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Don DeMetz Returns to PW&Co

Announcements
March 24, 2010

Porter, White & Company (PW&Co) today announced that Don DeMetz has returned from active duty military service to rejoin the firm. DeMetz spent the last 14 months serving as a Lieutenant Colonel in the US Army, stationed at Camp Lemmonier, Djibouti, in the Horn of Africa. He is co-leader of PW&Co's Revitalization and Change Management practice.

DeMetz, a graduate of the US Military Academy at West Point, served on active duty for 5 years in the US and abroad, and later in the US Army Reserve. He initially joined Porter, White & Company in 2002. In late 2008, DeMetz volunteered to come out of military retirement to return to active duty, and he deployed for overseas duty in January 2009. While on active duty, DeMetz served with Combined Joint Task Force - Horn of Africa and coordinated support for Army forces operating in the region.

“We are very proud of Don’s service in one of the world’s trouble-spots, and are equally proud to have him back as part of the PW&Co team,” said PW&Co President Goodloe H. White. “Don is a proven leader and problem-solver, and he brings unique skills to our clients.”

DeMetz, who is a 1981 graduate of Harvard Business School, focuses on turnarounds of distressed situations, corporate finance, and maximizing creditor recoveries in liquidation events. His successful engagements include serving as liquidating trustee in the Birmingham Steel bankruptcy, serving as interim CFO in the North American Bus Industries turnaround, and leading the orderly wind-down of Carraway Hospital.

“With Don’s return, combined with our other team members, I believe we have the best corporate finance, turnaround, and interim management talent in Alabama,” said J.T. Price, who co-leads the PW&Co Revitalization and Change Management Practice with DeMetz. “Don has shown both through his military and business service that he is the right person to have with you in a tough situation.”

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