Charles Arthur Soule, CTP, “Charlie”, is
a turnaround practitioner with a long and successful
career in turnarounds and workouts mostly of private
companies. He has a persistent approach to solving the
needs of the client and a dedication to quality and
ethics. He is pleased and proud to be a longtime member
and a strong supporter of the TMA. He recognized and
supported the early efforts of the certification program
and participated in the first class for accreditation
as a CTP. He currently chairs the TMA committee on advanced
education for certified turnaround practitioners.
Charlie
graduated from Yale University in 1963 with a BA, majoring
in economics. He served as a line officer in the U.
S. Navy in the mid 1960's specializing in communications
and intelligence. He received his MBA from Harvard in
1969, graduating with distinction.
In the early days of his career in the 1970's he managed
a small business, growing it ten fold in ten years from
near insolvency to profitability and success. During
that time he participated in several workouts and turnarounds,
the most visible of which was the Rosie O’Grady’s
and Church Street Station entertainment complex in Orlando.
It became the second largest entertainment complex in
Florida after Disney World.
In
the mid 1980's Charlie started his own consulting firm
and built it with several specialists. His numerous
clients spanned many industries - plastics manufacturing,
limousine service, auto parts warehouse and distribution,
machine parts, gold refining and gold jewelry manufacturing,
pressure vessel manufacturing, suspended access hoists,
traveling photography and film laboratory. Some cases
included divestitures and sales of private businesses.
Likewise, he has extensive experience in Chapter 11
cases, achieving considerable success with confirmations
and/or sales of assets in consort with stockholder objectives.
He has also held interim manager positions with CEO
and/or CFO responsibilities. Charlie believes these
opportunities are a requirement for being an effective
turnaround professional.
In
2001 Charlie joined with several other professionals
of long-standing to make a professional presence in
the Atlanta-Southeast area into a new firm – Aurora
Management Partners. The firm with 11 members has already
become one of the largest and most experienced in the
Southeast. Previously in 1995 he had merged his practice
with Gary Brooks and Raleigh Minor in Allomet Partners,
Ltd. as a principal. The firm expanded to include offices
in New York, Chicago, Atlanta and other cities, and
Charlie became president of the firm.
Recent cases handled directly by Charlie include Chapter
11 reorganizations (and confirmations) of a large citrus
grower and packer, a textile printer, and a medical
supply firm. Consulting assignments have included modular
building manufacturers, an environmental remediation
firm, a boiler manufacturing firm, a mining company,
a telecommunications roll-up, a HVAC roll-up, a large
citrus processor, and a health care provider.
Charlie currently resides in Chattanooga with his wife
Frankie and also maintains residences in Atlanta and
Florida. He has contributed to his communities through
active board memberships in both local companies and
charities and service clubs.
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