Formerly, Mr. Engle was President and Founder of Asset Recovery Services, Inc, a turnaround management and advisory firms that he started in 1999.  Prior to forming Asset Recovery Services, Inc., he was a turnaround consultant for 3 years.   

Mr. Engle, an executive with over 25 years of diverse business experience, is skilled at crisis management and financial due diligence as part of, or with respect to corporate turnarounds and advisory services.  He further specializes in bankruptcy trustee and receivership services, and is often retained by boards, creditors and Chapter 11 Trustees to serve as an interim CEO, Chief Restructurning Officer or corporate bankruptcy consultant, and has performed these services on over 40 assignments during the past 12+ years.  These assignments included companies in telecommunications, business services, technology, internet service providers, e-commerce retailers, as well as insurance and financial service companies.

SAMPLE OF TURNAROUND ASSIGNMENTS

• Consultant and Member of the Finance Committee and Strategic Planning Committee of a 140 year old private boarding school to assist in the financial turnaround, which included the development of a five year business plan that involved a revised marketing, recruiting and retention plan, debt restructuring strategies, and updated financial forecasting models.
• Chairman and CEO of a $240,000,000 subsidiary of a telecommunications company, elected as part of a “palace coup” strategy initiated by a secured creditor, and immediately filed a Chapter 11 petition in order to protect the company’s assets and separate it from its publicly traded parent, which ultimately filed its own bankruptcy.  Successfully completed the turnaround which included the marketing and sale of the assets for a total value in excess of $100,000,000.
• CEO of a $150,000,000 business services company with over 300 employees, which had filed under Chapter 11.  Developed and implemented a plan which resulted in the company improving from a loss of $2,500,000 per month, to a profit of $1,000,000 per month over a 5-month period.  Managed the "363" sale process, which resulted in the secured creditors recovering 100%, and unsecured creditors receiving 25% on the dollar.
• Interim CEO of a $60,000,000 insurance and financial services firm upon the disappearance of the Chairman and CEO.  Managed the Chapter 11 bankruptcy process which ultimately led to the  consummation of a Plan of Liquidation.

EDUCATION / ASSOCIATIONS / COMMUNITY INVOLVMENT
    Towson University, 1980, Bachelor of Science Degree in Business.
    Member of the Turnaround Management Association (2000 to present)
    Nominated for Turnaround of the Year 2002 - Large Company
    Investment Banking Institute – Financial Modeling and Valuation Analysis 
    Course – 2008
    Oldfields School - Member of Financial and Strategic Planning Committee's (2008 
    to present)
    Hawksfield Homeowners Association - President (2003 to 2006)
    Park School - Member of Sustainability Committee (2007 to present)