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May 31, 2011

Phoenix Announces Promotions

Phoenix business continues to grow and expand as it announces two promotions


Brian Gleason

PHILADELPHIA (May 31, 2011)—- Turnaround advisory and investment banking firm Phoenix Management Services has promoted Michael Gaul and Michael Fuller to Director.

Mr. Gaul has been with Phoenix for over eight years. He has extensive experience in many diverse industries working in a multitude of corporate environments in the areas of turnaround management, financial forecasting, cash management and corporate administration. “Mike has consistently shown exceptional business judgment benefiting our turnaround and interim management clients,” states Brian Gleason, Senior Managing Director and Shareholder. “Further, his proactive style and hands-on approach continues to enhance our client’s resource team as they approach challenging issues.”

Since joining Phoenix, Mr. Gaul has served several interim management roles and as Financial Advisor in many of his engagements. Most recently, he played an integral part in the reorganization plan for Orleans Homebuilders Inc., which recently emerged from bankruptcy. Prior to joining Phoenix, Mr. Gaul was an equity research analyst at FleetBoston Robertson Stephens, in San Francisco. Before that, Mr. Gaul was a senior credit analyst in the Specialty Finance Group of Fleet Bank. Mr. Gaul began his banking career at Sanwa Bank, Ltd. in New York. Mr. Gaul graduated from Georgetown University with a Bachelor of Science degree in Finance.

Mr. Fuller has been with the firm for five years and has been instrumental in Phoenix’s growth and development of the Boston marketplace. “Mike has done an outstanding job in bringing proven results for our turnaround advisory and capital advisory clients. Additionally, he has built a reputation for financial and managerial excellence,” states Jim Fleet, Senior Managing Director and Shareholder.

Since joining Phoenix, Mr. Fuller has served numerous interim management roles including: President, CFO and Controller. Mr. Fuller is currently serving as COO of an integrated media company. Prior to joining Phoenix, Mr. Fuller was CEO of York Manufacturing, Inc., of Sanford, ME. Mr. Fuller began his career at Fidelity Investments in Boston, MA. He graduated from Bentley College in Waltham, MA with a Bachelor of Science in Finance.

About Phoenix Management Services

For over 25 years, Phoenix has provided smarter, operationally focused solutions for middle market companies in transition. Phoenix Management Services provides turnaround, crisis and interim management, specialized advisory and operational due diligence services for both distressed and growth oriented companies. Phoenix Capital Resources provides seamless investment banking solutions including M&A advisory, complex restructurings and capital placements. Visit &

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