Scott Davido joined Ankura as a senior managing director, based in New York. As part of Ankura’s turnaround and restructuring group, Davido will serve clients with his more than 30 years of experience leading operations, finance, accounting and strategic functions for companies and governments undergoing operational and financial crises or transitions.
“Scott’s successful track record of leading companies through complex turnarounds and restructurings speaks to his talent as an executive and trusted advisor,” Philip J. Gund, senior managing director and turnaround and restructuring business group leader at Ankura, said. “Scott is a welcome addition as we continue to build upon our deep bench of professionals in the field and enhance the solutions we provide to clients navigating the complexities of today’s challenging business environment.”
Davido has operational and management experience, having served in a variety of interim executive roles, including CEO, CFO, chief legal officer and chief restructuring officer. He has led and advised companies on all aspects of the workout process, such as developing and evaluating business plans, negotiating reorganization and restructuring plans, completing complex debt refinancing, supporting valuations, preparing and analyzing court and creditor reports, and performing due diligence.
“I am excited to join such an accomplished and collaborative team of professionals and reunite with many colleagues with whom I have worked during my career,” Davido said. “Today’s environment presents new challenges and uncertainties for all our clients. I look forward to working with my colleagues to help clients navigate these increasingly complex market conditions.”
Davido is currently serving as chief restructuring officer for MDC Texas Energy, an independent oil and gas exploration and production company. Prior to joining Ankura, Davido most recently served as CEO and president of Advantage Rent a Car, a mobility provider in the U.S. He also served as chief implementation officer at Baylor College of Medicine.
Ankura is a global business advisory and expert services firm.