Managing Director - Turnaround & Restructuring at NOVO ADVISORS (2023-07 – 2026-01)
Provided financial advisory and interim executive leadership to middle-market companies across restructuring, liquidity stabilization, and strategic sale processes. Directed stakeholder communications, lender negotiations, and operational restructuring initiatives during distressed and transitional periods.
- Directed cash flow management, vendor communication strategy, and Chapter 11 sale execution for a $180M paper manufacturer, securing 100% senior lender recovery and $6M of residual proceeds for fulcrum security; recognized as Section 363 Sale of the Year ($100M–$200M) by M&A Advisors.
- Negotiated credit agreement restructuring between lenders and private equity sponsor as Chief Restructuring Officer for a $120M consumer loan portfolio and executed consensual wind-down strategy, achieving 100% senior lender recovery.
- Drove covenant compliance and liquidity stabilization for a $55M services platform by collaborating with private equity sponsor and executive leadership to enhance forecasting accuracy, implement KPI dashboards, optimize working capital, and institutionalize a structured operating review framework.
- Advised a $100M ESOP hardware distributor through credit amendments, strategic asset divestitures, cash flow forecasting, and operational restructuring initiatives.
Senior Director - Turnaround & Restructuring at ANKURA CONSULTING GROUP, LLC (2020-09 – 2023-06)
Led and managed client engagement teams in complex turnarounds and restructurings, delivering measurable results that maximized stakeholder recoveries and preserved borrower value.
- Spearheaded investment banking and financial advisory for a nonprofit federally qualified health center (FQHC) in Chapter 11, directing cash flow forecasting, board reporting, and M&A transaction diligence; resulting in a $50M sale and full recovery for general unsecured creditors.
- Guided senior leadership of a nonprofit health system through a complex M&A process, leading financial modeling, transaction diligence, and stakeholder communications to achieve a consensual sale and avoid bankruptcy.
- Advised senior lenders of a $200M physical therapy provider through forbearance agreement negotiations and validation of the company's business plan.
- Owned Chapter 11 preparation and administration for a vegan restaurant chain during its Subchapter V bankruptcy, directing cross-functional teams through a successful sale closing.
- Assessed and pressure-tested management's business plan and liquidity strategy for a $280M paper manufacturer; advised senior lenders on liquidation modeling and sale-leaseback structuring to maximize creditor recoveries.
- Managed Chapter 11 preparation and built a 13-week debtor-in-possession (DIP) cash flow model that enabled stakeholder alignment and execution of an out-of-court credit amendment for a wind farm operator.
Associate Consultant - Turnaround & Restructuring at SILVERMAN CONSULTING (2015-05 – 2020-09)
Directed liquidity management and provided interim leadership and profit improvement support to distressed companies, ensuring operational stability and value preservation.
- Acted as interim CFO for a $60M distressed metal scrap yard, leading finance and operations through restructuring, strategic sale, FBI and FDIC fraud investigation, and a Wisconsin Chapter 128 Receivership, resulting in a successful transaction and saving 100+ jobs.
- Advised a $50M cottonseed distributor through a receivership, delivering financial advisory and investment banking services to support transaction execution and asset liquidation.
- Led debt and equity capital raise for a $35M aftermarket aviation parts distributor, supporting growth and strategic initiatives.
- Managed 13-week cash flow forecasting, DIP budget and variance reporting, and facilitated bank forbearance negotiations for a $250M sporting goods manufacturer during Chapter 11, supporting a Section 363 auction process.
- Structured and executed a $700K private capital raise for a $50M railroad crosstie manufacturer, anchored by multi-year business plan validation and alignment of a family ownership group.
- Served as finance and operations lead for a $25M sports licensor, overseeing accounting and HR while directing liquidation and going-out-of-business sale processes.
- Developed a comprehensive business validation report for a $115M sugar processor and distributor, evaluating operational performance and long-term sustainability to support covenant compliance and liquidity optimization.
Senior Associate – Audit at PRICEWATERHOUSECOOPERS LLP (2014-07 – 2015-05)
Performed financial statement audits for large asset managers and hedge funds in accordance with U.S. GAAP. Executed substantive testing and evaluated internal controls across key accounts, including asset valuations, cash confirmations, and fund formation.
- Streamlined utilization of offshore human capital resources by over 11%, overseeing 3,300+ hours of audit work across domestic and international service delivery centers.
- Oversaw valuation of 12,000+ OTC derivatives for Citadel Investment Group, one of the world's most successful hedge funds.
- Developed and instructed a class on Excel functionality and best practices for the Chicago Financial Services team.
- Created strategy and testing of derivative netting analysis for futures and cleared OTC swaps and cost valuation adjustment analyses.
Experienced Associate - Audit at PRICEWATERHOUSECOOPERS LLP (2011-09 – 2014-06)
- Led audit for a mid-sized hedge fund-of-fund with over $60M in assets under management.
- Performed audit testing for fund-of-funds investment valuation, journal entries, financial reporting, accounting policy memos, capital allocation, and financial statement disclosures.
