Subsidiary of Global Branded Spirits
$150MM U.S. subsidiary of global branded spirits distribution and manufacturing company that was experiencing declining liquidity and increasing inventory balances.
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Cody Clarke is an experienced financial professional in various industries, including manufacturing, healthcare, consumer products, and food and beverage. Cody’s experiences include interim management roles as well as serving as an advisor to companies. He has led numerous projects involving the financial and operation stabilization of the companies, the placement of both debt and equity, and successful experience surrounding merger and acquisition activities.
Cody serves as an Entertainment Committee Member for the Turnaround Management Association (TMA) and is active in the Chicago acting community as well as the Young Professional Network of Chicago.
Representative Experience
- Interim CFO of a $200MM steel tank manufacturer. Reorganized financial team, created 3-FS and 13-week cash flow forecasts to support operations, revamped the procurement process to include hedging opportunities, and managed inventory effectively.
- Member of a team associated with a $500MM Medical Lab in Receivership. The engagement team replaced senior management for a medical diagnostic lab (molecular, clinical, anatomic pathology). Stabilized operation, implemented compliance program, and developed strategic alternatives amidst a highly publicized owner dispute and investigation of pre-receivership conduct.
- Financial advisor to a $100MM food manufacturing company who created custom sauces and packaging solutions. Led profitability assessment, identifying need for price increases, along with G&A expense reductions. Provided support in handling lender issues and managed a successful refinancing effort.
- Financial Advisor to a $50MM, two-facility, thermoforming/extrusion company. Worked with management to deal with a liquidity crisis, implement inventory management, establish effective purchasing practices, stabilize workforce, and address operations and sales cycle issues.
- Financial Advisor to a $150MM centrifuge manufacturer. Worked with management as it navigated a Chapter 363 sale.
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