Jim Tumulty

Mr. Tumulty has over 30 years of experience in the financial sector and has worked across a broad range of services including restructuring, capital markets, corporate finance, and M&A. He has spent the past twelve years at the Seaport Group and Raymond James, where he has led a team of professionals focused on investment banking services for the steel, paper and manufacturing industries. Mr. Tumulty served as CEO of Morgan Joseph’s Broker/Dealer and ran the High Yield, Restructuring, and “Difficult Financing” groups. He also started and ran the steel industry banking practice at Morgan Joseph. Mr. Tumulty was a director and major shareholder at Libra and ran the High Yield Trading Desk and Restructuring effort at Libra Securities. Mr. Tumulty played key roles in the Distressed and Restructuring groups at Paine Webber, Scotia Capital, and Nat West Bank. Mr. Tumulty began his career in the International High Yield Bond Department at Drexel Burnham Lambert. From 1998 to 2004, Mr. Tumulty was an active participant as a creditor, committee member, or advisor in 19 steel industry restructurings. Mr. Tumulty is Chairman of the Board of Directors of Miami Valley Steel Services and is a significant shareholder. Mr. Tumulty is a founding shareholder of New Star Metals (now Material Sciences Corporation), a rapidly growing steel processing concern, and has recently joined the board of directors. Mr. Tumulty has been recently selected to the Board of Directors of Hunters Specialties Products, leading outdoor apparel, equipment, and accessory company. Mr. Tumulty received his B.A. from Temple University in 1987 and his J.D. from New York Law School in 1995.