Steven F. Agran has over 20 years of experience providing turnaround and interim management services to financially distressed companies. He provides financial and operational advisory services to company ownership, Boards of Directors, private equity groups, lenders and investors focusing on workouts, loan restructurings, strategic planning, bankruptcy, and mergers and acquisitions. Mr. Agran works with company management to develop and implement business plans that create profitable growth and increase enterprise value.
Mr. Agran has served in various roles for a myriad of companies, including Chief Restructuring Officer, Chief Executive Officer, Chief Operating Officer, Chief Financial Officer, and Advisor. His engagements have encompassed turnarounds, operational and financial restructurings, liquidations, cash management, operational and financial assessments, due diligence and examinations, and Chapter 11 reorganizations and §363 sales.
Mr. Agran’s wide range of industry experience has included trucking & transportation, distribution, food production & services, consumer products, manufacturing, businesses services, retail, and healthcare. He has also advised many family run businesses as they worked through transition periods.
His recent experience includes serving as CRO of Dell’s Maraschino Cherries, overseeing the transition during a Brooklyn DA investigation, CFO of a start-up Beef slaughter and fabrication company, implementing policies and procedures, creating accounting tracking and measurement systems and providing integral advisory on strategy and planning. He has served as interim CEO and CFO of an $80 million artificial flower design, sales and distribution company, CRO to a supplemental education company settling disputes between Equity and Lender. He has implemented a safety program, equipment procurement, tracking and monitoring systems for a $250 million trucking company emerging from bankruptcy. He oversaw the planning, bankruptcy and wind-down of Jevic Transportation, Inc. and provided management consulting and merger integration services for a $300 million health care organization.
Prior to joining Carl Marks Advisors, Mr. Agran was a Principle at Morris Anderson LLC. He has also been a turnaround advisor at Addition Management, Glass & Associates and Nightingale & Associates. He began his career with PriceWaterhouse in New York City.
Mr. Agran earned a BBA from the University of Michigan and an MBA from Duke University’s Fuqua School of Business. He is a CPA (inactive), TMA Certified Turnaround Professional (CTP) and a Certified Insolvency and Restructuring Advisor (CIRA). Mr. Agran is also on the Board of Directors of the New Jersey Turnaround Management Association, Board of Directors of Global TMA and former co-chair of the TMA Mid-Atlantic Symposium.