Global professional services firm Alvarez & Marsal (A&M) has appointed Chicago-based Managing Director Brian Whittman to the role of Co-Head of the Midwest Region for its North American Restructuring & Turnaround practice.
Mr. Whittman takes over in this role for A&M Managing Director Bob Caruso, who will expand his national leadership efforts for the practice.
“Brian has more than two decades of experience in restructuring and performance improvement and has led numerous successful engagements for many clients in the Midwest region and nationwide. His experience makes him a natural leader for the practice and our Midwest team,” said Chuck Moore, Co-Head of the Midwest Region for A&M’s North American Restructuring Practice. “I look forward to working alongside him as we continue to build and enhance A&M’s services and capabilities in this region.”
For more than two decades, Mr. Whittman has advised companies requiring performance improvement or financial restructuring across industries including automotive, communications, distribution, manufacturing, media, mining and retail. He has served in both interim management and advisory roles.
“Brian has established himself as a leader in the practice, driving complex engagements for clients across an array of industries,” added Jeff Stegenga, Managing Director and Leader of A&M’s North American Restructuring practice. “His vast experience working both alongside and within companies during their restructuring gives him a unique perspective to help direct our regional team and provide strategic advice to our clients.”
Throughout his career, Mr. Whittman has been instrumental in successfully advising multiple large national and multinational companies through their restructurings. Notably, in 2012 he completed the successful reorganization of Tribune Company, one of the nation’s largest media companies. Later, Mr. Whittman served as interim CFO for PSAV during a period of significant growth in revenue and profitability. In 2016, Mr. Whittman served as Chief Restructuring Officer for the successful reorganization of UCI International, which was recognized by the Chicago/Midwest chapter of the Turnaround Management Association as the turnaround of the year.
From November 2018 to February 2019, Mr. Whittman served as interim CFO for Horizon Global Corporation (NYSE: HZN), a manufacturer of branded towing and trailering equipment.
Mr. Whittman earned bachelor's degrees in finance and accountancy from the University of Illinois and is a Certified Public Accountant and a Certified Insolvency and Restructuring Advisor.