"A bankruptcy judge can fix your ba(flance sheet, but he cannot fix your company." Gordon Bethune

NOTABLE ACHIEVMENTS:

Vice President & Chief Financial Officer, Savage Arms, Inc. ($75M sporting firearms, Westfield, MA) Engaged by private owners and new PE investor to lead financial and operational turnaround of $75M manufacturer following extended shutdown. Converted $15M in prior-year losses into $6M in annual profits through implementation of tight financial controls, operating budgets, and process improvements, while divesting unprofitable product lines and right-sizing operations. Managed complex product liability litigation and environmental site remediation while leading substantial organizational change across HR and IT functions.  Navigated business through complex five-year Chapter 11 reorganization (1989–1994), restructuring $50M+ in debt while maintaining operational continuity and profitability improvements. Successfully executed profitable LBO exit in 1995, demonstrating full turnaround achievement and creating substantial returns for equity investors. 

 Financial Advisor, Wachovia/Hart, Schaffner & Marx ($493M apparel) Advised on Chapter 11 reorganization and Section 363 asset sale of iconic apparel company. Worked with lenders, equity holders, and operating management to structure bankruptcy proceedings that maximized enterprise value and facilitated transition of operations to new ownership. 

 Financial Advisor & CRO, Smith Gas Field Service ($43M oil & gas) Executed value-preserving receivership reorganization during commodity downturn. Negotiated with secured lenders and unsecured creditors to structure plan that maximized recovery, maintained operational continuity, and achieved successful emergence from receivership. 

Interim President, NewCare Health Corporation ($100M healthcare services)Appointed by Bankruptcy Examiner to stabilize failing Chapter 11 operator of nursing homes, hospitals, and assisted living centers. Quickly implemented operational controls and patient care protocols that stabilized operations and preserved safety standards across the portfolio. Developed financial and operational reporting that demonstrated improved metrics to creditors and stakeholders, enabling successful sale of the business as a going concern, with no patient disruption, and securing creditor recovery.