Bill Murphy has nearly 40 years of professional experience, including more than 30 years specializing in corporate restructurings. He has advised troubled companies, their creditors and other economic stakeholders in both Chapter 11 and out-of-court workouts. His expertise includes filling the role of interim management as well as advising management and creditors on strategic planning, corporate viability, business plan alternatives, financial projections, and debt restructuring.
Over the course of his career, Bill’s assignments have included a wide range of situations and roles on behalf of companies of all sizes, their equity sponsors, lenders and official committees, including serving as CFO. He recently served as the Chief Restructuring Officer (CRO) at James River Coal Company, the CRO of Southern Air and the Interim Chief Financial Officer at Fedcap Rehabilitation Services, Inc. As Vice President of Operational Controls and Process Efficiencies at Volt Information Sciences, Bill evaluated and improved operational controls and provided leadership and structure to project management. Bill also has advised Flying J, an integrated oil company and led the day-to-day operations of the company’s Chapter 11 process. He has advised a privately held general industrial construction company during its out-of-court restructuring and was one of the team leaders directing the day-to-day activities in the Chapter 11 of Tier 1 automobile supplier, Collins & Aikman. Previously Bill served as CFO of Penn Traffic, a supermarket retailer and wholesaler and directed the day-to-day operational and financial turnaround efforts of Alliance Entertainment.
Prior to joining M3 Partners, Bill provided his services through Byron Advisors, LLC for 6 years, after having been employed by Zolfo Cooper for nearly fifteen years. As a Senior Director at Zolfo Cooper, Bill designed and challenged business plans intended to rehabilitate and maximize profitability, monitored companies’ business operations and/or compliance with the restructuring plans, identified and evaluated non-essential assets to be sold and unencumbered assets to be pledged, evaluated the quality and value of collateral, and assessed the adequacy of a companies’ financial reporting systems.
Prior to joining Zolfo Cooper in 1997, Bill was a partner in the restructuring group of Ernst and Young, where he worked for 15 years. Previously he also worked for Main Hurdman (now KPMG).
Bill holds a B.S. in accounting from Lehigh University. He is a Certified Public Accountant and a Certified Insolvency and Restructuring Advisor (CIRA).
P: (212) 202-2268