George Schultze

George J. Schultze

Chairman, President, & CEO

George J. Schultze, J.D., has been our Chairman, President, and CEO since our founding on December 15, 2020. He is also the Managing Member, Chairman of Investment Committee and Chairman of Strategy Committee, and Founder at Schultze Asset Management, LP. He served as Chairman, CEO, and President of Schultze Special Purpose Acquisition Corp. (“Schultze 1”), from June 2018 until its business combination with Clever Leaves in December 2020.

Mr. Schultze is known as a foremost authority within the distressed and special situations industry with nearly 25 years of related experience. He is often interviewed and quoted in the media, including CNBC and Bloomberg, and has published numerous articles in Forbes on special situations investing and high-profile reorganizations as a contributing writer since 2013. He is also a frequent speaker at industry conferences and graduates from business schools.

Mr. Schultze is the author of The Art of Vulture Investing: Adventures in Distressed Securities Management (Wiley Finance, 2012). He has served on the Litigation Trust Subcommittee for Tropicana Entertainment since July 2009, and he served on the Board of Directors of Home Products International from 2017 to 2018. He has previously served as a board director or liquidation trust or creditor committee member for the following:

  • American Plumbing & Mechanical
  • Armstrong World Industries
  • Atkins Nutritional
  • Breed Technologies
  • Chrysler
  • General Chemical Group
  • Horizon Natural Resources
  • Interstate Bakeries
  • Le Nature’s
  • M. Fabrikant & Sons, Power Plumbing
  • The Hedge Fund Association
  • Tropicana Entertainment
  • Tweeter Home Entertainment
  • Twinlab
  • United Airlines
  • US Timberlands
  • Washington Group International
  • Werner Co.

Prior to founding Schultze Asset Management in 1998, Mr. Schultze focused on distressed and special situations investing at MD Sass. Before that, he was employed at Fiduciary Partners (a fund of funds), the Law Firm of Mayer Brown & Platt, and at Merrill Lynch. He earned an M.B.A. from Columbia Business School and a J.D. from Columbia Law School. He also received a B.A. with a joint major in Economics and Political Science and the Henry Rutgers Scholar distinction from Rutgers, The State University of New Jersey.