Princeton Executives Meeting
Friday, November 11, 2016
7:30am - 10:00am
When Bad Things Happen to Good Companies
Howard Brod Brownstein
President and CEO
Top business schools understandably teach students “how to do things right” – with the implicit message that, “If you do things right, everything will go fine.” In fact, it is practically assured that things will NOT go fine. How can you spot possible early signs that things may be going awry, and intervene promptly and effectively enough to positively affect the outcome? What are the special skills necessary to prevent or deal with distress? What special considerations of corporate governance apply in distressed situations? Mr. Brownstein, a nationally-known turnaround professional, will share his experiences in “battlefield surgery without anesthetic,” and how to avoid being a casualty!
About the speaker:
Howard Brownstein is a nationally-known turnaround and crisis management professional, and is the President of The Brownstein Corporation, which provides turnaround management and advisory services to companies and their stakeholders. For more than twenty years, he has had partnership or senior executive roles in turnaround management firms. He has served as Financial Advisor to Debtors and to Lenders and Creditor Committees in bankruptcy proceedings. Mr. Brownstein served as Chief Restructuring Officer in U.S. Mortgage which involved a $138 million mortgage fraud, and led the Plan Administrator team in Montgomery Ward LLC, the largest retail liquidation in history.
Howard regularly serves as an independent member of Boards of Directors, and has been named a Board Leadership Fellow by the National Association of Corporate Directors (NACD). He currently serves on the Boards of A.M. Castle & Co. (NYSE: CAS), PICO Holdings (Nasdaq: PICO), and P&F Industries (Nasdaq: PFIN).
A Certified Turnaround Professional (CTP), Howard has served on the International Board of Directors of the Turnaround Management Association (TMA) and the Board of the American Bankruptcy Institute (ABI). He is a Coordinating Editor of the ABI Journal, in addition to publishing numerous articles and textbook chapters. Howard is a frequent speaker at professional and educational programs, including Harvard Business School, Wharton, NYU and other business schools, and at leading professional organizations such as the American Bar Association and the National Association for Corporate Directors.
Howard Brownstein is a graduate of Harvard University, where he obtained J.D. and M.B.A. degrees, and of the University of Pennsylvania, where he obtained B.S. and B.A. degrees from the Wharton School and the College of Arts and Sciences. Mr. Brownstein is admitted to the bars of Pennsylvania, Massachusetts and Florida, but does not actively practice law. He also served in the U.S. Air Force Reserve, attaining the rank of First Lieutenant in the Medical Service Corps.
About Brownstein Corporation:
Headquartered in Conshohocken, the Brownstein Corporation is a nationally-known crisis management firm comprised of senior business and consulting professionals who specialize in providing management and advisory services to companies in transition. Examples are those experiencing difficulty due to financial pressures, changing business conditions, management issues, and challenges posed by growth opportunities, as well as to their shareholders, lenders and creditors. Much more about Howard Brownstein and Brownstein Corporation at www.brownsteincorp.com.
Member Cost: 32.00
Guests may register by calling the GPSEG office at 215-393-3144
We look forward to seeing you on Friday, November 11, 2016 at the Princeton Executive Group Meeting.
Thomas M. Smith
Chair, GPSEG Princeton Executive Group