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Published on 11/27/2006 in the Prospect News Distressed Debt Daily.

Alvarez & Marsal names McIntosh head of new Toronto office

By Caroline Salls

Pittsburgh, Nov. 27 - Alvarez & Marsal named Douglas R. McIntosh managing director and head of its new Toronto office as part of the company's expansion of its North American operations in Canada.

McIntosh also joined the firm's executive committee for commercial restructuring in North America.

"The strong business and financial relationship between Canada and the United States makes a presence in Canada a natural step for Alvarez & Marsal," co-chief executive officer Bryan Marsal said in a company news release.

"Doug has enormous credibility in the legal, financial, political and business communities in Canada," Marsal added.

McIntosh said in the release, "In the past several years, the Canadian market has seen a major shift in demand from creditor to company-driven solutions.

"Corporate management and boards of directors are now taking a more proactive approach to dealing with problems and bringing in professionals who have the skill sets necessary to solve problems, implement positive change and maximize value for stakeholders."

With more than two decades of turnaround and restructuring experience, McIntosh has advised clients in both the private and public sectors, leading numerous engagements involving cross-border operations as well as significant out-of-court and court-sanctioned restructurings.

He also has extensive experience serving in interim management roles, having operated and sold numerous businesses as court appointed or privately appointed receiver.

McIntosh holds a bachelor's degree in commerce from Queen's University. He is a chartered accountant, chartered insolvency and restructuring practitioner and a Canadian trustee in bankruptcy.

Before joining Alvarez & Marsal, McIntosh spent 25 years with KPMG, LLP in Canada, where he served as leader of the firm's Canadian restructuring practice for the past seven years.

Alvarez & Marsal is an independent, global professional services firm specializing in turnaround management consulting.


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