JTG Advisors - Management Consulting and Support Services

JTG Advisors Management Consulting and Support Services
Bio - J. Taylor Ganz A decisive, dynamic “hands-on” executive whose leadership, analytical and operational skills have translated into notable achievements. Repositioned, “right-sized” and significantly improved underperforming companies. Thirty years of experience in specialty retailing, consumer finance, consumer products and service businesses. Professional Experience 2010 to present – JTG Advisors, President – Los Angeles, California • Provides management consulting services to underperforming/distressed retailing, manufacturing, distribution and service companies. Services focus on both development and implementation of strategic and operational initiatives. Clients include a broad range of stakeholders –owners, management, secured lenders and other creditors. • Provides advisory services to restructuring firms, lenders/creditors, insolvency attorneys and receivers on cases involving distressed retailing, manufacturing, distribution and service companies in bankruptcy reorganizations and out-of-court workouts. Negotiation, asset disposition, receivables collection, employee and wind-down issues. 1988 to 2010 – McMahan’s Furniture Stores – Los Angeles, California Vice President, Chief Operating Officer • 90 year old retail furniture chain with $70 million in annual revenues and 400 employees in 25 locations at its peak in 2004 • 3 Business Units • 20 + Retail Showrooms, Warehouses and Distribution Centers • Consumer Finance Portfolio - $45 Million Accounts Receivable • Consumer Credit Insurance Portfolio – 30,000 customers 1988-2008 – Operating Phase • Repositioned company to focus on high share markets by closing large market operations and re-deploying capital to smaller market operations. Increased retail sales by over 65% • Expanded retail operation from 1 brand (McMahan’s) to 3 brands (McMahan’s, La-Z-Boy, Mattresses Unlimited) significantly increasing market share and creating substantial operational efficiencies • Grew consumer finance portfolio by over 60% • Increased consumer credit insurance portfolio by over 90% • Negotiated and completed 7 competitor buy-outs • Optimized real estate holdings and reduced occupancy expenses by acquiring, developing and selling retail centers and distribution centers • Direct reports included functional heads of all departments: • Retail Operations including Merchandising, Marketing and Advertising • Finance and Administration • Consumer Finance and Insurance • Human Resources 2008-2010 – Liquidation Phase • Planned and executed the wind-down and liquidation of all business units and assets in order to maximize returns to all stakeholders • Executed 5 sales of real property despite turbulent market conditions • Sold off $10 million inventory and all other personal property including all fixed assets and fleet of 70 vehicles • Directed the final collection of $30 million consumer finance portfolio • Negotiated 8 lease cancellations and buyouts • Negotiated settlements with secured and 22 unsecured creditors • Terminated the company 401(k) plan and 300 employees without incurring lawsuits 1987 to 1988 – Lecturer in Corporate Finance – Kean College – Union, New Jersey 1982 to 1987 – Ogden Allied Services – New York, New York Multi-Industry Service Company – over $1 billion in Annual Revenues 1985 to 1987 – General Manager, Newark International Airport Managed 3 Divisions with over $16 Million in annual revenues and 450 union and supervisory employees • Negotiated direct revenue contracts with over 20 airlines and government agencies • Negotiated employee contracts with 3 different unions • Increased on time service performance by over 30% 1982 to 1985 – Director of Aviation Sales and Contracts Responsible for Marketing, Sales and Contract Negotiation for $45 Million in Aviation Services • Expanded customer base to over 30 airlines and government agencies at 17 airports 1980 to 1981 – Sandoz, Inc. – East Hanover, New Jersey Pharmaceutical and Chemical Manufacturer: $325 Million in Annual Revenues • Strategic Planner – responsible for strategic analysis and resource allocation for primary business unit consisting of multiple branded and generic drugs 1977 to 1978 – HP Hood, Inc. – Boston, Massachusetts Marketing / Sales Coordinator - Dairy Processor and Distributor; $450 Million in Annual Revenues 1976 to 1977 – First National Stores – Somerville, Massachusetts Front End Specialist - Supermarket Chain; $990 Million in Annual Revenues Education Stanford University, Graduate School of Business MBA, 1980 Yale University BA, 1975 Industry Organizations Retailer Performance Group – Review Committee Western Home Furnishings Association – Officer; Director; Executive Committee National Home Furnishings Association – Director; Nominating Committee	Home
310 701-2190 tel \| 310 454-3876 fax jt_ganz@yahoo.com Los Angeles , CA	Contact Us