Kaufman brings over 30 years of turnaround experience and in-depth expertise in health care, manufacturing and retail sectors
PKF Clear Thinking, the award-winning business advisory firm and subsidiary of PKF O’Connor Davies, one of the nation’s largest accounting, tax and advisory practices, today announced the hiring of Marjorie (Margie) Kaufman as Partner. Kaufman, who has provided turnaround and interim management expertise for companies around the country for over thirty years, brings immense experience in developing and implementing strategic and financial plans that drive business success and control costs. She will be based out of the Firm’s Boston, Massachusetts, office.
“With a wealth of knowledge and extensive experience in diverse industries, Margie is an outstanding addition to the team,” said Stuart Kessler, Chief Executive Officer of PKF Clear Thinking. “I am confident that her unique problem-solving skills and C-suite mindset will be tremendous assets to our clients.”
Kaufman joins PKF Clear Thinking from Christmas Tree Shops, LLC, where she served as Chief Financial Officer. Prior to her position at Christmas Tree Shops, Kaufman spent fifteen years at a middle market turnaround and restructuring firm, frequently serving as interim Chief Restructuring Officer and Chief Financial Officer for companies experiencing financial difficulties. As part of those engagements, she provided cash flow management services, conducted business plan viability analyses, designed and steered turnaround action plans, managed debt and equity placement, sourced refinancing, and leveraged her deep expertise in forensic accounting. Kaufman’s work has spanned many industries, including retail, car rental and sales, distribution, health care, education, manufacturing, food and beverage, and professional services.
Kaufman was recently named Chair of The International Women’s Insolvency and Restructuring Confederation (IWIRC), the premier international networking and professional growth organization for women in the restructuring and insolvency industry. She is a fellow of the American College of Bankruptcy and previously served as the president and director of the Northeast Chapter of the Turnaround Management Association, now serving as a member of the past president’s council for the chapter. Kaufman, a member of the American Bankruptcy Institute, frequently speaks on various aspects of restructuring and has been published in the American Bankruptcy Institute Journal. She holds a Bachelor of Science degree in Accounting from the University of Bridgeport.