Lazard Ltd announced that Tim Loftsgard has joined the firm as a Managing Director in Financial Advisory. Based in Toronto, he will advise companies in the natural resources and diversified sectors. Prior to joining Lazard Loftsgard spent 18 years with RBC Capital Markets, most recently as a Managing Director in the Global Mining and Metals Group.
Epiq announced the appointment of bankruptcy veterans Eric Kerwood and Wesley Appell as managing director and director, respectively, within its corporate restructuring services practice in New York. Kerwood will focus on strategic growth initiatives and managing key relationships with leading industry firms in both the legal and financial sector. He is a 20-year veteran in the restructuring industry and spent 15 years as a financial advisor in distressed workouts and turnarounds, assisting with out-of-court solutions and formal bankruptcy proceedings and several years with a claims agent before joining Epiq. Kerwood currently serves on the Board of the Association of Insolvency and Restructuring Advisors (AIRA). He is also a member of the Turnaround Management Association (TMA) and is a Certified Turnaround Professional (CTP) and Certified Insolvency and Restructuring Advisor (CIRA). Kerwood received a Bachelor of Science degree from Boston College. Appell is a 12-year veteran in the restructuring industry who recently served as a financial advisor to distressed companies and their creditors. Appell is a member of the Turnaround Management Association (TMA) and the American Bankruptcy Institute (ABI). Appell received a Bachelor of Science degree in finance from San Diego State University.
Jimmy Pappas has joined Grant Thornton LLP as a Forensic Advisory Services Partner within the firm's Advisory Services practice. Based in Boston, Pappas strengthens Grant Thornton's service offerings in forensic accounting, internal investigations, litigation support and corporate governance. Pappas has worked for more than 20 years in the forensic and audit disciplines of accounting. He has extensive experience advising legal counsel, boards of directors and company management on accounting, internal control and financial matters, in the context of internal investigations, civil and criminal litigation and corporate governance initiatives. He conducts internal investigations on issues relating to the integrity of financial statements, corruption and misappropriation of assets; consults and testifies on business and regulatory disputes and advises clients on the establishment of compliance programs. Prior to joining Grant Thornton, Pappas was a Managing Director at PricewaterhouseCoopers LLP. Pappas is a certified public accountant, licensed in Massachusetts. In addition, he holds the designations of Certified Fraud Examiner, Certified in Financial Forensics and Accredited in Business Valuation. Pappas is a member of the American Institute of Certified Public Accountants, the Association of Certified Fraud Examiners and the American Bar Association. Pappas received a master's degree in accountancy from Bentley University and a bachelor's degree in political science from Amherst College.
Alvarez & Marsal (A&M) announced that Helene Willberg has joined as a Managing Director based in Stockholm. The addition of Willberg builds on the firm's Nordic expansion strategy and addresses market demand for independent professional services offerings amidst changing pan-European regulatory requirements. Willberg and Christer Wiberg, an A&M Stockholm-based Managing Director, will serve as co-leaders of A&M's Nordic practice. Recognized as a leading transaction advisory professional, Willberg advises clients on complex initial public offering (IPO) and merger and acquisition (M&A) situations, counsels multinational corporations on corporate governance and value creation issues and works with private equity firms on transaction due diligence. Willberg has worked extensively creating transformation for companies across multiple sectors including consumer goods, manufacturing, logistics, real estate as well as the process industry. Additionally, she has served as partner in charge of audit for publicly-traded companies. Prior to joining A&M, Willberg held numerous senior roles at KPMG including C.E.O. of Sweden and Head of KPMG Financial Advisory Services. Willberg earned a master's degree in business administration from the Stockholm School of Economics. Separately, A&M also announced that it has bolstered its Financial Industry Advisory Services practice with the appointment of Michael Henry O’Keefe as a Senior Director in New York. In this role, O'Keefe will focus on A&M's Wealth Management offerings, advising clients on strategic plans, regulatory gap remediation, price realization and enhancements to risk management and governance and service delivery models. O'Keefe brings over 25 years of financial services industry experience. He has held multiple senior roles in the Americas and Europe, where he has worked on numerous multinational projects involving the U.S., Latin America and Europe. He specializes in advising clients on, and delivering short cycle assignments in, strategy development, digital strategy and assessment, change management, strategic marketing and sales force effectiveness. Prior to joining A&M, O'Keefe was with Tindeco Financial Services AG, a Swiss based financial technology focused on the asset management and wealth management sectors where he was responsible for building professional sales and client acquisition marketing. O'Keefe earned a bachelor of arts degree from Marist College in history with an economics minor. Additionally, he received a certificate in Global Sales Force Management from the Wharton School of Business.
