Saturday, January 17, 2009

Dave Carpenter - Restructuring Thought Leader

When it comes to the business of Restructuring, Dave Carpenter has unmatched credentials and exceptionally broad experience.

Dave cut his eye teeth in the world of restructuring when he was named head of workouts (more commonly called "special assets" these days) for a major East Coast bank. He was then recruited by Coopers & Lybrand to create a Restructuring practice in Philadelphia. Over the fifteen years he was at Coopers, he built one of the country's largest Restructuring practices with the help of some of the pioneers of the Restructuring industry. Ultimately, he was chosen to lead a roll-up of similar practices across the country into what became the Financial Advisory Services ("FAS") Group. The FAS Group became one of the five lines of business for Coopers under Dave's leadership.

Dave Carpenter's experience includes both building a mega practice (750 professionals generating over $125 million in annual revenues in the mid 90's) and personally leading some of Cooper's largest Restructuring assignments. Examples of some of the large engagements he personally led include:
  • Financial advisor to the Examiner (Neal Batson) in the Southmark Chapter 11 real estate case. This was one of the largest Examiner assignments in the history of bankruptcy.
  • "Accountant" for the Creditor's Committee in the second Continental Airlines Chapter 11. This case is viewed as one of the most successful airline Chapter 11's in history.
  • Forensic analyst and expert witness for the U.S. Justice Department and the State of Maryland in the EPIC fraud.
  • CRO for a large regional department store chain after a crisis arising upon a failed buyout.

Dave has worked major restructuring situations in many different industries, from a variety of positions (for the debtor, for lenders, for unsecured creditors, for trustees, etc.).

In 1995, Dave Carpenter left Coopers to launch Partners for Market Leadership, LLC, an Atlanta based consulting boutique that assists professional service firms in attaining market leadership. Much of his work over the last decade has involved assisting firms in building a restructuring practice and/or guiding them in marketing a restructuring practice. Recently, Dave was selected by Boston based Exceptional Wisdom Radio to be the host of their newest radio show, Restructuring America. He has long been a member of the Turnaround Management Association (TMA) and had the honor of being one of their keynote speakers at their 2000 annual conference.

Dave Carpenter is a prolific writer. He is the author of the popular blog, Prospering in Tough Times, and one of Amazon's leading reviewers of business books. He is the co-author of the ebook, Prospering in Whitewater Times. His complete bio and public recommendations can be seen at the LinkedIn profile of Dave Carpenter. His philanthropic activities and honors can be seen at his Dave Carpenter home page.

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