Mr. Toney is a founding partner of ToneyKorf Partners, LLC. Mr. Toney has been serving as Chief Executive Officer and Chief Restructuring Officer of Brookdale Hospital and Medical Center since April 2012.
With over 35 years of experience, Mr. Toney is a senior executive who is focused on operational reorganizations, financial restructurings and corporate turnarounds. He is results-driven, with a unique sense of vision and emphasis on strategy, while maintaining a disciplined focus on execution and continuous improvement. Mark is recognized for the successful execution of complex projects, including those relating to strategic planning, operations improvement, and financial planning, as well as organization assessments and realignments. He is an adept negotiator, with a proven ability to achieve effective solutions through positive working relationships with attorneys, lenders, and other key parties.
Mr. Toney is recognized nationally as an accomplished leader in serving as senior management for organizations, both publicly traded and privately-held, that are underperforming, in distress, reorganization, or preparing for or currently in bankruptcy. He has served as senior management, including that of the Chief Executive Officer (“CEO”), Chief Restructuring Officer, and Chief Financial Officer. He has extensive experience with recruiting and leading executive management teams in difficult and challenging situations, including that of financial distress, loss or turnover of management, and other situations encountered by companies in transition.
Mr. Toney’s professional experience includes senior leadership roles at AlixPartners, where he was a Managing Director for eight years, and at PricewaterhouseCoopers, where he was a Partner in and leader of the Corporate Advisory and Business Turnaround Services group for six years. He was responsible for the formation of one of the preeminent healthcare restructuring practices in the bankruptcy and restructuring community. As a founder of the Apollo Management Group (Boston), Mark specialized in turnaround management and workout situations. His engagements ranged from short-term reporting systems analyses to long-term engagements as President and Chief Financial Officer to organizational restructurings. In addition to his experience in professional services, Mark also served as Vice President of Exeter Holdings, Inc. and possesses experience in investment banking and private capital markets, and has structured acquisitions, negotiated purchase and sale agreements, arranged acquisition financing and conducted target acquisition analysis and due diligence.
Most of Mr. Toney’s engagements have involved large and middle market companies in healthcare, retail, food processing, and manufacturing.
ToneyKorf is a leading business advisory firm of experience-based professionals who specialize in creating value and restoring performance at every stage of the business life-cycle.
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