Hilco Valuation Services, LLC announced the appointment of Nat Baldwin as Director of Intellectual Property Services Europe. Baldwin will assume business development responsibility for the United Kingdom and European Intellectual Property (IP) appraisal and disposal practice at Hilco Valuation Services, assisting clients in identifying, preserving and extracting value from these key assets within corporate transactions. Baldwin brings more than ten years of transaction experience to the Hilco team. Prior to joining Hilco, Baldwin had worked on appraising and disposing of IP assets in a number of high profile cases; and his expertise is in monetizing a wide spectrum of IP asset types. Baldwin gained his law degree from Edinburgh University before completing a legal diploma and qualifying as a lawyer at an international law firm.
Saul Ewing LLP and Arnstein & Lehr LLP announced that their two partnerships have merged, and the combined firm is now known as Saul Ewing Arnstein & Lehr. The combination creates a firm with 400-plus attorneys and 15 offices. Saul Ewing joins the merger with 11 offices from Boston to Washington, D.C., and west to Pittsburgh. Since its founding in 1893, Arnstein & Lehr has served in five main practice areas: business, litigation, local government, tax and estate planning and real estate.
Cleary Gottlieb announced the release of the fourth edition of The Emerging Markets Restructuring Journal, a publication that was founded by Cleary Gottlieb lawyers and features contributions from colleagues and advisors around the world, focusing on emerging markets restructuring law and practice. The fourth issue covers a global trend in bringing local insolvency and restructuring legislation in line with 21st century requirements, including recent legal reforms in Mozambique, Angola, the UAE and Poland. The trend reflects attempts to make restructuring processes more predictable, business-oriented and culturally amenable. This issue also continues coverage of the NPL issues in Asia, with an article dedicated to China, and a new debt-for-equity conversion framework introduced by regulators. The fourth edition also presents an interesting article analyzing the approach Mexican insolvency law takes on derivatives, as well as a contribution exploring the regime for public-private initiatives in Puerto Rico under PROMESA.
Greenhill & Co., Inc. announced that Hiroshi Yoshioka has joined the firm as a Senior Advisor focused on expanding client relationships with major companies in Japan. Yoshioka, who is based in Tokyo, had a distinguished career as an Executive Deputy President at SONY, where he served 33 years. During that time he was a senior executive of Sony Ericsson Mobile Communications and later headed SONY's audio, TV, semiconductor, B2B and medical businesses. Since retiring from SONY he has served as an advisor to TDK, Nikon, HCL, Continental Japan and as an outside director to Coca-Cola Bottlers Japan Inc. He is a graduate of Kyoto University, where he studied electrical engineering.
Carl Marks Advisors announced the promotion of Brian Williams to Partner. With a primary focus in the energy industry, Williams has 20 years of strategic advisory, operating and investment banking experience, including executive management, mergers and acquisitions, private capital raises, restructuring and principal investing. Prior to joining Carl Marks Advisors, Williams served as C.F.O., Co-Founder and Director of Cretic Energy Services, a provider of completion services to oil and gas producers, where he led the company from business plan development and fund raising through its growth and execution phases. Before that, Williams led the oilfield services investment banking practices at Macquarie Capital and Tristone Capital. Williams earned a B.S. in Industrial Engineering from Rensselaer Polytechnic Institute and an M.B.A. from Harvard Business School.
