Bettina M. Whyte
Bettina M. Whyte is a Managing Director and Senior Adviser with Alvarez & Marsal. She is a nationally recognized leader in the financial and operational restructuring industry.
Prior to joining A&M, Ms. Whyte chaired the advisory board of Bridge Associates, LLC, a crisis management and restructuring firm. Until October of 2007, she was a Managing Director and the Head of the Special Situations Group at MBIA Insurance Corporation. Before joining MBIA, Ms. Whyte was a Managing Director of AlixPartners from 1997 to 2005.
Ms. Whyte has served as an interim CEO, COO and Chief Restructuring Officer of numerous large and mid-sized public and private corporations and partnerships. She has also been appointed by the bankruptcy courts as a Chapter 11 and a Chapter 7 Trustee and by state and federal courts as a Receiver. In these positions, she has been charged with the responsibility of daily management of the company, including implementation of cost reductions; maximization of asset productivity and development of strategies for returning products, divisions and overall operations to profitability; preparation of valuations for operations that may be divested and negotiations with potential purchasers; and negotiation of restructuring proposals with creditors and / or new sources of capital.
Additionally, Ms. Whyte has been appointed by the Bankruptcy Court as an Examiner to review allegations of fraud and mismanagement on the part of previous management / owners and to act as an independent arbitrator where disputes between parties were hindering the reorganization process. She has also served as a Liquidating Trustee where no successful plan of reorganization can be accomplished. Most recently, Ms. Whyte was retained by the Federal District Court in Eugene, Oregon to serve as a mediator and arbitrator of several complex matters related to a multibillion dollar SEC Receivership matter.
Ms. Whyte has been active in a broad range of industries, including real estate, airlines, aircraft manufacturing, not-for-profits, oil and gas, commodity trading, retail, real estate, food services, transportation, distribution, manufacturing, high technology, telecommunications, healthcare, professional services, entertainment and financial services.
Ms. Whyte serves on the boards of directors of AGL Resources (NYSE) and is a member of the Finance and Risk Management Committee and the Chair of the Compensation Committee; of Rock-Tenn Company (NYSE), where she serves on the Compensation and Audit Committees; Armstrong World Industries, Inc. (NYSE), where she sits on the Audit and Corporate Strategy Committees; and the board of Amerisure Insurance, a mutual insurance company, where she is the Chair of the Audit Committee and a member of the Investment and Acquisition Committee. She is on the Business Advisory Board of Solera Capital, a private equity firm; the Advisory Board of St. John's Law School; and the Dean's Advisory Council for the Krannert School of Business at Purdue University. She is an Adjunct Professor of Law at Fordham University and has been a guest lecturer at The Harvard Business School, Kellogg School of Management at Northwestern University, Columbia Business School, The Stern School of Business at New York University and The Krannert School of Business at Purdue University. She has been featured in BusinessWeek, Working Woman, CEO magazine, The Daily Deal, Boards and Directors magazine and has appeared on NBC Nightly News, CNN, National Public Radio and Sky Radio. Ms. Whyte is also the Past President of the American Bankruptcy Institute (ABI) and is a Fellow of the American College of Bankruptcy.
Ms. Whyte earned a bachelor's degree in industrial economics from Purdue University and a master's degree in business administration in finance and accounting from the Kellogg School of Management at Northwestern University.