John Jacoby | Welcome to the Fahrenheit Team!
We’re very proud and excited to announce a new member of the Fahrenheit Finance team. John Jacoby retired last June from Deloitte & Touche LLP, where he spent 25 years working with a wide variety of public and privately held companies. John served as an audit partner for clients in various industries including retail and wholesale distribution, manufacturing, government contracting and services; advancing to the level of Managing Partner. His friendship with his former client Keith Middleton led to him joining Fahrenheit Finance as a Senior Consultant.
Fahrenheit Finance evolved from a unique combination of experience and expertise. The team at Fahrenheit Finance designs solutions that fit your company’s needs and provides consulting and staffing services to help you accomplish your business goals. John notes that he was impressed with how far we’ve come in a relatively short period of time. “The nature of the work, the excitement of working with an aggressive startup company led by great people, and the extensive opportunities that exist in the marketplace all appealed to me,” he said.
John will work on-site with our clients on a project-by-project basis. Primarily, he envisions working with companies that may not have a permanent CFO, that may be preparing to obtain some bank debt or preparing for a public equity offering.
His background with Deloitte enables us to offer a level of expertise in accounting and finance matters that would be unattainable for many clients, simply based on cost.
John joined Deloitte & Touche LLP in 1985 becoming a partner in 1993 and managing partner in 1997. During his career with Deloitte he served clients both private and publically held in various industries including retail, manufacturing, transportation, wholesale distribution, government contracting, biotechnology and not-for-profit.
As Audit Partner, he was responsible for the overall performance of the audit. This included compliance with Generally Accepted Accounting Principles, compliance with Sarbanes Oxley requirements, compliance with the reporting requirements of the Securities and Exchange Commission. In addition he regularly advised his clients’ Audit Committees regarding best in class corporate governance processes. John has worked with his clients on debt and equity offerings including initial public offerings, asset securitizations, carve out audits related to the sale of subsidiaries as well as the reviews of Forms 10-K, 8-K and 10-Q. He also regularly assisted his clients in the acquisition of other companies.
Clients served include McKesson Corporation, Advance Auto Parts, Overnite Transportation, Alstom Power, Biotage LLC, Amsec LLC, The Colonial Williamsburg Foundation, Comdial Corporation and Performance Food Group in addition to others.
Prior to joining Deloitte John worked in asset based lending with Bank of America and as an accountant with RECO Industries, Inc.
As for his retirement, that’s still very much in the picture as John plans to spend the time that he’s not working at his house in Kitty Hawk, NC. So if you need a little advice on what fish are running he can probably help you with that too!