Q: How did you gravitate into turnaround/restructuring work? KIM: My dad was in the plastic injection molding business for most of his professional career, and he had sold a business. He was semi-retired by the time my younger brother and I were around 10 and 12. My dad had gone through the...
Q: How did you gravitate into lending into turnaround or distressed situations as opposed to other types of lending? KANE: As you know, 98% of the bankers who participate in TMA are lenders. I am not. I’m a transactional services guy, so I work in US Bank’s Global Corporate Trust Services, which...
Q: How did you gravitate into turnaround/restructuring work? Bogucki: I started working in restaurants when I was 15, washing dishes. I did the typical climb through the ranks. I was working full time in kitchens, 40-plus hours a week, when I was a junior and senior in high school. I’d get out of...
Q: How did you gravitate into turnaround/restructuring work? Wilson: It was completely by happenstance. I went to law school at the University of Hawaii wanting to do environmental regulation and environmental litigation. I have a certificate in environmental law. I graduated from law school in...
Q: You have an interesting background for someone in this field. What were you doing before gravitating into turnaround and restructuring work? Baxter-Labut: I was a customs and immigration officer for seven years with the Canada Border Services Agency (CBSA). Q: How did that come about? Baxter-...
Q: How did you become involved in deals involving turnarounds and restructuring? Siegel: That question made me think back. In my first lending job, I received a loan application for a retail store that supplied local dancers: toe shoes for ballet dancers, tap shoes, costumes, and those sorts of...
Q: How did you gravitate into turnaround and restructuring work? Charleston: Like most turnaround consultants and crisis managers, I stumbled into it by accident. After grad school, I had joined Ernst & Young in the financial consulting group. At the time, it was called the Special Services...
Q: How did you gravitate into turnaround/restructuring work? Montgomery: Honestly, I sort of fell into turnaround and restructuring 20-some-odd years ago coming out of undergrad. At the time, I wasn’t entirely sure that I really knew what restructuring was all about, but it was the idea of getting...
Q: How did you gravitate into turnaround and restructuring work? Pabst: I got into the business in 1995 as CFO at Hilco. Hilco needed a CFO, and the owner pursued me for the better part of a year. The company that I had worked with previously was highly leveraged. I spent the better part of 10...
Q: How did you gravitate into turnaround/restructuring work? Schlitz: Sometimes you get lucky and fall where you’re supposed to land. That’s what happened to me. My first favorite law school class was commercial transactions. I liked the business component to it. Right around that same time, I...
