Ed Bidanset

Ed Bidanset is a Consultant at MorrisAnderson. He has more than 25 years of financial consulting and management experience.

Before joining MorrisAnderson, Ed was a Consultant and Principal with CE Inc., a crisis and turnaround management firm with sourcing contacts in Asia and clients in retail and manufacturing. While there, Ed was instrumental in the turnaround of a $75 million printing company, the liquidation of a $60 million hardware manufacturer and the closing of a 700-room hotel and convention center. Prior to his work with CE, Inc., Ed held several CFO and COO positions. As CFO for Middle Atlantic Products, a sheet metal rack manufacturer, he financed the equity buy-out of a co-founder and negotiated a middle-market loan with Chase Manhattan to replace an asset-based credit line, and as CFO for Scott Printing Corp, he instituted departmental zero-based annual budgeting. As COO for Imtek/Holliday-Tyler Printing, he liquidated the parent company, auctioned equipment and complied with National Labor Relations Board standards and union contracts while closing the plant. While working as CFO for Cardiovascular Diagnostics, Ed raised $3 million in equity and private placement funding and negotiated divestiture of the Labware division. At Exide Electronics, where Ed was Marketer-Controller, he took part in a project that used a computer-pricing model to win a $612 million contract. He also worked for Ingersoll-Rand and Scovill Manufacturing in the finance and accounting departments. Ed is a member of the Turnaround Management Association (TMA) and the Financial Executives Institute. He holds a Bachelor’s degree in Economics from the State University of New York (SUNY) at Cortland and an MBA from Duke University’s Fuqua School of Business.


Ed has an extensive background in turnarounds, crisis management, and investment banking. He has worked with both Fortune 500 firms and privately held companies, acting as an advisory consultant or taking on the role of CFO or COO.


Ed has particular expertise in the consumer products, retail, printing, plastics and metals industries.


  • Led the successful sale of automotive supplier DriveSol Sweden.  Despite the initial assignment to liquidate the company Ed was able to sell the business to Swedish automotive industry executives. The secured debt was fully paid and 160 people retained jobs during the 2009 auto industry disaster.
  • Led the engagement that assisted the management team of a metal stamping company in finally obtaining union approval to consolidate job classifications, after two previous NO votes. Held company wide meeting to improve productivity, work rules and training.
  • Led the successful stabilization and eventual foreclosure of a spa manufacture allowing an equity investor to assist management in buying the company back. Right sized the retail operation, closed the manufacturing operation and monitored the financial performance during the forbearance.