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JAMES E. WHITSITT

STATUS:              Present activities: Providing funding, finance-leasing and business consulting services for Projects; also providing consulting and management expertise for companies, expansion, and expansion of projects.  Offering extensive knowledge in heavy equipment-plant sales or financing on an international basis.  Experience includes: sourcing partners, JVs, Funding for Projects on an international level, consulting evaluation for acquiring or selling businesses. He is accomplished in the establishment, development, administration, and operations of companies, mergers and acquisitions.

EXPERIENCE

1986 - Present         Whitsitt Investment Network. Founder and Principal of win-1@swbell.net.  A consulting service for businesses in need of business skills including: expertise in the acquisition/sale of businesses; consultation for principals and investors regarding equity participation in new ventures; financing or restructuring of loans for businesses; sourcing bridge, expansion, venture capital, and credit enhancements. Other related business consulting services for the entrepreneur.

1989 - Present         Global Equipment & Finance. Founder. international equipment, finance & trading services. Global was established due to the vast experience in the equipment and finance business.  Global has specialized in the refinery business selling equipment, plant components,  products, and services in the US and overseas.  Very knowledgeable in refinery equipment; plants, machinery and heavy equipment on an International basis.  Global has major contacts and sources in the heavy equipment field and offers procurement and sales on an international market basis.

1983 - 1986             Laidlaw Industries of Dallas. CEO. Responsible for administration including overall policies and service procedures. Unified merger transition, selected and acquired new equipment, and improved method of operating procedures. Handled Acquisitions in local Region. Developed new marketing strategies. Trained new Sales Manager and sales staff. Sales of $6M plus obtained. Fulfilled 5 year non-compete agreement. 

1980 - 1983             First Bank of Balch Springs.  (FBBS)  Co-Trustee / Co-Founder, and Director. Co-arranged the investment capital and financing of $3.5 Million for the acquisition of FBBSs. Served on the Loan Committee and as  Chairman of the Development Board  of First Bank-Balch Springs.

1983 - 1987             Central Banc Holding Company. Co-Trustee / Co-Founder, and Director. Position. Chairman of Development Committee. Co-Organized, developed holding company that purchased FBBS & CNB. Activities: Involved on several committees including the Board, the Executive and Loan Committee, and as Director for all Central Banc Subsidiaries. Responsibilities included expansion capital and the re-capitalization of the Central Banc Holding for $5.3 Million in 1984.

1983 - 1986             Central National Bank. (CNB) Charter Member, Founder, Director. Chairman of the Development Board. Co-organized and arranged investment capital funding and financing of $3 million for capitalization of CNB. Organized and acted as Chairman of the Development Board.  Served on the Loan Committee.

1980 - 1983             Distinctive Design. CEO. President. Principal Shareholder. Director. Developed mail order company and developed sales from $30,000 to $2.3 million per year.  Company was acquired in 1983.

1977 - 1987             Blossom's "Eating and Drinking Establishment. CEO., President and treasurer. Founder. Established locations in Dallas, Fort Worth, and Arlington. Originated and developed three operations. Directed financing, administration, and general operating policies of company.   Blossom's developed from start-up to $2.4 Million in gross revenues in five (5) years. Company Units were purchased in 1985-86-87.

1976 - 1978             Area Industrial Maintenance, Inc. CEO. and President. Founder. Built Janitorial business from start up.  Company was acquired in 1978.

1975 - 1979             Area Roll-Off, Inc.  Co-Founder of a heavy construction and roll off industrial waste management company. CEO. Director. Responsible for administration, finance, routing, shop  and operating policies. Merged with Area Industrial Disposal Services, Inc. in 1979.

1973 - 1983             Area Industrial Disposal Services, Inc. Co-Founder CEO. Director.. Responsibilities included operations, financial, policy procedures, and marketing. Developed the company from start-up to gross sales of $3.5 million per year through expansion and acquisitions, establishing the fourth largest waste management collection and disposal operation in Dallas. Acquired by "Laidlaw Industries," a public company in June, 1983.

1973 - 1980             First Continental Bank; Founding member and shareholder of original investment group.  Served on Board of Directors.  Acquired by Allied Bank shares in 1980.

1972 -1973              B.F.I. Dallas, Texas. CEO. President. Director of Dallas Operations. After being acquired, responsible for transition, administration, policies, procedures, sales and customer relations of Dallas operation during merger transition. Made acquisitions, purchased and integrated new equipment, upgrades and office-shop operating policies, trained new management and sales personal.  Retired and left Company in 1973.

1962 - 1972             Dalco Industrial Disposal Service, Inc.; Dallas, Tex. Founder, CEO and President. Director. Established and developed waste management collection, disposal and contracting Company. Responsibilities included finance, management, acquisitions, purchasing, and marketing. Increased revenues from a start-up" capitalized with only $40 to generating gross revenues of $1 million plus per year.  Through growth, expansion and acquisitions established the third largest waste management company in Dallas/Fort Worth metropolis over a 10 year period. Dalco was acquired and merged in with "Browning-Ferris Industries," (B.F.I.) a public company in late December, 1972.

SPECIAL ACTIVITIES

Loan Committee, First Bank of Balch Springs.
Loan Committee, Central National Bank.
Chairman of the Development Board, First Bank of Balch Springs.
Chairman of the Development Board, Central National Bank.

Co-Inventor, The APT. Retort Process.

Founder of  several Waste Management Companies.

Consulting:  Business Capital Requests. Venture Investments

DIRECTORSHIPS

1962 - 1972                     Dalco Disposal Service, Inc.
1973 - 1977                     First Continental Bank.
1975 - 1978                     Area Industrial Maintenance, Inc.
1976 - 1979                     Area Roll-Off, Inc.
1974 - 1984                     Area Industrial Disposal Services, Inc.
1977 - 1987                     Blossom's, Inc.
1980 - 1983                     Distinctive Designs.
1980 - 1986                     Central Banc Holding Company.
1980 - 1985                     First Bank of Balch Springs.

1982 - 1985                     Central National Bank of Dallas.

1989 - 2006                     ATOR Systems, Inc.

PRESENT/FORMER MEMBERSHIPS & CIVIC ACTIVITIES                                       

Whos Who. Dallas Athletic. Club       East Dallas Chamber of Commerce
Bent Tree Country Club                         500 Club Sponsor                                 
Calyx Club                                            Oak Cliff Lions Club
Dervish Club                                         National Solid Wastes Management Asso.         

National Finance and Brokers Ass.         National Leadership Award.

BSA

EDUCATION

High School:   Sunset High School, Dallas, Texas, Graduated 1961

College:  University of Texas at Arlington

Other Training:  

1.       Real Estate Courses for License. Sales Training Courses.

2.       Military. Engineering Group.

3.       Management and Leadership Training.  BSA

4.       Woodbadge Training. BSA

 

MILITARY:

 
1962-1968. Served 6 years in the U.S. Army Air National Guard achieving the rank of Sergeant.  Awarded  an Honorable Discharge in 1968.

Special Training:  Aircraft.  Military Badge:  Expert Marksman.

FAMILY STATUS

Proud father of three college age children: Mallary; James E. III; and Austin Nash.

OUTSIDE ACTIVITIES.

Assistant Scout Master Troop 890. BSA Scout Activities, Camping, Hiking, Hunting, Fishing, Sailing, Racket Ball.  Coaching BB. All activities involving my children.

REFERENCES ON REQUEST.

Contact: James. E. Whitsitt

Web Site:  www.globalequipmentandfinance.com / Telephone:  214-321-9044.   /   Fax: 214-321-5304

E-mail:  James.whitsitt@globalequipmentandfinance.com