Clyde Hamstreet

Mr. Hamstreet has been a leading figure in the national turnaround industry for more than fourteen years, with over 20 years of experience in business consulting and restructuring. He originally founded Hamstreet & Company in Portland, Oregon, in 1988. In 1999, he joined forces with two other regional firms to form Glass & Associates, which he then helped lead to national prominence. Five years later, Mr. Hamstreet left Glass and founded Hamstreet & Associates, with a focus on corporate restructuring and turnarounds.

Mr. Hamstreet is well known in the industry for building consensus among diverse groups of people. His commitment to finding win-win solutions enables him to bring employees, management, creditors and shareholders together to achieve successful turnarounds. He is recognized for his ability to assess companies insightfully, to develop strategic plans of attack, to identify and resolve through effective negotiation the critical concerns of lenders, and to provide the necessary direction for management and employees to attain ambitious goals. His outstanding ability to understand complex business issues and translate them accurately for the benefit of non-experts is the foundation of his communication and leadership skills.

With an expertise in corporate finance, management, and governance, Mr. Hamstreet has held management positions in many corporations, including Chief Executive Officer, Chief Restructuring Officer, President, Chief Financial Officer, and Director. He has successfully restructured large and mid-size companies and has led many initiatives to restore underperforming corporations to profitability. His experience includes the strategic repositioning of core operations, complex refinancing arrangements, aggressive cost reductions, divestitures, and intensive management of working capital. He recently completed a twenty-two month engagement serving as the Chief Restructuring Officer of a $1.5 billion company, whose restructured operations and balance sheet gave birth to sustainable earnings after years of losses.

Mr. Hamstreet has served as an expert witness in numerous federal cases, and multi-million dollar arbitration matters.  He has also advised corporate boards on improving governance processes and the effectiveness of the relationship between board and management.

In addition to being a Certified Turnaround Professional, Mr. Hamstreet has served in leadership positions of the Northwest and National Turnaround Management Associations and the Association of Turnaround Professionals. He has been nominated for Turnaround Practitioner of the Year three times, winning the award in 1994 and again most recently in 2005.

Mr. Hamstreet serves or has served on local and state boards and commissions, as well as nonprofit and corporate boards. He holds a B.S. in Business Administration from Oregon State University.