Lon Wiese

Mr. Wiese began his career in accounting and financial management with Ford Motor Company and then with Westinghouse Corporation as a Regional Controller with Group W Cable. For more than 20 years, he has served as either CFO or COO of a number of private companies, often working with those in financial difficulty.

He has been effective in restructuring the debt of companies facing imminent default or foreclosure, as well as repositioning companies to better attract new debt and equity capital. While CFO with Walt’s Radiator & Muffler, a Northwest regional auto repair and parts distributor, he successfully negotiated a $6.0 million refinancing package. Mr. Wiese has hands-on experience with turnarounds and has successfully reorganized companies in Chapter 11 bankruptcy.

As CFO of Silicon Metaltech, he devised and implemented operational and financial strategies which allowed the company to operate strictly on its own cash flow for three years under Chapter 11 until its successful reorganization. As CFO of Cordance Corporation, Lon reorganized the company under Chapter 11, including a consensual plan of reorganization which raised $4.0 million in private debt. During this same time, he successfully resolved $11.5 million in contested employee stock purchase notes and related federal income tax issues. He subsequently raised an additional $5.6 million in private debt for the company. Lon has broad industry experience including Internet technologies, multi-media entertainment, aerospace engineering, cable television, manufacturing, metals and mining, medical devices, wholesale-distribution, and multi-site retail.

He holds an MBA in Financial Management and BA in Business Administration from Washington State University. He is a member of the Turnaround Management Association and the Association for Corporate Growth.