Frank Pometti is a senior director at Zolfo Cooper with over 20 years of financial and operational experience. He has advised clients in a variety of situations and has experience in all areas of operational and financial restructuring including performance improvement, process redesign, organizational redesign, financial planning, asset sales and working capital management.
Frank is a financial advisor to New Gulf Resources, an onshore exploration and development company, where he is evaluating restructuring alternatives, preparing short- and long-term cash flow forecasts and negotiating with lenders.
Recently Frank was deputy chief restructuring officer for Milagro Exploration, an onshore Gulf Coast exploration and development company. He has advised the independent board directors of a public energy company (over $40 billion in assets), and the Official Committee of Retired Employees of American Airlines. For one of the nation's largest military construction general contractors, Frank drove the out-of-court asset sale process and managed the wind-down of the remaining entity.
For Samsonite, he led the restructuring of the retail business model, driving over $7 million of EBITDA improvement. Other assignments include advising the Dynegy court-appointed Examiner, the secured creditors of Aquilex and the unsecured investors of New Stream Capital.
Frank also has extensive experience providing bankruptcy litigation support involving solvency determinations, fraudulent conveyances and successor liability.
Prior to joining Zolfo Cooper, Frank was chief procurement officer at Marsh & McLennan Companies (managing over $2.5 billion in external spend), and a director of corporate operations, where he drove the transformation of MMC’s support functions and the restructuring of Marsh’s North American insurance brokerage business.
As a management consultant at A.T. Kearney, Frank led business strategy, operational efficiency, process redesign and cost reduction initiatives for various clients.
Frank began his career as a military intelligence officer in the U.S. Army.
Education, Certification & Professional Affiliations
- M.B.A. from Columbia Business School (Beta Gamma Sigma)
- B.S. from The United States Military Academy at West Point
- Certified Insolvency and Restructuring Advisor
- Member of the Association of Insolvency and Restructuring Advisors