Innovative solutions can unlock value that help governments successfully navigate fiscal pressures and enhance the delivery of critical government services.

Adam B. Chepenik

Principal, Government and Public Sector, Restructuring and Turnaround, Ernst & Young LLP

Trusted advisor and proven leader. Drives financial and operational transformations at state and local governments. Enjoys political history, cycling, traveling and spending time with family.

Areas of focus

Adam helps lead the EY Public Sector Restructuring practice, which advises state and local governments on financial and operational transformations, including multi-year fiscal planning, cash flow and budget forecasts, creditor negotiations, labor contracts, and legacy retiree obligations.

Adam previously was a deputy director in the Federal Government where he advised senior officials on developing public policy for distressed municipalities, infrastructure finance, and public pensions. He played a key role in developing the federal government's response to Puerto Rico's financial crisis and provided extensive technical assistance to the Congress in the drafting of the Puerto Rico Oversight, Management and Economic Stability Act.

Adam holds an MBA from Harvard Business School and an MPA from Harvard University's John F. Kennedy School of Government. He also holds three Bachelor degrees from the University of Maryland, where he graduated Summa Cum Laude, Phi Beta Kappa. Adam is a Chartered Financial Analyst, was recently recognized as a Bond Buyer Rising Star, and frequently speaks about strategies to resolve financial distress.

How Adam is building a better working world

"I am proud of the EY commitment to advising governments and other public sector entities on ways to fund essential services, achieve sustainable debt levels, raise revenues and control costs.

It has been an incredible privilege to work alongside these critical entities as they reform operations and develop multi-year growth and economic development opportunities.

Our work helps governments prioritize investment in their people and adequately fund education, infrastructure, energy, transportation, and healthcare needs."

Adam's latest thinking

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