- Senior Managing Director, Leader of Interim Management
- Corporate Finance
- T: +1 212 651 7169
- F: +1 212 841 9350
- Three Times Square
- 9th Floor
- New York, NY, 10036
- United States
- T: +1 212 247 1010
- F: +1 212 841 9350
- B.A., Political Science, State University of New York, Binghamton
- J.D., Boston University School of Law
- Certified Turnaround Professional (CTP)
- National Association of Corporate Directors
- Interim Management
- Performance Improvement
- Restructuring / Turnaround Services
- Telecom, Media & Technology (TMT)
Michael Katzenstein is a Senior Managing Director at FTI Consulting and is based in New York. Mr. Katzenstein leads the Interim Management practice within the Corporate Finance & Restructuring segment. Mr. Katzenstein is a seasoned restructuring and turnaround management expert, and has led multiple engagements across many industries, with a concentration in traditional and new media, entertainment, technology, telecommunications and subscriber-based businesses.
Mr. Katzenstein has served as an advisor or business leader in dozens of restructurings and bankruptcies and has executed across virtually every media, entertainment and telecom segment, including cable television operators; competitive local exchange carriers (“CLEC”), rural local exchange carriers (“RLEC”), incumbent local exchange carriers (“ILEC”), wireless, broadcasters, enthusiast publications, newspapers, radio, production studios and other content providers, transcontinental services providers, equipment and systems manufacturers and international carriers. In addition, he has served as chief restructuring officer (“CRO”) and lead executive in technology companies, including manufacturers of electro-optical and opto-mechanical components and systems.
Mr. Katzenstein has served as CRO, interim chief executive officer (“CEO”), chief operating officer (“COO”) or as on-site advisor to debtors and other parties in interest in numerous restructuring and bankruptcy engagements, including SFX Entertainment, Quirky Inc., Digital Domain, Open Range, GSI Group, CTC Communications, Birch Telecom, VarTec Telecom, Pac-West Telecomm, Pacific USA, Pacific Crossing, PT Cable, Centerpoint Broadband Technologies, PR Wireless, Global Photon and OpTel. He is regularly called upon to lead and assist in developing strategy for companies in financial or operating distress or transition. His clients include large and mid-sized corporations and many major financial institutions and hedge funds.
Mr. Katzenstein served until recently as Chairman of the Board of Directors at Caribbean Asset Holdings, which owns and operates the cable television, ILEC and competitive wireless operations in the U.S. Virgin Islands, British Virgin Islands and St. Maartin. He also served as Chairman of the Board of Directors and was a member of the executive and audit committees at RCN, a business/enterprise CLEC and broadband services provider in major U.S. markets and formerly the tenth largest U.S. cable provider. Mr. Katzenstein also served on the Board of Directors at Sun-Times Media Group, which owned and operated more than 30 newspaper titles in the greater Chicago market, and served on the audit committee and on the Board of Directors at GSI Group, which designs, manufactures and sells photonic based equipment and systems and precision motion control solutions and equipment. Mr. Katzenstein is a Post-Effective Liquidating Trustee for the Sun-Times estate, and serves as monitor for the benefit of claimant trusts in the first St Vincent’s hospital restructuring.
Mr. Katzenstein has served, on many occasions, as a consulting or testifying witness on industry and corporate governance issues and has significant testimony experience.
Mr. Katzenstein began his career as a mergers and acquisitions and securities lawyer and was a partner in a prestigious New York law firm.
Mr. Katzenstein holds a B.A. in Political Science from the State University of New York at Binghamton and a J.D. from Boston University School of Law. He is a member of the National Association of Corporate Directors.