James E. Szczepanik
Partner
(847) 470-0200 Phone
(847) 470-0211 Fax
jszczepanik@silvermanconsulting.net
Jim Szczepanik has been with Silverman Consulting since 1990 and brought with him a wide range of turnaround, financial and operations experience, gained not only in implementation-oriented consulting work but also in his role as President of a distressed construction business which was successfully restructured and several management positions in the corporate world.
During his time with Silverman Consulting, Mr. Szczepanik has helped numerous clients become more profitable and rebuild their income statements and balance sheets through changes in operations, consolidation, profitable pricing strategies, reducing expenses and other initiatives. He has also advised and negotiated the sale of distressed companies in industries such as construction equipment, sporting goods, telecommunications, toys, and industrial machinery and equipment.
Mr. Szczepanik has assisted large and small companies including a $600 million construction and agricultural equipment manufacturer (serving as interim CFO), a $60 million toy manufacturer (turnaround and sale to a strategic buyer), a $550 million snack foods manufacturer (doubling of gross profit within a year), a $20 million electrical subcontractor (sold to a strategic buyer), $280 million telecom manufacturer (successful wind-down of operations and sale of core operation to a strategic buyer) as well as numerous others. Since 1990, Mr. Szczepanik has led over 130 distressed company client engagements for 80+ client organizations; he particularly appreciates the fact that clients return to Silverman Consulting if and when the need re-occurs.
Prior to joining Silverman Consulting, Mr. Szczepanik was President of a small insulation contracting firm in Illinois, a Senior Manager in the management consulting arm of Touche Ross & Co. (now Deloitte & Touche) and Manager of Financial Analysis and Planning within Abbott Laboratories. His previous clients included Federal government (the FDIC), local government (Chicago Police Department), healthcare (healthcare providers including nursing homes and acute care facilities), as well as manufacturing and distribution companies in many industries. His toughest client meeting involved a roomful of armed Chicago Police Department personnel who took exception to certain recommendations.
Mr. Szczepanik received his Bachelor of Arts degree in Physics from the University of Illinois and a Master of Business Administration from the University of Chicago. In his spare time Mr. Szczepanik enjoys astronomy, ice hockey and classic cars.
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