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Jeff Nerland

Jeff Nerland has more than 25 years of senior financial management and advisory experience helping companies in challenging situations, both domestically and internationally. An experienced restructuring professional, he has successfully led numerous distressed clients to stability and profitability. 

He has experience in a wide variety of industries, including:

  • Aerospace
  • Contracting
  • Distribution
  • Home furnishings
  • Manufacturing
  • Real estate
  • Retail
  • Wireless

Representative engagements include:

  • Interim CFO/CRO for a 400-store chain of fabric stores, where he led a major operational restructuring that resulted in EBITDAR increasing from -$26 million to $5 million in one year by cutting costs and closing underperforming stores
  • Chief restructuring officer (CRO) for a 62-store chain of retail wireless stores, where he negotiated continued use of cash collateral, averted a major cash crisis and negotiated the disposition of the stores
  • Advisor to several national jewelry retailers, where he developed and implemented financial and operational restructuring initiatives and renegotiated leases to total several million in savings
  • Functioned as interim CFO for a $550 million national textile retailer, where he managed cost reduction programs, evaluated store closure options and advised management in merger discussions with strategic and potential equity investors
  • Financial advisor for a $400 million retailer of auto parts, where he developed out-of-court and Chapter 11 bankruptcy scenarios and business plans and conducted an asset sale to investment groups, selling the company for approximately $130 million
  • Senior vice president and group president for a leading provider of interior components to the private aircraft industry, where he led the acquisition team that acquired 10 companies within 18 months, positioning the company as the industry’s leading provider of interior components

Mr. Nerland received a bachelor’s degree in business management from Indiana University. He earned a master’s degree in finance, graduating with honors from the University of Southern California (USC). During his time at USC, he taught strategic planning in the Undergraduate School of Business.

 

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