Terrence Grossman Email & Phone Number

New York, Ny, Us

Experienced retail professional that leads teams and clients through high-profile financial and operational restructurings, crisis situations, capital raises, M&A transactions and enterprise improvement initiatives.- Assisted a billion-dollar specialty retailer in restructuring its underperforming store portfolio and reducing its significant excess inventory position, as part of the company's successful restructuring. Also developed an innovative process to extend a closed-store sale process past emergence from bankruptcy to maximize the value on a liquidation of excess inventory. - Advised JCPenney on the creation, structuring, and execution of an operating company/property company real estate structure. Led the evaluation, restructuring and optimization of the company’s store portfolio and assisted in establishing separate treasury and corporate finance functions as going-concern entities.- Advised GMAC Mortgage on the development and execution of a contingency plan that enabled the company to become the first major mortgage provider to transition through bankruptcy as a going concern; led carve-out of its origination and capital markets platform after the transaction process failed to gain traction; platforms then successfully transitioned to a stand-alone operation in approximately 45 days.- Advised The Children’s Place on carve-out and sale of the Disney Store chain; led recapitalization of its balance sheet, which added $125 million in liquidity in a difficult credit environment.

Tulsa, Ok, Us

Selected to provide merger integration advisory services and assist in developing the Office of CFO and Enterprise Risk Management platforms for a high growth residential mortgage origination and loan servicing roll-up.• Created an Enterprise Risk Management program from scratch. Developed the methodology to identify, assess, monitor, remediate strategic risks and integrate the platform into other governance and operational functions to leverage current processes, maximize efficiencies and minimize program costs. • Developed initial finance and control processes for a loan servicing acquisition. Established banking and treasury structures. Developed general ledger hierarchy and initial control procedures. Function was operational in five weeks and successfully merged into the overall finance function..• Designed and assisted in the implementation of a cash flow forecasting process to identify and measure drivers of operational and working capital performance. The process allowed the company visibility to act upon key performance indicators and improve cash flow and liquidity.• Conducted a gap assessment of reverse mortgage servicing processes. Assisted in developing an action plan to improve visibility, controls, liquidity and accountability of third party sub-servicers. • Assessed, documented and developed recommendations and plans to integrate finance, treasury, and FP&A, functions, systems for two forward mortgage acquisitions.

New York, Ny, Us

Led the carve-out, acquisition and divestiture execution services on behalf of the firm's private equity and institutional investor clients. Focused on providing corporate finance services to private equity portfolio companies post carve-out and acquisition.

Washington, Dc, Us

Rejoined the firm to provide consulting and advisory leadership in the areas of financial and operational restructuring and raising capital in distressed and under performing situations.

Amsterdam, North Holland, Nl

Sr. Vice President, Corporate Finance (2005-2006)Sr. Vice President, Finance, Strategy and Business Development (2004-2005)Recruited as a senior financial strategy leader to focus on acquisitions, internal business development and capital structure re-engineering. Based on performance, given the additional responsibility for Treasury, Risk Management, Corporate Finance and Investor Relations.Was a key player in the evaluation of various financial and strategic opportunities that culminated in a merger with funds from Apax Partners, LLP, in a $1.7 billion leverage buyout. Developed and led the execution of a global cash management and cash forecasting process which assisted the company in generating $90 million in cash above plan, prior to the Apax transaction. Instrumental in developing the plans and financial analytics for an operational restructuring that generated $40 million in expense reductions.Provided leadership on various treasury and risk management projects. Generated $4 million in annual savings and income.

Gb

(Business Recovery Practice sold to FTI Consulting, Inc. in 2002) Managing Director (2002 – 2004)Director (2000 – 2002) Sr. Manager (1999 – 2000)Specialized in assisting Senior Management and Boards of Directors of under performing companies in the areas of operational and financial restructuring, raising capital and crisis management.

Us

Part of the leadership team that executed the carve-out of Linens ‘n Things from CVS in an Initial Public Offering. Raised $160 million in revolving credit and medium term debt financing. Established a stand alone treasury department.

Woonsocket, Ri, Us

Assistant Treasurer (1996)Special Assignment - Corporate Finance, Strategic Planning (1995 – 1996)Director Cash Management - Treasury (1993 – 1995)Promoted to Assistant Treasurer after playing a key role in one of the largest out-of-court retail restructurings. Developed the financial modeling, analytics and valuation criteria for various acquisitions, divestitures and restructurings. Given responsibility for all treasury and capital markets functions

Arlington, Virginia, Us

NEW JERSEY ARMY NATIONAL GUARD - Captain 1988 - 1996Battery CommanderCommanded a 117 soldier Logistical Support Battery and a 75 soldier Fire Support Detachment. Responsible for training, deployment readiness and leadership development, as well as all the logistical and maintenance to support for a 600 soldier Field Artillery Battalion.UNITED STATES ARMY - First Lieutenant, Aschaffenburg, Germany 1984 - 1988 Executive Officer / Battalion Ammunition OfficerResponsible for management and supply of a Lance Missile Field Artillery Battalion's nuclear and non-nuclear ammunition and the training and welfare of 60 soldiers.

Mba, Finance

Bachelor Of Science, Economics