By Stephen Coulombe, Bob Duffy, & Keith Jelinek, Managing Directors, Berkeley Research Group LLC
Retail executives have felt the impact of the new and more demanding business environment in recent years. The rising challenges of new competition, technology, consumer demographics, etc., have caused unsettling shifts few could have predicted as the new millennium began.
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Keith Jelinek is a senior managing director at Ankura, based in New York. He has more than 30 years of experience leading and advising Fortune 100 companies to drive transformational improvements, with a focus on retail and consumer. He previously was a senior vice president with Kmart Corporation and before that spent 20 years with Thrifty-Payless Drug Stores. Prior to joining Ankura, Jelinek held senior roles at two global business advisory firms, with a focus on retail and performance improvement.
Bob Duffy is a managing director in BRG Corporate Finance and specializes in performance improvement and restructuring. He has more than 30 years of experience, including serving as an advisor to private equity firms, corporations, lenders, and boards of directors of underperforming businesses and companies in transition. He also has served as CRO and COO for clients. With experience in a number of industries, Duffy has led successful engagements in the United States and throughout the world.
Stephen Coulombe is a managing director with Berkeley Research Group LLC and has 20 years of advisory experience, with significant expertise advising retail companies. He has led multiple complex revitalization and restructuring assignments and has served as interim CFO and CRO. In addition, Coulombe has extensive experience implementing store rationalization, cost optimization, working capital improvements, and right-sizing capital structures. His assignments have included The Children’s Place, RadioShack, Quiksilver, and WetSeal.