Daniel Jerneycic

Managing Director
16+ years of restructuring and turnaround consulting
Focuses on business improvement, financial and operational turnaround initiatives and crisis management
Extensive experience working within the automotive industry
Detroit
@alvarezmarsal
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Daniel Jerneycic is a Managing Director with Alvarez & Marsal Restructuring & Turnaround in Detroit. He brings more than 16 years of financial consulting experience in financial and operational turnarounds, insolvencies, and restructurings. His primary areas of concentration include serving under-performing companies involved in turnaround initiatives, in-and-out of bankruptcy restructurings, and crisis management.

Mr. Jerneycic has extensive experience working within the automotive industry, having advised both OEMs and Tier I & II suppliers across various component parts segments. He has worked alongside secured lenders and equity investors, providing support in liquidity management and forecasting, cost reductions, pricing optimization, customer and labor negotiations, strategic planning, and business plan development.

Most recently, Mr. Jerneycic developed and led the turnaround and commercial settlement strategy of a Tier I automotive supplier. He handled part profitability assessments, financial modeling, liquidity management and forecasting, customer negotiations, vendor management, lender and stakeholder reporting, and overall strategy implementation.

Prior to joining A&M, Mr. Jerneycic was a Partner in EY-Parthenon’s Turnaround and Restructuring practice, working with both private and public-sector clients.

Mr. Jerneycic earned a bachelor’s degree from the University of Michigan and a master’s degree in accounting from the University of Michigan’s Ross business school. He is a Certified Public Accountant, Certified Insolvency Restructuring Advisor, and is Certified in Financial Forensics.


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Alvarez & Marsal Hires Daniel Jerneycic as Managing Director in North American Commercial Restructuring Practice. Jerneycic brings to A&M nearly 20 years of experience advising automotive sector clients on under-performance issues, operational turnarounds and restructurings.
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In 1981, shortly after Jack Welch became CEO of General Electric (GE), he issued a now-famous directive: Each of the company’s business units had to be number one or two in their markets; if not, they’d have to fix, sell or close it.
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