Expert Details
Turnarounds and Restructuring Distressed Businesses
ID: 725612
Georgia, USA
Interim CEO, CFO over 20 times.
Help clients understand business dymanics and how to adapt to changing situations.
He can perform detailed cost analysis quickly.
He has the ability to analyze unprofitable divisions, divisions and line items and can communicate what is needed to return to profitability.
Interim CFO can drive change.
Expert in building weekly cash flow models.
He is a known and respected lender referral source. Lenders call from all over the world asking him to submit his ideas on lending and investment strategies.
He has a good understanding of reporting requirements for both private and public companies.
He has a reputation for building financial models easily incorporated into management systems.
Former corporate lender. He has a good understanding of how lenders look at specific situations.
Financial advisor to a roofing distributor; later named interim CFO. Sold the company with court protection and acted as liquidating agent for the estate. Secured lender got out 100%. Nationally recognized as an expert in operations.Interim CEO for a metal stamping operation. Avoided bankruptcy by redesigning cost structure and eliminated several unprofitable divisionsChief negotiator with union for a plastic manufacturing operation. Avoided bankruptcy by negotiating major concessions and refinancing the entire debt structure with an asset based lender.Interim CEO for a complicated real estate conglomerate. Refinanced with a new lender and reorganized divisions. Centralized operations into corporate headquarters.Advised an international hedge fund. Submitted a recommendation on how to restructure the accounting and finance department in a $1.0 billion chemical manufacturer. Client accepted recommendations and returned to profitability immediately.
Education
| Year | Degree | Subject | Institution |
|---|---|---|---|
| Year: 1997 | Degree: Executive Degree | Subject: Business | Institution: Wharton Business School |
| Year: 1979 | Degree: BS Economics | Subject: Business | Institution: University of Kentucky |
Work History
| Years | Employer | Title | Department |
|---|---|---|---|
| Years: 2005 to Present | Employer: Undisclosed | Title: Director | Department: Restructuring & Turnarounds |
Responsibilities:He is known nationally as a corporate turnaround advisory having completed over 150 assignments for distressed businesses. |
|||
| Years | Employer | Title | Department |
| Years: 2003 to 2005 | Employer: Nachman Hays | Title: Managing Director | Department: Restructurings |
Responsibilities:He started and built a regional advisory practice and headed the southeastern operations. |
|||
International Experience
| Years | Country / Region | Summary |
|---|---|---|
| Years: 2000 to 2001 | Country / Region: South Korea | Summary: Advised an internet company in how to dispose of a satellite operation. Ultimately merged with a large US satellite company. |
| Years: 2001 to 2002 | Country / Region: Mexico | Summary: Advised a plastic manufacture on streamlining operations in Mexico and identified a major costs cutting strategy |
Additional Experience
| Expert Witness Experience |
|---|
| Expert in corporate operational turnarounds Bankruptcy expert |
| Training / Seminars |
|---|
| M&A for Distressed Businesses Bankruptcy Basics Bankruptcy Management Financial Management & Operations Interim CEO Fundamentals |
| Marketing Experience |
|---|
| A very well known Southeastern financial advisor for distressed companies. Interact with distressed lenders and bankruptcy lawyers. Have saved dozens of distressed businesses from bankruptcy by restructuring operations and financial position. |
Fields of Expertise
budget control, business management, corporate restructuring, business operations, cost accounting, cost analysis, corporate turnaround, cost control, cost modeling, finance, Financial Industry Regulatory Authority, financial modeling, loan, bankruptcy accounting, banking, hedge fund, accounting, cost reduction, cost-benefit analysis