Mark Weigel Email & Phone Number

Janmar Consultants Inc. is a boutique firm providing interim and part-time Chief Financial Officer and senior finance services to small to mid-size companies

• Chief Financial Officer of underperforming manufacturer on verge of bankruptcy when hired.• Responsible for all finance and accounting operations in North America, including information technology, including day-to-day cash flow management. • One of four key executives that took the company from the verge of bankruptcy to a successful sale in four years (2016). • Decreased month end close from 40 days to 3 days.• Assisted the Receiver of the company in May 2019 with the successful sale of the company in 90 days following over expansion following the 2016 acquisition.• Promoted to sole director and officer of US entities in January 2019.• The US $75 million sale price in 2016 represented a 5X return on the shareholders initial investment. During this period doubled sales and increase EBITDA to 13% from a loss of 13% on sales.

• Manufacturer of private label cookies with 60% of sales to grocery and mass retailers in Canada and 40% of sales to the US market. Customers included Loblaws, Sobey’s, Walmart, A&P, Zellers, Duane Reade, CVS and Kroger.• Top finance position responsible for all finance and accounting, insurance and IT functions for a company acquired out of bankruptcy by a private equity firm. This included financial statement preparation and analysis, internal reporting, tax, purchasing and sales quoting, costing support, all budgeting functions, including assumptions and policies used, preparation of monthly actual vs. budget variance analysis and review of same with department heads, and preparation of all Board reporting related to monthly actual vs. budget performance. • Lead person responsible for finance team changing from a reporting department to playing a critical, active role in the sales and operational teams decision processes. • Designed and implemented monthly and weekly reports to communicate key performance indicators to keep all stakeholders informed of significant and material financial and operational information and issues.• Decreased month end close from 15-20 days to 7-8 days.

• Chief Financial Officer of underperforming supplier to Tier I “Big Box” retailers and Tier II customers in Canada and the United States. • Responsible for all finance, accounting and treasury functions including consolidated statements, internal reporting, tax, budgeting, purchasing, sales quoting, costing support, IT functions. • One of the key executives that implemented a turnaround plan to restructure company from operational losses of $14 million on revenues of $82 million to operationally breakeven on revenues of $60 million, and improved gross margins from 2% to 14%. At the same time helped decrease inventories from $23 million to $12 million which created $11 million of free cash flow. • Successfully refinanced the company within 6 weeks including due diligence materials.• Designed and implemented monthly and weekly reports to communicate key performance indicators to keep all stakeholders informed of significant and material financial and operational information and issues.

Provided hands-on interim senior management to global companies facing change due to rapid expansion, downturns, consolidation, shareholder disputes, rapid growth, or other challenges to corporate value and liquidity. Boosted business performance, reduced non-essential costs, and increased cash flow and business valuation.Key ContractsManufacturing, Hi-Tech – Cashcode, Interim CFO and Financial Advisor, $50-60 millionManage all finance and accounting operations, including purchasing and costing of a hi-growth, hi-tech manufacturing company with global sales, including all treasury functions, including hedging, investments, day-to-day cash flow, maximization of interest income and insurance. Responsible for co-ordination and preparation of all due diligence materials to facilitate a sale of the company during a shareholder dispute. Company value doubled from $50-100 million in 18 months and passed major advisory firm quality of earnings in 3 days.Healthcare, MedChem, $90 million, 1,000 employees, cross border CCAA, Chapter 11Court appointed CFO of public company to replace existing management team which granted a CCAA stay.Responsible for all finance and accounting operations, including all treasury functions, including management and improvement of day-to-day cash flow, purchasing and monitoring and reporting in accordance with lending agreements.Repaid bank debt by $3 million in 1 month and increased EBITDA from $10 to $18 million in 2 months.Restored credibility, demonstrating to court, creditors and investors the true cash flow and real profitability, resulting in value increase of $65 million, from $60 to $125 million in 3 months.Manufacturing Cross Border CCAA, S304 - Imperial Plastech $50 million, CFOAppointed by Court as CFO of company complicated by a shareholder deadlockResponsible for all finance and accounting operations, including all treasury functions, including improvement of day-to-day cash flow management systems and procedures.