Greg has over 30 years of financial and operational experience with a major focus in restaurants. He has worked for Koch Industries, Pizza Hut, Little Caesars, owned and operated his own restaurant franchise, and worked extensively in chain restaurant turnarounds and restructurings. His work includes extensive bankruptcy experience and he is NRCP’s lead partner on bankruptcy engagements.
From 2001 through 2007 he worked for Koch in Wichita, KS improving, then selling a $400 million portfolio of distressed restaurant loans. Greg & his team recovered 92% of the portfolio vs. an industry norm of 60%. The work included numerous out-of-court restructurings with franchisees of major restaurant chains such as Denny’s, KFC, Burger King and similar brands.
Greg also possesses experience with firms in Chapter 11. During 2012, Greg served as the VP- Administration for Friendly’s during their Chapter 11 filing. Greg directed the financial and administrative processes to support counsel and the required filings. During this transaction, Greg worked closely with restructuring firms Alix Partners and Zolfo Cooper.
Also, in 2012, Greg joined Krystal as the interim CFO, executing the firm’s transition to private equity ownership. Greg directed financial and operating improvements in a period of rapid change.
Greg’s public accounting experience includes a 7-year stint as a CPA with Price Waterhouse & Deloitte. He also worked in Pizza Hut finance, and later Market Director-Colorado for Little Caesars. As a consultant, Greg, has been engaged to complete special projects/turnarounds for franchisees of major national concepts and several mid-sized concepts.