Prior to CR3, Spencer has worked at AlixPartners, Zolfo Cooper, and Riveron. He has received awards from M&A Advisor as the Turnaround Consultant of the Year; the American Bankruptcy Institute (ABI) in their 40 Under 40 list; the New York Institute of Credit (NYIC) as their Future Leader of the Year. His cases have received deal of the year recognition from the Turnaround Management Association (TMA), ABI, M&A Advisor, and Turnaround Atlas. He has served on wide range of professional and non-profit boards, is a regular author, speaker on panels, and lecturer at several academic and industry classes, and is sought after by new outlets on the topic of restructuring.
Representative Experience
- CRO of Coach USA, a passenger transportation company and the largest bus operator in the U.S., which was recognized as the Transaction of the Year from the M&A Advisor and the Asset Sale of the Year from the ABI.
- CRO of Eastern Outfitters, an outdoor clothing and equipment retailer including Eastern Mountain Sports and Bob’s Stores. His work earned him recognition from Turnaround Atlas, M&A Advisor, and the TMA’s Mid-Sized Transaction of the Year Award.
- Hired to serve as CRO for several companies, including BH Cosmetics, Dress Barn, Linens-N-Things, Modell’s Sporting Goods, Peir 1, RadioShack, Ralph & Russo, Stein Mart, The Book People and The Franklin Mint.
- Other officer roles through a Chapter 11 restructuring, including JCPenney as Treasurer and BH Cosmetics as CEO.
- Other select clients include Aegerion Pharmaceuticals, Akorn Pharmaceuticals (Buyer), American Red Cross of NY, Calpine, CEVA, City of Detroit (Ad Hoc Group of Mono-Line Insurers), Claire’s Stores (Lender Group), Enron, Fairway Market, General Growth Properties, Gymboree, Howard Huges Corporation, Krispy Kreme, Media General, Mirant (Lender Group), Party City, Port Authority of Puerto Rico, Provo Craft, SemGroup Energy Partners, Staples, Toys R Us, and TOUSA.