Michael Franks has been an operator for 25 years in various businesses such as: logistics, food distribution, high tech enterprises in silicon valley, ambulance transport and many more. He has completed many business restructurings. He has been involved with taking companies public as well as buying, restructuring, and selling companies.
In his spare time Michael has been an adventure racer competing in multiple eco-challenge adventure races, ironman triathlons, marathons and is an avid alpine skier.
Michael has an undergraduate degree in Economics from Queens University in Kingston, Ontario and an MBA from Trinity CollegeDublin, Ireland and has completed the Corporate Restructuring M&A course at Harvard Business School (Executive Education).
Michael DiMino began his career in the healthcare industry selling medical devices for American Hospital Supply Company. From there, he moved to United Health Care Company, where he was on the forefront of developing HMOs and led operations for the Eastern United States. His track record of value creation continued at Uniforms to You, a private, family-owned company where he grew revenue from $20 million to $200 million. The family, never expecting the company to grow so large, asked Michael to coordinate a sale process, resulting in the business being acquired by Cintas Corporation in its largest acquisition to date. Cintas then asked Michael to serve as chief operating officer, which he did for the next four years.
Michael was then recruited to serve as president and CEO at LESCO (NASDQ), the nation’s largest public lawn and landscape supply company. In less than three years, DiMino nearly tripled the stock price, rationalizing manufacturing facilities, and increasing retail outlets generating growth revenue of more than $80 million, and cost saving of more than $1 million annually. These results ultimately led to the sale of the company to John Deere, creating yet another successful exit for shareholders.
After working with private equity firms including Morgenthaler, Michael moved to Arizona in 2010 to join Rural/Metro Corporation (RURL) as CEO and president, where he sold the company to a private equity firm, raising share price from $6.66 to $17.25. Asked to stay at the helm of the now private company, Michael’s leadership and teambuilding helped boost annual revenue from $535 to $750 per year and EBITDA from $69 million to $90 million driven by success in three major acquisitions and organic growth.
Michael DiMino currently serves on three private equity-backed corporate boards and has volunteered on several charity boards and organizations including Banner Health Foundation, Cleveland Sports Commission, Boys and Girls Clubs of Greater Scottsdale, parish council and several Catholic charities such as outreach programs for the homeless and unmarried mothers. He is a member of Young Presidents Origination. (YPO)
Michael grew up in Boston and completed his B.A. at Marquette University.
James Eaton is the President of Weatons Holdings, a Canadian private holding company. James has been active in the founding, growth and divestiture stages of Weatons portfolio companies across a wide variety of industries. His responsibilities at Weatons include overseeing numerous private investments and a portfolio of listed securities. James serves on the boards of JC Clark, Defyrus, Dream Hard Asset Alternatives Trust, Syncordia Technologies and Healthcare Solutions and Ceviche.
James also serves on the boards of the Canadian Art Foundation, the True Patriot Love Foundation, and is a trustee of the John David and Signy Eaton Foundation.
James holds a B.A. from the University of Colorado at Boulder.
In 2012 James was awarded a Queen Elizabeth II Jubilee Medal honouring significant contributions and achievements by Canadians. He resides in Toronto with his wife Cecily and their two children, Olivia and Charles.