Paul Abramowitz is a business strategist with 25 years of corporate leadership experience. Mr. Abramowitz is a certified CPA and obtained his MBA at the University of Southern California. Since 2008, he is managing Director of Minerva Group, LLC., a consulting and private equity firm. From 1991 to present, he is a Principal for Special Investments, Inc., a Seattle based consulting agency, with special emphasis on providing operational and financial strategy for financially distressed companies.
Mr. Abramowitz previously (1983) was President and CEO at Infa Inc., a Las Vegas based products company, where he tripled sales by developing the core product and then wholly restructured operations, marketing and distribution.
In 1988, he became President and CEO of Western Costume Co. in Los Angeles, the #1 theatrical costume company in the world. Under his leadership, the business was elevated to substantially positive operating cash flow and the company was positioned to hold long‐term industry dominance.
From 1991 until 1995, Mr. Abramowitz acted as Chief Restructuring Officer of DAK Industries, a $250 million direct marketing association in Chapter 11 at that time. He raised gross margins (+23%) for the company through implementing a purchasing and warranty strategy, enhancing the core competencies of the staff, and implementing a tax and litigation strategy. In 1995, Mr. Abramowitz joined National Claims Management Corp. in Encino, CA as Principal. While with the company, it established to penetrate the multi‐million dollar class action settlement script market. He established a direct marketing campaign to purchase settlement coupons from corporations and resell them to a leasing company for lucrative profits. As a result of this business, the terms of class action settlements were changed to eliminate this opportunity.
Paul Allan and Vulcan Inc. retained Mr. Abramowitz in 2003, to become CEO at Experience Learning Communities, based in Seattle. Mr. Abramowitz was asked to develop and implement a strategy to reduce operating losses and install internal controls in order to achieve a corporate culture change and enhance the level of community involvement. Mr. Abramowitz was able to slash expenses by 40%.
From 2006 to 2008, Mr. Abramowitz was President and CEO of Neah Power Systems Inc, where he financially revived the organization after shutdown and engineered a reverse merger to provide $2.5 Million in private placement funding in just the first 90 days and raised an additional $10 million through a second offering and “Pipes”.
Mr. Abramowitz also served as Board Member for The Technology Alliance (Seattle, VA) and as President of Young Leadership, Israel Bonds in Los Angeles. He is also a member of Certified Public Accountants.