Enterprise Management Advisors, LLC
d. (213) 479-7900
George is a senior executive with over 30 years of industry and consulting experience, performing financial and operational management for both financially distressed and high growth companies. He has been involved in a number of interim C-level roles to stabilize business operations, rebuild management teams, and prepare businesses for refinancing or sale. Previously, George worked in the Big 4 accounting firm environment for more than 14 years, which included serving as a partner and managing director in PricewaterhouseCoopers’ consulting and financial advisory services practices.
George has a demonstrated background in working with management teams to help companies through difficult transition periods. He has successfully restructured and refinanced dozens of companies when the worst outcomes were expected by lenders, creditors and investors.
Early in his career, he focused on business process re-engineering, post-acquisition integration and supply chain management for clients including “Fortune 500” companies. Brand name clients have included Giorgio of Beverly Hills, Haagen Dazs, Allergan International, Arco AM/PM Stores, Baskin Robbins, Gateway Computers, Herbalife International, International House of Pancakes (“IHOP”), Mars Candy Pet Food Division, Smitty’s Super Valu, Nissan Motor Corp., Read-Rite Corporation, Technicolor, Warner Home Video, Tosco Corp / ConocoPhillips, and Unocal 76 Products, among others.
George received the 2015 Humanitarian Award from the National Jewish Health Foundation for community service. He serves on the board of Methodist Hospital of Southern California, and served as President for the Turnaround Management Association (TMA) – Southern California Chapter (2013-14).
He is a Certified Turnaround Professional (“CTP”) and a Certified Insolvency and Restructuring Advisor (“CIRA”). He earned his MBA in finance from the UCLA Anderson Graduate School of Management and his BA in economics and accounting from Claremont McKenna College.
Selected examples of George’s turnaround, operating and restructuring experience include the following situations:
Financial / Restructuring Advisor – Mi Pueblo Foods; $400 million family owned Hispanic grocery chain. Restructured and stabilized operations through Chapter 11 proceeding after losing 85% of employees from an I-9 audit. Worked with existing lender to support short-term operational stabilization, and sourced $50 million refinancing to protect founder equity.
Chief Restructuring Officer -- No Fear Retail; involving a $75 million national retail chain with a highly recognized brand name. He was involved in stabilizing operations and coordinating the sale of the brand and retail operations for a premium value.
Chief Restructuring Advisor – Driftwood Dairy; restructured $110 million revenue business operations, worked with existing lender to a successful refinancing, and helped complete successful sale transaction, providing full recovery to all stakeholders, including full returns to private equity firm. Association for Corporate Growth: Award Winner for “Reinventing Finance & Operations -- 2015”
Chief Restructuring Officer – National Nursery Operator; family owned nursery grower with $200 million historical gross revenues. Restructured business operations and renegotiated $100 million line of credit with their bank group. We have now served in a five year advisory relationship.
Chief Restructuring Advisor -- Read-Rite Corporation; historical sales of $850 million, activities included the preparation of the business for sale which was acquired by Western Digital Corporation, including manufacturing facilities in Thailand and the Philippines.
Chief Restructuring Officer -- $300 million revenue, multi-national network marketing company. Helped to stabilize the business operations, manage cash under difficult circumstances, and successfully prepared and completed the sale of the business to a strategic buyer.
Chief Restructuring Officer -- Dillingham Construction Company; which included $1.5 billion of annual sales among 5 divisions and operated in Hawaii, San Francisco, San Diego, Alaska, Florida, and internationally.
Chief Restructuring Officer – Rural Telecommunication Provider; restructuring $300 million in governmental loans and bond debt.