Lorne Karasik In 60 Seconds...
Senior finance executive with 38-yrs in business, 26-years as CFO in Thornhill, Ontario with extensive, finance, operations, and human resource experience. Highly skilled in financing, improving cash flow and profit margins, financial modeling (budgets, cash flow projections, M&A), KPI’s, change management, and business integration. A strong leader and communicator able to build and manage human capital to maximize bottom line results.
Specialist Skills
Profit Improvement
Cash flow Improvement
Strategic Thinker
Budgeting & Forecasting
Raising Funds
Track Record Highlights
- Played key role in facilitating the private equity purchase and subsequent sale of food manufacturing and distribution company, including due diligence and integration.
- Led and participated in various financings – debt, equity and mortgage financing from banks, government and private placements.
- Played a key role in IPO on NASDAQ of a Canadian company.
- Played a key role in the acquisition and integration of a Canadian food company. Integration finance, procurement and manufacturing functions into parent company systems and facilities.
- Developed and implemented inventory costing procedures to accurately reflect profit margins by product. Invaluable in assessing product profitability and areas of improvement.
- Involved in the sale and distribution of corporate training programs to a variety of large and medium sized public, private and educational institutions (Microsoft, Amex, Kraft Foods, etc.)
- Instrumental in building a system of post secondary private schools (corporate and franchised)from 3 locations to over 50 locations throughout Canada and master franchise locations in Mexico and China.
Sector Experience
- Manufacturing, Transport, Logistics Supply Chain
- Technology
- Food & beverage
- Retail & consumer-products
- media & telecoms
- Commercial printing
- Services & Private education
Looking For Something Specific?
Tell us what you're looking for & in as little as 48-hours of contacting us, we'll arrange a meeting with a Fractional CFO from our team of 100+ who has the experience you need to help you achieve the numbers that really matter to you.
Let us save you (valuable) time searching. Contact us.