Phil is founder and Executive Chair of Anchorage and has been investing in operational turnarounds for over 40 years. Prior to embarking on his turnaround investment path, Phil was an Executive Director of Macquarie Bank.

Phil was appointed a Member of the Order of Australia in 2007 for services to the community, particularly support services to children and young adults with disabilities, and to business as a company director.

He is currently Chairman of the not-for-profit organisations Ability First Australia and Excelsia College (formerly Wesley Institute).