Elliot Fuhr is a senior managing director in the FTI Consulting Corporate Finance/Restructuring practice and is based in New York. Mr. Fuhr specializes in assisting senior management and the board of directors in the areas of financial and operational restructuring, mergers and acquisitions, divestitures, loan workouts, business planning and performance improvement projects. He has broad industry experience, including engagements with apparel; retail; technology; manufacturing; financial institutions; real estate; chemical and oil and gas companies.
Experience
Mr. Fuhr has advised numerous clients in a variety of industries. Mr. Fuhr has assisted in the restructuring a $5 billion international wireless provider through a restructuring in Chapter 11; evaluated and sold National Car Rental System for General Motors; assisted in the restructuring a $600 million inorganic chemical company through a pre-arranged plan of reorganization; and assisted in the restructuring of a $550 million textile company both through out-of-court negotiations and through the pre-packaged Chapter 11 process and enterprise-wide performance improvement program. His combined experience includes workflow and operational improvements; organizational restructuring; cash flow modeling; valuations; restructuring strategies; business planning and accounting.
Prior to joining FTI Consulting, Mr. Fuhr was a senior engineer and economist at Exxon Company, U.S.A. and Exxon Chemical Americas for six years. While at Exxon, he was project leader of a highly successful energy conservation program. He then joined a "Big Four" firm and a boutique turnaround firm where he developed an expertise in restructuring troubled companies. Mr. Fuhr is a former partner of PricewaterhouseCoopers. He has more than 19 years experience in consulting in addition to his work in private industry.
Mr. Fuhr has published articles about troubled company restructuring, including “Assessing the Likelihood of a Turnaround in the High Tech Sector,” ABI Journal, August 1999, "Diagnosing Distressed Companies: A Practical Example," ABI Journal, October 1994; and "Business Aspects of Chapter 11 Reorganization," Advanced Chapter 11 Bankruptcy Seminar, University of Michigan Law School, 1995. Mr. Fuhr is also a contributing author to Turnaround & Workouts II – Global Restructuring Strategies for the Next Century, Wiley, 1999. Mr. Fuhr has been a presenter at numerous seminars for organizations such as the World Bank, the International Institute of Research and the Turnaround Management Association.
Mr. Fuhr holds an M.B.A. in finance from the Stern School of Business at New York University and a B.A. in chemical engineering from the University of Pennsylvania. He is a certified insolvency and reorganization accountant and a member of the American Bankruptcy Institute, the Association of Insolvency & Restructuring Advisors and the Turnaround Management Association.