Bio

John K. Lane has 45 years of broad financial, operational, technical and international experiences with middle market and entrepreneurial companies, serving as board member, CEO, CFO and CRO. Have participated in virtually all facets of numerous companies in the areas of strategy, marketing, operations, accounting, contracts, tax, information systems, performance measurement, employee benefit and other incentive plans. John has served as an operating and liquidating receiver, has provided extensive turnaround services and has acted as crisis management and financial advisor for debtors and creditors. The industries that he has worked with include distribution, agribusiness, trucking, retailing, franchising, restaurants, real estate, chemicals, professional services, venture capital, software and technology, medical products and the manufacture of a variety of industrial and consumer products. John has also served as damage expert for numerous litigation matters, directed fraud audits, negotiated joint ventures and the resolution of breaches of contract, and provided numerous business valuations including several in connection with contentious proceedings. Some of John’s client engagements at Inglewood include: Appointed to serve as receiver for a large, international designer and manufacturer of tunnel boring machines ranging in diameter from 2 to 50 feet used in the excavation of tunnels for auto, rail, metro, water transmission, and sewer applications. Company projects have been located in United States, China, India, Australia, Russia, Europe and South America. Inglewood is assisting the company in restructuring its balance sheet and financing to position the company for a stronger, more profitable future. Retained to assist family perennial nursery business obtain $20 million in financing after the company experienced its worst loss year in its history. Inglewood prepared all of the marketing materials for the effort, including the initial Confidential Information Memorandum that outlined all of the issues that the company had faced and the steps the company had taken to resolve them. Several banks indicated that this upfront addressing of the issues was the critical factor in them agreeing to take a deeper look at the situation. Inglewood ran the entire process for this financing raise and assisted the company in not only obtaining the necessary financing, but also identifying a bank that will support the company’s growth plans. Engaged as Interim CFO of Quaker Steak & Lube and, within 11 days of being engaged, helped identify ultimate buyer of the Company’s assets and designated the ultimate transaction price. Led the Company’s effort to respond to the acquirer’s due diligence review, through its Chapter 11 Bankruptcy filing, and all financial filings for the bankruptcy. Led the Company’s financial preparation for the pending transaction close, assisted in a variety of transition issues and led in various financial and operating winddown efforts of the estate. In December 2016, the Ohio Chapter of the Turnaround Management Association (TMA) awarded the Quaker Steak & Lube Team its annual Turnaround/Transaction of the Year for 2016 for saving an iconic 40‐year‐old brand and 1,000 jobs through the sale of the company's operations to TravelCenters of America. Served as the interim CEO of American Roll Formed Products (ARF), a custom roll former located in Painesville, OH. Working with the management team, John led the transformation at ARF from a very entrepreneurial business to a process driven one, while maintaining the entrepreneurial spirit. ARF experienced significant sales growth and improved efficiencies under John’s watch. Additionally, it took only three months to move from board approval of ARF’s Southwest expansion to producing its first part. Prior to Inglewood, John was the Managing Director of The Revere Group-Cleveland, an IT and business consulting firm. John was also a partner at Price Waterhouse, serving for nineteen years, where he provided negotiation strategies for a successful $275 million acquisition and actively participated in three IPO's, including OfficeMax' offering which was at that time the largest retail IPO. John also served in Price Waterhouse's Retail and Real Estate Specialty Practices. John has a BBA degree from the University of Notre Dame, has earned the Certified Turnaround Professional (CTP) designation, is a CPA (non-practicing) and holds a Series 7 Securities License (inactive). John is a former Board Member and past President for the Northern Ohio Chapter of the Turnaround Management Association. He has served on and moderated numerous panels, authored articles and been quoted in the media on a number of business topics. He was also the subject of an article in The Journal of Corporate Renewal, the national publication of the Turnaround Management Association.