Wharton Restructuring and Turnaround Conference


Keynotes

Greg Brenneman is Chairman of CCMP Capital and a member of the firm’s Investment Committee. Mr. Brenneman plays an active leadership role in executing the firm’s overall strategy while remaining actively engaged in completing transactions, developing strategies and coaching the senior management of CCMP’s portfolio companies.

He is also Executive Chairman of Denver-based Quiznos, one of the nation’s fastest-growing quick service restaurant chains and pioneer of the toasted sandwich, and he is Chairman and CEO of TurnWorks, Inc., a Houston-based private equity firm that focuses on corporate turnarounds. TurnWorks also holds an equity position in Quiznos alongside Cervantes and CCMP Capital. 

Mr. Brenneman most recently served as Chief Executive Officer, President and Partner of Quiznos, where he was responsible for running the company and leading Quiznos’ next-level growth strategies for the brand. Prior to Quiznos, Mr. Brenneman was Chairman and CEO of Burger King Corporation. During Mr. Brenneman's tenure, he and a team of talented executives led the turnaround of Burger King Corporation, where he oversaw nearly a tripling of average profits per restaurant with a wide array of lucrative new products, award-winning advertising and dramatically improved customer service.

Prior to Burger King, Mr. Brenneman was named President and CEO of PwC Consulting in June 2002, where he restructured the business, leading to a strategic sale to industry leader IBM for over $3.5 billion, nearly double the anticipated IPO value, and resulting in the creation of the largest IT services business in the world at that time. Mr. Brenneman joined Continental Airlines in 1995 as President, COO and a member of their Board of Directors. Mr. Brenneman helped lead the airline’s 53,000 employees as they completed one of the most dramatic turnarounds in American business history.

Prior to founding TurnWorks in 1994, Mr. Brenneman was a Vice President for Bain and Company. Mr. Brenneman holds a Masters of Business Administration degree with distinction from Harvard Business School and a Bachelors Administration of Business in Accounting/Finance, summa cum laude from Washburn University of Topeka, Kansas. He was awarded an honorary Doctor of Commerce degree from Washburn University. Mr. Brenneman serves on the Board of Directors of The Home Depot, Inc. and Automatic Data Processing, Inc. (ADP).

Since joining Blackstone in 1992, Mr. Coleman has worked on a variety of restructuring and reorganization assignments for companies, creditor groups, special committees of corporate boards, corporate parents of troubled companies and acquirers of distressed assets. Mr. Coleman’s most notable assignments include Adelphia, AT&T (in the restructurings of AT&T Canada, Alestra, AT&T Broadband and Excite@Home), Bear Stearns Asset Management, Bidermann Industries USA, Inc., Cable & Wireless Holdings, Camelot Music, Inc., CellNet Data Systems Inc., Credit-Based Asset Servicing and Securitization LLC (“C-BASS”), Criimi Mae, Delta Air Lines, Edison Brothers Stores, Inc., Ermis Maritime Shipping, Financial Guaranty Insurance Company (“FGIC”), FLAG Telecom, Geneva Steel Company, Guangdong Enterprises, Harnischfeger Industries, Harrah’s Jazz Company, JPS Textile Group, Inc., Koll Real Estate, Mirant Corp., Molten Metal Technology, Inc., RCN, R.H. Macy & Co., Stratosphere Corporation, Supercanal Holding, S.A., Vencor, Inc., Williams Communications, Xerox Corporation and XL Capital. The International Financing Review recognized Mr. Coleman’s efforts in the restructuring of C-BASS by naming the transaction the Restructuring of the Year in 2008.

Before joining Blackstone, Mr. Coleman was a Vice President at Citibank N.A. for twelve years, where he divided his time between corporate restructuring, real estate restructuring, and loan syndications. Mr. Coleman is a frequent guest lecturer at Columbia University and New York University. He is a member of the inMotion Board of Directors and the Board of Leaders of the Marshall School of Business at the University of Southern California. Mr. Coleman received a BA from the University of California at Santa Barbara and an MBA from the University of Southern California.

Since the formation of Oaktree in 1995, Mr. Marks has been responsible for ensuring the firm’s adherence to its core investment philosophy, communicating closely with clients concerning products and strategies, and managing the firm. From 1985 until 1995, Mr. Marks led the groups at The TCW Group, Inc. that were responsible for investments in distressed debt, high yield bonds, and convertible securities. He was also Chief Investment Officer for Domestic Fixed Income at TCW and President of TCW Asset Management Company, the largest of the TCW companies.

 Previously, Mr. Marks was with Citicorp Investment Management for 16 years, where from 1978 to 1985, he was Vice President and senior portfolio manager in charge of convertible and high yield securities. Between 1969 and 1978, he was an equity research analyst and, subsequently, Citicorp’s Director of Research. Mr. Marks holds a B.S.Ec. degree cum laude from the Wharton School of the University of Pennsylvania with a major in Finance and an M.B.A. in Accounting and Marketing from the Graduate School of Business of the University of Chicago, where he received the George Hay Brown Prize. He is a CFA® charterholder and a Chartered Investment Counselor. Mr. Marks chairs the Investment Board of the University of Pennsylvania and is a member of the investment committees of the David and Lucille Packard Foundation and the Edmund J. Safra Foundation.

Wilbur L. Ross, Jr.

Mr. Ross, Jr. is the Chairman and Chief Executive Officer of WL Ross and Co., L.L.C.

Wilbur Ross, CEO of WL Ross & Co. LLC, may be one of the best known private equity investors in the U.S. His private equity funds bought Bethlehem Steel and several other bankrupt producers and revitalized them into the largest U.S. producer before merging them into Mittal Steel for $4.5 billion. Mr. Ross remains a Director of what is now ArcelorMittal, the world’s largest steel company. He also created and chairs International Coal Group; International Textile Group, the most global American company in that industry; and International Auto Components Group, a $4.5 billion producer of instrument panels and other interior components, operating in 17 countries; Compagnie Europeenne de Wagons Sarl, the largest rail car leasing company in Europe, and American Home Mortgage Servicing Inc., the second largest servicer of subprime mortgages.

Mr. Ross was Executive Managing Director of Rothschild Inc. for 24 years before acquiring that firm’s private equity partnerships in 2000. He is a Board Member of the Whitney Museum of American Art, Yale University School of Management, Japan Society, Partnership for New York City, Palm Beach Civic Association, Business Roundtable, Harvard Business School Club of New York, the Committee on Capital Markets Regulation, the Harvard University Committee on University Resources and the Chairman’s Council of the U.S./India Business Council. President Kim Dae Jung awarded him a medal for his assistance in Korea’s financial crisis, President Clinton appointed him to the Board of the U.S.-Russia Investment Fund and he served as Privatization Advisor to New York City Mayor Rudy Giuliani. China Institute has presented him with its Blue Cloud Award. Mr. Ross formerly served as Chairman of the Smithsonian Institution National Board.

Mr. Ross is a graduate of Yale University and of Harvard Business School (with distinction).