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Joe Iannuccilli
Joseph Iannuccilli
Strategic Partner
Education & Qualifications
Bachelor's Degree in Accounting, St. John's University
Membership & Community
Turnaround Management Association
Commercial Finance Association
Joseph Iannuccilli
Strategic Partner

Joe’s career in financial services spans more than 45 years including a 17-year career in commercial finance. He has launched two financial institutions into commercial financing by forming and managing De Novo asset-based lending units, and later as Chief Credit Officer in the Commercial Division of a major regional bank. For the past 30 years, Joe has focused on helping troubled private middle market entities to navigate complex financial and operating challenges.

Representative Engagements
Mystic Tank Lines

The New York metro’s largest bulk transporter of fuel oil, gasoline, jet fuel, cement and asphalt that filed for Chapter 11 bankruptcy. Appointed as CRO, Joe implemented a strategic plan that included improved financial controls, an arrangement with major customers that included their acceptance of higher prices and a consensual accepted by the Unsecured Creditor’s Committee. The plan was confirmed and the company emerged from bankruptcy with placement of appropriate new financing.


As CRO, a plan was implemented to obtain forbearance from creditors while exiting their unprofitable textile segment and transitioning to the profitable manufacturing of vehicle air bags. Adequate financing was placed to make the transition happen successfully.

Turano Furniture

As COO, a plan was implemented to obtain forbearance from creditors and reinventing the business to return to profitability and obtain new financing.

Texas Liquids

Negotiated a forbearance agreement with creditors, and new financing was obtained allowing an investor group to acquire the company.