News Update - July 5, 2011

Farber Strengthens Turnaround Practice with Ian Brenner
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Ian Brenner Joins Farber Financial Group to Lead CFO Interim Management Business
Experienced Finance & Operations Executive Enhances Turnaround & Crisis Management Team

TORONTO — July 5, 2011 – Farber Financial Group, one of Canada’s pre-eminent independent financial services firms, is pleased to announce that Ian Brenner has joined the firm to lead the Interim Chief Financial Officer (CFO) suite of services and to augment the Turnaround & Crisis Management practice by providing adds hands-on, battle-tested experience to assist companies crystallize their strategy, rationalize resources, address weaknesses, leverage the key drivers of growth, and ultimately maximize value. Please click here to read Ian's biography on our website.

“Our Interim CFO suite of services is unique in the marketplace in that our CFOs often uncover long-term profit enhancement opportunities for the client," said Alan Farber, Joint Managing Partner and founder of Farber Financial Group. “Whether it’s a company that is growing so fast that they cannot afford a full-time CFO, or a project-based resource with experience managing complex scenarios that is required, our Interim CFOs get the job done.”

Farber’s Turnaround & Crisis Management practice provides strategic focus and executive, financial and operational leadership to boards of directors, private equity investors, lenders, executives and management of companies requiring assistance with transformation, accelerated growth, cultural change or clearer strategic direction in order to maximize the value of their business. Lewis Rose, leader of the Turnaround & Crisis Management practice said, “Our firm helps companies at different stages in their life cycle. When a company stumbles, our team is called upon to either provide triage or turnaround – always with the goal of getting the company back on its feet. Alternatively, when a rapid-growth company requires outside expertise or guidance, we are there keep them on a path to success. With his ability to identify needs and bridge the gap for a company’s financial resources, as well as his implementation-focused consulting skills, we welcome Ian as a key member of this Turnaround & Crisis Management team.”

 “As an experienced CFO, a private equity executive and a management consultant, Ian brings a wealth of experience to our Turnaround & Crisis Management practice. Ian’s focus goes beyond simply helping companies with tactical implementation; he is driven to help organizations discover and achieve their bottom-line potential,” said Gary Lifman, Joint Managing Partner of Farber Financial Group. “We have worked alongside Ian for many years and he is a tremendous fit with our entrepreneurial culture and our solutions-orientated approach to adding value to clients “

Prior to joining Farber Financial Group, Ian was both an investment and fund manager for a Toronto-based private equity firm, where he gained invaluable experience as CFO for one of the companies in their portfolio. Previously, Ian founded and was the executive in charge of a profit enhancement consulting practice at a Toronto-based accounting and financial services firm.

“Farber Financial Group, a firm known for its integrity and for delivering creative solutions and value-added results, is the perfect fit,” said Brenner. “Having the experience as CFO, consultant and a private equity manager gives me the unique perspective of understanding and empathizing with underperforming companies and businesses in financial distress.”  

About Farber Financial Group
Since 1979, Farber Financial Group has provided a range of specialized financial services including corporate insolvency and restructuring, forensic accounting, fraud investigations, corporate finance, mergers and acquisitions, business valuations, distressed financial advisory services, turnarounds and crisis management, interim CEO, COO, CRO and CFO management, profit enhancement and strategic opportunity assessments. A more complete description of these services may be found on our website at www.farberfinancialgroup.com.
 
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