Kelly Kittrell

Senior Managing Director & Chief Financial Officer, Ankura Holdings, LP

Ankura Consulting Group

15950 Dallas Parkway, Suite 750, Dallas, TX  75248
Main: +
Mobile: +1.214.662.4855


MBA, University of Texas at Austin
BS, Finance, University of Alabama


Chartered Financial Analyst


CFA Institute

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Mr. Kelly Kittrell is a Senior Managing Director and Chief Financial Officer at Ankura Consulting Group in Dallas, Texas.  Mr. Kittrell joined Ankura Consulting Group in March 2015 following more than 30 years of varied experience in finance.  His prior professional services work includes valuation and corporate finance advisory services, including sell-side transaction engagements, as well as litigation services including damages analysis, working with third-party expert witnesses, and preparing attorneys and witnesses for depositions.

Prior to joining Ankura, Mr. Kittrell worked for more than 10 years at a private investment firm, pursuing acquisitions of companies on behalf of the principals. His work included financial analysis and valuation of acquisition candidates, due diligence on the targets and purchase price, contract, and financing negotiations.  During a portfolio company bankruptcy, Mr. Kittrell provided testimony related to the reorganization plan prepared by the debtor

Mr. Kittrell served as a member of the Board of Directors and the Chief Financial Officer of CVSL Inc., a publicly-traded portfolio investment of this private investment firm.  CVSL completed seven acquisitions during his tenure, as well as pursued a public sale of securities through registration statements on Forms S-1 and S-3.  During this time, he responded to numerous questions contained in SEC comment letters regarding the company’s financial and accounting activities, and completed quarterly and annual filings with the SEC.

Previously, Mr. Kittrell worked at Bickel & Brewer, a boutique litigation firm with offices in Dallas and New York, where he analyzed companies in litigation to determine valuations, possible damages, and provided financial insight to attorneys.  He helped identify and then worked with expert witnesses regarding report preparation and testimony.  Mr. Kittrell reviewed opposing expert valuations, financial reports and damage claims to identify inconsistencies and fallacies in their work product.

While at Bank of America, Ernst & Young Financial Advisory Services and KPMG Corporate Finance, he acted as an M&A advisor for clients in the strategy, analysis and sale of client businesses. Mr. Kittrell handled sell-side mandates and valuation assignments. Selected sell-side engagements included the sale of a multi-location automobile retailer to a publicly-traded consolidator, a newspaper publisher to a major metropolitan newspaper parent company, the sale of a food ingredients distribution company to a large, publicly-traded food conglomerate, a physician staffing company, and a cellular telecommunications tower operator.

Mr. Kittrell has performed valuations of numerous going-concern companies, including a major oil and gas pipeline system and a commercial airline.  Valuations have been prepared for numerous purposes including for tax purposes, purchase price allocations, and litigation.

Mr. Kittrell received his Master of Business Administration from the University of Texas at Austin, where he was named a Sord Scholar.  He obtained his Bachelor of Science in Finance at the University of Alabama. He earned the Chartered Financial Analyst designation in 1996.

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