Barington Capital Group, L.P., founded in January 2000 by James A. Mitarotonda, operates as a fundamental, value-oriented activist investor. The firm specializes in investing in undervalued publicly traded companies, anticipating significant appreciation in value through changes in corporate strategy, operational improvements, enhanced capital allocation, or improved corporate governance. Utilizing their extensive strategic, operating, and boardroom experience, Barington's investment team, advisors, and network of industry experts collaborate to design and implement initiatives aimed at enhancing long-term shareholder value for the companies they invest in.
James A. Mitarotonda, serving as the Chairman, President, and Chief Executive Officer of Barington Capital Group, L.P., is an accomplished public company director with a wealth of experience. In addition to leading Barington, he currently holds director positions at The Eastern Company and Rambus Inc. Over his career, he has served as a director for various companies, including A. Schulman, Inc., Avon Products, Inc., OMNOVA Solutions, Inc., The Pep Boys - Manny, Moe & Jack, The Jones Group, Griffon Corporation, Gerber Scientific, Inc., Register.com, Inc., Sielox, Inc., and Ameron International Corporation. Mr. Mitarotonda's professional journey began in operating roles at Bloomingdales and Citibank. Later, he co-founded Commonwealth Associates (now Comvest) and held the positions of Chairman and CEO. He holds a B.A. in economics from Queens College, where he actively participates as a member of the Board of Trustees, and earned an M.B.A. from New York University’s Stern School of Business.
The firm's most recent 13F filing for Q3 2023 revealed $69,703,832 in managed 13F securities, showcasing a significant top 10 holdings concentration of 97.47%. In summary, under the leadership of James A. Mitarotonda, Barington Capital Group continues to assert its influence in the investment landscape, leveraging its value-oriented activist approach to enhance shareholder value in undervalued companies.