Stuart B. Gleichenhaus
- Senior Managing Director
- T: Gleichenhaus
- F: +1 214 397 1790
- 2001 Ross Avenue
- Suite 300
- Dallas, TX, 75201
- United States
- T: +1 214 397 1600
- F: +1 214 397 1790
- B.S.E. honors, Princeton University
- MBA, Harvard Business School
- Certified Turnaround Professional (CTP)
- Turnaround Management Association
- Corporate Finance
Stuart B. Gleichenhaus is a Senior Managing Director in the FTI Consulting Corporate Finance/Restructuring practice and is based in Dallas. Mr. Gleichenhaus has 30 years of experience holding operational and financial officer roles, and in structuring and restructuring numerous leveraged transactions. He has extensive experience in the energy industry.
Mr. Gleichenhaus has been integrally involved in a number of carve-out transactions of subsidiaries of major corporations by private equity firms, typically serving in interim finance leadership roles. Notable carve-outs include Johnson & Johnson, Dow Chemical, Tyco Electronics, and International Outsourcing, among others, and range in size from $60 million to $6 billion. In each situation, Mr. Gleichenhaus has led the establishment of stand-alone, de novo finance organizations, on up to four continents. His focus on managing liquidity; increasing working capital efficiency; execution of numerous financing and refinancing transactions, including amendments, hedging programs and never-before-done financings in China, helped each new stand-alone company’s establishment. Some required substantial operating changes to transform operations from distressed to profitable.
Mr. Gleichenhaus served as chief restructuring officer (CRO) of AGE Refining in San Antonio, TX, as CRO of Direct Group in Pennington, NJ and as chief financial officer of Keystone Automotive Operations in Exeter, PA, a $600 million revenue distributor of aftermarket accessory parts for cars and trucks. Subsequently, he advised the company on its out-of-court restructuring, which received the 2011 Deal of the Year award in its category by M&A Advisor. He was also a team member advising CIT Group on its prepackaged bankruptcy, the largest completed to date.
Prior to joining FTI Consulting, Mr. Gleichenhaus served as interim chairman, CEO and CRO of EaglePicher, a $650 million revenue, 160-year old manufacturing and mining conglomerate. He structured a complex recapitalization of $700 million of debt and preferred stock eliminating billions of environmental claims. Its headquarters were moved from Phoenix to Detroit and several plants were closed, consolidated or relocated. Over several years, all businesses were successfully sold by the new owners. It received the 2006 Deal of the Year award for the Midwest region.
Before that, Mr. Gleichenhaus led the Southwest restructuring advisory services and the oil and gas industry transactions advisory services for North America for Ernst & Young Corporate Finance. He was deeply involved in Enron; WorldCom; American Cellular; Dobson; Comdisco; Classic Cable; Aquila; Mirant and TECO, HQ Global; AMPAM; Avado Brands; Quanta Services; 360Networks; MetalsUSA and Butler Manufacturing. Mr. Gleichenhaus advised Giuliani Partners on its formation.
Prior to that, Mr. Gleichenhaus was with Banc of America Securities, where he held a variety of leadership positions in both Dallas and New York, originating and structuring leveraged financings in the media and telecom, energy, manufacturing and construction industries. Among his notable transactions are deals involving Halliburton; FINA; Nextel; Ascent Entertainment; Lennar; Pillowtex; Belden and Blake; Maxxim Medical; Kevco; ABC Supply and International Shipholding. Earlier, Mr. Gleichenhaus worked at Merrill Lynch, Salomon Brothers, Trammell Crow and GE Capital in Dallas, Chicago, London and New York, where he completed a variety of leveraged transactions in the energy, retail and telecom industries.