operations and distribution.
Musso has a bachelor's degree in communications from the University of Tennessee.
He also serves as an advisor to the University of Tennessee's MBA CPG "Boot Camp" program and has presented at the University's MBA Executive in Residence program.
In addition, Musso is a member of the Turnaround Management Association and the American Bankruptcy Institute.
Vice President Strategic Accounts
Managing Director - Southeast
PR South | » Client Summit Industries Names Mike Musso CEO
Atlanta, Georgia (Sept. 25, 2013) - Summit Industries, manufacturer of luxury consumer products Lexol, Lantiseptic, and Creomulsion, has named Mike Musso President and Chief Executive Officer.
One of the oldest privately held companies in Atlanta, Georgia, Summit Industries
produces and distributes top-of-market solutions in leather and vinyl care and cleaning; incontinence and skin care; and over-the-counter cough relief.
The company is positioning itself for growth with hiring of Musso
, who brings more than 30 years of senior operations in leading and building companies as CEO, financial advisor and Chief Restructuring Officer.
He has a "blue chip" consumer products foundation having served in leadership roles with Procter & Gamble, Pepsi Cola, and Frito-Lay.
"My experience with top-tier household brands has created an in depth understanding of how innovation drives company growth, shareholder value, and consumer satisfaction," said Musso
has an excellent reputation, strong products with significant consumer loyalty, and the drive and ability to expand and grow."
will focus on the total consumer experience, from how Summit Industries products
are used and how the packaging works for the best consumer experience to disposal and the packaging's impact on the environment.
will also be transitioning some of Summit's
most popular products including Lanisceptic into broader retail markets.
A key focus will be to build a company culture of "peak performing people and products."
"We want to truly connect with our employees, customers, and consumers," Musso
"Our goal is to exhibit pride and passion internally that will be reflected externally in our products and customer service."
Musso comes to Summit from Cosmetic Specialities International, a leading global manufacturer of cosmetic and personal care product packaging where he served as President and CEO.
He formerly led the Consumer Package Goods Practice at MorrisAnderson & Associates, one of the top middle market consulting firms in the U.S.
He was awarded "Turnaround of the Year" by the Turnaround Management Association for his work with Cosmolab, a 100-year-old cosmetic and skincare products company.
"Summit Industries has been successful over the last 90 years but we have never had a CEO with the experience of Mike Musso," said Ben Johnson III, Chairman of the Board of Directors of Summit Industries.
Mike Musso, the new CEO of ...
Mike Musso, the new CEO of Marietta-based Summit Industries, which makes Creomulsion - an over-th...
Cobb Business Journal. A Publication of the Marietta Daily Journal
But if the vintage cough syrup happens to be a big seller via Amazon and other 21st-century channels, this comes as no surprise to Mike Musso, the new CEO of Marietta-based Summit Industries, which makes Creomulsion and a host of other consumer packaged goods (CPGs).
"The bottom line about Creomulsion is, it flat-out works," said Musso
, who joined the company in September.
"It is a high-performing, high-satisfaction product that people trust."
Fundamentals like product quality, packaging appeal and marketing savvy have always driven success in the CPG business, but rapid change also means older brands like Creomulsion must adapt to the times, Musso
After all, when a Griffin pharmacist concocted the cough syrup back in the 1920s, eco-friendly packaging was not exactly on consumers' minds.
"Today, we have the most educated consumers in the world," Musso
"They're asking if the content is recycled or if the plastic is biodegradable.
We're taking this into account as we position Summit's
brands for further growth."
The 65 full-time employees at Summit Industries'
Marietta headquarters make and distribute 13 consumer product lines and 75 different SKUs - a wide array of products sold at food, drug, mass-market, automotive and institutional retailers alike.
As CEO, Musso aims to ramp up brands such as Lexol, Lantiseptic, Creomulsion and Boroleum by applying lessons learned from his 30-year career in CPG.
, I learned the nuts and bolts of packaging, which had been the missing link in my CPG background," Musso
Over the years, Musso
has photographed ancient temples in Nagano City, Japan; a birthday party in Cienfuegos, Cuba; and even the treasures of the Vatican.
"My first cousin is the Archbishop of Malaysia," he
"So we were able to stay in his
apartment at the Vatican and to experience some unique things that not many people get to see."
wife, Kim, who have five children, are also passionate about early childhood education.
They own a Primrose School
in Alpharetta, and Musso
helped found one of the country's largest online education companies, Childcare Education Institute
A graduate of the University of Tennessee, Knoxville, Musso even does some teaching himself as part of the school's annual CPG "boot camp" for MBA students.
Typically, the students quiz him about the keys to success in CPG.
"I tell them it has got to be the highest-quality product, but that you also need strong leadership and strategy," Musso
"Leadership sets strategy, hires the highest level talent, and invests time in employees to build competency.
Results can't come, though, until there is a culture built on relationships and trust.
Simply put, that means always doing the right thing for employees, customers and consumers."
Cobb Business Journal. A Publication of the Marietta Daily Journal
Mike Musso, the new CEO of Marietta-based Summit Industries, which makes Creomulsion - an over-the-counter cough syrup - and a host of other consumer packaged goods (CPGs).