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Phone: 919.654.6851 Fax: 919.882.1486 Info@CFOenterprise.com |
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Firm LeadershipLorna Nahil, MBA, MFP Founder and Managing Partner LNahil@CFOenterprise.comMs. 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. 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.
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