ARGUS CORPORATION - Key Persons


Debra Makos

Job Titles:
  • Senior Consultant
Debbie Makos has over twenty years of senior accounting/financial management experience. Her strengths include asset-based borrowing, cashflow management, budgeting/forecasting, FP&A and treasury management. She has worked as a CFO, Director of Treasury, FP&A and Special Projects in manufacturing operations. She has participated in bankruptcy avoidance, emergence, company sale and acquisitions. She has implemented various operational CRP and accounting systems. She works in a collaborative fashion to develop and cultivate the knowledge of the staff that work with her. Debbie has an MBA and BS in Accounting from Rivier University, Nashua, NH.

Derek Flanagan - Managing Director

Job Titles:
  • Managing Director
Mr. Flanagan has over twenty years of senior financial and operational experience, much of it in turnaround/restructuring environments. Since joining Argus, he has participated in or led numerous turnaround efforts either as financial advisor or interim-CFO. Mr. Flanagan has significant experience formulating and executing restructuring plans both in and out of court. He often helps clients improve cash management, financial forecasting, and financial reporting. Mr. Flanagan's industry experience includes manufacturing, construction, real estate development, media, distribution, high technology, software, and retail. Prior to joining Argus, Mr. Flanagan spent time as the VP of Finance for Bizfon, Inc. as well as working for Grant Thornton, LLP. Derek is a Certified Public Accountant.

Frank Stone

Job Titles:
  • Senior Consultant
Frank has over 35 years of experience in organizations ranging from large world class manufacturing companies with consolidated revenue over $11 billion to startup companies. He has served in leadership roles including Financial Advisor, Board Advisor, President, CEO, COO, VP of Finance, and Division Controller in manufacturing, renewable and service organizations in High Tech, Medical Device/Orthopedic, Automotive, Construction, Childcare, Textile and Service industries. Prior to Argus, Frank led the following successful turnarounds:

Glenn Hetu

Job Titles:
  • Senior Consultant
Glenn recently left United Medical Systems (UMS) in Westborough, MA where he had several roles during his tenure including CFO and most recently, Senior VP of Physician Relations. He joined the company when it was very small and developed financial controls and continually improved financial and operating capabilities as the company grew revenue 15x, culminating in the recent sale of the company. In his most recent role, he provided financial and business development leadership to more than 100 different physician-owned entities, encompassing more than 1,000 physician investor/owner/operators. He also managed the administration of these entities through their life cycle including managing on-going investments, regulatory compliance, succession planning of physicians, and financial reporting. During Glenn's time and leadership at UMS, the company went through more than 10 M&A transactions on both the buy and sale side. Glenn is focused on providing Interim Controller/CFO services on a full or part time basis to small and middle-market clients in an effort to help them grow in a disciplined manner similar to his UMS experience. Glenn is a graduate of Providence College and resides in Upton, MA.  

James Coyle

Job Titles:
  • Senior Consultant
Mr. Coyle's background includes over 25 years of experience in corporate accounting, financial, and operations management. Jim has held multiple CFO roles, as well as being a COO and Controller. He has worked in both private and public companies, and for both non-profit and for profit entities. He has worked in high-tech, media, and human services industries selling into both commercial and government clients. Jim has a Bachelor of Science degree in Economics/Finance from Southern New Hampshire University and an MBA, with a concentration in accounting, from Bentley University.

John Haggerty - CEO

Job Titles:
  • Principal
  • Senior Managing Director
Mr. Haggerty, a principal of Argus, is a recognized leader in the restructuring and turnaround industry. Known for his hands-on style, he has led or participated in countless complex turnaround efforts during his 25+ years with the firm. In addition to guiding clients through long-term turnarounds, Mr. Haggerty has also led companies through the often necessary realities of bankruptcy, out of court restructuring, and asset divestitures. During his career, Mr. Haggerty has advised companies across a broad spectrum of industries ranging from professional services and software development to manufacturing, construction, and distribution.

