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Mr. Auchterlonie founded The Scotland Group, Inc. in 1986.
The firm specializes in assisting underperforming and distressed businesses
through hands-on corporate turnaround management. The firm’s outstanding
record of success results from the involvement of line management CEOs in
each client engagement.
Mr. Auchterlonie is actively involved in community activities. He serves as
Past-Chairman of the internationally recognized Turnaround Management
Association (TMA), a 8,500 member global professional trade association.
Further, he serves on the Board of Advisors of an internationally based
distressed debt fund and is a past Board member of TMA (12 years) and of
the Association of Certified Turnaround Professionals (6 years).
He has recruited, mentored and supervised CEOs serving the firm’s clients
in multiple industries, all in highly distressed settings. Further, Mr.
Auchterlonie has provided his turnaround expertise as CEO to clients in
retail, healthcare, consumer products, transportation, food, manufacturing,
distribution, and telecommunications, among other industries. Under his
leadership the firm has served over 200 underperforming or distressed
businesses since its founding. These client engagements include
representation of companies, bank groups, creditor committees and equity
sponsors both outside and inside bankruptcy proceedings.
Prior to forming his firm he was a financial officer for three public
companies, where he created substantial value (Tiger International, Redken
Laboratories and Applied Magnetics). Mr. Auchterlonie began his career in
1968 with Price Waterhouse in Los Angeles, where he had engagement
responsibilities for Fortune 500, middle market and emerging business
clients.
He received his Bachelor of Science degree in Business Administration from
California State University, Northridge in 1969. He is a Certified Public
Accountant and a member of the AICPA. After completing a rigorous
certification process, the Association of Certified Turnaround
Professionals officially designated Mr. Auchterlonie as a Certified
Turnaround Professional (CTP) in November 1996. In October 2008, the
Turnaround Management Association inducted Mr. Auchterlonie into its Hall
of Fame for his direct involvement to develop turnaround management from a
cottage industry into a worldwide profession.
Mr. Auchterlonie is a frequent speaker at seminars related to corporate
renewal and turnaround management. He has also authored several articles
related to corporate turnaround management.
He lives with his wife Barbara, an attorney, in Corona del Mar, California.
He is a father of three grown sons and proud grandfather to five
grandchildren. |
