Daily News: January 21, 2015

MorrisAnderson Promotes Welch to Principal

MorrisAnderson promoted Mark J. Welch to principal and shareholder. Formerly serving as managing director, Welch is based in Pittsburgh.

In his 18 years at MorrisAnderson, Welch has led numerous restructuring, turnaround and forensic projects using his expertise in bankruptcy, forensic accounting, cost reduction, asset recovery, restructuring plans and liquidations. In addition to holding interim management positions as chief restructuring officer, chief executive officer and chief financial officer, Welch has also testified in state and federal courts as an expert for fraud and bankruptcy cases.

Welch’s experience has spanned numerous industries, from his current engagement as chief restructuring officer for Freedom Industries in the chemical industry, to a similar role at Gulfstream Crane, as well as numerous cases in automotive, credit card processing, and many other industries.

Frequently sought after for speaking events and written publications, Welch spoke at the 2014 Annual National Policy Conference for Republican Lawyers, the 2013 CLLA Chicago Convention and has been published in the Journal of Corporate Renewal . In 2011, he was listed in The Deal’s Person to Watch.

Welch is a CPA and a certified turnaround professional (CTP), as well as a member of the American Institute of CPAs and the Turnaround Management Association.