Don Featherstone
Senior Managing Director

Donald Featherstone is a Senior Managing Director at Ankura and is based in London. Donald has more than 30 years of professional experience, including over 20 years working with boards, management teams, companies and stakeholders in turnaround and restructuring cases. Donald specialises in complex, large scale, cross-border restructuring cases and has extensive experience in the United States,  the United Kingdom, Latin America, Europe, the Middle East and Africa (EMEA).

 

  • Experience

    Prior to joining Ankura, he was a Managing Director and Partner with a management consulting firm in London. Previously he served as the leader of a Big Four  restructuring practice in Europe, the Middle East, India and Africa, and as the EMEA Head of Turnaround and Restructuring for global restructuring advisory firm based in London.

    Donald has worked with a large number of private and public companies across a wide variety of industries including energy, construction, manufacturing, retail and shipping. He has extensive experience in developing business plans, working with management teams to implement operational turnaround measures, managing complex stakeholder groups, and negotiating restructuring agreements.

    Donald has served as Chief Executive, Chief Financial Officer, Chief Restructuring Officer, and board member in numerous companies faced with a combination of financial and operational challenges.

    Donald is a Fellow of the U.K.’s Institute for Turnaround and is a regular speaker at the London School of Business on restructuring matters.  In 2010, he was included in Private Equity News’ list of top restructuring advisors in Europe, and is co-author of The Stress Test Every Business Needs, a book on turnaround, restructuring and capital transformation.

    He is an American and British citizen and has resided in the UK since 2003.

    A selection of Donald’s enagement experience includes:

    • Chief Restructuring Officer of Fitness First Ltd., the world’s largest fitness club company with operations in the UK, Germany, Asia and Australia.
    • Chief Restructuring Officer of Bluewater Energy Services, one of the world’s largest owners and operators of floating production, storage and offloading vessels.
    • Executive Chairman of Viking Mooring, a marine engineering company which provided technical mooring services and equipment to the offshore drilling industry.
    • Chief Financial Officer of Schefenacker PLC, a $1.2 billion European Tier 1 auto supplier based near Stutgart, Germany.
    • Chief Restructuring Officer of Vion Foods, a €10 billion food processing company based in the Netherlands with operations around the globe.
    • Board Member of O3B Satellites Ltd, a private equity owned satellite company providing broadband satellite services to emerging markets.
    • Chief Executive Officer of Mushrif Trading and Contracting, a listed construction company based in Kuwait with operations throughout the Gulf Cooperation Council (“GCC”).
    • Chief Restructuring Officer of Sevan Marine, a listed owner and operator of floating production vessels based in Norway.
    • Board member of Seatrucks Group Ltd., a Nigeria based offshore services provider with global operations.
    • Board advisor to a UK based luxury automotive company.
    • Board advisor to Petroceltic, plc, a listed exploration and production company based in Dublin, Ireland.