NN, Inc. names veteran consultants to board of directors

Industrial manufacturing powerhouse NN, Inc has named Christina Carroll and Tom Wilson to its board of directors. Both Carroll and Wilson are veteran consultants who bring with them a varied wealth of knowledge of and experience in various industries. They join NN as independent directors. 

"We are delighted to welcome Christina and Tom, both highly-qualified directors, to NN's board,” Robert Brunner, non-executive chairman of the board, said. “Together, they enhance our board's expertise in transactions, finance, capital markets, and governance, which we believe will benefit NN as we complete our review of strategic alternatives and continue to execute on our strategic plan."

"I am pleased to welcome Christina and Tom to NN's board and look forward to working closely with them during this next phase of our strategic evolution,” Warren Veltman, interim president and NN CEO, added. “I look forward to benefiting from their experience as we continue to build on our efforts to enhance performance and improve free cash flow generation to accelerate our ability to de-lever while also making investments in areas that have the highest potential return." 

Carroll is managing director of valuation and transaction opinions at Stout Risius Ross, LLC, as well as the Los Angeles office leader. She has more than 30 years of experience in finance, valuation, strategy, capital markets, restructuring, and mergers and acquisition. Before Stout, she worked as director of financial advisory services at Houlihan Loukey, Inc. She has also served in several managerial positions at Big Four firm EY. She holds a bachelor’s degree in business economics and an MBA from UCLA.

"I am excited to join the NN board at this important moment in the company's history,” Carroll said. “I look forward to working closely with the entire board and management team to advance NN's strategic growth plan and strengthen its position as a leading diversified industrial company.

Wilson, meanwhile, is a managing director at boutique investment bank DecisionPoint Advisors based in Charlotte, North Carolina. Before that, he served as chairman and CEO of analytics software company NuTech Solutions, where he focused on raising equity, debt financing, and leading efforts to sell the company to a strategic buyer – an effective plan, as NuTech was eventually acquired by Netezza. ­Wilson also served as president consulting and systems integration firm Osprey, and worked at IBM for more than a decade. He holds a bachelor’s degree in finance from Clemson University and an MBA from Duke University.

"I am looking forward to helping guide NN in its continued evolution. I am pleased to join my fellow directors and the management team in helping NN execute on the exciting opportunities ahead,” Wilson said.

NN is headquartered in Charlotte, but has 50 facilities in North America, Europe, South America, and China.