Edward Altman — SPARQNOW

At-a-Glance

Developed the Altman Z-score for predicting bankruptcy, published in 1968.
Max L. Heine Professor of Finance, Emeritus at New York University's Stern School of Business.
Pioneered models for credit risk management and bankruptcy prediction.
Coined the term 'Chapter 22' and defined 'distressed debt securities' in the 1990s.
Author, co-author, or editor of 25 books.
Holds a Ph.D. in Finance from UCLA (1967).

Biography

Edward I. Altman is the Max L. Heine Professor of Finance, Emeritus, at New York University's Stern School of Business, where he has been a faculty member since 1967. He is widely recognized for his groundbreaking work in financial risk management, particularly for developing the Altman Z-score, a multivariate formula published in 1968 for predicting corporate bankruptcy.