JACK TEITZ, CPA

Jack Teitz is Managing Director at Pittsburgh-based COMPASS ADVISORY PARTNERS. Jack is an experienced turnaround executive who specializes in providing hands-on financial oversight and day-to-day management support to a variety of entities including coal, metals and metals related manufacturing and distribution companies. He has completed successful debt refinancing projects and financial restructuring projects along with acquisitions and divestitures of assets and operating units. He has a wide range of experience including direct involvement in negotiations with lenders and trade creditors, implementation of new purchasing initiatives to reduce key cost drivers, negotiations of new collective bargaining agreements and sourcing of new debt and equity. He also has had hands-on responsibility for business planning, treasury, cash management, and financial reporting functions and has negotiated a variety of DIP financing arrangements. During his thirty-plus years as a business professional, Jack has worked effectively with boards of directors, senior management teams, lenders, and investors to evaluate refinancing and restructuring options for companies in PA, OH, WV, KY, IN and MI.

Jack has completed recent restructuring projects for various metals and coal companies, including, Buffalo Coal Company, Ormet Corporation, Sturgis Iron & Metal, James River Coal, Anker Coal, Acutus-Gladwin (AG Industries), Haskell Office Furniture, Turner Steel Corporation and WorldClass Processing, Inc.

Jack is a Certified Public Accountant as well as a member of the Turnaround Management Association. He received his Bachelor of Science Degree from Georgetown University and his M.B.A. from the University of Pittsburgh.