Oak Harbor Capital’s management team includes ten Managers (William S. Weinstein, David Solomon, Tony Yu, Nick Scott, Kyle Dominick, Aaron Johnson, Bruce Johnson, Stephen Bell, Peter J. Fitzpatrick and Amanda Wells). The team has an outstanding track record and a long history of certain of its members working together, both at Oak Harbor and earlier at a predecessor firm founded by the Principal, B-Line, LLC (“B-Line”).
William S. Weinstein is the President and CEO of Oak Harbor Capital. Mr. Weinstein has practiced in the bankruptcy and creditor rights arena for 35 years. He is the Founder and Chief Executive Officer of Oak Harbor Capital and the Co-Founder and a member of the Legal Services Provider. Mr. Weinstein started the Legal Services Provider in 1985 and it is now among the largest law firms focusing on creditor rights and bankruptcy in the United States. In 1997, he founded B-Line, one of the largest companies in the United States to purchase and service consumer finance related bankruptcy receivables. Under Mr. Weinstein’s direction, B-Line deployed many hundreds of millions of dollars to acquire receivables that totaled over $46 billion in face value of debt. Between B‐Line and the Legal Services Provider, approximately 40 million separate distressed debt accounts were purchased or serviced from 1997 to 2006. B‐Line was sold in September 2006.
Following the sale of B-Line, Mr. Weinstein launched Oak Harbor Capital, LLC and this investment management firm has become one of the largest buyers of distressed consumer debt in the United States.
Mr. Weinstein has been an industry leader in developing predictive modeling, statistical and quantitative analysis, and pricing strategies for multiple classes of receivables. He is an honors graduate of Stanford University and Boston University School of Law. He has lectured extensively on bankruptcy, creditor rights, commercial litigation and regulatory and compliance issues in the United States and Canada.
David L. Solomon is the Chief Asset Officer of Oak Harbor Capital. Mr. Solomon began his career at Touche Ross & Co. in Los Angeles in 1982, receiving his CPA certificate in 1985. In 1987, he joined Carter, Smith & Co., a firm at the forefront of a new business evaluating and trading of mortgage servicing rights (“MSRs”). They were one of two firms advising the Resolution Trust Corporation (“RTC”) in its liquidation of MSRs and Savings and Loans mortgage company subsidiaries.
In 1993, Mr. Solomon became the President of The Mortgage Acquisition Corporation (“TMAC”). TMAC’s primary selling customer was the RTC, and many of the techniques used today for evaluating, buying and selling whole loans, including the forms of agreements, were developed at that time.
In 1996, Mr. Solomon formed his own investment bank, which focused on residential and commercial whole loans. He rejoined TMAC as President in 2002 and began working with WM Daugherty & Co. in a joint venture capacity. They formalized their relationship in 2005 and Mr. Solomon became President of WMD Capital Markets, LLC, where he led the residential and manufactured housing whole loan efforts for almost nine years. In 2015, shortly after forming DL Solomon, LLC, he became an Investor and Sub-Manager for the newly formed Trifera, LLC.
Tony Yu is the Chief Financial Officer of Oak Harbor Capital. Mr. Yu is a Certified Public Accountant with over 10 years of experience in the investment management industry. Mr. Yu gained his experience through his role at PricewaterhouseCooppers LLP auditing hedge, mutual funds, and fund-of-fund clients. Prior to joining Oak Harbor Capital, Mr. Yu spent more than three years at Amazon managing the accounting team for the Amazon Marketplace and App Store business. Mr. Yu graduated from the University of Washington with a Bachelors of Business Administration in 2003, and completed his Masters of Business Administration from the University of Baltimore in 2005.
Nick Scott is the Financial Controller of Oak Harbor Capital. Mr. Scott has over 10 years of experience in accounting and finance related roles including extensive work in the investment management industry. Mr. Scott gained his investment management experience through his role at PricewaterhouseCoopers LLP auditing hedge funds, mutual funds, and fund-of-funds clients. Mr. Scott has spent the majority of his career working in Finance and Technology ranging from co-founding a SAAS start-up and raising foreign investment capital to risk consulting services for publicly traded banks and local tech giants.
Mr. Scott graduated from Washington State University with a Bachelors of Business Administration in Accounting and Finance in 2006.
