Douglas Booth is a recognized restructuring professional with 25 years of wide-ranging experience, having served as chief restructuring officer, interim executive, and creative leader in the development and implementation of business improvement strategies. Mr. Booth has had great success optimizing stakeholder value by providing advisory services to boards of directors, senior secured lenders, bondholders, private equity firms, and senior management teams across a broad spectrum of industries.
His noteworthy engagements have involved balance sheet restructurings, operational turnarounds, budget and market analysis, creditor negotiations, refinancing, and divestiture of non-strategic assets. Industries he has served include, manufacturing, grocery and food, equipment leasing, transportation, financial services, consumer debt collection, government agencies, and not-for-profit. He has directed both domestic and international engagements, as well as ESOPs, co-ops, and closely held businesses.
Mr. Booth’s recent notable engagements in both in and out-of-court restructurings include CRO of a $2 billion food distribution business; advisor to the board in the turnaround and refinancing of a $100 million equipment leasing business; advisor to the lenders in an in-court restructuring of a $600 million vertically integrated food grower/processer/distributor; advisor to a lender in consolidation and asset disposal of a natural gas producer; turnaround and refinancing of a $700 million equipment leasing company operating in 20 states; and CRO of a multi-product consumer company.
Prior joining Carl Marks Advisors, Mr. Booth was a principal with Jay Alix & Associates, where he assumed executive management and advisory roles in under-performing companies and led their turnaround and restructuring efforts. Previously, he served as partner and practice leader of a consulting group at Coopers & Lybrand.
Mr. Booth holds a BA in Philosophy and Mathematics from Pennsylvania State University. His community efforts include serving on the board of a 200-year-old theater, fundraising for the visual arts, and participating in the creation of a permanent endowment for a museum for the contemporary arts.