Thomas P. Mullaney

Thomas P. Mullaney

Managing Director, Restructuring Services

Current responsibilities

Since successfully completing his first company turnaround in 1987, Tom has helped over 200 companies identify balance sheet solutions to cut costs and improve profitability. Tom brings a cross-functional perspective to business restructuring, with notable strengths in marketing, corporate strategy, real estate, and financial analysis. His broad restructuring experience and his penetrating insights make him a frequent commentator in the press on the economic challenges facing corporate America today, and a valued counselor to many CEO’s and CFO’s who want to significantly alter the paths of their companies.


Tom started his career with positions at McKinsey & Company and Procter & Gamble. He first gained experience in retail real estate as CEO of Ivy Medical Group, where in 1984 he co-founded the first chain of urgent care centers in the United States. At Ivy, Tom oversaw the acquisition of property and the construction of emergency medical care centers in Cleveland, Los Angeles, and Sacramento. Tom further developed his real estate and finance expertise as CEO of Chartwell Holdings, where he played a leading role in the acquisition and entitlement of more than 30 residential and commercial land development projects in Northern California. In 1994, he teamed with Steve Huntley and Dave Spargo to create HMS, where he and his partners became nationally recognized real estate and financial restructuring experts. HMS was acquired by JLL in 2016.

Education and Affiliations

  • Harvard University, MBA; Princeton University, BA
  • Professional/Institutional Activities (Past & Present):  Board Member and Audit Committee Chairman, El Dorado Bank; Board Member and Vice Chairman, Music  Academy of the West; Board Member, Urban League of Sacramento; Board Vice Chairman, Laguna Blanca School.