Social Media Links

Experts & Advisors

Scott Davido

Senior Managing Director

Photograph of Scott Davido

485 Lexington Avenue, 10th Floor
New York, NY 10017

+1.212.818.1555 Direct
+1.612.839.7013 Mobile

Get in touch

Scott Davido, Senior Managing Director at Ankura, has served companies and governments for more than 30 years in a wide array of roles, including as a sitting C-level executive, interim executive, and advisor. In these roles, he has led operations, finance, accounting, and strategic functions for entities undergoing operational and/or financial crisis/transition in a variety of industries, including energy, auto rental/mobility, retail, healthcare, and governmental services. He enjoys a national reputation as a restructuring expert and crisis manager forging consensual agreement among diverse parties.


Scott has successfully led companies and advised and assisted clients on all aspects of the workout process, including developing/evaluating business plans; developing, evaluating, and negotiating reorganization/restructuring plans; completing complex debt refinancings; supporting valuations; preparing/analyzing court and creditor reports; and performing due diligence procedures. He has served as a sitting CEO, president and COO, CFO, and chief legal officer; in interim roles as a chief restructuring officer and C-level executive; and as an independent member of boards of directors in a number of matters for companies undergoing crisis or transition.

Immediately prior to joining Ankura, Scott was the CEO and president of Advantage Rent a Car, one of the largest mobility providers in the U.S. While at Advantage, Scott developed and implemented a plan that grew sales in 2018 versus 2017 by $18 million, and improved EBITDA by $30 million, on a sales base of $325 million, through eight sales and operational initiatives. During this time, he also created culture focused on customer experience, improving the Net Promoter Score by thirty points, raising the Google Star Ratings to 3.6 from 1.4 stars, and obtaining an “A+” Better Business Bureau rating in 2018 in an industry with customer reputation challenges.

Scott’s professional experience includes:

  • Chief Restructuring Officer for MDC Texas Energy, an independent oil and gas exploration and production company.
  • Chief Implementation Officer at Baylor College of Medicine, where he oversaw more than $40 million in annual financial improvement, refinancing of $1 billion of bank and bond debt, and revitalization of the college’s stalled hospital construction project.
  • Restructuring advisor to Energy Alloys, an oil field services company, leading the refinancing of $200 million of bank debt and a series of cash flow improvement initiatives.
  • Restructuring advisor to UniversalPegasus International, Inc., an EPC company serving the oil and gas and power industries, assisting with the refinancing of more than $200 million of bank debt and a series of cash flow and operational improvements.
  • Advisor to the Official Committees of Unsecured Creditors in the chapter 11 reorganizations of Energy Future Holdings (one of the largest integrated power utilities in the U.S.), and Edison Mission Energy, a large wholesale power generator.
  • Interim CFO of Western Dental Services, Inc., an over $500 million revenue owner of more than 200 dental clinics; and interim CFO The Brock Group, Inc., an over $1billion industrial soft crafts/services company.
  • Advisor to a number of governmental entities, including: the Puerto Rico Electric Power Authority (PREPA) and the Puerto Rico Water Authority (PRASA), as they sought to restructure billions in debt; Jefferson County (Birmingham), Alabama, in its financial crisis; bond insurers in the city of Detroit chapter 9 bankruptcy; pension obligation bondholders for the city of San Bernardino, California in its Chapter 9 bankruptcy; and the cities of Houston, Texas and Chicago, Illinois, as they evaluated their financial shortfall issues.

In addition, Scott has served as a sitting executive with:

  • Calpine Corporation during its chapter 11 restructuring, as CFO and CRO, leading development of the company’s strategic and financial plan, improving operations by $100 million annually, and overseeing a new $5 billion DIP and exit financing.
  • NRG Energy, Inc., before, during and after its Chapter 11 restructuring, first as Chairman of the Board and General Counsel overseeing the Chapter 11 restructuring of several billion in debt, and later as President of the largest operating division of the company.
  • The Elder-Beerman Stores Corp., as CFO, completing a $300 million bank refinancing, a revitalization of the company’s supply chain, and rollout of a proprietary “smart” POS system.
  • Prior to his corporate career, Scott was a partner in the business restructuring and reorganization group at the Jones Day law firm, and in public accounting with Ernst & Young.
  • Scott has also served as an independent director on the boards of: Stage Stores, Inc. (NYSE), a retail department store company with more than $1 billion revenue, where he chaired the Audit Committee; Special Metals Corporation, a metal alloy manufacturer with more than $700 million revenue; and Lensar, Inc., a medical device company.
  • JD, Case Western Reserve University School of Law
  • BS, Accounting, Case Western Reserve University
  • Attorney at Law, Ohio (inactive)
  • Certified Public Accountant, Ohio (inactive)

Let’s Connect

We solve problems by operating as one firm to deliver for our clients. Where others advise, we solve. Where others consult, we partner.

I’m interested in
I need help with