TMA Honors AlixPartners for Kodak Restructuring
AlixPartners was honored by the TMA, receiving the international non-profit’s Turnaround of the Year-Mega Company award for its work on behalf of Eastman Kodak.
AlixPartners was honored by the TMA, receiving the international non-profit’s Turnaround of the Year-Mega Company award for its work on behalf of Eastman Kodak.
Barbara Gucfa, a director at AlixPartners, was named to the 2014 Powered By Women list compiled by Detroit business magazine DBusiness. Gucfa is being featured in the July/August issue of DBusiness.
AlixPartners and Career Education Corporation, a provider of postsecondary education programs and services, have been honored by the Global M&A Network for “Corporate Turnaround of the Year Middle Markets” and “Team of the Year.”
AlixPartners said former KPMG senior transfer-pricing experts Steven D. Felgran and Steven D. Harris joined as directors in the firm’s expanding global Transfer Pricing Practice.
The Wall Street Journal reported that in the first round of its trade-secret suit against McKinsey & Company, turnaround management firm AlixPartners prevailed as the court issued a temporary restraining order against two former managing directors.
In an interview with ABF Journal, TMA Hall of Fame winner AlixPartners’ Albert A. “Al” Koch talks about how the corporate renewal scene has changed since he joined the firm nearly two decades ago and recalls his most memorable restructuring of all — General Motors.
Reuters reported AlixPartners sued two former managing directors on claims they breached employment contracts and stole trade secrets after they jumped to consulting firm McKinsey.
AlixPartners announced that Kevin G. Wills has joined the firm as managing director and chief financial officer. Most recently, wills was EVP/CFO of Saks, owner of Saks Fifth Avenue.
A survey shows 60% of smartphone or tablet owners who switched primary banks reported mobile banking capabilities as “important” or “extremely important” in their decision, according to the AlixPartners Mobile Financial Services Tracking Study.
USEC announced it is implementing an agreement reached with a majority of the holders of its senior unsecured convertible notes setting forth the terms of a restructuring plan. USEC’s financial advisor is Lazard.