Daily News: March 1, 2017

Carl Marks Adds Sheehan as Managing Director

Carl Marks Advisors appointed Don Sheehan managing director to lead business development activities in the Northeast and Mid-Atlantic.

Sheehan brings more than 40 years of experience as a senior banking executive and concentrates primarily on commercial workout involving a wide range of industries.

Prior to joining Carl Marks, Sheehan was a market manager within the Fleet and Bank of America commercial workout groups. He and his team worked with middle market commercial lending groups in New England, New York, New Jersey, Pennsylvania, Maryland and Washington, D.C.

Earlier in his banking career, Sheehan held positions in the Managed Asset Groups of Fleet Bank, Bank of America, Shawmut and Bank of New England.

Duff Meyercord, managing partner at Carl Marks Advisors, said, “I am delighted to have Don join our team. His expertise and experience will be an asset to our firm as we hone in on opportunities to support growing and challenged mid-market businesses in the U.S. Northeast and Mid-Atlantic region.“

Carl Marks Advisory Group provides an array of investment banking and operational services, including mergers and acquisitions advice, sourcing of capital, financial restructuring plans, strategic business assessments, improvement plans and interim management.