Hiltz, Kenneth A.

Ken Hiltz specializes in the leadership of corporate turnarounds, restructurings and reorganizations. He has both led and assisted organizations in driving strategic solutions, including balance sheet restructuring, consolidation and wind down initiatives and sale and divestiture activities. He has extensive experience leading the planning and implementation of cash management strategies in distressed multinational organizations.

Whether as a senior advisor or as part of the senior management team, he works collaboratively with senior management and other advisors to assess alternatives, develop appropriate strategies and implement actions to maximize the company's opportunities. His broad experience includes leadership in both reorganizations and out-of-court turnarounds and restructurings.

With over 30 years of professional experience Ken has served as a financial advisor in dozens of clients in the areas of heavy manufacturing, automotive, contracting, automotive supply and numerous service businesses.
 

  • As part of the Dana restructuring, Ken provided executive leadership and hands-on direction to the global restructuring of the business including the rationalization of manufacturing facilities, cost reductions and pricing improvements.
     
  • In BearingPoint and other engagements, Ken has led global sale and divestiture activities.
     
  • Ken‘s experience also includes global cash management and cash repatriation strategies in numerous organizations. As CFO of Foster Wheeler, Hayes Lemmerz International, Dana Corporation and, most recently, BearingPoint, Ken led the efforts to repatriate cash from healthier foreign operations to support the needs of the US parent.
  • Ken has also been successful leading performance improvement initiatives in the financial department, improving controls while shortening closing cycles and reducing costs.


A Certified Management Accountant and CPA, Ken holds business degrees from Xavier University and the University of Detroit and is an alumnus of the Advanced Management Program at Harvard Business School. He is a member of the Turnaround Management Association and the American Bankruptcy Institute.