Luke D. Snyder
Director
Luke Snyder is a Director at NHB Advisors, Inc. in its Narberth headquarters. He has extensive experience serving privately-held middle market companies as an outside auditor, financial executive, and most recently as a consultant. He has a broad range of industry experience, having served clients in the aerospace, dairy products, food & beverage, packaging, franchising, real estate, healthcare and textile industries.
Mr. Snyder has proven expertise in business analysis and modeling, as well as identifying and implementing improvement opportunities in inventory management and cost reductions. Based upon well-developed cash flow analyses, he has assisted stakeholders to identify strategic alternatives. He has particular experience assisting distressed businesses that are seeking to stabilize and improve cash flow, implement strategic inventory and fixed cost reductions as part of a turnaround plan, during a restructuring, or in preparation for a sale of the business.
Prior to joining NHB Advisors, Inc., Mr. Snyder served as the senior financial executive of a textile manufacturer, as the company’s CFO transitioned into retirement. Shortly thereafter, it experienced unprecedented industry-wide erosion of demand resulting in a crisis situation, during which he actively managed cash flow, while assisting the company’s lenders, advisors, and its investment banking firm to successfully execute a sale of the company assets.
Previously, Mr. Snyder was an auditor at “Big Four” public accounting firms, most recently with PricewaterhouseCoopers, LLP in its Private Client Service (PCS) practice, where he provided services to middle market manufacturing, service and healthcare clients, ranging from $40 million to more than $500 million in revenue.
Luke Snyder is actively involved in his community, where he recently provided financial expertise to the Churchill Institute on Leadership and Development, during the implementation of a very successful strategic turnaround plan at St. Dominic’s Catholic School (SDS) in Northeast Philadelphia. SDS received national recognition for its turnaround efforts at the 2009 National Catholic Educational Association convention in Anaheim, California. Over a 2-year period while Mr. Snyder served as the financial advisor to SDS, and chair of the finance committee, the school returned to viability and experienced a dramatic reduction in overall subsidy levels.
Mr. Snyder received a Bachelor of Science degree summa cum laude with concentrations in Accounting and Management Information Systems from Drexel University. He is a Certified Public Accountant in Pennsylvania (inactive license), and is a member of the American Institute of Certified Public Accountants (AICPA), the Pennsylvania Institute of Certified Public Accountants (PICPA), the Turnaround Management Association (TMA), and the American Bankruptcy Institute (ABI).