|
Robert O. Riiska has two decades of experience in financial analyses, cash management and accounting, including more than 14 years of turnaround and crisis-management experience. Bob has performed numerous consulting assignments and served in interim senior financial-management capacities. His consulting assignments have included the preparation of budgets used to obtain DIP financing, due diligence reviews, cash management for companies operating in Chapter 11, business plan assessments and viability analyses. Bob's industry experience includes telecommunications, services, manufacturing and apparel.
Prior to joining Focus Management Group, Bob was a senior manager for a national turnaround consulting firm. In another recent role, he served as the Chief Financial Officer of a troubled publicly-traded telecommunications equipment manufacturer. During his tenure, Bob negotiated with the company's secured lender to waive existing financial covenant defaults and amend the covenants for future periods, oversaw the financial affairs of the company's UK subsidiary and significantly reduced operating losses despite a 33% reduction in net sales versus the prior 12- month period.
Bob was a senior manager for a national consulting firm. Additionally, he spent almost six years with Ernst & Young LLP, most recently as a manager in its Insolvency and Reorganization consulting practice.
Mr. Riiska, a CPA, received a Bachelor's degree in Economics from the Wharton School of the University of Pennsylvania, and an M.B.A. in Finance and Marketing from the University of Chicago Graduate School of Business.
| 