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Profile of Pierre Benoit
 

Pierre Benoit

 
MD - BBK Ltd.
 
Pierre Benoit Email :
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Company Name : BBK Ltd.
 
Company Website : www.e-bbk.com
 
Company Address : 300 Galleria Office Ctr.
Ste. 103, Southfield, MI,
United States,
 
Pierre Benoit Profile :
MD - BBK Ltd.
 
Pierre Benoit Biography :

Pierre has spent the last thirty years of his professional career as a senior corporate executive, an advisor to corporations experiencing financial or operational challenges, or as a financial and strategic advisor to senior secured creditors and noteholders. Professional Experience For 19 years prior to joining BBK, Pierre was engaged as Senior Principal and Executive Vice President, respectively, of two boutique financial advisory firms. Pierre's most recent assignment was as financial advisor to the Official Committee of Unsecured Creditors of 360 Global, Inc. At the same time, he served as a M&A advisor to a large west Kentucky-based coal mining company. Prior to that, Pierre was a financial advisor to the Official Committee of Unsecured Creditors of The Legacy Estates Group, LLC. He directed the team of industry experts and financial analysts and participated in the negotiations and planning that led to confirmation of a Plan of Reorganization that will pay the unsecured creditors a dividend far exceeding their initial expectations. Pierre was also an advisor to the noteholders of CFM Corporation, a $500 million Toronto Exchange listed manufacturer and distributor of fireplaces, fireplace equipment and barbecues. The company had unsuccessfully attempted to expand its distribution from an exclusively specialty channel model to one that also encompassed mass merchants. Within three weeks, Pierre and his team had analyzed the situation and negotiated a sale of the notes at a price in excess of par. From 2003 to 2005, Pierre had completed an assignment in the energy sector as the CRO and Chairman of North America's largest privately-owned deep coal mining company. Pierre succeeded in restructuring the company's $300 million of funded debt, avoiding a payment default, extending the terms and, most importantly, persuading some of the noteholders to commit to advancing an additional $40 million in order to fund operating shortfalls and cost overruns on new mine development. He ultimately presided over a refinancing of the company that lowered its cost of capital and provided it with greater financial and operational flexibility. During his tenure the company's revenues increased from $525 million to a projected $750 million. Pierre has successfully undertaken assignments in a number of industries including natural resources, leisure and entertainment, advertising, architectural services, retail, real estate, trucking, manufacturing and others. Background Retail/Wholesale Real Estate Leisure Activities Professional Services Natural Resources Education Bachelor of Political Science, University of Ottawa, Ottawa, Canada L.L.B., University of Ottawa, Ottawa, Canada Affiliations and Memberships Member, Turnaround Management Association Member, American Bankruptcy Institute

 
Pierre Benoit Colleagues :
Name Title Email

B. Bahadur

Founder, Chmn. Please login

William Diehl

Pres., CEO, Global Automotive Advisory Group Lead Please login

William Andrews

MD, North America Automotive Advisory Group Co - Lead Please login

James Connor

MD Please login

Alexander Craig

MD Please login


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