Payman Mahjoory is an experienced executive in leading companies through change and challenge in diverse industries. By leveraging his operational and financial expertise while working with debtors, creditors or business owners, he has a successful track record of improving the fiscal and operational health of companies. Mr. Mahjoory has advised clients on financial improvement through extensive financial analysis, forecasting, strategic planning, valuation, acquisitions and divestitures. He is an approachable leader who works to reach the best resolution for all parties involved.
Before joining Alderney, Mr. Mahjoory was President of Whitlam Group, a privately-held manufacturing company with 125 employees in Center Line, MI. During his time at Whitlam Group, Mr. Mahjoory reorganized the management team and enhanced the organizational performance. He expanded Whitlam’s service offerings to offset lost business. He developed KPIs to keep a pulse of the organization and quickly identify and solve issues. Prior to Whitlam Group, Mr. Mahjoory was at Deloitte in their restructuring practice and worked on several large bankruptcies.
From 2007 to 2011, Mr. Mahjoory was a Director at BBK, Ltd., an international business advisory firm where his services ranged from executing key aspects of day-to-day operations at Tier1 and Tier2 distressed suppliers to evaluating the financial and operational cost/benefits of moving operations from US to Mexico for a global manufacturer of outdoor power equipment.
Early in his career, Mr. Mahjoory worked as a Product Development Engineer for Ford Motor Company and spent considerable time at Visteon in the Manufacturing Finance rotation program.
Mr. Mahjoory earned an MBA from the University of Michigan with a concentration in Finance and Strategy. He obtained a BS in Mechanical Engineering from Michigan State University. He is a member of the Turnaround Management Association and is a Certified Turnaround Professional. Mr. Mahjoory lives in Michigan with his wife and two daughters.