Webster Stickney, a Managing Director at SierraConstellation Partners’ Houston Office, has served as either a CEO, COO, or CFO for privately owned companies in diverse industries, including a major league baseball franchise, providing management and advice on finance, business restructuring, business turnarounds, bank debt negotiation, treasury, risk management and on complex sales transactions. He has also served as chairman of several unsecured creditor’s committees in complex chapter 11 cases. Webb’s extensive industrial background includes leadership roles in grocery and food service distribution, manufacturing, sports franchise management, managed services, family office management, soft drink marketing, software development and oilfield services. Webb, who served as CEO of a central Texas defense contractor, provided support for the Department of Defense. He has had international assignments in Britain, Spain, Portugal and Poland.
Prior to SierraConstellation Partners, Webb spent 35 years working with the Drayton McLane Family (Drayton McLane Jr. is an American billionaire businessman, chairman of the McLane Group, a holding company with a portfolio of various diverse enterprises, including prior to its sale, The Houston Astros). He spent the last 20 years in the McLane family office that was essentially a private equity firm. Webb holds a bachelor’s degree from Muskingum College (University) in New Concord, Ohio and an MBA from Baylor University.
- Acted as CFO to a troubled, diversified oilfield services company, active in directional drilling.
- Served as CEO for a Texas Blown-Film Manufacturer, with a plant in Alabama. Successfully negotiated its merger with a Taiwanese company.
- Acted as CEO of a Kettle-Cook food manufacturer and led a Central Texas Managed Services Provider as CEO.
- Served as a Board Member of the Houston Astros Baseball Club on strategic vision and assessment of daily baseball operations.
- Chairman of Unsecured Creditor’s Committee in the bankruptcies of Thrifty Oil Company, Sunshine Jr. Stores and Al Copeland Enterprises (Founder, Popeye’s Chicken & Biscuits chain).
- Managed $400 million of short-term bank debt for McLane Company, Inc.
- Financial Analyst on team negotiating sale of McLane Company, Inc. to Wal-Mart Stores.