Mark Norman specializes in restructuring and has over 15 years of industry experience in finance and accounting and has worked globally with manufacturing, healthcare, casino and hospitality, energy, commodities, automotive, telecom, industrial services and software technology. He has assisted both companies and creditors in out-of-court restructurings and in formal bankruptcy proceedings.
Mr. Norman has experience serving in a variety of management and advisory roles that include treasury and accounting management, financial restructuring, financial reporting, capital budgeting, performance improvement, merger integration, capital structure review, enterprise valuation, process and controls analysis, negotiations, and bankruptcy preparation. He has been involved in the negotiation of cash collateral and debtor-in-possession financing, management and maintenance of banking relationships, coordination of the sale of distressed companies, design and implementation of internal and external reporting processes, development and implementation of cost rationalization programs, operational analysis of cash flow projections, and management of wind-down and liquidating plans.
Selected engagements include leading the bankruptcy preparation and advising management with the development of the plan of reorganization for Reddy Ice and leading the development of a fully integrated financial and manufacturing costing model, negotiating transition services agreements, supply chain optimization, revenue cycle improvement, reallocation of human resources and advising the executive committee during negotiations for a $400 million automotive parts supplier experiencing a major turnaround. He also led the development of a performance and liquidation model for more than $50 billion in asset-backed loan portfolios.
Mr. Norman recently led the performance improvement initiatives for the Baylor College of Medicine, which included advising on the development of the PMO, developing and implementing financial management and control policies, revenue cycle improvement, business plan development. financial restructuring, human resource optimization and overseeing the reporting on the achievement of the initiatives to stakeholders.
In addition, Mr. Norman has extensive gaming and hospitality experience, including a multibillion-dollar international gaming and resort development company, a locals-oriented casino and hotel in Las Vegas and various multibillion-dollar gaming resort development projects. Other notable engagements include Chrysler Financial, Zeledyne, Hawaiian Telcom, i2 Technologies, Ty Cobb Regional Medical Center, a North American energy and power supplier, and a prison management software company. Prior to joining FTI Consulting, Mr. Norman was the CFO and treasurer of an automotive data processing company in Colorado.
Mr. Norman is a member of the Colorado Society of Certified Public Accountants, the Texas Society of Certified Public Accountants and the Turnaround Management Association.
T: +1 214 397 1600
2001 Ross Avenue
Restructuring / Turnaround Services