With over 12 years of restructuring experience, Mr. Fleisher has worked with companies across a wide range of industries, including: coal mining, publishing, retail, direct marketing and real estate. These restructurings have ranged from $250 million to over $1.8 billion in revenue.
Mr. Fleisher has extensive experience in the modeling and assessment of financial and operational restructuring strategies, cash flow forecasting, business plan projections, cost savings initiatives, liquidity management, retail store strategy (including store closings, lease concessions and early terminations), assessing employee compensation and severance programs, preparing and operating companies through the chapter 11 process, asset dispositions, liquidations and wind-downs.
He most recently served in an interim management capacity for Patriot Coal Corporation, a leading producer and marketer of metallurgical and thermal coal with annual revenue of $1.3 billion, which filed for bankruptcy protection in May 2015 and emerged in October 2015. Mr. Fleisher’s responsibilities included: management and oversight of a 13-week cash flow model, treasury matters, preparation for the debtors’ chapter 11 filing, assistance with the structuring and review of settlements and agreements to address legacy liabilities, assisting the debtors with emergence from bankruptcy and closing sale transactions with both Blackhawk Mining LLC and Virginia Conservation Legacy Fund, Inc.
Additionally, Mr. Fleisher advised Cengage Learning, Inc., a $1.7 billion education publisher, which filed for bankruptcy protection in 2013 and emerged in 2014. His responsibilities included: assisting management in the development of a five-year business plan, development and ongoing monitoring of a 13-week cash flow model, preparation for the debtors’ chapter 11 filing, communications with financial advisors to the various creditor constituencies and other stakeholders, development and execution of cash and/or equity distributions pursuant to the plan of reorganization and implementation of cost savings initiatives.
Other notable assignments include V2V Holding LLC (d/b/a Vertrue, Inc.), Orchard Brands Corp. and Crescent Resources, LLC.
Prior to joining A&M, Mr. Fleisher spent five years with The TJX Companies, Inc., where he served in various capacities in the Financial Planning & Analysis and Financial Control departments. He also served as a Director in the Corporate Finance practice of FTI Consulting, Inc.
Mr. Fleisher earned a bachelor’s degree in business management, with a focus in accounting and finance, from Gettysburg College and an MBA from Northeastern University. He is a member of the Turnaround Management Association (TMA) and the American Bankruptcy Institute (ABI).