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Jeffrey T. Varsalone

Jeffrey T. Varsalone

Sr. Managing Director

phone 516.410.6215

email This email address is being protected from spambots. You need JavaScript enabled to view it.

Prior Experience

Background

  • Jeff is the founder and Senior Managing Director of VRS, with over 25 years of experience in distressed transactions, including restructuring, turnaround, workouts, going concern asset sales and representing various stakeholders and parties-in-interest in out of court restructurings and chapter 11 bankruptcies.
  • Jeff routinely serves as a Chief Restructuring Officer, assists clients with liquidity solutions, assesses business plan viability, structures plans of reorganization and conducts recapitalization and asset sale processes. Jeff has prepared expert reports on the solvency and valuation of distressed businesses and has testified in U.S. Bankruptcy Courts on a variety of issues. His experience covers a wide range of industries including Consumer & Retail, Energy, Healthcare, Industrials & Manufacturing, Real Estate & Hospitality, Technology, Media & Business Services, and Transportation & Logistics.
  • Prior to VRS, Jeff led the Crisis Management & Insolvency Services group at a boutique investment bank and restructuring firm.  He also spent several years in leadership roles in the restructuring groups of three of the largest accounting and financial advisory firms in the U.S., as well as the special situations group of another investment bank. Jeff started his career in restructuring in New York City at a boutique law firm after earning his Juris Doctor from St. John’s University School of Law, where he served as an editor for the American Bankruptcy Institute Law Review.
  • Jeff is an active member of the American Bankruptcy Institute, where he serves as the Northeast Regional Chair of the Development Committee for the ABI Endowment Fund and on the advisory board of the ABI Northeast Regional Conference. Jeff is also an active member of the Turnaround Management Association, the Commercial Finance Association and the Association of Insolvency and Restructuring Advisors.

Education

  • J.D., St. John’s University School of Law
  • B.A., Boston College

Konstantin A. Danilov, CFA

Konstantin A. Danilov, CFA

Managing Director

phone 413.841.2717

email This email address is being protected from spambots. You need JavaScript enabled to view it.

Prior Experience

Background

  • Konstantin is a Managing Director at VRS Restructuring Services, LLC (“VRS”), with over 15 years of experience in distressed transactions, including restructuring, turnaround, workouts, going concern asset sales and representing various stakeholders and parties-in-interest in out of court restructurings and chapter 11 bankruptcies.
  • Prior to VRS, Konstantin was a Director at a boutique investment bank and restructuring firm, and prior to that, was a Manager at Analysis Group, one of the largest private economics consulting firms globally, where he specialized in financial analysis related to bankruptcy, reorganization, and related matters. He has experience with matters involving complex restructuring challenges in some of the largest, most complex bankruptcies in history, including Lehman Brothers, ResCap, General Motors, Polaroid, Paragon Offshore and others. Prior to joining Analysis Group, he was a senior investment analyst at Manulife Financial, where he helped oversee the implementation of restructuring initiatives for the company's $3B pension plan.
  • Konstantin holds a Master of Science in Management/Master of Business Administration double-degree from the MIT Sloan School of Management and HEC Paris. He received the MIT Sloan Outstanding Thesis Award for his thesis titled “Corporate Bankruptcy: Assessment, Analysis, and Prediction” and was also the recipient of the HEC Paris Academic Award. He holds the Chartered Financial Analyst (CFA) designation and is a member of the CFA Institute.
  • Konstantin has published articles in various outlets, including the Wall Street Journal, the Association of Insolvency and Restructuring Advisors (AIRA) Journal, the Journal of Corporate Renewal, the Journal of Investment Management, Law360, and others. Konstantin is also member of the MIT CFO Summit Leadership Committee, and previously on the editorial board of the Association of Insolvency and Restructuring Advisors Journal.

Education

  • MS / MBA Dual-Degree, MIT Sloan School of Management / HEC Paris
  • B.A., Economics, University of Massachusetts, Amherst
  • Chartered Financial Analyst (CFA) Designation

Mike Giles

Mike Giles

Managing Director

phone 617.686.4129

email This email address is being protected from spambots. You need JavaScript enabled to view it.

Background

Mike Giles is the Managing Director of Business Development at VRS. Mike has more than 20 years of experience as a successful private equity and debt investor, board member, corporate leader, and small-business owner. Prior to joining VRS, Mike founded Giles Growth Advisory, where he assisted companies in identifying and executing growth opportunities, optimizing strategies, and driving revenue through tailored business development consulting.

Mike has served as an independent board member for numerous companies across a wide range of industries, including those in the technology and business services, industrials and manufacturing, transportation and logistics, and renewable energy sectors.

Mike previously served as a Managing Director of Originations at a multi-billion-dollar global alternative asset manager specializing in private credit and direct lending to middle-market companies. Prior to private credit, Mike served in key leadership positions at several rapidly growing companies. Mike began his career at Summit Partners, a venture capital and growth equity firm based in Boston.

