- Managing Director
- Corporate Finance & Restructuring
- T: +1 480 287 4138
- B.S., Accounting, Elizbethtown College
- Certified Public Accountant (CPA)
- Corporate Finance
Daniel Brosious is a Managing Director at FTI Consulting and is based in Denver. He is a member of the Global Mining Advisory practice (“GMAP”).
Mr. Brosious has provided financial and operational advisory services to a range of clients and has consulted on a variety of issues, such as bankruptcy strategy, cash management and analysis, operational and financial control review, financial forecasting, capital structure optimization and merger and acquisition (“M&A”) transactions. In addition to mining, Mr. Brosious’ industry experience includes real estate, financial services, manufacturing, technology, consumer electronics, gaming and media.
Previously, Mr. Brosious Mr. Brosious was appointed as Chief Restructuring Officer (“CRO”) of Midway Gold, a public gold mining company, where he fulfilled many of the Chief Financial Officer (“CFO”) duties after the termination of the CFO, including management of treasury and accounting departments. He also assisted in sale of the company’s assets and preparation of a plan of liquidation in which he identified and implemented various liquidity improvement initiatives.
Mr. Brosious advised a Utah-based copper company during its bankruptcy proceedings, managed liquidity, negotiated debtor-in-possession (“DIP”) financing documents and assisted in the sale process. In addition, he provided assistance to the CRO of a copper and molybdenum mining company as it worked through various liquidity issues and a sale within a bankruptcy proceeding. He completed a thorough review and overhaul of the short-term (26 week) forecasting tool, integrated a disbursement approval process and participated in vendor communications and negotiations. He also assisted the company in its sale process and provided testimony which ultimately led to a sale of the mining assets over the objection of five creditors.
Furthermore, Mr. Brosious has enhanced the working capital of a copper mining company and implemented changes which increased near-term cash flows by $7 million. He performed lender advisory diligence on a copper leach operation which included review of permeability issues, operating plans and liquidity improvement. He also has performed diligence on a gold mining company and its operating performance where he analyzed cash flow forecasts, historical operations and various restructuring alternatives related to its liquidity situation.
Prior to joining FTI Consulting, Mr. Brosious worked as a corporate accountant and internal auditor for The Mills Corporation, a public real estate investment trust (“REIT”). While at The Mills Corporation, Mr. Brosious assisted with the restatement of 10 years of financial statements, the development and testing of Sarbanes Oxley 404 compliance procedures and the implementation of a SOX software application.
Mr. Brosious holds a B.S. in Accounting from Elizabethtown College. He is a Certified Public Accountant.