Cathryn
Low
With expertise in the implementation of corrective
measures to restore and increase profitability, organizational cohesiveness,
and motivation of employees to participate in achieving corporate goals,
Cathryn Low brings over 20 years of experience in consulting, analysis,
auditing, financial and operations management to Prolman Associates. Ms.
Low has served as either the Chief Restructuring Officer, Chief Executive
Officer, or Chief Financial Officer on numerous occasions for her clients.
Working exclusively with troubled businesses since
1987, Low has provided distressed businesses the managerial direction
necessary to ensure the restoration of operational equilibrium and long-term
success. Low has provided crisis management and interim executive
management services either within or outside of Chapter 11 filings and
implemented the strategies required to enable businesses in either situation
to achieve successful restructuring. She has entered troubled businesses
and defined the appropriate management structure, allocation of
responsibilities and channels of communication to focus collective attention
on key elements of the business plan. In many situations, Low has provided
training for company managers in business principles and procedures to allow
them to effectively manage and contribute to the success of their business.
Additionally, Low has drawn upon her extensive financial modeling experience
and developed complex yet concise PC based planning models for many clients.
In her assignments, to allow management to address critical performance
issues on a timely basis, Low has developed and customized appropriate
operational reporting systems and trained company personnel to fully utilize
such tools.
Low’s past assignments range from small businesses to
corporations with annual sales in excess of $400 million. She is
experienced in several industries including, but not limited to,
manufacturing, restaurants, healthcare, retail, dealerships, banking, real
estate, transportation and technology. Within these industries, she has held
several senior financial and operational management positions, including
offshore assignments.
Low’s work with automobile dealers (Honda) emphasized all aspects of operating
expenses including inventory and labor. Her evaluation of market conditions
and breakeven volume produced recommended reductions in overhead expenses
and improvements in labor accountability.
Low served as Interim CFO for SeraCare Life Science,
Inc. during the company’s Chapter 11 reorganization, Senior Vice President
and CFO of a regional bank, CEO of Colts Manufacturing, Inc., and previously
as a CPA and manager with PriceWaterhouse (now PricewaterhouseCoopers, LLP)
in Boston and London.
In addition to her executive management services, Low
offers lectures to various professional organizations including the American
Bankers Association and the A.I.C.P.A. She has given training seminars to
financial institutions on loan workouts and managing asset recovery and,
while on assignment in London with PriceWaterhouse, she lectured at the Bank
of England on foreign exchange trading controls.
Low received a B.A. from Mount Holyoke College and an
M.B.A. in accounting and finance from Columbia University.
