Aloha Airlines today announced that it
has named Jeffrey Kessler as interim Senior Vice President Finance, Chief
Financial Officer and Treasurer. Kessler is a partner with Tatum CFO
Partners, LLP, in its Atlanta restructuring practice. He has more than 21
years of financial operations experience focused primarily on helping
companies in bankruptcy situations. “We are fortunate to have Jeff join our finance team,” said David A.
Banmiller Aloha’s President and Chief Executive Officer. “With his
specialized expertise in restructuring, Jeff will be a tremendous asset in
helping Aloha move ahead with its reorganization plan.”
Tatum Partners is a nationally recognized firm that provides financial and
information technology services to companies undertaking significant
Prior to joining Tatum, Kessler was Managing Director for Partners for
Corporate Renewal, Inc., a successful turnaround firm. As Acting Chief
Financial Officer of Associated Grocers, Inc., a $1 billion food
distribution cooperative in Seattle, Kessler was credited with
restructuring over $250 million in debt obligations held by 20 independent
creditors and negotiating over $93 million in new financing to effectuate
the restructuring. He also was Senior Vice President of Finance and
Corporate Development and Treasurer for Burnham Services Corporation and
Senior Manager in the Philadelphia office of Coopers & Lybrand’s Business
Reorganization Services group.
Kessler is a Certified Turnaround Professional and a Certified Public
Accountant. He holds an MBA in Finance and a BBA in Accounting (magna*censored*
laude) from Temple University and is a member of the AICPA, the Turnaround
In his new role at Aloha, Kessler will report to directly to Banmiller. He
will be responsible for Aloha’s day-to-day financial functions and liaison
with lenders, banking institutions, lessors, and the investor community.
Kessler will serve in this position on an interim basis while the company
conducts a search for a new CFO.