FacultyFaculty/Author Profile
David M. Schulte

David M. Schulte

Chilmark Partners, LLC

Chicago, IL, USA


David Schulte founded Chilmark Partners and has been its managing general partner and the head of the firm’s advisory and investment activities since 1984.

During his 40-year career, he has completed dozens of innovative and successful assignments on behalf of companies, creditors and investors, navigating all aspects of the restructuring process.  David has also completed numerous principal transactions, was the managing general partner of Chilmark Fund II and shared with Sam Zell the management of the Zell/Chilmark Fund when it was formed in 1990.

He was Chairman of the Board of Jacor Communications, Inc. and served as a member of the following boards: Broadway Stores, Inc., Fuel Systems Holdings LLC, Midway Airlines Corp., NutraMax Products, Inc., Phillips & Temro Holdings LLC, Revco D.S., Inc., Santa Fe Energy Resources, Inc., Scott Sports Group/Schwinn Bicycle Company, Sealy Corporation, the Wellbridge Company.

Prior to forming Chilmark, David was Senior Vice President of Salomon Brothers Inc, where he created and ran Salmon Brothers’ corporate reorganization group. Before joining Salomon Brothers, David was an Executive Vice President at Northwest Industries, Coca Cola Bottling Company of Los Angeles and Microdot, Inc.  David graduated summa cum laude from Williams College and received his J.D. from Yale Law School, where he was editor-in-chief of the Yale Law Journal.  After graduating law school, he served as clerk for U.S. Supreme Court Justice Potter Stewart.

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