About Chad
Chad J. Shandler serves as Co-Leader of the FTI Consulting Healthcare practice and Co‐Leader of Healthcare Restructuring services. For more than 30 years, Mr. Shandler has specialized in leading restructuring efforts and strategic planning as the interim Chief Executive Officer (“CEO”), Chief Restructuring Officer (“CRO”) or Financial Advisor on behalf of financially troubled companies, indenture trustees, secured creditors and creditor groups.
With deep expertise in developing financial and operating plans, evaluating restructuring alternatives and analyzing solvency issues, Mr. Shandler works diligently and expeditiously to aid organizations and their stakeholders to restructure and transform operations, drive enterprise value and maximize recovery. Mr. Shandler’s vast industry expertise spans healthcare, higher education, non‐ and not‐for‐profit, telecommunications, retail, manufacturing and distribution, publishing, real estate and sports and entertainment, among others.
With regard to the healthcare sector, Mr. Shandler’s expertise includes serving as a CRO and advising stakeholders with an emphasis in continuing care retirement communities, assisted living facilities, skilled nursing facilities, free standing emergency rooms, physician practices and hospitals. He has assessed their financial performance, compared their operating results to industry norms, developed “bottoms‐up” multiyear financial forecasts, prepared business valuations, supported their asset sales and due diligence processes, arranged financing and evaluated their marketing plans, marketing efforts and demographics of their primary market areas.
Known as a leading expert in the industry, Mr. Shandler has been appointed as a Special Fiscal Agent in the Superior Court of New Jersey and has been appointed in numerous fiduciary roles, including as the Liquidating Trustee of multiple companies. In addition, Mr. Shandler is a frequent lecturer on bankruptcy, restructuring and accounting matters and has appeared on FOX Business News. Mr. Shandler is active in his community, serving as a member of the Olin Alumni Board of the Olin School of Business at Washington University at St. Louis. He served as a chair of the Jewish Federations of North American National Young Leadership Cabinet and is a past member of the UJA‐Federation of New York’s Finance Committee, the JFNA Emergency Committee and the UJA‐Federation of New York’s Accountability Committee.
A representative list of Mr. Shandler’s previous matters includes Steward Health Care; Neighbors Health; NeueHealth fka Bright Health; Adeptus Health; The Stayton at Museum Way; Lutheran Life Communities; The Edgemere; Amsterdam at Harborside; Henry Ford Village; Hygea Holdings; Catholic Health System (Buffalo); Dowling College; St. Francis Hospital and Health Centers; and Erickson Retirement Communities.
Certifications
Certified Public Accountant (“CPA”)
Certified Turnaround Professional (“CTP”)
Chartered Global Management Accountant (“CGMA”)
Associations
American Bankruptcy Institute (“ABI”)
American Institute of Certified Public Accountants (“AICPA”)
Association of Insolvency and Restructuring Advisors (“AIRA”)
New Jersey Society of CPAs
Education
B.S.B.A., Accounting, Olin School of Business, Washington University in St. Louis
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Contact
T: +1 212 841 9349
M: +1 917 647 5824
chad.shandler@fticonsulting.com -
Office
1166 Avenue of the Americas
15th Floor
New York, NY 10036
United States
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Expertise
Creditor Rights, Relations & Negotiations
Restructuring / Turnaround Services