Restructuring Leader Joins A&M
Charles Moore, who recently played a pivotal role in the historic restructuring of the City of Detroit, has joined global professional services firm Alvarez & Marsal (A&M) as a managing director in its Detroit office.
A nationally renowned expert in operational restructuring, turnaround consulting and interim management, Moore facilitated the development of the $1.7 billion reinvestment plan, one of the pillars of the plan of adjustment for the City of Detroit, which emerged from bankruptcy in December 2014 following the largest municipal filing in American history. He also served as operational advisor to Detroit Public Schools and provided expert testimony in the Stockton, California bankruptcy.
“In addition to having played a key role in high profile municipal bankruptcies, including Detroit, Chuck has an expansive breadth and depth of experience helping companies in a wide range of industries navigate complex restructuring situations,” said Jeffery Stegenga, managing director and leader of the firm’s North American Commercial Restructuring practice. “His background and proven leadership abilities will be invaluable as A&M continues to set the standard for world-class turnaround and restructuring services. We are very excited to have Chuck join the A&M family as a restructuring leader in Detroit.”
Beyond his municipal expertise, Moore is widely recognized for his work in the automotive and gaming & hospitality industries. He led Greektown Casino and Hotel, the first commercial casino owned by a Native American Tribe, through its landmark bankruptcy reorganization. He holds a gaming license in the State of Michigan and has worked with gaming clients in New Jersey, Pennsylvania, Connecticut, Ohio, Maryland, Michigan and Nevada. Moore regularly consults with automotive suppliers on strategic issues, including mergers and acquisitions and capital raising. He has advised more than 75 automotive suppliers, across all component parts segments, with annual revenues ranging from $25 million to more than $2 billion.
Moore regularly advises clients on restructuring issues, including fiduciary assignments. He also serves as an expert witness in bankruptcy and commercial litigation matters. In addition, Moore has significant experience negotiating with unions. He was appointed to the Legislative Commission on Government Efficiency for the State of Michigan and led its Procurement and Sourcing Work Group.
Moore joins A&M from Conway MacKenzie, where he served as a senior managing director. Earlier in his career, he served as CFO for Horizon Technology Group.