As a senior financial executive specializing in the financial management of troubled and underperforming companies, Tony provides creative leadership with sharp analytical skills and practical solutions necessary to assist companies in crisis. He has successfully applied his financial and operating experience in a wide variety of industries for over 30 years. Tony frequently serves as interim Chief Financial Officer (CFO) for troubled companies.
Tony brings to each assignment his expertise in operations, business analysis and planning, cash flow management and forecasting, bankruptcy, financial reporting, strategic planning, systems and controls, system implementation, profit improvement, and financial modeling.
Prior to joining Huron, Tony made substantial contributions to the success of numerous Glass & Associates assignments during his 16 year tenure.
Representative examples of Tony's engagement experience include:
Financial advisor to a $300 M family owned (75 family members) waste management company. He helped the company navigate through the operational restructuring of the business, changes to the budget process, sale of strategic assets, refinancing, and an overhaul to their financial and management reporting systems.
Financial advisor to Southern States Cooperative, a $1.3 B agriculture co-op where he helped address significant operational and financial issues. The company developed and implemented a turnaround plan and successfully restructured its debt. In 2005, Southern States won the Turnaround Management Association's award for "Mega Deal of the Year".
Financial advisor to an automotive supplier with 11 plants in the U.S. and Mexico. Managed the bankruptcy process and ultimate wind down of the business with full recovery to the secured lender and an estimated 50% recovery to the unsecured.
Interim CFO for a troubled die caster and automotive component manufacturer and helped manage an out of court settlement and ultimate sale of the business.
Interim Chief Executive Officer/CFO for an ambulance business in crisis with a seriously deteriorated financial condition. He managed to stabilize the operations long enough to sell off a portion of the business.
Education & Certifications
Bachelor of Arts, Accounting, Upsala College
Master of Business Administration, Finance, Farleigh Dickenson University
Certified Turnaround Professional
Chairman, Association of Certified Turnaround Professionals
Board of Directors, Turnaround Management Association