Anthony C. Schnur officially joined Ankura as senior managing director. Schnur has more than 30 years of experience in structured finance and commercial banking and was most recently interim CEO, interim CFO and chief restructuring officer of Yuma Energy.
As previously reported, Schnur resigned from his positions as interim CEO, interim CFO and chief restructuring officer of Yuma Energy earlier this month. Schnur was then hired by Ankura and will oversee the operation of Yuma during the bankruptcy process as he provides his services to the company through Ankura.
Based in Houston, Schnur has been active in the energy space for more than 20 years. For the past 15 years, he has helped financially distressed oil and gas companies overcome challenges and reconstitute themselves as viable businesses.
“As a trusted advisor to distressed companies with deep energy industry experience, Tony is a welcome addition to the Ankura team,” Philip J. Gund, senior managing director and turnaround and restructuring business group leader, said. “We are continuously fortifying our team with talented professionals who display excellence in their fields and an unmatched dedication to client success. Tony’s breadth of experience and strategic planning expertise will be instrumental in helping our clients navigate the complexity and uncertainty of today’s oil and gas market.”
Schnur has served in a variety of interim leadership roles, including CEO, CFO and chief restructuring officer, for publicly traded and private equity-backed oil and gas companies. His responsibilities in these roles have included leading turnaround and restructuring initiatives, streamlining operations, implementing efficient financial controls, and negotiating with creditors and equity investors. His experience also includes serving as a board director at several public and private exploration and production companies.
“I am impressed by Ankura’s culture, the depth of its turnaround and restructuring expertise, and the dedication of its professionals to achieving client success,” Schnur said. “I am incredibly excited to join such a collaborative team and look forward to working with my colleagues to help our clients overcome their operating and financial challenges in a fast-moving and highly challenging market landscape.”
Ankura is a global business advisory and expert services firm.
