News Announcements
Announcements
July 1, 2009
Porter, White & Company (PW&Co) today announced that J.T. Price, an experienced private equity manager, consultant, and interim management specialist, has joined as Vice President. Price and Don DeMetz will lead PW&Co's new Revitalization and Change Management practice.
Price, an honors graduate of Harvard Law School who has worked for McKinsey & Company and in various operations and management roles in middle-market companies, comes to PW&Co from private equity investor Three Cities Research, where he spent five years as Principal, focusing on transforming struggling companies into profitable enterprises. Price will advise clients on a consulting basis or provide interim management and restructuring leadership support.
"J.T.'s legal background, combined with his management and transactional experience, provides special insights into the intersection of operations, finance, organizational, and legal issues," said PW&Co President Goodloe White. "We are excited to have him on board to work with Don to lead our Revitalization and Change Management practice."
DeMetz, who joined PW&Co in 2002, currently is on leave of absence serving in the United States Army as a liaison officer for the joint military command with responsibility for the Horn of Africa, and will return in January 2010. "I am asked every week about how Don is doing and when he is returning," said PW&Co Chairman James H. White III. "We are proud of his service overseas, and look forward to one of Alabama's top restructuring and finance executives rejoining our team."
PW&Co's Revitalization and Change Management practice will build on its history of providing advice and interim management support to companies, governments, and institutions. "Over the years, and especially in the current economic environment, Porter, White & Company has advised clients on managing challenges, such as financial distress, acquisitions and divestitures, and unexpected leadership transitions," said White. "However, we never formalized these efforts into a practice area. With J.T. joining our team, the time is right to take this step."
As part of launching the new practice are, PW&Co has published via its website, two white papers that describe our scope of services and provide reccomendations for business owners in managing in troubling times.
Porter, White & Company (PW&Co) is an independent investment banking and advisory firm offering experienced professionals and a multi-disciplined approach to solving financial challenges of governments, institutions, businesses, and individuals. PW&Co’s practice areas include Corporate Finance, Investment Management, Public Finance Advisory, Derivatives Advisory, Real Estate, and Revitalization and Change Management.
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