Ankura Consulting announced the appointment of Jim Barratt as a Managing Director. Based in the firm's Washington, DC headquarters, Barratt will join the Investigations & Accounting Advisory practice. He brings more than 30 years of experience managing projects involving corporate fraud, compliance, anti-corruption and accounting enforcement proceedings brought by the SEC and the Department of Justice (DOJ). During his career, Barratt has led numerous forensic accounting investigations and has advised legal counsel in communicating investigation findings to audit committees, SEC and DOJ staff and congressional committees. In addition to his SEC experience, prior to joining Ankura Consulting, Barratt had over 25 years of forensic accounting and compliance experience at international consulting firm, as an auditor and consultant. Barratt is a CPA, Certified in Financial Forensics, and a Certified Compliance and Ethics Professional. He is also a member of the Association of SEC Alumni, the American Institute of Certified Public Accountants and the Society of Corporate Compliance and Ethics. He is a past Chairman and Trustee of the SEC Historical Society. Separately, Ankura Consulting also announced the appointment of Michael Schultz as a Managing Director. Based in the firm's New York office, Schultz brings more than 13 years of diverse government and private sector experience. Before joining Ankura Consulting, Schultz served as a member of the New Jersey Attorney General's executive staff, where he managed the state's high-priority litigations and enforcement actions. Additionally, Schultz has experience in the private sector, including as a Partner at a law firm, where he represented financial institutions and other businesses in complex litigation and government enforcement actions and provided compliance and regulatory-related guidance. Schultz received a B.S. from Vanderbilt University and a J.D. from the Seton Hall University School of Law, where he graduated cum laude. While there, he was a member of the Seton Hall Law Review.
Alvarez & Marsal (A&M) announced the expansion of its Corporate Performance Improvement group and bolstered its operational and supply chain expertise with the addition of seasoned professionals. Brian Rayburn and Mark Uffhausen join as Managing Directors in the Houston office, and Jose Contreras joins as a Managing Director in the Dallas office. These appointments reflect A&M's commitment to helping clients drive change to create value. Rayburn brings 22 years of combined consulting and operational experience defining and executing corporate transformation programs with mid-market and large multinational E&P and oilfield service companies. He specializes in corporate-wide CAPEX, OPEX and SG&A cost takeout, asset improvement, corporate and field headcount optimization, location consolidations and supply chain operations. Rayburn earned his Bachelor of Science in Industrial Distribution from Texas A&M University. Contreras has 28 years of experience identifying and capturing operational improvement opportunities, as well as margin and performance improvement through operational redesign and technical enablement. Contreras earned a bachelor's degree in finance and marketing from The University of Iowa and a master of business administration degree from the University of Tulsa. Uffhausen, a recognized expert in sourcing and supply chain in the energy and utilities space, has 20 years of global performance improvement experience and in-depth cost savings, performance effectiveness and building transformation expertise. Prior to joining A&M, Uffhausen was a partner at Strategy& (formerly Booz & Company) where he led the U.S. Upstream Energy Operations practice.
Proskauer announced the arrival of Corporate Partner Brian S. Rosen in the firm's Business Solutions, Governance, Restructuring & Bankruptcy Group (BSGRB) in the New York office. Rosen's practice focuses on Chapter 11 and out-of-court debt restructurings, acquisitions of distressed companies and assets and matters relating to sovereign indebtedness. He has been recognized by Legal 500 US for his work in Corporate Restructuring and by Best Lawyers in America for his work in Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization. He also has been named as a top rated Bankruptcy attorney in New York since 2007 by Super Lawyers. Rosen received his J.D. in 1983 from Suffolk University Law School and B.A. in 1980 from Brandeis University.
Expert Valuations LLC announced Ken Bloore as its C.E.O. In this role, Bloore will oversee all aspects of the firm, including sales, marketing and operations from its Los Angeles, CA headquarters. Bloore's background includes two decades of industry experience, and he has performed or supervised approximately 5,000 appraisals. Most recently, Bloore was C.O.O. and Partner at Great American Group where he led the appraisal group from startup to industry leader over the course of his 16-year tenure. Bloore received his BA, Economics from University of California, Los Angeles in 1995.
Inc. magazine ranked Gibraltar Capital Holdings on its 36th annual Inc. 5000. Subsidiaries of Gibraltar Capital Holdings, Gibraltar Business Capital and Gibraltar Capital Advance are leading commercial finance companies focused on providing flexible capital to small- and medium-sized businesses across the U.S.
Lazard Ltd announced that Jerry Wiant has joined the firm as a Managing Director in Financial Advisory, enhancing coverage of depository institutions. Based in New York, he will work closely with Gary Howe, head of Lazard's Financial Institutions Group, North America. Wiant was previously Co-Head of the RBC Capital Markets U.S. Financial Institutions Group and was a Managing Director and Co-Head of the RBC Capital Markets U.S. Financial Institution Group since 2009. Previously, he served 12 years collectively in Financial Institutions Groups at Citigroup and Lehman Brothers. He began his professional career in 1989 as a CPA with Deloitte & Touche.