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Firm Leadership

Lorna Nahil, MBA, MFP
Founder and Managing Partner
LNahil@CFOenterprise.com

Ms. Nahil is the Founder and Managing Partner of CFO Enterprise, a North Carolina company providing Part-time and Interim Chief Financial Officer and Controller services to emerging growth and mid-market companies. As an entrepreneurial financial executive with over 32 years of multi-industry experience, she offers seasoned entrepreneurial expertise, strategic financial leadership, and executive management talent in the technology, service, distribution and manufacturing sectors. Her experience includes large and small, very rapid growth, public and private company international environments.

Ms. Nahil’s career combines the traditional "external" CFO role with the "internal" role. Externally, she interfaces with the financial community on IPOs, venture capital, bank lines of credit, and private placements. Internally, she collaborates with executive teams on strategic direction and mergers/acquisitions, while implementing and overseeing supply-chain process efficiencies, rigorous management information systems, tax administration, risk management, and human resource management. Ms. Nahil has extensive experience in operational management, and has focused in the international arena for over 30 years, developing a keen awareness and understanding of the Asian and European markets.

From 1999 to 2001, Ms. Nahil was Vice President and Chief Financial Officer for Hospitality Marketing Concepts, a family-owned third party hospitality company with revenues of $60 million and over 50 operations in the United States, Canada, South America, Europe, the Middle East, Asia and Australia. Ms. Nahil was a key member of the executive management team that led the company through a challenging pre-IPO period and grew sales by over 60%. Upon joining HMC, Ms. Nahil led a restructuring of the company's accounting and IT functions and implemented controls and procedures that enabled the Company to successfully manage its growth and provided management with timely information and analysis required operating the business. She also assisted in the development and implementation of a cost reduction program relating to the integration of several acquisitions made by the company prior to her tenure. Ms. Nahil developed and successfully implemented a financing strategy that facilitated the company's growth plans, provided financing for acquisitions, reduced borrowing costs and increased overall flexibility.

Prior to this, Ms. Nahil was Executive Vice President, Finance/ Chief Financial Officer and Managing Partner for MCP, Inc., a $15 million technology company. As a member of the firm's management committee, she provided analyses and participated in operational reviews, as well as presented critical strategic alternatives in board meetings with investment bankers and institutions. Under her direction, the company regained profitability, restructured its debt obligations resulting in a 60% annual cash flow savings, and expanded from one core business into three distinct business units, resulting in an overall gross margin increase, productivity improvement and operating cost reduction. Profitability coupled with a solid business platform drove the successful acquisition of the company.

As Vice President, Sales Operations for Ingram Micro, Inc., a 16 billion dollar public technology company, Ms. Nahil was responsible for driving the Company’s international expansion, while restructuring the sales and marketing operations to prepare for its first public offering.

Prior to that, Ms. Nahil held General Manager and CFO positions for McDonnell Douglas Company in their commercial aircraft organization, during the company's major business restructuring and pre-acquisition period. During a very dynamic period in the Corporation's history preceding the transformation, she drove restructuring the business portfolio to achieve financial stability while driving simultaneous changes in the accounting systems, financial reporting and staffing.

 

Ms. Nahil began her career at Digital Equipment Corporation, where, over a 14 year period she held a number of senior financial leadership positions, both domestic and international. Her responsibilities included Controller leadership and reporting for 32 subsidiary operations, Global Internal Controls, Corporate F&A, and financial operations management within the company’s $3 billion global field service operations.

Ms. Nahil is a Suma Cum Laude graduate of the University of Massachusetts, Amherst. She obtained a Masters in International Finance, with high honors, from Southern New Hampshire University and holds an Advance Degree in Management from Northeastern University, Boston. Additionally, Ms. Nahil received a MFP certification from The American Institute of Financial Management. She was elected to Who’s Who International and Cambridge Who’s Who.

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