Michael Jakolat, CTP, has extensive experience in turnaround consulting, development and implementation of strategic business plans, acquisitions and divestitures, and financial management. He has nearly 20 years of operational experience in Fortune 500 and middle-market companies across a spectrum of industries.

Prior to joining Morris·Anderson, Mr. Jakolat was Vice President and Chief Financial Officer for Life Fitness, a manufacturer of high-end consumer and commercial fitness equipment, responsible for global financial and IT operations.

In the 1990s, Mr. Jakolat performed consulting, transactional and business development roles for Brunswick Corporation, a Fortune 500 company specializing in recreation and leisure goods. During that time, Mr. Jakolat led the restructuring of a distressed middle-market marine retailer, engineered an MBO of a middle-market European fishing tackle distribution company, and restructured a national distribution channel including investment in retail businesses. In addition, Mr. Jakolat was actively involved in $1 billion of acquisitions, development of corporate strategies, and international expansion in South America, Europe, Eastern Asia and India. Mr. Jakolat’s industry experience includes pharmaceutical, telecommunications, high-tech/aerospace, defense, wholesale, retail, transportation, petroleum, recreation and leisure products, and consumer products.

Mr. Jakolat, a Certified Turnaround Professional, began his career with Ernst & Whinney, a predecessor firm to Ernst & Young, specializing in privately-held middle-market and Fortune 500 manufacturing companies. He received his undergraduate degree from Central Michigan University and graduate degree from Northwestern University Kellogg Graduate School of Management.