Michael Gaul, CTP

Bio

Michael Gaul joined the Company in March 2003 and is a Senior Director of Phoenix Management Services with approximately 18 years of experience in financial and crisis management.

Mr. Gaul has served in interim management and advisory roles in a multitude of corporate environments–private, equity-sponsored, family-owned, and start-up ventures. His extensive history working in the areas of turnaround management, financial forecasting, cash management, and corporate administration enable him to quickly identify clients’ operational challenges and work with our clients to develop effective turnaround strategies.

Mr. Gaul has experience in companies reorganizing under Chapter 11 protection of the U.S. Bankruptcy Code. He is experienced with transactions involving Section 363 of the Bankruptcy Code in which debtor companies transfer their assets to a buyer with speed, efficiency, and the approval of the Bankruptcy Court.

Life Before Phoenix

Prior to joining Phoenix, Michael was a equity research analyst at FleetBoston Robertson Stephens, the San Francisco-based investment bank, where he was part of the Specialty Finance group whose portfolio included the public non-bank financial companies and the public auto dealership companies. Before that, Michael was a senior credit analyst in the Specialty Finance Group of Fleet Bank, N.A, analyzing existing and prospective clients’ financial performance via their historical and forecasted operating results. He began his banking career at Sanwa Bank, where he completed Sanwa’s Credit Training Program and worked in the Bank’s Industrial Research Group.

Education & Affiliations

Mr. Gaul graduated from Georgetown University with a B.S. in Finance. In addition, he holds the Certified Turnaround Professional (CTP) designation from the Turnaround Management Association. He is registered with the National Association of Securities Dealers and holds his Series 7, Series 63, and Series 24 licenses.

Featured Transactions

CFO, Human Resources Software Firm:  Served as Interim CFO during the completed search for the permanent CFO.  Phoenix identified and tracked a comprehensive list of KPI operating metrics, managed the combined treasury functions, and developed and reviewed a detailed CFO Onboarding package with the new CFO.  Managed the annual renewals of the companies’ insurance policies.

CFO, SaaS Technology Firm:  Served as Interim CFO from the time of acquisition until a permanent CFO was retained and on boarded.  Identified and tracked unit-level operating metrics, managed the combined treasury functions, and updated the combined current year financial forecasts.  Developed and reviewed a detailed CFO Onboarding package with the new CFO, inclusive of review of critical, internal processes and recommendations for operational improvements going forward.

CFO, Agricultural Firm: Reestablished control over the Company’s financial function and guided the Company as it struggled with cash management and liquidity during a critical year-long reorganization.

Financial Advisor, Electrical Subcontractor: Managed the Company’s banking relationship, budgeting and financial reporting, and other critical financial analyses required during the Company’s out-of-court restructuring.

Financial Advisor, Manufacturer of Flat Bed Trailers: Facilitated its refinancing efforts and identified areas to improve efficiency. The combined efforts of the Company and Phoenix resulted in increased, profitable production.

CRO, Orleans Homebuilders: Held responsibility for all treasury functions and performed a variety of financial, restructuring and other management services, emerging from bankruptcy in less than a year.

Financial Advisor, Privately-Owned Construction and Engineering Firm: Conducted project-level cash flow analyses to measure the accuracy of project estimates by individual employees and the Company in its entirety.

Financial Advisor, Privately-Owned Electrical Contracting Firm: Provided cash flow and financial statement forecasting and assisted Company in daily cash management responsibilities and communications with its senior lender and other external constituencies.

Financial Advisor, Importer and Distributor of Household Products: Provided cash flow and financial statement forecasting and cash management responsibilities.

Financial Advisor, Family-Owned Printing-Fulfillment Company: Led to the company’s expansion of its existing credit facility and, ultimately, the successful sale of the company.

Financial Advisor, Private Equity Fund: Completed a business assessment and financial review prior to the successful merger/acquisition of durable goods manufacturers with combined revenue of $65 million.