Mesirow hires Thomas J. Allison as executive vice president and senior managing director

By Caroline Salls

Pittsburgh, March 14 - Mesirow Financial Consulting hired Thomas J. Allison as executive vice president and senior managing director, according to a company news release.

Allison will join the firm on March 20.

Allison has more than 25 years of experience, most recently as the national practice leader for Huron Consulting's restructuring group.

Previously, he was the partner-in-charge of Arthur Andersen LLP's Chicago-based central region restructuring practice. He was also chief financial officer of two NYSE health care companies and has extensive experience in negotiating loan agreements and placing loans to companies in financial distress.

Allison's industry expertise includes airlines, transportation, retail, consumer products, general manufacturing, importing, distribution, high technology, health care, food and paper and packaging.

A founder and former chairman of the Association for Certified Turnaround Professionals, Allison is also a past chairman of the Turnaround Management Association.

He is a frequent lecturer on turnaround management across the country and has written several articles on quality standards for the industry. He has testified on modifications to bankruptcy law and was an adviser to President Clinton's economic council with the bankruptcy working group.

Allison is also currently the trustee in the bankruptcy of an asbestos product manufacturer.

He earned his master of business administration in finance and accounting and his bachelor of science from DePaul University.

He is a certified turnaround professional and a member of the Turnaround Management Association, the Commercial Finance Association, the American Bankruptcy Institute and Robert Morris Associates.

Chicago-based Mesirow Financial Consulting provides corporate recovery, litigation and investigative services, valuation services, interim management, operations and performance improvement and other consulting services.

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