Ken Keiffer - Managing Director

Job Titles:
  • Managing Director
Mr. Keiffer has thirty years of experience in organizations ranging from Fortune 500 technology corporations to start-up companies in healthcare, automotive, distribution, construction, pharmaceutical device, aerospace, telecom, and commercial real estate industries. He has served as CRO, CEO, CFO, VP of Corporate Development, and Manufacturing Manager and Advisor in domestic and international operations and has led system implementations for several organizations. With Argus, Mr. Keiffer led or participated in multiple turnaround and restructuring engagements. He often helps clients improve financial management and reporting. He also has had particular success working with clients to analyze operations and recommend methods to improve profitability and working capital efficiency.

Lawton Bloom - CEO

Job Titles:
  • Principal
  • Senior Managing Director
Mr. Bloom, a principal of Argus, has over 12 years of experience in restructuring and crisis management. With Argus, Mr. Bloom has advised over 75 clients across a wide range of industries. His engagements focus on transactions including refinancing, recapitalization, debt restructuring, and asset divestiture. He also frequently advises clients on liquidity management, creditor negotiations, and balance sheet restructuring and has served in interim executive roles. Mr. Bloom has also provided valuation analysis and expert witness services. Prior to joining Argus, Mr. Bloom lived in Beijing and worked in business development and operations for a US-based telecom company. He holds an A.B. from Princeton University and an MPA from Cornell University.

Martin Hopkins

Job Titles:
  • Senior Consultant
Mr. Hopkins has twenty years' experience in General Management, Operations, and Business Development. He has held a variety of positions including COO with companies ranging in size from $5 million to $200 million in the capital equipment, electronics, engineering services, wire & cable, giftware industries. Mr. Hopkins has helped companies improve profitability by revitalizing struggling operations and become more dynamic by implementing World Class and Lean Manufacturing Processes. Since joining Argus, he has led multiple operational turnarounds. His has also helped clients grow revenue, including leading a business to 20% sales growth, and has spearheaded M&A initiatives, including completing two acquisitions and two joint ventures. Mr. Hopkins holds an MBA and a B.S, in Engineering from Worcester Polytechnic Institute.

Michael Garvey

Job Titles:
  • Senior Consultant
Mike is an executive finance and operations leader with broad experience: Corporate Finance, Capital Raising, M&A, Complex Financial Restructuring, Operations Management, Controllership, Planning and Analysis, Supply Chain Integration and Business Process and System Management. Mike has over 15 years experience as a Chief Financial Officer for private and private equity backed companies. He is a results oriented manager, with a proven track record in leading teams, in both domestic and international environments. Experienced with high growth, turnaround and realignment situations in diverse industries including Military Defense, Technology, Consumer Products and Industrial Manufacturing. Scalable and entrepreneurial mindset: Providing financial and operational Leadership in high growth from Venture stage up to $750 Million in revenue. Mike began his career at Price Waterhouse Coopers, where he earned his CPA designation (inactive). Mike earned a Bachelor of Science in Accounting and Entrepreneurial Studies with a concentration in Sociology and Economics from Babson College, Wellesley MA.

Pedro Arellano

Job Titles:
  • Senior Consultant
Pedro Arellano is a bi-lingual financial management professional with over 15 years of financial advisory experience providing financial, operational, and performance improvement services to private and publically held companies, financial institutions, and private equity sponsors. During his 15+ years in financial consulting, Pedro has advised secured lenders and under-performing companies in complex debt restructurings and financings. Pedro has participated in both short-term and long-term assignments serving as Interim Chief Financial Officer, Interim Finance Director, or Financial Advisor. He has advised companies in a wide range of industries including health care, communication, manufacturing, heavy construction, retail, and transportation. Pedro received his Bachelor of Science degree in Accounting from Bradley University. He received both his CPA and CIRA designation while working at KPMG/Mesirow Financial Consulting. He is a member of the Turnaround Management Association and is fluent in both English and Spanish.

