- Currently serving as CFO for $250M seafood distributor
- Represented senior creditors during a Chapter 7 filing to maximize recovery and minimize Letter of Credit exposure
- Served as interim management for a $300M bedding company that was entering Chapter 11. Part of team that operated company for approximately 12 months before handing over to new CEO/CFO
- Helped prepare an $85M heavy trucking company for sale. Created strategic plan and improvement and path to profitability model. Served as shadow CFO during sale process
Jim started his career at Coopers & Lybrand (now IBM), consulting to both Fortune 500 companies and the middle market, including manufacturers and service companies in both the consumer and industrial sectors. In this position, he focused on finance, operations and process improvement for both business and manufacturing functions.
Jim has worked on dozens of transactions directly with investors and management teams to lead turnaround and or pre/post-bankruptcy activities, specifically to restructure operations, improve profitability and cash flow, and in some cases, determine the ultimate viability of the company. In several situations, creditors have had Jim evaluate options and represent their interests. Increasingly, he is serving in interim or shadow management roles.
He has a generalist management background serving in a variety of Sr. Management Roles depending upon the individual business needs and requirements at the time.
Specialties: General Management; Strategic Planning, Interim or Distress Management; Turnaround Management; M&A; Operational Restructuring; Operational Improvement.
Jim received his MBA from Northwestern University’s Kellogg School of Management. He passed the Illinois CPA exam in 1985.
Jim is married and resides in the Chicago area. He enjoys cycling, tennis and many outdoor activities.