Daily News: February 7, 2014

Carl Marks Appoints D’Angelo as Partner

Carl Marks Advisory Group LLC announced today that it named Joseph D’Angelo as partner.

“We are excited to have Joe serve as a partner of our growing firm and value his deep expertise on complex restructuring matters,” said Duff Meyercord, partner of Carl Marks Advisory Group.

D’Angelo, 47, works with company management as an advisor or interim officer to develop and implement business plans that restore top-line growth and increase enterprise value. He also represents secured creditors in restructuring cases requiring operational insights and strategies. D’Angelo’s recent cases include confidential clients in for-profit education and advising the prepetition secured lenders to Exide Technologies.

Prior to Carl Marks, D’Angelo served as a principal at XRoads Solutions Group, SVP at Platinum Equity, and managing director at Alvarez & Marsal LLC, financial officer at Rhythms NetConnections, a startup DSL CLEC and management positions with Sprint Corp.

D’Angelo is a member of the Turnaround Management Association.