Kyle Dominick is the Corporate Controller for Oak Harbor Capital, LLC and Weinstein & Riley, P.S. Mr. Dominick has been a licensed Certified Public Accountant for over 9 years, serving as a Controller and Financial Statement Auditor in several industries including wholesale & retail distribution. Mr. Dominick’s career experience has involved regulatory and financial reporting, development of internal control policies and procedures, and financial risk management in privately owned, mid-market companies.
Mr. Dominick earned his Bachelor of Business Administration in Accounting and Economics from Washington State University in 2010. Mr. Dominick then proceeded to earn his Masters of Professional Accounting from the University of Washington.
Aaron Johnson is the Chief Operating Officer of Oak Harbor Capital. Mr. Johnson has over 20 years of Information Technology and Operations experience with organizations such as Great Plains Software, Microsoft, and WebMD. Mr. Johnson joined Oak Harbor Capital in 2007 to manage the Data Operations Group. Mr. Johnson’s core competence is creating and modifying process flows and incorporating cutting edge technologies to achieve optimal efficiencies and controls.
Mr. Johnson graduated from Gonzaga University with a Bachelors of Business Administration and Management Information Systems in 1998, and completed his Masters of Business Administration from Gonzaga University in 2004.
Bruce Johnson is the Chief Technology Officer of Oak Harbor Capital. Mr. Johnson is an experienced technology organization manager, senior software engineer and entrepreneur with more than 25 years in the information technology industry. Mr. Johnson began his software engineering career designing and building enterprise-level manufacturing and engineering computing systems for large IT organizations. Mr. Johnson then transitioned to commercial software product development, developing business applications for Great Plains Software, where he successfully delivered leading edge applications in the small-to-medium-sized business market. He co-founded DataConcert, an XML-based document exchange technology company, with venture capital funding.
Mr. Johnson next joined Microsoft where he was a software engineering manager and delivered multiple commercial software products to market from the Server and Tools Division, including one industry award winner. Following his entrepreneurial spirit, he left Microsoft in December 2006 to become one of Oak Harbor Capital’s original employees. As Director of Software Engineering for Oak Harbor Capital, he built a high-performing development team while leading the successful development and implementation of a robust and scalable computing and business platform in a compressed timeframe. Oak Harbor Capital successfully operates this industry “best in class” software platform today, known as “Secure Blossom.” As Chief Technology Officer, Mr. Johnson is responsible for all computing systems and infrastructure. He earned a B.S. degree in Design Engineering from Brigham Young University in 1986.
Stephen Bell is the Chief Information Officer of Oak Harbor Capital. Mr. Bell has over 25 years of Information Technology experience and specializes in bringing order from chaos with a passion for creating systems that drive companies to succeed. At Oak Harbor Capital he is responsible for all computing infrastructure. He has provided technology consulting services to over 70 companies in the medical, transportation, construction, legal and manufacturing industries first with Seitel Leeds & Associates and later as an independent consultant. Clients included companies such as Fred Hutchinson Cancer Research Center, Seattle Cancer Care Alliance, Washington Mutual Bank, Flow International, and the Washington State Patrol.
Mr. Bell proudly served in the United States Army as a Sergeant First Class with postings in intelligence and special operations community support positions. Assignments included the 1st and 5th Special Forces Groups and the European Joint Analysis Center.
Mr. Bell is actively involved in local community and non-profit organizations.
Peter J. Fitzpatrick is the General Counsel and Chief Compliance Officer of Oak Harbor Capital. Mr. Fitzpatrick has practiced law for over 30 years. Prior to joining Oak Harbor Capital, he was a partner at K&L Gates LLP, where he served as Oak Harbor Capital’s longstanding outside legal counsel. Prior to commencing his legal career, Mr. Fitzpatrick was a lending officer at The Chase Manhattan Bank where he completed the Chase Credit Training Program with distinction. He also served as the Assistant to the Director of Labor Relations at Citibank, N.A. He graduated with honors from Harvard College and earned his law degree at Fordham Law School.
Mr. Fitzpatrick was very involved in the early development of the secondary market for distressed debt and helped pioneer some of the original legal documentation used in the trading of distressed debt when the industry was in its nascent stage.
Amanda Wells is the Human Resources Director of Oak Harbor Capital. Mrs. Wells graduated from the University of Washington with her Bachelors of Business Administration in 1998. Mrs. Wells has over 20 years of human resources, recruiting and compensation management experience in industries such as high technology, non-profit, retail and construction. Mrs. Wells joined Oak Harbor Capital in 2007 to manage all of the Human Resources functions including recruiting, performance management, compensation, training and employee development.