Daily News: April 1, 2013

AlixPartners’ Dischner Named to ‘People to Watch’ List

AlixPartners said it officially congratulated John A. Dischner, a managing director in the firm’s Turnaround & Restructuring services unit, was named to Turnaround & Workout’s “People to Watch-2013; Business Professionals Making Their Mark” list.

Dischner, who joined AlixPartners in 1998, is an expert in liquidity management, cost reduction, business-plan development and asset sales. In his time with the firm, he has held both advisory and officer roles in a wide variety of large and middle-market companies, including in the manufacturing, consumer-products, environmental-services, telecommunications, real-estate, homebuilding and financial-services industries.

Lisa Donahue, AlixPartners managing director and co-lead of the Turnaround & Restructuring services unit, said, “AlixPartners warmly congratulates John on this honor. He is one of our best and brightest, and he embodies our firm’s unparalleled dedication to client service and true results.”

Recently, Dischner was chief financial officer for a leading technology-product manufacturer, where he played a major role in an out-of-court restructuring that reduced overhead by 30%, cut inventory levels by 35% and eliminated unprofitable products.