AlixPartners announced that two of its professionals are among the recipients of The M&A Advisor’s 6th Annual 40 Under 40 Emerging Leaders Awards. Esben Christensen and Tom Studebaker, both members of the firm’s turnaround and restructuring services practice, will be recognized in the Service Professional Category at the June 29th M &A Advisor Awards Gala.

Esben Christensen is a director in the TRS practice and has more than 15 years of industry experience within the global transportation sector. He currently has a prominent role in the restructuring of the Puerto Rico Electric Power Authority. His previous experience includes serving as the de-facto chief restructuring officer on the TMT USA Shipmanagement bankruptcy case. Esben is a member of AlixPartners’ global maritime practice, which is focused on financial restructuring and operational improvements within the global maritime-related industries.

Tom Studebaker is a managing director in the TRS practice. He has a deep background in developing and implementing financial and operational strategies for companies in a variety of complex restructuring situations. Tom is leading the restructuring efforts at a privately owned IT services and software company. His previous experience includes serving as the interim CFO of a private equity-owned global consulting firm and a privately held energy company. Tom’s expertise includes oversight of corporate finance and treasury departments, liquidity management and forecasting, negotiation and structuring of transactions, strategic financial analysis, and business plan development.

“Tom and Esben have led challenging client engagements and have delivered outstanding results,” said Jim Mesterharm, managing director and North American co-leader of turnaround and restructuring services at AlixPartners. “They are valued by their clients for their leadership, team-first nature, and persistence towards getting the job done.”

“We are very pleased Esben and Tom are being recognized for the outstanding client work and leadership they consistently deliver,” said Lisa Donahue, managing director and global leader of turnaround and restructuring services at AlixPartners. “We are proud of their achievements and congratulate them on this honor.”