Tim Butler

I have known Tim and his firm, MeritBSC, since the 1980's. He is a valued professional colleague. Recently, working with the large British-based global bank, HSBC Holdings, I asked Tim to lead a Board Of Trustees Planning Meeting, where his speaking and organizational skills were in evidence.

With an Office Products Technology company, dictaphone, Tim and I worked with the CEO and senior management team on a series of business strategy and operations projects over the course of four years. The series of projects involved operating issues among each of the six divisions of this national and international company, along with communications presentations to the Board of Directors, banks, senior management team, and national sales forces.

Another shared client, Global Engineering & Construction Firm, luor Corporation, called on Tim and I to advise them through a large, multi-billion dollar write-down. Tim's work was so highly valued that MeritBSC continued to work with Fluor on a series of strategy, policy, valuation, acquisition and divestiture projects.

A long-time friend and CEO of a large Southern California Savings Bank, Imperial Corporation (ICA), which is now part of JP Morgan Chase, hired Tim to refine their business strategy and turnaround efforts. He would tell you that Tim's work contributed to a $200 million plus, bottom-line performance turnaround.

At a pioneering conference on Shareholder alue, I invited Tim share his experience in working with companies to enhance their performance and valuation. Tim brought superb business analytics and overall value-add to this conference, and to all of these collaborations.

As a client, and having worked with Tim, I can tell you that the quality of his work is excellent -- technically and financially, his work is exceptional.

Tim has a good analytical mind, looks at the situation objectively, provides useful, tangible results, and he sticks to the budget. His personal attention and availability have always been consistent and timely, especially when it comes to presentation deadlines for management and Board meetings.

I retained Tim on several projects when I was a Senior Vice President at Bank Of America on the retail side, running electronic banking and card products.

When I moved to Imperial Savings, a large -200 branch California savings bank, I brought in Tim, and he worked with me, our senior management team and our CEO for three years on a difficult turnaround situation. Tim did an excellent job and was instrumental in a Board decision for branch consolidation. Tim's focus on profitability analysis and marketing changes were significant contributors to our $200 million profit turnaround.

Tim's counsel, advice and work have also been helpful to me at Great American Bank and Campus Link. Tim works well within an organization; he understands people and personalities, and he knows how to get things done.

As you can tell, I'm up" on Tim and his firm, MeritBSC.