November 11, 2022, 8:30 am – 9:30 AM
As we teeter into recessionary waters, we are likely to see many more companies experience difficulty. What are some of the tell-tale signs and what strategies and tactics should companies and their advisors consider avoiding trouble and/or mitigate its negative impact. Michael will discuss the current landscape and tactics that he routinely considers and employs in assisting troubled companies.
Michael Jacoby is a Senior Managing Director and Shareholder at Phoenix Management Services, a turnaround management and investment banking firm. He is a skilled executive with extensive operating, turnaround, restructuring and M&A experience. Michael has served in advisory capacities as well as independent director, and interim manager for more than 375 Phoenix clients in a variety of industries. He has also been instrumental in assisting numerous clients with their financing, divestiture and restructuring needs. Before joining Phoenix in 1992, Michael worked for PNC Bank in Philadelphia, where he managed a $500 million commercial loan portfolio.
Michael earned a B.S. in Economics from The Wharton School of Finance, a B.A. from the University of Pennsylvania, and an M.B.A. in Finance from Temple University. Michael holds the Certified Turnaround Professional (CTP) designation from the Turnaround Management Association, the Certified Cash Manager (CCM) designation from the Association for Financial Professionals and the Certified Management Consultant (CMC) designation from the Institute of Management Consultants. In addition, Michael is registered with FINRA and holds his Series 79 license, is a Fellow of the American College of Bankruptcy, and is a Board member for numerous trade organizations.