FTI Consulting appointed Chad Shandler and Clifford Zucker as senior managing directors, Kevin DeLuise as a managing director and Roberta Probber and Karl Knechtel as senior directors in the Corporate Finance & Restructuring segment, enhancing the firm’s restructuring expertise and expanding its healthcare capabilities.
The five professionals join FTI Consulting’s Turnaround & Restructuring Services practice and will be based in New York, where they will focus on identifying restructuring alternatives, developing financial and operating plans and building consensus with stakeholders across a wide spectrum of healthcare assignments.
Shandler will serve as co-leader of Healthcare Restructuring Services within the Corporate Finance & Restructuring segment with Senior Managing Director Tim Dragelin.
“FTI Consulting has built a reputation in the market for its high-caliber industry expertise, and our global platform offers clients a deep bench of experts to assist them around the world on the most complex restructuring issues,” said Michael Eisenband, global co-leader of the Corporate Finance & Restructuring segment at FTI Consulting. “Chad and the team bring critical expertise and are well-regarded in both the restructuring arena and healthcare industry, which continues to face disruption and uncertainty. This will enhance our ability to provide end-to-end solutions for all constituents in healthcare, as well as other industries undergoing change.”
Beyond healthcare, the professionals bring extensive experience advising companies, unsecured creditor committees, indenture trustees and bondholders, as well as serving in interim management roles and fiduciary positions such as chief restructuring officer, plan administrator and liquidating trustee.
Shandler has more than 25 years of experience leading restructuring efforts as the chief restructuring officer or financial advisor on behalf of financially troubled companies, indenture trustees, secured creditors and creditor groups.
Zucker has more than 30 years of experience representing companies, receivers, examiners, court-appointed trustees, and unsecured and secured creditors. His restructuring expertise includes serving as a financial advisor and in fiduciary positions as a court-appointed chief restructuring officer, liquidating supervisor, trustee and plan administrator. Zucker advises clients in the healthcare, financial services, food and agriculture, manufacturing, distribution, retail, transportation, hospitality, construction and telecommunications industries.
DeLuise has more than 25 years of experience providing accounting and financial advisory services to corporations and creditors of underperforming and distressed companies. He specializes in operational restructuring, interim management, litigation consulting and financial forensics.
Probber has experience in restructuring, cash flow management and forensic accounting. She works with companies and creditors to maximize returns, guide the liquidation of trusts, and forecast and budget to manage short- and long-term cash flows.
Knechtel has more than 15 years of experience providing restructuring, forensic accounting and litigation services. He has experience advising various parties-in-interest for bankruptcy proceedings across a wide range of industries, including healthcare, retail and consumer products, construction, restaurant and food services, manufacturing, telecommunications and professional services.
FTI Consulting, is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes.
