Corner Office Q&A: Kate Logan, Corporate Bankruptcy Specialist
11:08 am, December 10th | by Amy Tennery
We don’t need to tell Kate Logan, President and CEO of Logan & Company, that corporate bankruptcy administration is a bit of a male-dominated world — after all she helms “the only woman-owned business in the field.” And she’s worked on high-profile cases with clients like Winn-Dixie Stores and RHI Entertainment in her 25-year career so… she knows what she’s talking about. While we spend a lot of time writing about powerful women, we also like to hear from those women, in their own words. Here’s what Logan had to say about life in the corporate fast lane.
Put simply, what exactly do you do?
I am the President and CEO of Logan & Company, Inc., a leading bankruptcy administration company. As a matter of fact, my company is the only woman-owned bankruptcy administration company in the U.S.
And how’d you end up there?
Six weeks after joining a NYC company as a paralegal, the company filed for bankruptcy. I led the internal administration process and worked closely with the consultant that the company hired. In 1985, I joined her company and four years later left to start my own.
What did you dream of being when you were a kid?
I thought I’d be a policewoman so I studied criminal justice and philosophy but later thought about becoming a lawyer, based on the information above, you’ll understand why that didn’t happen.
Before noon, you’ve already…
Handled a half-dozen conference calls and replied to a 100 emails
You work best when…
Under pressure – seems my brain focuses best under pressure
What would you tell a young woman who wants your job someday?
#1 Don’t be afraid to work too hard; #2 Never think there’s a task that’s beneath you, even the CEO needs to be able to roll up her sleeves and get dirty if need be #3 Don’t be timid about asking advice from a mentor when starting out #4 “Go for it!”
What do you wear to work?
Business Casual attire- usually nice slacks and a sweater.
Women shouldn’t underestimate the value of________
Their innate organizational skills and determination.
What was the first thing you splurged on after making it big?
Extra binder clips – not kidding.
If you weren’t in this career, what would you be doing?
Tending to my orchids.
What’s the best advice anyone’s ever given you?
This isn’t really advice but when I was in college, I didn’t mesh with one of my professors and she told me I’d never amount to anything – that motivated me to succeed.
Describe your ideal retirement plans.
To stay active both physically and intellectually, while living somewhere near the water, most likely Cape Cod.