David Rush specializes in financial advisory and corporate restructuring. Mr. Rush has over 20 years of experience and has held several interim management roles, including Chief Restructuring Officer (“CRO”), Chief Financial Officer (“CFO”) and Treasurer. His industry experience includes oil and gas, oilfield services, power, manufacturing, consumer and packaged goods, retail, financial services and shipping.
Mr. Rush’s experience includes interim management, forecast development, cost savings and liquidity initiatives, business plan analysis and strategic alternative assessment. In addition, he has advised clients with merger and acquisition activities, debtor-in-possession financings, covenant negotiations and contingency planning. Mr. Rush has represented private and public companies, lenders and creditor committees.
Mr. Rush was recently the CRO of EP Energy, an independent exploration and production company that operates in the Eagle Ford Shale, Permian basin, and Northeastern Utah with $5 billion of funded debt obligations.
Mr. Rush was the CRO of ExGen Texas Power, a subsidiary of Exelon Corp., and owner of five natural gas power plants with combined capacity over 3,300 MW. He also served as the CRO of a natural gas-to-liquids company during its bankruptcy and sales process. Prior to that, he served as the interim CFO of a Houston-based oil and gas equipment manufacturer and service provider.
Mr. Rush also served as the CFO and treasurer of Hostess Brands, a $2.5 billion wholesale bakery and packaged goods distributor. In this role, he oversaw the Chapter 11 process and was responsible for developing liquidity forecasts, completing financing transactions, negotiating with stakeholders and assisting with numerous 363 asset sales.
Mr. Rush has testified on various topics, including debtor-in-possession financings, sales proceedings, liquidation analyses, cash collateral disputes, liquidity forecasts, contract rejections and wind down plans.
Mr. Rush is a past recipient of both the Houston Business Journal’s 40 Under 40 Award and the M&A Advisor’s 40 under 40 award. In addition, he has received multiple restructuring and M&A transaction related awards from the Turnaround Management Association, the M&A Advisor and the M&A Atlas Awards for the work performed on Hostess Brands, Juniper GTL, ExGen Texas Power, B&G Crane Service, PetroQuest Energy and Halcón Resources.
T: +1 832 667 5160
1301 McKinney Street
Houston , TX - 77010
Creditor Rights, Relations & Negotiations
Restructuring / Turnaround Services