Experts & Advisors
Paul Musselman
Senior Managing Director

Ankura – Main Office
2000 K Street NW, 12th Floor, Washington, DC 20006
+1.650.422.8113 Mobile
Paul Musselman is a Senior Managing Director at Ankura, based in Washington, DC. He is focused on inorganic growth and value creation through mergers and acquisitions and enterprise-wide operational performance improvement. With more than 25 years of experience, he has advised clients on over $150 billion in transactions and helped deliver significant Earnings Before Interest, Taxes, Depreciation, and Amortization and cash-flow improvements through transformation, integration, separation, and carve-out programs.
Experience
Prior to Ankura, Paul held senior leadership roles at a global strategy and operations consulting firm and at large, publicly traded companies, where he led enterprise transformations and transaction execution for corporate and private equity stakeholders. Paul works across a range of industries, including technology, media and telecommunications, consumer products, renewable energy, and diversified industrials. He is known for a collaborative, results-driven approach and has been recognized with multiple industry and client awards. A decorated 12-year U.S. Army Special Forces veteran, Paul brings mission-oriented leadership and disciplined execution to complex, high-stakes engagements for clients worldwide.
Paul’s representative experience includes:
- Danone: Acquisition of a majority stake in Kate Farms.
- SunPower: Successful corporate reorganization under Chapter 11 and carve-out of 1,200 employees under the New Homes, Blue Raven, and Dealer Network businesses and sale to Complete Solar.
- Danone: Carve-out of its U.S. premium organic dairy brands Horizon Organic and Wallaby to Platinum Equity.
- TBC Corporation: Carve-out of 600 National Tire and Battery stores and 6,000 employees to Mavis Tire Express Services Corporation.
- iHeartMedia: $2 billion carve-out and spin of Clear Channel Holdings Inc. Named 2020 Mega Company Transaction of the Year by The Turnaround Management Association.
- Safran: Acquisition and integration of Collins carved-out division of Aerospace ElectroMechanical Systems business.
- eBay: $90 billion carve-out, separation and tax-free spin of PayPal.
- JDS Uniphase: $3 billion carve-out and tax-free spin of Lumentum and Viavi Solutions.
- Education
- MPP, Business and Government Policy, Harvard Kennedy School
- BA, History, University of California, Berkeley
- U.S. Army JFK Special Warfare Center (18D/18C)