The firm managed rock bands and worked in concert promotions with some of the biggest names in the industry. Just a few of the bands that Leonard worked with included: ZZTop, Journey, Van Halen, Bon Jovi, AC/DC, Aerosmith, Bryan Adams, Garth Brooks, Rush, Rod Stewart, Kansas, and Elton John.
Mr. Shutzberg left the entertainment business in 1990 to accept a position as Chief Financial Officer for The Software Factory, in Atlanta, GA. It was at this company that Leonard began to develop his expertise in the manufacturing industry where he implemented bills of materials and standard cost systems, ultimately, achieving net income increases over 25%.
In 1993, Leonard accepted a CFO/COO position with LABS, Inc., a manufacturer and distributor of horticultural supplies, where he spent the next seven years managing and growing the business from $3.5M/year in annual sales to just over $22M/year when he left the company in February, 2000 to join Americo Manufacturing Company.
When Shutzberg started with Americo, based in Acworth, Georgia, the business was losing money, overdrawn on their line of credit and headed towards bankruptcy. Over the first eighteen months, Shutzberg and his team turned the business around, initiated a positive banking relationship with the organization and began turning a profit in 2002. Over the past decade, Americo has acquired six different companies and built a second factory in Cartersville, Georgia, just minutes from their corporate headquarters. Americo is now one of the leading manufacturers of high loft, textile nonwovens in the world, maintaining either a 1st or 2nd position in the markets they compete globally. Their products are sold in over 70 countries worldwide; annual sales volume has quadrupled since Leonard joined the company in 2000.
Shutzberg is married to Marianne Rones Shutzberg, a Chartered Financial Analyst and bond trader for one of the top investment counseling firms in Georgia. Marianne’s father, James Rones, began Americo Manufacturing Company in 1969. Lenny and Marianne have three children.