Mike also serves as Managing Director of Business Development for VRS’s affiliate, Iron Eagle Capital, which provides a full suite of capital advisory services to healthy and growth-stage companies, including buy-side and sell-side M&A execution, debt placement, and recapitalization services.

Education

  • B.A. Dartmouth College


Scott Prol

Scott Prol

Vice President

phone 973.557.7613

email This email address is being protected from spambots. You need JavaScript enabled to view it.

Prior Experience

Prior Experience

Background

  • Scott Prol is a Vice President at VRS Restructuring Services, LLC (“VRS”). Scott has over 15 years experience in business advisory, consulting and audit services with expertise in restructuring, bankruptcy, and litigation support.
  • Scott’s experience includes working as a financial advisor to Chief Restructuring Officer’s, debtors, unsecured creditors’ committees, trustees, plan administrators, and other parties-in-interest in numerous bankruptcy proceedings. His experience also includes liquidation and wind down management, claims administration, and litigation support in connection with fraudulent conveyance and preference litigation. Scott’s experience includes but is not limited to the following industries: healthcare, industrials and manufacturing, consumer and retail, transportation and logistics, construction and technology.
  • Prior to joining VRS, Scott worked for G2 Capital Advisors where he specialized in advising middle market companies and stakeholders in special situations, reorganizations, and bankruptcy proceedings. Prior to G2, Scott worked for a top 10 financial advisory and accounting firm where he worked in their national Corporate Recovery & Litigation Services practice. Prior to that, Scott was a senior auditor in the firms audit practice, and an intern for Corporate Recovery & Litigation Services practice for approximately 2 years.

Education

  • B.S., Business Administration with Concentrations in Accounting and Business Management, Montclair State University


Diane Clark

Diane Clark

Managing Director

Background

  • Diane has over 25 years of experience in senior leadership positions at several technology and business services companies, including IDT Corporation, Opera Solutions, LLC, ElectrifAi, LLC and Daitrix, LLC. Additionally, Diane spent 5 years in the private practice of law at two regional law firms. 
  • Diane routinely draws on her expertise navigating the complexities of business law as a hands-on operator, having overseen the finance, operations, marketing, IT, human resources and in-house counsel functions of technology companies.
  • Diane’s accomplishments include building out dedicated business segments and guiding companies through various transactions, including an initial public offering, a secondary offering, several M&A transactions and restructurings.
  • In addition to her accomplishments in the business world, Diane also has taught business law as an adjunct professor at Centenary University, served as Board President of her local school board and is routinely a respected voice on the intersections of business law, technology, telecommunications, government affairs, compliance and dispute resolution.
  • As a technology industry expert with extensive and multi-faceted experience as an operator, Diane provides clients with interim management services, distressed and special situation transaction services and insolvency services, including Assignments for the Benefit of Creditors under state law.

Education

  • J.D., Western New England College School of Law
  • B.A., Rutgers University

Parry Jarman

Parry Jarman

Senior Advisor

Background

  • Parry Jarman brings over 35 years of financial leadership at the intersection of technology, energy, and capital markets. As Interim CFO at VRS Restructuring Services, he supports the firm’s financial operations, strategic planning, and capital structuring during a pivotal period of expansion and innovation
  • Parry has successfully guided venture-backed and private equity-owned companies through every phase of growth—from seed-stage diligence to scaling operations beyond $500 million. He combines deep expertise in FP&A, M&A integration, and capital markets with a strong focus on emerging business models, particularly in decentralized energy and infrastructure.
  • In addition to his role at VRS, Parry currently leads capital markets at Torus, a next-generation energy storage company. His prior roles include SVP of Finance & Strategy at Lumio, VP of Finance at Ivanti, and nearly two decades at Intel Corporation, where he led global finance teams and managed multi-billion-dollar portfolios.

Education

  • MBA, Brigham Young University
  • B.S., Accounting University of Utah
  • Certified Public Accountant (CPA)

Steven King

Steven King

Senior Advisor

Background

  • Steven King is a transformational COO/CTO with over 20 years of leadership driving operational excellence, strategic growth, and enterprise-wide transformation for high-growth and complex companies. As a proven force multiplier for organizations in transition, he specializes in translating vision into measurable results through disciplined execution, cross-functional leadership, and operational rigor.
  • Steven specializes in building the operating and technology systems that drive sustainable growth.  Steven also has extensive experience leading M&A, corporate restructuring, and high growth organizations.
  • Most recently at a large residential solar provider, he led the integration of four companies by aligning the people, process and systems, established the EPMO/TPMO, tightened OKRs, created the strategic roadmap, and aligned R&D, field operations, and vendor management—improving margins, throughput, and team efficacy. 
  • His prior leadership roles include senior positions at Adobe, Workfront, Instructure, and other high-growth SaaS organizations, where he guided organizations through key growth initiatives, operational improvements, and complex acquisition/integrations.
  • Steven’s expertise spans operational excellence, employee development, strategic planning, process improvement, resource and financial excellence, data analytics and metrics.

