restructuring
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Jeffrey Hecktman and the Value of a Second Act
A family-business restructuring gave Jeffrey B. Hecktman the idea for Hilco. Nearly four decades later, a new majority owner and a $20 million Chicago gift reveal where he wants the work to lead.
Ken Moelis and the art of starting over
He left UBS in 2007 to build a bank around advice. A financial crisis, a public listing and a change of CEO later, Ken Moelis is still working on the harder part: making a personal business last.
Neil Aaronson and the value of staying in the game
He chose finance after law school, returned to Chicago for family, and took charge of Hilco’s real estate business. Now Neil Aaronson is helping a collection of specialists work together on a larger stage.
Skip McGee and the size of a banking life
He left a broad banking job to build an energy specialist, one Houston breakfast at a time. Eleven years later, Intrepid’s advisory business has a new home - and his career has another turn.
Jack Neumark and the price of being wrong
Before he became co-CEO of Fortress, Jack Neumark built a business around legal uncertainty. His career follows a deceptively simple question: what happens to your money when the story changes?
Larry Nusbaum
Larry Nusbaum is a consumer-products and retail turnaround executive who serves as President and Chief Marketing Officer of Work 'N Gear, the Mid-Atlantic and New England workwear, footwear and healthcare-apparel chain, and as an operating partner at Dark Alpha Capital. Over two decades he has run companies as CEO, CMO and COO across housewares, electronics, personal care, apparel and fitness, most visibly at Ronco, the Ron Popeil gadget brand he bought out of bankruptcy with Marlin Equity Partners in 2007 and steered from a reported $7.5 million annual loss to roughly $4 million in profit on about $30 million of 2009 sales. He has also led Midwest Trading Group, where he acquired the phone-accessory brand TYLT in December 2023, and restructured the artisan-goods company GlobeIn into a subscription model. At Work 'N Gear he took a 25-year-old, roughly $40 million retailer through a 2025 Chapter 11 filing, a DIP financing, a shrink from 38 stores to 26, and a April 2026 asset sale to a family-office-backed operator that repaid the lender in full and set up a relaunch of the e-commerce platform and up to ten stores.