David Balkcom

David Balkcom is an operational advisor who specializes in improving EBITDA through commercial and operational optimization, cost reduction, working capital efficiency and operational execution. While Mr. Balkcom has deep experience across a variety of industries, he focuses on consumer durables and food production, including consumer packaged goods.

With more than 10 years of experience, Mr. Balkcom has helped key constituencies of both distressed and non-distressed companies make critical decisions related to strategic finance, financial planning and analysis, operations, and cash and liquidity management. His experience also includes operational and business diagnostic reviews, operational and synergy due diligence analyses and merger integrations. Through his client engagements, Mr. Balkcom has served in interim management positions, held trusted advisor roles to executive leadership and led project management offices. He brings a financial focus to each engagement, enabling him to analyze the financial implications of operational actions taken across the engagement. He is keenly aware of the need to independently evaluate each client’s needs and collaborate with client personnel before reaching a proposed solution.

Before joining the Business Transformation practice, Mr. Balkcom worked in FTI Consulting’s Turnaround & Restructuring practice, where he advised private equity owners, boards of directors and lenders on cash management, refinancing, 13-week cash flow forecasting, budgeting and budget-to-actual analysis.

Relevant Experience:

• Led the project management office for a $10 billion multinational home appliance business pursuing a return to profitability through more than 500 cost-reduction initiatives targeting over $700 million in annual and one-time savings
• Developed cost-reduction and sourcing initiatives for the enterprise-wide cost transformation of a $14.5 billion media company
• Served as operations lead for a $5.5 billion consumer packaged goods company, evaluating strategic options and executing a more than $95 million EBITDA improvement plan
• Developed strategic alternatives and an implementation plan for secured lenders of an $8 billion fluid milk and dairy company
• Executed a cost-mitigation plan for a large-scale industrial power generation company targeting more than $200 million in inventory reduction
• Served as interim treasurer of a $400 million outdoor equipment business, building a 13-week cash flow, consolidating global cash, negotiating credit terms and advancing treasury strategy
• Led day-to-day engagement for certain Term Loan B lenders in the restructuring of a $1.2 billion fluid milk producer
• Advised the board of directors of a $2 billion mortgage servicing company on strategic opportunities and enterprise value