Education

  • B.S., Organizational Behavior, Brigham Young University
  • Executive Program, The Wharton School, University of Pennsylvania

Robin Maxwell

Robin Maxwell

Senior Advisor

Background

  • Robin Maxwell is a senior finance and operations executive with over two decades of experience driving treasury strategy, risk management, and process optimization across industrial, manufacturing, and high-growth sectors. Positioned between the CFO and Controller levels, she brings a strategic and operational command that enables disciplined financial management, scalable infrastructure, and sustainable enterprise performance.
  • As Vice President of Finance & Operations, Robin has led initiatives that stabilized liquidity, improved forecasting accuracy, and strengthened operational resilience for complex global organizations. She has guided corporate planning processes spanning capital allocation, M&A readiness, and long-range growth initiatives—while modernizing ERP systems and analytics to accelerate data-driven decision-making.
  • Earlier in her career, she held senior roles at FinMkt, Mosaic, Toyota Financial Services, and Volkswagen Credit, where she built and scaled risk management programs, designed credit and underwriting frameworks, and implemented portfolio governance structures that improved profitability and reduced exposure. Her leadership in automation and process transformation has repeatedly delivered measurable cost savings and efficiency gains across finance and operations.
  • Known for blending analytical precision with strategic foresight, Robin is a trusted partner to CFOs, boards, and executive teams navigating liquidity constraints, credit risk exposure, and organizational change. She excels at designing scalable financial infrastructure, implementing robust treasury controls, and aligning operational execution with enterprise strategy.

Education

  • MBA in Management (Honors), American Intercontinental University.
  • B.S., Business Administration (Summa Cum Laude)

Kelton Tonn

Kelton Tonn

Senior Advisor

Background

  • Kelton has over 30 years of experience in senior leadership positions at energy companies specializing in offshore oil & gas exploration, production, decommissioning, mining, engineering, environmental remediation, and heavy civil construction. His unique background includes 10 years of experience in engineering and construction as a project engineer and project manager, as well as over 20 years of experience as internal counsel to energy companies and in the private practice of law.
  • Kelton has significant transactional experience in a range of offshore construction projects from design, fabrication, and installation through decommissioning, as well as on M&A and restructuring transactions in both the offshore construction services and offshore energy sectors. Kelton’s accomplishments include leading commercial operations and overseeing risk management as corporate counsel, advising a portfolio of companies with common ownership, serving as senior counsel at two publicly traded energy companies, and currently acting as fractional general counsel to several companies in the offshore energy and shipbuilding and repair sectors.
  • Kelton is currently licensed to practice law in Alabama, Montana, Wyoming, and Texas. He still maintains his professional engineering license in Texas and is a certified mediator in Texas. As an energy industry expert with multi-faceted experience, Kelton provides clients with interim management services, distressed and special situation transaction services and restructuring advisory services. Kelton currently serves as Chairman of the Wine Events Committee for the Houston Livestock Show and Rodeo™ and is also a founding director of the Top Hand Scramble Foundation, Inc., a Texas non-profit corporation that supports calf scrambles and other youth agricultural programs.

Education

  • J.D., South Texas College of Law Houston
  • B.S., Civil Engineering, Texas A&M University

Ryan Wittman

Ryan Wittman

Senior Advisor

Background

  • Ryan Wittman is a seasoned finance leader specializing in scaling startup and growth-stage companies in the SaaS and technology-enabled services sectors. With over a decade of experience spanning private equity, restructuring, and corporate finance, Ryan brings a unique blend of operational expertise and strategic insight to his clients.
  • He is the Founder of Forethought Finance, where he provides fractional CFO services to SaaS startups and small businesses, helping them build scalable financial infrastructures, optimize capital strategies, and drive sustainable growth. Previously, Ryan served as Vice President of Restructuring at G2 Capital Advisors, leading financial and operational revitalizations across the tech and business services landscape. His background also includes private equity experience with Brook Venture Partners, where he provided CFO-level support to portfolio companies, as well as senior finance and strategy roles at PerkinElmer.
  • At Cornell, he was a standout athlete on the men’s basketball team, leading the program to the Sweet 16 in the 2010 NCAA Tournament, earning Ivy League Player of the Year, and being named a two-time Academic All-American.

Education

  • B.S., Applied Economics & Management, Cornell University
  • MBA, Carroll School of Management, Boston College

Jason Luciani

Jason Luciani

Vice President

Background

  • Jason Luciani has over 15 years experience in FP&A, M&A, and complex restructurings across distressed and high-growth environments.
  • Previously, Jason served as a Director at Lumio HX, Inc. as well as a Fractional CFO to multiple start-ups, where he played a key role in a multi-year corporate restructuring and consolidation, optimizing cost structures, and leading forecasting and project finance strategy.
  • Prior to Lumio HX, Inc, Jason was CFO of large residential solar installer, where he led all financial and strategic operations through a high-growth phase and executed a successful M&A transaction culminating in the company’s acquisition.
  • Jason holds a Master of Science in International Business/Master of Business Administration double degree from Clemson University and IESEG School of Management, Paris.

Education

  • MS / MBA Dual-Degree, Clemson University / IESEG School of Management
  • B.A., Psychology, University of Central Florida