Domenic Aversa - Principal Owner, Corporate Revival

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Work Background

Corporate RevivalPrincipal

Jan. 2015United StatesA management consulting firm specializing in financial and operational turnarounds. Areas of focus include: viability assessment, turnaround action plan development, creditor negotiations, financial modeling, cash management, operational restructuring, interim management, debt and equity fundraising, bankruptcy advisor, disposition of assets. ✔ Served as Financial and Operational Adviser to Senior Lender for a $350M global staffing services business with locations in 12 different countries and more than 4,000 employees. Helped evaluate, design and usher strategy that ensured Lenders successful exit from the credit facility of the heavily troubled company while preserving the value of the business for all its stakeholders. ✔ As Financial and Operational Adviser, assisted multiple, struggling, start-up executives and entrepreneurs in developing corporate structure and growth strategies that positioned them for optimum success in scaling and raising debt and capital.

Morris AndersonPrincipal

Jan. 2009 - Dec. 2012New York City Served as Manager for the New York and Cleveland office while managing and growing the offices in Ohio and the North Eastern Corridor which included Baltimore, New York and Boston. As a principal of the firm, I advised, led and participated in more than 20 client engagements. Notable Achievements include: ✔ Acted as COO, led a turnaround of $120million multi-national action sports apparel and shoe manufacturer. Oversaw all aspects of research and development, manufacturing, distribution, sales and marketing in offices located in China, Netherlands and California. Helped company evolve from manufacturer to direct-to-consumer retailer, expanding e-commerce and retail operations globally. Improved brand contribution margins by 7%, improved on-time delivery from 67% to 100%, concurrently reduced senior debt obligation by 25%, positioning the company for a successful re-finance. ✔ Acted as Financial Advisor for a senior bank group and helped guide six-member bank group through the successful refinancing of $150million of debt of a publicly traded oil and gas distribution company. ✔ Served as Financial Advisor and Expert Witness for a three-member bank group involved in a contentious court dispute with borrower. Helped secure the recovery of a $60million loan to a residential concrete company suffering heavy losses during the peak of the recession. ✔ Named by Workouts and Turnarounds publication as one of the top restructuring consultants in their 2009 list of “People to Watch,” March 2009, Volume 23, Number 3, Page 7.

Morris AndersonManaging Director

Jan. 2006 - Dec. 2009Cleveland/Akron, Ohio AreaAs Managing Director, I was responsible for all aspects of corporate and business development including overseeing all investment banking and restructuring activities in Ohio and South-Eastern Michigan. Advised, lead and participated in more than 30 client engagements. Notable achievements include: ✔ Acted as CRO for $170million Tier One automotive supplier. Preserved more than 1,000 jobs through the sale of assets in the beginning of the recession in a severely troubled industry; Company supplied plastic injected molded parts for 52% of all of General Motors factories in North America. ✔ Acted as CEO for $130million furniture manufacturer and oversaw 1,200 employees located in manufacturing facilities in five different States.Worked with United Steelworkers Union and the International Brotherhood of Teamsters Union to institute plans to take company from $6million annual loss to a $9million profit in twelve months. Company assets were sold, preserving the future of a 106 year old company in an industry that has been predominately outsourced overseas. Success of company was written about in numerous publications including Wall Street Journal and Business Week. ✔ Acted as CRO for a $200million residential home supplier.Oversaw 1,500 employees located in five manufacturing businesses in four different States. Led and oversaw negotiations of the sale of assets through bankruptcy court with senior lenders, unsecured creditors, and strategic buyers.All five businesses were sold during the height of the recession in an extremely depressed industry. Countless jobs were preserved.

The Parkland Group, Inc.Principal

Jan. 1998 - Dec. 2003Cleveland/Akron, Ohio AreaAs a Principal of the firm, I worked through all aspects of client engagements that included comprehensive operational and financial restructurings. Advised, led and participated in more than 70 transactions for middle-market companies ($5million-$150million). Served as Financial and Operational Advisor for the Economic Development Ministers of Shanghai and Jiangxi provinces in China assessing and guiding several publicly traded State Owned Enterprises. Notable Achievements: ✔ Acted as CEO of a $35million national apparel and shoe retailer; guided the organization through a successful turnaround from beginning to end, including refinancing of the entire debt. Re-energized and re-focused a company that had been experiencing double-digit same store sales decreases and 100% employee turnover. Same store sales returned to 12% growth, gross margins improved 11%, inventory turnover improved by 55%, and employee turnover dropped to less than 5%. ✔ Advised CEO’s and CFO’s on strategic and tactical requirements for making the transition from a Chinese Communist-Command economic model to a Capitalist economic model. Clients included; Shanghai Watch and Clock (30,000 employees), Shanghai Pharmaceutical (2,000 employees), Jiangxi Iron and Steel (11,000 employees), Jiangxi Paper (1,500 employees, and Jiangxi Materials (6,000 employees). ✔ Served as Operational Advisor for Akron Regional Housing Authority (division of HUD), implemented Lean Thinking and applied Six Sigma and Kaizen principles to re-deploy 90% of the warehouse personnel to value added positions, reduced applicant waiting time from 67 days to zero, increased applicants processed by 112% and reduced construction inventory levels by 80%. ✔ Formed Retail Strategies Division. Partnered with Diversified Retail Solutions, headquartered in Bentonville, AR. Comprised of former senior executives that helped build WalMart from its earliest days. Offered consulting services in all key retail disciplines.

International Profit AssociatesBusiness Analyst

Jan. 1997 - Dec. 1998Cleveland, OHInternational Profit Associates is a National Financial and Operational Consulting Firm. ✔ Conducted more than 75 comprehensive on-site, due diligence evaluations on small and middle market ($1million-$30million) companies throughout the United States. Due diligence assessments were conducted in a wide range of industries including; manufacturing, distribution, agriculture, healthcare, automotive, construction and retail.

ViceAversa Inc.Owner/President

Jan. 1991 - Dec. 1997Windsor, Canada / Moscow, RussiaI seized the opportunities afforded by the break-up of the Soviet Union by forming a food distribution company.. Developed distribution infrastructures as well as identified and established strategic alliances, joint ventures and acquisition targets in the food and beverage industries throughout the emerging Eastern European markets. ►Founded a financial services division that led to the formation of a private commercial bank based in Moscow. This division focused on lending to small and middle-middle market Russian businesses. ►Developed a third business segment in Commercial Real Estate. This division focused on numerous commercial land development projects, including renovating residential properties and developing newly formed sub-divisions..