Stephen Gray has more than 30 years of experience developing and implementing restructuring and crisis management plans for public and private companies, general creditors, secured parties, acquirers of non-performing companies and judicial bodies. Mr. Gray is the founder of TRG, one of CRG Partners’ predecessor firms.

Mr. Gray has led the successful operational and / or financial restructuring of hundreds of companies. He has worked as a turnaround consultant and crisis manager for a wide variety of companies, and his broad industry experience includes:

Business services Communications Distribution Environmental management Financial services Healthcare

High Technology Manufacturing Pharmaceutical and chemical Real estate Retail Transportation

Mr. Gray is well known in the financial and legal communities throughout the U.S. for his work as a fiduciary. He has served as Chapter 11 trustee, state or federal receiver, examiner and post-confirmation trustee in numerous situations.

Mr. Gray is highly skilled in the dynamics of the insolvency process, bankruptcy procedures, cash flow management and all general areas of business, management and finance. In addition, he has managed the sale of many companies in a variety of industries. Some of his more recent engagements include:

• Chapter 11 trustee for High Voltage Engineering, a $450 million manufacturer of industrial electrical motors and control systems
• Chief restructuring officer (CRO) of CompUSA, a $1.8 billion retailer of consumer electronics, in an out-of-court restructuring
• CRO of a $1.2 billion construction and real estate development company in an out-of-court restructuring
• Chapter 11 trustee of Molten Metals Technology, a high-tech nuclear waste company
  
  

Prior to forming TRG, Mr. Gray was president of Gray and Company, a professional services firm specializing in turnaround and workout consulting. He also served as vice president for Exeter Management Corp., a firm specializing in consulting for distressed businesses, and as a member of the Corporate Development Staff at Arthur D. Little, Inc.

Mr. Gray holds a bachelor’s degree in engineering science from George Washington University and was a master’s level teaching fellow in mechanical engineering at Tufts University. He is a fellow of the American College of Bankruptcy, a member of both the American Bankruptcy Institute and the Turnaround Management Association, and he is a regular speaker at restructuring and insolvency conferences. Additionally, Mr. Gray was named one of Turnarounds & Workouts’ 2008 People to Watch.