Rich Novak
Private Equity Investor at Cornerstone Advisory Partners, Inc.
Profile
Mr. Rich Novak is Managing Partner at Cornerstone Advisory Partners, Inc. He has led numerous strategic business initiatives to increase sales, upgrade quality, enhance customer service and improve productivity.
His experience ranges from Fortune 100 companies to mid-sized privately owned businesses.
As an equity partner in a business owned by a private equity firm, he had the opportunity to play a major role in transforming a business to meet the financial return required by the private equity investors.
Prior to joining Cornerstone Advisory Partners, Mr. Novak has extensive experience in the Retail Trade Industry as the Senior Vice President of Human Resources at Joseph Horne Co., Inc. Joseph Horne is an upscale retail chain with 17 locations in Pennsylvania and Ohio.
He managed operations for 3,200 employee and was a member of the Executive Committee.
Mr. Novak earned a Bachelors of Science in Economics from Rutgers University.
He has served on the Boards of UNC-Greensboro, School of Human Environmental Sciences, Guilford County Partnership for Children, and North Carolina Manufacturer’s Association.
Currently, he is a member of the University of North Carolina-Wilmington Cameron Executive Network.
Rich Novak active positions
| Companies | Position | Start |
|---|---|---|
Cornerstone Advisory Partners, Inc.
 Cornerstone Advisory Partners, Inc. Investment ManagersFinance Cornerstone Advisory Partners, Inc. is a private equity firm. The company was founded by Dallas Romanowski in 2007 and is headquartered in Wilmington, NC. | Private Equity Investor | 16/09/2011 |
Former positions of Rich Novak
| Companies | Position | End |
|---|---|---|
UNC, Inc.
 UNC, Inc. Aerospace & DefenseElectronic Technology UNC, Inc. manufactures precision aircraft engine components. It used to provide products and services to aviation related businesses, including commercial airlines. Its actiivities used to include rebuild jet engines and aircraft components, overhaul of aircraft engines, helicopters and aircraft accessories and providing services to US military for aircraft maintenance and pilot training. It also used to provide maintenance and pilot training services for the aviation industry. It had acquired by General Electric Corp. It was headquartered in Annapolis, MD. | Corporate Officer/Principal | - |
| North Carolina Manufacturers Association, Inc. | Corporate Officer/Principal | - |
Joseph Horne Co., Inc.
 Joseph Horne Co., Inc. Department StoresRetail Trade Part of Macy's, Inc., Joseph Horne Co., Inc. is a department store. The company is based in Pittsburgh, PA. Joseph Horne Co. was acquired by Macy's, Inc. on May 27, 1994 for $123 million. | Corporate Officer/Principal | - |
Training of Rich Novak
| Rutgers State University of New Jersey | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 4 |
|---|---|
Cornerstone Advisory Partners, Inc.
Cornerstone Advisory Partners, Inc. Investment ManagersFinance Cornerstone Advisory Partners, Inc. is a private equity firm. The company was founded by Dallas Romanowski in 2007 and is headquartered in Wilmington, NC. | Finance |
Joseph Horne Co., Inc.
Joseph Horne Co., Inc. Department StoresRetail Trade Part of Macy's, Inc., Joseph Horne Co., Inc. is a department store. The company is based in Pittsburgh, PA. Joseph Horne Co. was acquired by Macy's, Inc. on May 27, 1994 for $123 million. | Retail Trade |
UNC, Inc.
UNC, Inc. Aerospace & DefenseElectronic Technology UNC, Inc. manufactures precision aircraft engine components. It used to provide products and services to aviation related businesses, including commercial airlines. Its actiivities used to include rebuild jet engines and aircraft components, overhaul of aircraft engines, helicopters and aircraft accessories and providing services to US military for aircraft maintenance and pilot training. It also used to provide maintenance and pilot training services for the aviation industry. It had acquired by General Electric Corp. It was headquartered in Annapolis, MD. | Electronic Technology |
| North Carolina Manufacturers Association, Inc. |
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