Kevin Rife
MANAGING DIRECTOR
e-mail Kevin
Stephen Judge
DIRECTOR
e-mail Stephen
Jill Akre
SENIOR FINANCIAL CONSULTANT
e-mail Jill
Bernard McTamney
DIRECTOR OF MARKETING & FINANCING SERVICES
e-mail Bernard
Chris Simmons
FINANCIAL CONSULTANT
e-mail Chris
Patrick Stewart
SENIOR FINANCIAL CONSULTANT
e-mail Patrick
Joseph Zakorchemny
SENIOR FINANCIAL CONSULTANT
e-mail Joe
With over a decade of experience in turnaround management and interim executive management, and more than 20 years in management consulting and strategic development, Kevin ensures that each project is handled with the highest level of integrity.
Throughout his career, Kevin has provided value to all stakeholders by developing operational & financial strategies, implementing procedures to effect change, forecasting and communicating expected results, improving cash flow, negotiating with vendors and creditors, liquidating assets when necessary, and maintaining order and direction through chaos.
Kevin has advised clients and financial institutions on troubled loans with balances ranging from $2 million to $50 million. Banks he has served range in size from local to multi-national institutions. Clients have been diverse in size and industry, from small businesses to several operations with annual sales in excess of $100 million.
Kevin has also served as an interim executive for companies ranging from $2 million to $50 million in annual sales and revenues. Many business owners and their stakeholders have turned to Kevin to successfully develop and implement improvements that maximize their respective investments.
Director at Rife & Associates since 2009, Stephen has been affiliated with Kevin Rife since 2003, and has made significant contributions to businesses in need of his turnaround management expertise since the beginning of his career.
Stephen served as a captain in the US Army Reserves where his assignments included a tour of duty in Saudi Arabia during Operation Desert Storm. Stephen has advised regional and national banks and financial institutions regarding troubled loans ranging from $5 million to $50 million.
Stephen has become an expert in financial and operational management through executive level financial leadership positions in an international manufacturer, a national chemical transportation corporation and a regional transportation company.
Jill brings over 30 years of banking experience to Rife & Associates. As a restructuring banker for the past 20 years, Jill provides a unique perspective of the lender-borrower relationship. Her knowledge of regulatory and other requirements faced by creditors is valuable both for the borrower and the lender. Jill’s prior employers include both large and regional banks.
Throughout her career, Jill has been responsible for restructuring indebtedness for middle market companies and large corporations. She has served on numerous unsecured creditors’ committees and has worked on large scale bankruptcies, including Enron and Kmart. Her varied industry experience includes hotels, retailers, healthcare providers, textile manufacturers, power and energy companies, and leasing companies.
Jill holds an MBA in Finance from Drexel University and a BA in Economics from the University of Pennsylvania.
As Director of Marketing and Financing Services, Bernard is responsible for building relationships with businesses that will benefit from Rife & Associates services, as well as aiding clients in obtaining financing through his established business, Pennant Financial Corp.
Most recently, Bernard was a partner in 44 Financial, a correspondent for many non-bank lenders specializing in small and middle market companies and a direct bridge loan lender for commercial real estate. He was directly involved in placing over $1 Billion in loans. Bernard has extensive experience in the shipping and logistics industry, both national and international. His has held titles such as Director of Corporate Marketing and Director of Operations with responsibilities for corporate finance, marketing and operations. He was successful in expanding the size and capacity of numerous shipping terminals on the East Coast, and oversaw the port operations for over 100 liquid bulk tankers owned by organizations in over 20 countries.
Bernard’s experience in banking and shipping will allow him to steer Rife & Associates’ clients toward financing that will meet their needs and help them accomplish their goals.
Chris has been with Rife & Associates since its founding. His expertise in Microsoft Excel and multi-platform data extraction is used in all stages of financial model construction and utility development. With over ten years of diverse experience in Information Technology, Chris has a strong focus in troubleshooting and implementing software system improvements.
Chris also has eight years of operations experience with a $10 million dollar entertainment facility where he developed management reporting, profitability analysis, and coordinated the development of a custom reservations program. Chris was invaluable during the final 18-month wind-down of operations, working directly with outside consultants, assisting in the management of the business, creating financial projections and reports, and negotiating with vendors. His efforts were a key component in the successful sale of the real estate which maximized the value to the stakeholders.
Chris works directly with many clients of Rife & Associates, providing significant improvements in systems and processes, and assisting clients in maximizing the use of their software and technology.
Patrick has more than fifteen years of corporate finance and corporate restructuring experience. He is lead consultant responsible for deal management and execution of investment banking activities. Prior to joining Rife & Associates, Patrick was the Director of Investment Decisioning and Emerging Products at Barclays Bank Delaware where he was in charge of corporate strategy, new portfolio analytics, corporate investment returns, corporate valuations, Basel II capital analytics and business case development for all new banking products.
Prior to Barclays, he served as a manager in CBIZ's (NASDAQ:CBIZ) consulting practice specializing in management consulting in litigation settings. Prior to that Patrick worked for KPMG's and PricewaterhouseCoopers's corporate restructuring practices providing merger, acquisition, divestiture, debt financings, interim management, crisis management and consulting to management of distressed companies. He has significant experience working with corporations in developing business strategies including plans for growth reorganization, rationalization, capital, due diligence and liquidity alternatives. Patrick has experience in several industries including manufacturing, retail/wholesale, professional services, transportation and logistics, banking and financial institutions, energy, real estate and timeshares, entertainment and healthcare.
Patrick has advised companies ranging in size from several million dollars in revenue to several billion dollars. He has held interim management positions and served as interim CFO of several small companies. Patrick has significant transaction experience closing multiple sell-side M&A transactions as well recapitalizations and DIP financing transactions. In addition, Patrick has a significant amount of experience in process improvement and streamlining operations and businesses. His work is a major contributor to successful turnarounds as well as creation of shareholder value.
Joe has 20 years of valuable experience as a workout and asset specialist or as a consultant, including the operation of numerous commercial and apartment rental real estate companies. Joe has been with Rife & Associates for 3 years, where he has managed the day-to-day needs of various enterprises through turnaround and wind-down engagements. Joe has managed numerous real estate entities, restaurants, and retail establishments that were in bankruptcy or foreclosure. Joe was able to implement controls over costs, strengthen the revenues of the properties, and provide maximum payoff for the banks and creditors.
He managed troubled loans acquired from the Resolution Trust Corp. These loans were primarily commercial real estate loans and ranged from $20 million to $50 million.
Overseeing the management of a bowling center that had been taken over by its bank, Joe successfully maintained revenues, while managing costs, providing improved cash flow, and paying the bank. Joe managed the sale of the bowling center at a price that was in excess of the appraised value.
