Bio

Philip E. McTague has a strong reputation in the field of turnaround management. His advice and work product on behalf of troubled companies are trusted throughout the banking community. Phil has been Managing Director in charge of the firm’s turnaround services since 1989. Phil’s background in public accounting includes 13 years with Arthur Young & Company (now Ernst & Young LLP) as a CPA and Audit Principal. He left public accounting to become chief financial officer of two public and two privately-owned companies in manufacturing, service and retail businesses. As Managing Director of L. R. Nathan Associates, Mr. McTague has served in the capacities of interim CFO and chief restructuring officer in numerous diverse client situations over the past twenty years. This practical experience, coupled with a sound professional background, have equipped him to provide quick, sound evaluations in a variety of business situations involving financial stress, as well as to implement operational improvements, liquidity and cost savings. Phil McTague received a BSBA in Accounting from Northeastern University and earned his MBA from Boston University School of Management. He is a member of the Turnaround Management Association.