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GlassRatner's Team

Nancy Colah

Senior Managing Director

Detroit/Silicon Valley

Areas of Expertise

  • Turnarounds/Restructurings
  • Financial Advisor
  • Interim Management
  • Crisis Management
  • Cash Flow Projections


  • Manufacturing
  • Automotive

Prominent Matters

  • Collins & Aikman – Financial Advisor to Major Customers
  • Fort Wayne Foundry – Court Appointed Receiver
  • Plastech – Financial Advisor to DIP Lender
  • Husqvarna - Financial Advisor Revised Manufacturing Footprint


  • 25 Years of Relevant Experience


  • BA, University of Michigan
  • MBA, University of Chicago

Professional Designations

  • CPA (inactive)
  • CMA
  • CTP

Nancy Colah comes to GlassRatner after working with Alderney Advisors as a Senior Director. Alderney joined GlassRatner in Summer 2020. Ms. Colah is a seasoned executive with a broad, strategic background serving both in the C-Suite and financial consulting. Ms. Colah has expertise leading companies in transition: startups, high growth, restructurings and turnarounds. Through development of sound strategies and effective execution, she successfully maneuvers problems inherent in challenging situations.

As CFO at Detroit Thermal Systems, Ms. Colah led the startup of an automotive climate control manufacturer, ramping from zero to $300 million in sales and 700 employees in 30 months. She managed significant capital and startup expenditures, obtained financing and incentives, established all systems and policies related to finance and IT, and developed reporting and KPIs for management of operations. At GMA Cover Corp., Ms. Colah was hired as CFO by private equity to manage exponential growth and restructuring of international operations, US plants, and debt.

Prior to working as CFO, she was a Managing Director at BBK, Ltd. where she provided strategic crisis management advice to creditors, Fortune 500 companies and their distressed business partners. Ms. Colah also led due diligence and sale processes, improved profitability and negotiated contentious contractual situations, working with over 100 companies ranging in size from $20 to $2 billion.

Before BBK, she led finance teams at General Motors on major initiatives such as healthcare cost control, operational divestitures, and program launches. Early on in her career, Nancy was a ghost writer for a book by Jay Alix, founder of Alix Partners.

Ms. Colah is a CPA (license inactive), CMA, and CTP. She received an MBA from the University of Chicago with a concentration in Finance and Economics after being awarded a GM Fellowship to attend. She obtained a BA from the University of Michigan in English and Accounting.

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