Executive Roster

Albert Altro

Managing Director, Corporate Restructuring & Transaction Support

albertaltro@traversellc.com
Phone:
310.809.5064

CV:

Mr. Altro brings over 25 years of experience in corporate restructuring, public accounting and executive management, and consulting, primarily in a leadership role. His experience spans a variety of industries and organizations, servicing primarily middle market privately held corporations, as well as debtors-in-possession, secured and unsecured creditors, private equity groups, and strategic buyers.

Prior to forming Traverse, Albert worked at KPMG in both the auditing group and the strategic consulting practice; he also was a Director at PricewaterhouseCoopers in the Transaction Services Group and also worked as a corporate restructuring advisor at Zolfo Cooper.

Industry Experience:

  • Manufacturing
  • Retail
  • Distribution
  • Food Processing
  • Healthcare
  • Energy
  • Construction
  • Media & Entertainment
  • Municipalities
  • Non-profits

EDUCATION & MILITARY EXPERIENCE:

  • BA Accounting – Long Beach State
  • US Army Active Duty – 2nd Ranger Battalion
  • US Army Reserves – Command Sergeant Major

CERTIFICATIONS & LICENSES:

  • Certified Public Accountant (CPA)
  • Certified Insolvency Restructuring Advisor (CIRA)

PROFESSIONAL ORGANIZATIONS, BOARDS & ASSOCIATIONS:

  • Board of Directors (The Corporate Presence)
  • American Institute of Certified Public Accountants (AICPA)
  • Turnaround Management Association (TMA)
  • Association of Insolvency and Restructuring Advisors (AIRA)

Recent Engagements Include:

  • Receiver for middle market specialty financier (factoring) in the 3PL industry.
  • Receiver for a regional dental group with 20 locations.
  • Interim Chief Financial Officer of Multidisciplinary heath care company managing clinics serving Chiropractic and Dental patients in the Dallas – Ft Worth Metroplex.
  • Chief Financial Officer of a 120 store retail apparel chain.
  • Chief Restructuring Officer of a middle market wholesaler of off price branded products.
  • Served as Chief Restructuring Officer for a middle market retailer in its chapter 11 proceedings and as Interim Chief Operating Officer during the transition to new management team.
  • As CFO and General Manager grew sales from $60 million to $160 million and EBITDA from $6 million to $20 million during a three year period for a mid-sized manufacturer.
  • Engaged as Chief Restructuring Officer of a 60 store apparel retailer in the Southeastern U.S.
  • Advised the leadership team of the Roman Catholic Archdiocese of Los Angeles on financial and operational issues in support of its potential insolvency related to clergy sexual abuse.
  • Served as part of the Interim Senior Management Teamfor NRG while leading all aspects the Chapter 11 filing and post-Chapter 11 reporting activities. Oversaw the operations of West Coast Power unlocking $200 million in liquidity. Resolved disputes regarding various power projects with 1st and 2nd lien lenders built consensus and negotiated settlement agreements.