About Jack Risko

JACK RISKO
(310) 505-3720; (240) 208-0738 efax
jrisko@windstarcapital.com

Accomplished Turnaround and Growth CEO, senior corporate adviser, and board member with a broad background in banking and finance, re-manufacturing, manufacturing, leasing, aviation and aerospace, business services, ERP technology, television and new media, M&A, LBO’s, financial restructurings, IPO’s, PE, start-ups, VC, e-commerce enterprises, supply chain management, etc.

Highly analytic and strategic leader with 15+ years as CEO and 15+ years in commercial and investment banking. Expertise in applying LEAN and other best practices in manufacturing and re-manufacturing settings, and implementing advanced ERP systems and related technologies. Turned around multiple companies from losses to profits, tripled sales in acquired businesses, did three start-ups, and performed corporate debt restructurings. Advised leading banks in the US, Asia, and Europe, including pioneering international acquisitions and the first interstate bank mergers in the US; provided capital to the coal, iron and steel, and oil service industries; served as board member in highly successful media company; and, 21 months after acquiring a troubled re-manufacturing and business services company, took it public in an IPO with 15x MOIC.

Windstar Capital Advisors LLC — Los Angeles, CA 1997 — Present
AeroTrade Holdings LLC 2010 — Present
PRESIDENT / CEO

Windstar specializes in advising and managing companies facing growth, turnaround, debt restructuring, or strategic challenges; Windstar is the parent of AeroTrade Holdings, LLC, which is active in the sales, leasing and trading of aircraft engines including the CFM56 product line; Jack also has served as director of several leading companies including New Vision Television LLC

AeroThrust Corporation – Miami, FL 2001-2010
CHAIRMAN / CEO

AeroThrust is historically the largest company in the world remanufacturing and overhauling the Pratt & Whitney JT8D family of jet aircraft engines, for domestic and international airlines and the US government. In 2005 the Company diversified into the CFM-56 product line
• Acquired from Saab AB of Sweden in a turnaround
• Restored profitability, tripled sales to over $100MM
• Created highly profitable engine leasing company
• Became largest domestic Pratt & Whitney customer in relevant product lines
• Led successful expansion efforts in the BRIC countries, other growth markets
• SAS, Shandong, Allegiant, Sriwijaya, SWA, American Airlines, Iberia, NWA, LAN, GOL
• Sold to PE firm in 2010 after spinning off leasing company AeroTrade

First Equity Group (FEG) – Los Angeles, CA; Stamford, CT 1993-1997
National Airmotive Corporation – Oakland, CA
PRESIDENT / CEO (NAC)

First Equity is a financial advisory and investment firm. National Airmotive Corporation was the largest independent remanufacturer of Rolls Royce / Allison aircraft engines in the United States.
• Negotiated FEG’s LBO of NAC from a public company
• Became CEO during major liquidity crisis, restored profitability, tripled sales to $150MM
• Successfully resolved major government contract issues with DOD and DOJ
• Achieved ISO 9001 certification within six months of commencing effort
• Implemented state of the art ERP system
• Acquired supply chain company from American Airlines
• From losses at acquisition to IPO in 21 months with 15x MOIC

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Burns Fry Limited – Toronto, Ontario; Los Angeles, CA; New York, NY 1990-1993

Partner in the largest Canadian corporate and retail investment bank with responsibility for leading Corporate Finance activities in the United States. Notable deals include the sale of the international printing portfolio of Southam and numerous corporate finance deals

BT Securities Corp. – Los Angeles, CA; New York, NY 1988-1990

Managing Director in charge of Mergers and Acquisitions activities in the Western United States for the securities arm of Bankers Trust Company, specializing in serving PE clients

Morgan Stanley & Co., Incorporated – New York, Los Angeles 1980-1988

Principal in Mergers and Acquisitions. Opened Los Angeles office in 1985, led M&A business development practice, focusing on both corporate and Private Equity clients. Executed a variety of strategic and PE acquisitions and divestitures in New York, including hostile takeovers and takeover defense, for clients such as Sunbeam, Smith International, USX and others. Adviser in pioneering banking and financial services mergers, including the first interstate bank mergers in the US, such as Casco / Colonial / Bank of Boston, the creation of SunTrust Banks, as well leading international transactions, including the groundbreaking acquisitions of US banks by Sanwa Bank, Industrial Bank of Japan, and other advisory work for international banks including Bank of Ireland and others. Takeover defense advisory for leading BHC’s such as Wells Fargo. Developed methodology to maximize synergies and cost-savings in intra-market bank mergers, and acted as adviser in several of the leading intra-Texas mergers. Adviser to FDIC on interstate banking issues

Donaldson, Lufkin & Jenrette – New York, NY Summer 1979

Summer Associate in corporate finance working with technology and general industrial corporations, including private placement for Advanced Micro Devices, and various Sprout VC investments

Citibank, NA – New York, NY 1974-1978

Senior Account Officer specializing in lending to the coal, iron and steel, and oil services industries in the US and internationally. Spearheaded effort to make Citibank the leader among mid-range domestic coal companies following the energy crisis. Financed oil pipeline JV in the Middle East. Pioneered cooperation between the lending and operating sides of the bank to enhance cash management for customers nationwide

EDUCATION

Harvard Business School – Boston, MA 1978-1980

General management curriculum; first year honors. Created the HBS Political Forum, with Professor George C. Lodge as faculty supervisor. Marathon runner

Yale College – New Haven, CT 1969-1973

Majored in History, the Arts and Letters; graduated cum laude.

Contact: jrisko@windstarcapital.com

Jack’s online CV or resume is available here.