With thirty years experience
navigating companies through operational turnaround and restructuring, Carter Pennington spearheaded exceptional profit and
performance improvements for multinational firms in diverse industries. Developing and executing strategies that swiftly
stemmed losses, recaptured revenue and restored profitability, he has consistently increased stakeholder value in the most
Carter Pennington assumes leadership roles in distressed
and underperforming companies. Working as interim CEO, CRO, CFO or as a strategic advisor, he works side-by-side with
company management to create change and increase stakeholder value.
In 2004 he launched Cardinal Strategy
Group, after working as a director in the Turnaround & Restructuring Group of AlixPartners and as a strategic planning
consulting with Novations Consulting Group. His client engagements included Fortune 500 and middle-market companies
in manufacturing, energy, publishing, hospitality, telecommunications, apparel and consumer products.
Prior to branching out into management consulting, Carter was the Senior Vice President of Finance and Operations
at GFT International, Director of Business Planning at Revlon and held business planning positions at Bristol-Myers Squibb
and Ernst & Young.
is a member of the Turnaround Management Association, American Bankruptcy Institute, the Association for Corporate Growth
and served on the Board of Directors for the ARC Mercer. He has participated in numerous speaking engagements on turnaround
management and corporate growth. He graduated with honors from the City University of New York at
Brooklyn College and earned an MBA from the Johnson Graduate School of Management at Cornell University.