J. Tim Pruban
J. Tim Pruban is a turnaround management specialist with over 30 years of experience in business restructuring, asset recovery, liquidation management and asset sales. Tim has wide-ranging experience working on behalf of stakeholders to preserve value and maximize recovery in distressed situations. He is a recognized expert in strategic business planning, operations management, bankruptcy, organizational restructuring and interim management.
Tim is the founder of Focus Management Group, a leading nationwide financial advisory and management consulting group with over 50 staff professionals. He has personally served more than 500 companies, and through engagements on behalf of stakeholders of distressed companies has facilitated the sale of over $5 billion of assets and led the collection of over $1 billion of accounts receivable.
Tim has managed, overseen and worked directly on specific liquidation and asset recovery engagements for a range of leading financial institutions, including American Capital Strategies, Bank of America, BMO/Harris Bank, Capital One, CIBC, Citibank, GE Capital, Regions, PNC, SunTrust, Textron Financial, US Bank, and Wells Fargo. As a Court-Appointed Responsible Person, Advisor and Chief Restructuring Officer to Debtors-In-Possession for numerous Chapter 11 bankruptcy cases, Tim is experienced in all aspects of corporate restructuring both within and outside of court protection.
Tim is a member of the American Bankruptcy Institute, the Association for Corporate Growth, and serves as a board member of the Turnaround Management Association (TMA), Florida. DePaul University, Chicago, awarded Tim his MBA with a focus in Entrepreneurship and Finance. Tim also earned his Bachelor of Arts degree in Accountancy from DePaul.