Monday, September 21, 2009

Mesirow Financial Consulting Expands Restructuring Capabilities With Key Restructuring Hire

Mesirow Financial Consulting, LLC (MFC) today announced the appointment of Matthew Shirah as managing director in its corporate recovery group. Based in Atlanta, Shirah will focus primarily on the continued build-out of MFC's national corporate restructuring practice and will report to Ralph S. Tuliano, MFC president and executive managing director.

Shirah has years of experience advising creditors and debtors on various aspects of corporate restructurings and reorganizations, including the development of liquidity and cost management strategies. His industry expertise ranges from airlines and real estate to finance, manufacturing and retail. Most recently, Shirah served as director at Alvarez & Marsal, where he advised clients on cost management, forecasting, business plan assessment and bankruptcy planning and procedures. Prior to that, he was senior vice president at MFC before leaving to pursue his M.B.A.

"Matt will focus on growing our restructuring practice in the southeast and increasing our broad footprint and ability to service clients in markets across the country," said Tuliano. "We are very pleased with Matt's return to MFC as this illustrates our continued ability to attract top talent in the marketplace."

Shirah holds a Certified Insolvency and Restructuring Advisor (CIRA) designation and is a member of the Association of Insolvency and Restructuring Advisors, the Turnaround Management Association and the American Bankruptcy Institute. He received his B.S.B.A. in Finance from Appalachian State and his M.B.A. from Emory University.

About Mesirow Financial Consulting, LLC

A full-service financial advisory consulting provider, MFC provides corporate recovery, litigation and investigative services, valuation services, interim management (Interim management services provided by Mesirow Financial Interim Management, LLC.), operations and performance improvement, distressed mergers and acquisitions, alternative investment services, due diligence services and technology advisory services.

About Mesirow Financial

Mesirow Financial is a diversified financial services firm headquartered in Chicago. Founded in 1937, it is an independent, employee-owned firm with more than $30 billion in assets under management and 1,200 employees in locations across the country and in London. With expertise in Investment Management, Investment Services, Insurance Services, Investment Banking, Consulting and Real Estate, Mesirow Financial strives to meet the financial needs of institutions, public sector entities, corporations and individuals. For the fiscal year ended March 31, 2009, the firm posted $467 million in revenue, with more than $ 267 million in capital. For more information about Mesirow Financial, visit its Web site at

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