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Patrick J. O’Malley

Sr. Managing Director



B.B.A., Loyola University of Chicago


Illinois CPA Society
American Institute of Certified Public Accountants (AICPA)
American Bankruptcy Institute


Certified Public Accountant

Pat O’Malley has been with Development Specialists, Inc., for over twenty years and is currently a Senior Managing Director.

Professional Profile

During his affiliation with DSI, he has been involved with a number of significant engagements both within and outside of formal reorganizations.

Mr. O’Malley has considerable experience in restructuring businesses, whether in the role of Chapter 11 Trustee, Chief Restructuring Officer, Financial Advisor or Interim Management.   He has also served as Examiner, Expert Witness and Assignee for the Benefit of Creditors.

Mr. O’Malley began his career in the Chicago office of Price Waterhouse where he was a manager in the audit division and a member of the firm’s mergers and acquisitions group. He is a Certified Public Accountant licensed in the state of Illinois and is a member of the Illinois CPA Society and the American Institute of Certified Public Accountants (AICPA).

Select Engagements

BREED, Chicago H&S Hotel Property, Dana, Computer World Solution, Foss Manufacturing, G.I. Joe’s, Huffy, KLLM Transport, Kobacker, Lakeside Nursing Home, London Fog, Mercury Finance, Precision Tool & Die, Valeo Electrical Systems, Wallace’s Bookstores