Rob Herrick

Job Titles:
  • Senior Consultant
Mr. Herrick has over 25 years of private and public sector leadership experience. He has served as Director of Operations, Director of Information Technology, Project Manager, Product Manager, and other managerial roles in information technology, healthcare, higher education, and hospitality industries. In his career, Mr. Herrick has planned, led, and managed system implementations, system integrations, and process improvement initiatives for several organizations across many functional business areas. His background includes extensive experience in tactfully challenging the status quo and driving strategic innovation to improve service delivery, reduce costs, and increase revenue through analysis, restructure, training, standards, controls, and technological improvement. With Argus, Mr. Herrick's role has primarily been as a project manager focused on the planning, coordination, and implementation of a variety of process improvement initiatives. Mr. Herrick attended Iowa State University where he studied hospitality management. He also has a degree in Electronic Engineering Technology from Technical Career Institutes. Additionally, he has professional certifications including Network Administration and Design - Columbia University, Microsoft Certified System Engineer - Microsoft Corporation, and a Project Management Certificate of Distinction - UC Berkeley Extension.

Steve Gallucci

Job Titles:
  • Senior Consultant
Mr. Gallucci has over twenty-five years' experience leading finance and back-office operations. He has worked with organizations from start-ups to multi-billion-dollar international companies. With deep experience as a CFO and overseeing IT and HR operations, Steve has worked with companies at every stage of development, from start-up to hyper-growth, through M&A, divestitures, and turnaround situations. Steve has worked in a variety of industries, including Saas-based tech companies, biotechnology, professional services, and healthcare. Steve holds an MBA from Cornell University and a Bachelor of Arts from Trinity College in Hartford, CT.

Thomas Doherty - CEO

Job Titles:
  • Principal
  • Senior Managing Director
Mr. Doherty, a principal of Argus, is a respected leader in the field of restructuring and turnaround management. Since joining Argus in 1986, Mr. Doherty has led over 200 engagements as advisor or interim CEO, CRO, COO or CFO. His clients have ranged in size from $20 million to $10 billion in revenues across a wide variety of industries. He is known for his direct approach, attention to detail and ability to work with company personnel to provide immediate value and results. In addition to participating in various turnarounds as an interim manager, Mr. Doherty has provided financial advisory services related to acquisitions, divestitures, equity placements and financial restructurings. He also worked with clients on strategic or sensitive projects such as executive separation and recruitment; litigation/arbitration/mediation of disputes, and investigation of financial improprieties. Mr. Doherty is a graduate of Suffolk University where he majored in Finance and Banking. He graduated Magna Cum Laude from the school of business management.

Thomas Quinn

Job Titles:
  • Senior Consultant
Mr. Quinn is a financial management professional with significant experience assisting public and private companies across a multitude of industries. With over 25 years in senior financial and operational roles, he is proficient at strategic and day-to-day financial management, cashflow management, merger integration, negotiations, and due diligence. Mr. Quinn has been directly involved in over $300 million of capital transactions through a combination of venture capital, debt, private equity and public markets. Tom held several senior level positions including CFO, VP and Controller where he has been responsible for finance, accounting, tax, operations, compliance, and human resources. Tom has successfully integrated and reorganized the financial and accounting operations of numerous acquired companies. He has also served as Vice President, Worldwide Controller and interim CFO at ATG (NASDQ: ARTG - acquired by Oracle) where he supported revenue growth from $4 million to over $160 million annually and played a lead role in the company's IPO. Prior to ATG, Tom spent seven years in public accounting where he received his CPA designation, most recently at PricewaterhouseCoopers assisting both public and privately held companies.

Thomas White

Job Titles:
  • Senior Consultant
Tom White joined Argus in 2011. During this time he has been involved with a multitude of engagements where his responsibilities centered around IT support functions, system implementations and database management. He is also experienced in financial analysis including cash and working capital management, cash flow forecasting & budgeting, tracking of operating metrics and litigation support. Tom has a wide range of industry experience including construction, manufacturing, telecommunications, retail and the healthcare sectors. He attended UMass Lowell where he studied computer science/engineering.

William Daw - Managing Director

Job Titles:
  • Managing Director