Edward Altman is the Max L. Heine Professor of Finance Emeritus at New York University, Stern School of Business, and Director of the Credit and Fixed Income Research Program at the NYU Salomon Center.
Dr. Altman has an international reputation as an expert on corporate bankruptcy, high‐yield bonds, distressed debt, and credit risk analysis. He is the creator of the world‐famous Altman Z‐Score models for bankruptcy prediction of firms globally. He was named Laureate 1984 by the Hautes Études Commerciales Foundation in Paris for his accumulated works on corporate distress prediction models and procedures for firm financial rehabilitation and awarded the Graham & Dodd Scroll for 1985 by the Financial Analysts Federation for his work on Default Rates and High Yield Corporate Debt. He was a Founding Executive Editor of the Journal of Banking & Finance and serves on the editorial boards of several other scholarly finance journals.
Professor Altman was inducted into the Fixed Income Analysts Society Hall of Fame in 2001 and elected President of the Financial Management Association (2003) and a Fellow of the FMA in 2004, and was among the inaugural inductees into the Turnaround Management Association's Hall of Fame in 2008.
In 2005, Dr. Altman was named one of the “100 Most Influential People in Finance” by Treasury & Risk Management magazine and is frequently quoted in the popular press and on network TV.
Dr. Altman has been an advisor to many financial institutions including Merrill Lynch, Salomon Brothers, Citigroup, Concordia Advisors, Investcorp, Paulson & Co., S&P Global Market Intelligence and the RiskMetrics Group (MSCI, Inc.). He is currently (2018) Advisor to Golub Capital, Classis Capital (Italy), Wiserfunding in London, Clearing Bid, Inc., S‐Cube Capital (Singapore), ESG Portfolio Management (Frankfurt) and AlphaFixe (Montreal). He serves on the Board of Franklin Mutual Series and Alternative Investments Funds. He is also Chairman of the Academic Advisory Council of the Turnaround Management Association. Dr. Altman was a Founding Trustee of the Museum of American Finance and was Chairman of the Board of the International Schools Orchestras of New York.
Edith S. Hotchkiss is a Professor of Finance at the Carroll School of Management at Boston College, where she teaches courses in corporate finance, valuation, and restructuring. She received her AB in engineering and economics summa cum laude from Dartmouth College and her PhD in finance from NYU's Stern School of Business. Prior to entering academics, she worked in consulting and for the Financial Institutions Group of Standard & Poor's Corporation.
Professor Hotchkiss's research covers topics including: corporate financial distress and restructuring; the efficiency of Chapter 11 bankruptcy; and trading in corporate debt markets. Her work has been published in leading finance journals including the Journal of Finance, Journal of Financial Economics, and Review of Financial Studies. She has served on the national board of the Turnaround Management Association, and as a consultant to FINRA on fixed income markets. She has also served as a consultant for several recent Chapter 11 cases.
Wei Wang is an Associate Professor and RBC Fellow of Finance and Director of Master of Finance–Beijing program at the Smith School of Business at Queen's University, Canada. His research interests are in bankruptcy restructuring, distressed investing, and corporate governance. His work has been published in leading academic journals including the Journal of Finance and Journal of Financial Economics, and featured in the Wall Street Journal and other media. He has published a number of Harvard Business School finance cases. He worked in commodities derivative trading and financial engineering prior to entering academics.
Dr. Wang has taught corporate restructuring and distressed investing at the Wharton School's undergraduate, MBA, and EMBA programs as a visiting professor. He is in active collaboration with the Aresty Institute for Executive Education at the Wharton School to deliver lectures and workshops on bankruptcy restructuring, leveraged loans, and distressed M&A to banking executives. Dr. Wang has also taught corporate restructuring and fixed income securities with an Asian market perspective at Hong Kong University of Science and Technology Business School. He is retained as a foreign expert at the Mingde Center for Corporate Acquisition and Restructuring Research at Shanghai University of Finance and Economics in China.