As a senior financial executive John has over 20 years of extensive experience in reorganization restructuring capital raising buy side advisory and merger integration. He provides guidance to financially challenged entities maneuvering through both out-of-court and court-supervised restructurings.
His expertise encompasses a wide range of industries including automotive original equipment and aftermarket suppliers aerospace suppliers engineering and construction metals equipment leasing logistics distribution transportation and retail.
Throughout his career John has served in excess of 100 debtors functioning for many as chief restructuring strategist.
John has extensive experience servicing debtors with syndicated senior credit facilities and complex capital structures and also advises creditors in these situations. Throughout his crisis management career John has raised replacement and exit financing in excess of $1.0B.
Professional Experience
Representative examples of John's engagement experience include:
As financial advisor to Dura Automotive Systems a $2 B Tier I automotive supplier prepared company for its October 2006 bankruptcy filing including management of liquidity supply chain customers and DIP raising.
Restructuring Advisor to Dick Corporation a $1.5 B contractor. Advised company on strategic and restructuring alternatives. Successfully negotiated a refinancing of the company's existing debt while managing liquidity constraints to keep the company outside of the bankruptcy process reorganization and provided litigation support on PBGC litigation.
Chief Restructuring Advisor of Railworks a $750 M provider of integrated rail system construction and services. Directed the financial and operational restructuring negotiated bifurcated DIP credit and surety arrangements. The Plan of Reorganization was confirmed with 12 months of the case being filed.
Advised the buyer of Venture Industries (now Cadence Innovation) in its successful bid to purchase the company in a 363(b) auction. Provided due diligence services and transitional support as well as transactional advice on the buyer's complicated syndicated credit bid.
Education & Certifications
Bachelor of Science highest honors Pennsylvania State University
Certified Turnaround Professional
Certified Managerial Accountant
Professional Associations
Member Turnaround Management Association |