Gordon T. Diachenko

Mr. Diachenko is a well seasoned corporate renewal specialist serving the needs of small to medium sized business concerns for the past 30 years. He specializes in assisting privately held companies, Federal government agencies and lenders in complex business situations. His extensive breadth of experience providing help to clients crosscuts many commercial and industrial business categories. Mr. Diachenko has been retained by businesses to improve efficiency, growth and profitability. He is an innovative thinker with broad-based expertise in operations, finance and business development. He has the proven ability to quickly analyze key business drivers and develop strategies to deliver substantial and permanent results for his client companies.

Mr. Diachenko just recently completed a 6-year contract, which began at the end of 2001, with the US Small Business Administration’s Small Business Investment Company Program as a Principal Agent for the Receiver. Mr. Diachenko was responsible for the daily management of venture capital portfolios comprised of small to medium sized businesses with gross sales of $3 million to over $50 million. Within those venture capital portfolios he assisted the senior management of the individual companies in implementing specific corrective actions in the areas of operations, finance and management which resulted in an increase in revenues, profits and an ease of operations.

Prior to that, Mr. Diachenko was retained as a consultant, to a company that was unsuccessful in completing a $200M “roll-up” of companies to commercialize new technology for its industry segment. As a consultant for a major New York bank with a large footprint in Texas, he developed and implemented a profitability plan which included the sell off of several of the acquired companies and then reorganized the remaining companies for growth, positioning them for a future sale. In one of those reorganized companies, Mr. Diachenko served as COO, where he reestablished independent operations and turned the company around to achieve explosive growth of sales from $20M to $40M in 12 months. After achieving the profitability goals initially recommended, Mr. Diachenko then identified potential companies interested in acquiring the managed company and led the negotiation team to a final disposition to the full satisfaction of the shareholders and the major bank.

In 1994, Mr. Diachenko joined Price Waterhouse Coopers, as an independent contractor, on a 5-year contract with the US Department of Justice, US Marshals Service Asset Forfeiture Unit. In that position, Mr. Diachenko was a senior team leader responsible for the management and sale of financial instruments and various types of businesses seized by the DOJ.

In 1989, the Resolution Trust Corporation recruited Mr. Diachenko as a Conservatorship Specialist to manage failed thrifts. After identifying Mr. Diachenko’s operational and financial talents, the RTC re-designated him as the Assistant Director of Operations (“COO”), responsible for opening the Northeast Consolidated Office in Philadelphia, PA. Later, in 1990, he returned to Washington, DC as a Senior Asset Marketing Specialist, and implemented several multi-family asset securitizations, whole loan sales and developed the first whole bank transaction. He then went on to complete over $4 billion of sales in 3-years with the assistance of a team of professionals he built at the RTC’s National Sales Center.

Mr. Diachenko began his career as an appraiser and auctioneer, and later went on to handle the disposition of commercial, industrial and agricultural loans in businesses ranging between $1 million to over $100 million. He served as a management consultant to commercial lenders, major accounting firms and the Federal government for commercial and industrial lending programs. Typically, the loan portfolios he worked on contained individual loans to businesses that were experiencing declines in revenues, profits and cash flow and were facing pressures from creditors or were undergoing changes in control that affected the ability for the companies to meet the covenants of their loan agreements.

Some of the other organizations Mr. Diachenko has provided professional services to over the past 30-years include JP Morgan Chase, Wachovia, Sun Trust, GE Capital, Grant Thornton, Accenture, CRI, Prentiss Hall, the Urban Land Institute, U.S. Department of Commerce, U.S. Department of Agriculture, U.S. Federal Bankruptcy Court (various locations), U.S. Federal Aviation Administration, U.S. General Services Administration Federal Property Resources Service, as well as many small to medium size privately held businesses. Mr. Diachenko holds title to being the youngest ever appointed Operating Trustee, in 1982 at the age of 26, for a multi-million dollar aircraft manufacturing facility located in Puerto Rico. He is also an accomplished speaker that has lectured on many business subjects related to distressed debt and business improvement.