Miller hires former Navy Officer Lerchbacker as managing director

The Miller Group has named Alan B. Lerchbacker as managing director of the western region for its affiliate Miller Capital Corp. Previously, Lerchbacker served as president of Taylor Dunn and prior to that, worked for the U.S. Navy where he was an officer in charge of the Space Shuttle Challenger recovery operations. Headquartered in Scottsdale, Arizona, the Miller Group is a venture capital and private equity firm.

PRESS RELEASE

SCOTTSDALE, AZ–(Marketwired – Sep 12, 2013) – The Miller Group, (“MILLER”), comprised of affiliated companies Miller Capital Corporation, Miller Investments, Inc., and Miller Management Corporation, which provides venture capital, private equity, management consulting and advisory services. MILLER today announced they have added a key executive, Alan B. Lerchbacker as Managing Director, Western Region for Miller Capital Corporation.
Mr. Lerchbacker, in his capacity as Managing Director, Western Region, provides added depth in assisting MILLER’s middle market and emerging growth client companies with their business and financial objectives.
Mr. Lerchbacker has over 35 years of executive level management expertise as a business owner, senior executive, advisor to publicly held corporations and emerging growth companies.
Mr. Lerchbacker served 26 years as an officer in the United States Navy leading special operation teams in over 40 countries. He was the Officer in Charge of the Space Shuttle Challenger recovery operations, involving 127 divers, 33 ships and 3,000 personnel.
After retirement from the Navy, his private sector activities included serving as President of Taylor Dunn which was the largest producer of electric vehicles in the United States. He later served as CEO of Austal USA. He built this shipyard from 66 employees to over 1,200. Mr. Lerchbacker teamed with General Dynamics, Boeing, and Austal USA to win a $38 Billion contract to build Littoral Combat Ships for the United States Navy. He remains a shareholder of Austal.
He was Founder and CEO of Mattman Global, a leader in specialty vehicles utilized by the defense and security sectors for mobile solutions, medical, and audio-visual areas.
His most recent activity prior to joining The Miller Group was heading up the entity he founded, Global Enterprises; which has teamed with 32 private equity firms and venture capital groups to locate companies in their specialty areas. He will maintain his active consultant assignment with Cask, LLC, a woman owned disadvantaged small business service provider.
Mr. Lerchbacker is a graduate of the United States Naval Academy and currently serves as President of the San Diego Alumni Association. He obtained his Executive Masters in Business Administration from Claremont University, the Peter Drucker School of Business.
Rudy R. Miller, Chairman, President and CEO of The Miller Group of affiliated companies said, “Our firm’s financial reputation and business track record allowed us to selectively recruit Alan as a senior executive. I look forward to working side by side with him on behalf of our clients, investment partners, and management teams. Alan’s military experiences, coupled with his hands-on executive skill-sets and financial expertise, make him the perfect fit as a MILLER team leader. We take pride in being an Arizona-based firm that competes successfully in North America, Europe and Asia. Our 40 years of offering advice and capital during both good and bad economic times to emerging growth — middle market companies is something we are extremely proud to have accomplished.”
Alan Lerchbacker stated, “I am proud to have been invited by Rudy Miller to join The Miller Group and play a key role with this well respected firm. I started Global Enterprises almost three years ago with a vision of developing a business model that Rudy has accomplished with The Miller Group over the last few decades. Their demonstrated success is very significant on many levels, and they have set themselves apart with their long term strategic advice and value-add capital commitments. I am extremely excited about integrating Global Enterprises’ relationships into this privately owned firm that is dedicated to integrity, commitment and excellence.”
About The Miller Group
MILLER, established in 1972 and headquartered in Scottsdale, Arizona, is comprised of several affiliated companies including Miller Capital Corporation, Miller Investments, Inc., and Miller Management Corporation. The Miller Group offers a broad range of services including venture capital, private equity investing, financial advisory, management consulting, and investor relations to public and private middle-market companies throughout North America, Europe, and Asia. A select group of current and past clients include: America West Airlines, US Air Express, Capital Title Group, Inc., Bowlin Travel Centers, Inc., Sunshine Minting, Inc., McMurry, Inc., Ritz Carlton Magazine, DELSTAR Companies, Inc., NJOY, Telgian Corporaiton, and VirTra Systems.