ATLANTA (November 3, 2006) – Kent J. Hussey, president and chief operating officer of global consumer products company Spectrum Brands, has joined the advisory board of Nancy Creek Capital, an Atlanta-based $50 million mezzanine and equity investment fund.
Mr. Hussey’s operational and financial expertise helped transform Spectrum Brands, known until 2005 as Rayovac Corporation, from a $400-million domestic consumer battery company into a $2.5 billion diversified global consumer products company.
“Kent’s extensive experience will be a huge benefit to Nancy Creek Capital,” said Nancy Creek Capital principal Ed Sims. “He has deep knowledge of both sides of the equation – he has successfully accessed debt and equity capital to fund growth, and he has a great track record of investing in and operating businesses.”
Prior to joining Rayovac as chief financial officer in 1996, Mr. Hussey served as executive vice president of finance and CFO of ECC International, a global producer of industrial minerals and specialty chemicals. He directed expansion programs in Far East, Australia and New Zealand to capture emerging business opportunities.
Mr. Hussey has prior experience in a variety of business sectors, including aerospace, automotive and electronics. He was vice president of finance and CFO of The Regina Company, president, COO and CFO of Astechnologies, and has held financial management positions for The Conair Group, United Technologies Corp., Fairchild Industries Corp. and Grumman Aerospace Corp.
Mr. Hussey earned his bachelor’s degree in psychology from the University of Rochester and his Master of Business from the Stern School of Business at New York University.
About Nancy Creek Capital
Nancy Creek Capital’s $50 million mezzanine and equity investment fund is a strategic partner to commercial banks in meeting bank customers’ needs for growth, recapitalization and acquisition capital and for real estate project financing. The Nancy Creek Capital investment fund is a provider of subordinated debt and equity for small to middle market companies and real estate projects primarily in the Southeast region. The Fund is managed by The Branch-Shelton Company, LLC. For more information, visit www.nancycreekcapital.com.
Mr. Hussey’s operational and financial expertise helped transform Spectrum Brands, known until 2005 as Rayovac Corporation, from a $400-million domestic consumer battery company into a $2.5 billion diversified global consumer products company.
“Kent’s extensive experience will be a huge benefit to Nancy Creek Capital,” said Nancy Creek Capital principal Ed Sims. “He has deep knowledge of both sides of the equation – he has successfully accessed debt and equity capital to fund growth, and he has a great track record of investing in and operating businesses.”
Prior to joining Rayovac as chief financial officer in 1996, Mr. Hussey served as executive vice president of finance and CFO of ECC International, a global producer of industrial minerals and specialty chemicals. He directed expansion programs in Far East, Australia and New Zealand to capture emerging business opportunities.
Mr. Hussey has prior experience in a variety of business sectors, including aerospace, automotive and electronics. He was vice president of finance and CFO of The Regina Company, president, COO and CFO of Astechnologies, and has held financial management positions for The Conair Group, United Technologies Corp., Fairchild Industries Corp. and Grumman Aerospace Corp.
Mr. Hussey earned his bachelor’s degree in psychology from the University of Rochester and his Master of Business from the Stern School of Business at New York University.
About Nancy Creek Capital
Nancy Creek Capital’s $50 million mezzanine and equity investment fund is a strategic partner to commercial banks in meeting bank customers’ needs for growth, recapitalization and acquisition capital and for real estate project financing. The Nancy Creek Capital investment fund is a provider of subordinated debt and equity for small to middle market companies and real estate projects primarily in the Southeast region. The Fund is managed by The Branch-Shelton Company, LLC. For more information, visit www.nancycreekcapital.com.