Description
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, as well as investment banking services, fiduciary services, and litigation consulting, investigations and valuation services. He has extensive experience in valuing businesses, obtaining financing, and selling businesses. He serves as Financial Advisor to Debtors, lenders and Creditor Committees in bankruptcy proceedings, and as a litigation expert in several cases including the landmark Merry-Go-Round bankruptcy. Mr. Brownstein served as Chief Restructuring Officer in U.S. Mortgage, a $138 million mortgage fraud, and as Plan Administrator in Montgomery Ward LLC, the largest retail liquidation in history. Mr. Brownstein has been involved in the above activities for over 30 years. Mr. Brownstein regularly serves as an independent corporate board member for publicly-held and privately-owned companies, as well as large nonprofits, and has served in that capacity for over 40 years. He has been a board chair and also chaired board Audit, Risk, Nominating and Strategic Planning/Risk Assessment committees. He has been named "Directorship Certified" and a "Board Leadership Fellow" by the National Association of Corporate Directors (NACD), regularly serves on the faculty of its national programs, and served as President and Chair of its Philadelphia Chapter. He also served as Vice Chair of the American Bar Association Business Law Section's Corporate Governance Committee and has been named a Fellow of the American Bar Foundation, a designation limited to one percent of lawyers licensed to practice in each jurisdiction. Mr. Brownstein is a Certified Turnaround Professional (CTP). He is a frequent speaker at professional and educational programs, and has published over 100 articles, books and chapters. He 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 PA, MA and FL, but does not actively practice law. He served in the USAF Reserve, attaining the rank of First Lieutenant.
