Telephone: 704-375-7542
Cell: 704-578-9900
Email: [email protected]

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EDUCATION
B.A., Wake Forest University

MBA, Kenan–Flagler Business School, The University of North Carolina at Chapel Hill

CERTIFICATIONS
Certified Turnaround Professional

Certified Insolvency and Restructuring Advisor

PROFESSIONAL ASSOCIATIONS
Board Member, Turnaround Management Association (Carolina’s Chapter)

American Bankruptcy Institute

Association of Insolvency and Restructuring Advisors

Member, Turnaround Management Association

Global CTP Certification Oversight Committee

Matthew W. Smith, Managing Director

Matt specializes in corporate turnarounds and restructuring with an emphasis on financial, operational and management issues. Since joining the firm in 2002, he has worked for over 100 clients in a wide variety of industries including manufacturing, distribution, retail, agriculture, financial services, furniture, textiles, golf & resort operations and motorsports.

Matt has provided both advisory services and taken interim-management positions with his clients, which have resulted in maximizing value for all stakeholders. Matt has served his clients as an Interim CEO, CFO and CRO, as well as acting in a fiduciary role in Court appointed engagements. On multiple occasions, he has successfully negotiated financing arrangements with secured and unsecured lenders. Additionally, Matt has lead divestiture and sale efforts of non-core assets, as well as entire businesses. 

Matt’s extensive experience includes:

  • Matt was named the Interim Chief Executive Officer for Stanley Furniture, a 90 year-old publicly traded (STLY) company headquartered in High Point, NC. Matt led the business to the completion of a sale of the Company to an investment group based in Vietnam. Matt was instrumental in the completion of the Asset Based Financing that helped provide the funding to complete the sale transaction. Matt was credited with actively managing working capital through a very tight liquidity situation.
  • Matt was appointed as Chapter 11 Operating Bankruptcy Trustee for BK Racing, LLC, a NASCAR Race Team operating at the series top Cup level. Matt successfully navigated a challenging situation to manage liquidity and compete on the track every weekend. Many doubted that someone without prior knowledge of the industry could successfully run a race team, but Matt was instrumental in bringing credibility back to the organization, and operated the team for most of the 2019 season prior to selling the team to another NASCAR owner.

Matt enjoys business challenges where he can bring creativity to solve important business issues and problems.  He has become a trusted advisor and resource who is called upon when a business issue is complex, but important enough that it needs to be done the right way. 

Matt is one of the few Turnaround Professionals to hold both the Certified Turnaround Professional (CTP) and Certified Insolvency and Restructuring Advisor (CIRA) designations.  Matt is also a certified mediator in North Carolina.

Matt has been asked to speak to a number of groups including the Turnaround Management Association and Bankruptcy Conferences for the Eastern District of North Carolina and the NC Bankruptcy Institute.