Executive Roster

Robert Tormey, CPA, CTP

Director, Restructuring & Interim Management



Mr. Tormey brings over 30 years of knowledge and experience leading, managing and consulting to a variety of organizations to the Traverse team. He is an experienced Chief Financial Officer and Financial Advisor who has supported numerous private equity sponsors and Lender Groups, in both Chief Financial Officer and Financial Advisory roles. Bob has managed both development stage and growth companies, supporting operational turnarounds, financial recapitalizations, leveraged buyouts and acquisitions integration efforts.

Prior to joining the executive roster at Traverse LLC, Bob was a partner with financial advisory firm, Tatum Partners for over 10 years he also held managing director positions at Carl Marks Advisors and Crossroads. In addition, Mr. Tormey has held numerous CFO positions as well as serving at Arthur Andersen & Co.

Industry Experience:

  • Manufacturing
  • Aerospace
  • Consumer Goods
  • Hospitality
  • Travel & Leisure
  • Education
  • Agriculture


  • BA, English Literature, Loyola Marymount University
  • MBA, Cornell University


  • Certified Public Accountant (CPA)
  • Certified Turn Around Professional (CTP)
  • Certified Insolvency Restructuring Advisor (CIRA)


Recent Engagements Include:

  • Advisor to Weil Gotshal, counsel to syndicate of first lien and mezzanine lenders, which included Providence Equity, Golden Gate Capital, Apollo Management and others, with respect to credit facilities of $250MM and interim $40MM Credit Facility. Advised on institution’s administrative capability to respond to imposition of Heightened Cash Monitoring 2 by Department of Education, responses to probationary notices from ACCSC, settlement with Texas Workforce Commission and miscellaneous plaintiff’s actions.
  • Served as Advisor to COBE CHEMICAL (Debtor) in Chapter 11, 363 Sale. Managed operations and customer fulfillment, working capital, reporting to lenders and sale of company achieving full recovery for secured lender, Comerica Bank
  • Acted as Advisor to owners and interim management of CORNERSTONE STAFFING in litigation against incumbent management for alleged fraud.
  • Served as Advisor to Debtor (THE MODERN HONOLULU HOTEL) in Chapter 11 with respect to financial and operational improvements necessary to confirm feasibility plan to exit Chapter 11.
  • Assumed the role of Interim Chief Financial Officer for of RIVER RANCH FRESH FOODS, LLC. Supported negotiations to restructure credit facilities resulting in $6 Million equity infusion, $1.2 Million deferral of interest obligations, $17MM conversion of junior debt obligations, reduction in principal amortization by $2.0 Million per year. Also identified and concluded major tax refund opportunities resulting in refunds of $2.2 Million.