Roger is a seasoned professional in restructuring troubled companies, as the Director of the Workout and Restructuring Group at Special Services (with offices in Delaware, Pennsylvania, and Illinois). Roger leads and directs the efforts of complex capital raising strategies, debt restructuring solutions, and turnaround plans for companies across the United States and Canada. Roger’s 25-year results-driven track record in handling negotiations with distressed companies has placed him as a “preferred advisor” to three of the nation’s leading management turnaround companies. That reputation has been fostered by Roger’s lifetime commitment as an advisor to distressed companies in both a lending origination capacity and as an advocate. Roger’s goal has always been to build solutions that enable a company to continue ongoing operations and work within existing cash flow to service obligations while determining how to best raise new working capital for growth.
In addition to Roger’s primary role in turnaround management, and managing debt restructuring initiatives, he has been designated as a business financial advisor to one of the nation’s prominent bankruptcy law firms (headquartered in Pittsburgh, Pennsylvania) to help build practical and economical alternative solutions for their clients. As a member of the TMA International (Turnaround Management Association) and a member of CIRA, Association for Insolvency and Restructuring Advisors, Roger actively participates in training turnaround professionals nationwide and is frequently called to assist and guide strategies for privately held companies in the small to middle market with annual revenues from $1 million to $80 million in revenue.
The scope of Roger's engagements range across a wide array of disciplines as follows:
- Performing detailed financial analysis and developing strategies for insolvent and/or distressed companies.
- Leading and directing initiatives that result in debt restructuring or company restructuring solutions.
- Assisting executive teams of companies through processes while providing legal teams the necessary financial analysis and guidance to complete objectives.
- Rendering professional services for debtors, trustees, creditors’ committees, individual creditors and or equity groups (both in and out of court).
- Directing and managing company executives and management teams towards objectives.
- Managing processes through bankruptcy, liquidation and receivership.
- Developing financial packages for new lenders to take out existing lenders.
- Developing solutions that protect personal guarantors and minimize personal liability.
- Developing creative mechanisms to free up and/or obtain additional working capital.
- Working with clients to reduce overall debt levels.
- Negotiating with prospective buyers for client business.