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Published on 1/25/2006 in the Prospect News Distressed Debt Daily.

Alvarez & Marsal promotes four to managing director

By Caroline Salls

Pittsburgh, Jan. 25 - Alvarez & Marsal promoted U.S. Turnaround and Restructuring group members Jeff Feinberg, Robert Campagna and Tom Baldasare and corporate finance group member Marc Liebman to managing director, according to a company news release.

Feinberg, who is based in New York, has more than 17 years of experience as a senior executive and proven crisis manager. He has filled a variety of turnaround or in interim management roles, including chief operating officer, chief financial officer, chief restructuring officer and restructuring adviser.

Campagna, who is also based in New York, has more than 14 years of experience working with financially distressed companies. He specializes in providing restructuring and business advice to troubled companies and creditor groups on financial, operational and strategic business issues.

His primary areas of focus include the development and evaluation of strategic business plans, assessment of bankruptcy planning and strategy, assistance in the procurement of debtor-in-possession financing and the development and negotiation of recapitalization strategies and refinancing plans, as well as plans of reorganization.

Baldasare, who is based in Charlotte, N.C., specializes in financial restructuring and refinancing, as well as financial strategies for corporate turnarounds and restructurings. With more than 30 years of business experience and more than 20 years in senior management positions, Baldasare has run large lending operations for top-tier financial institutions, including Wells Fargo, NationsBank, Bankers Trust and Deutsche Bank.

Liebman, based in the Phoenix office, oversees the corporate finance group's efforts in the western United States and specializes in mergers and acquisitions and restructuring matters.

He has been involved in numerous transactional, restructuring and financial advisory assignments involving both public and private companies, such as Amerco, Washington Group Int'l, Top-Flite Golf Co., Regal Cinema, Big Five Sporting Goods, CSK Auto, MetroOne Telecommunications, World Kitchen, OM Group, Western Pacific Airlines, UDC Homes, Craig Electronics and Imperial Corp. of America.

Alvarez & Marsal also recently appointed Dennis Stogsdill and Andrew Hede as co-heads of the firm's creditor advisory services group.

Alvarez & Marsal is a New York-based professional services firm with expertise in guiding underperforming companies and public sector entities through complex financial, operational and organizational challenges.


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