Larry Hennessy is a principal and the chief financial officer of MorrisAnderson, as well as the firm’s strategic account leader for U.S. Bank. He also manages the firm’s St. Louis office, overseeing all client engagements and business development.

Hennessy has specialized in business turnarounds, crisis management, restructurings in and out of court and financial analysis for family and investor-owned middle-market businesses for more than 20 years, with an emphasis on cost reduction, cash management and profit improvement. He has served as president, chief restructuring officer, chief executive officer, chief financial officer or senior vice president on more than 35 consulting assignments for companies with $10 million to $800 million in annual revenue. His industry knowledge extends to automotive and trucking; restaurants and food processing; business services; metal stamping and molding; residential and commercial building products; ethanol processing; catalogs, television, radio and print media; consumer products; and plastics.

Hennessy’s experience includes financial advisory, turnarounds, bankruptcy, liquidations and sales of companies. His successes include directing EBITDA improvements in excess of $1 million per month for a manufacturer of mineral wool insulation with monthly sales of $5 million and five plants, as well as leading a dramatic turnaround for a catalog business with annual EBITDA improvements exceeding $15 million.

Hennessy developed MorrisAnderson’s highly successful “Executive Mentoring” program, which is predicated on best practices in cash management and profit improvement.

Before joining MorrisAnderson, Hennessy was CFO for six privately held manufacturing companies in printing, direct mail, flavor manufacturing, plastic injection molding and wire-display manufacturing. Additionally, Hennessy spent six years at International Harvester in financial operations analysis and four years as a controller at a privately held manufacturer.

Hennessy holds a bachelor’s degree in accounting, a master’s in business administration from Southern Illinois University and he is a certified turnaround professional.

Please contact Larry Hennessy at
LHennessy@morris-anderson.com