AlixPartners, a business advisory firm, announced that James A. Mesterharm was promoted to co-lead the firm’s Turnaround & Restructuring Services unit in the Americas. Mesterharm, who is also a managing director at AlixPartners, is experienced in developing financial and operating strategies for underperforming and troubled companies, both as an advisor and a C-level interim manager. He is currently serving as chief restructuring officer of Eastman Kodak.
Fred Crawford, CEO of AlixPartners said, “Jim is not only one of the finest turnaround and restructuring professionals in the world, he’s also someone who personifies AlixPartners’ core values, starting with the importance of results-oriented client service. As our firm continues to grow and evolve, I know that Jim, along with our fellow Americas TRS leader, Lisa Donahue, will take a unit that is already the gold standard of the industry to even higher levels.”
Throughout his 17-year career at AlixPartners, Mesterharm has had extensive experience in a variety of industries. His roles have included:
Zenith Electronics Corp., where he served as an advisor helping Korean giant LG Electronics take Zenith private through a pre-packaged restructuring;