Press Releases
AlixPartners Adds Restructuring, Forensic Accounting and Litigation Support Expert

SOUTHFIELD, MICHIGAN (January 14, 2008) – AlixPartners, the global restructuring, consulting, and financial advisory firm, announced the appointment of a new managing director, Jeffrey Johnston, who joins the firm’s Financial Advisory Services practice in Southfield, Michigan.

With more than 20 years of experience, Johnston is a recognized expert in the areas of corporate renewal, forensic accounting, and litigation support. As a turnaround manager, he provides financial advisory services to debtors, senior lenders, and creditor committees in Chapter 11 and out-of-court restructurings. He has extensive experience evaluating the viability of troubled companies and developing and implementing responsive profit enhancement, debt restructuring, and asset disposition solutions. As a crisis manager, Johnston assists clients by providing hands-on interim financial management.

Johnston regularly functions as an expert witness, both in Chapter 11 and non-bankruptcy commercial litigation matters, and has provided expert testimony in various federal and state courts relative to economic damages. In addition, Johnston specializes in forensic accounting and has served in a number of fiduciary capacities, including chief restructuring officer and receiver.

Prior to joining AlixPartners, Johnston was senior managing director with Conway MacKenzie & Dunleavy in Detroit where he specialized in insolvency and reorganization, litigation support, and forensic accounting. Before that, he was employed by Deloitte & Touche.

“We are so pleased that Jeff has joined AlixPartners,” said Michael Grindfors, the firm’s chief executive officer. “As AlixPartners continues to expand the breadth and depth of the services we offer, we continue to hire professionals of the highest caliber, like Jeff, whose exceptional experience adds strength to our financial advisory services practice.”

Johnston is a Certified Turnaround Professional, Certified Fraud Examiner, and Certified Public Accountant. In addition, he is accredited in Business Valuation by the American Institute of Certified Public Accountants. He is a member of the Turnaround Management Association, Association of Certified Fraud Examiners, American Bankruptcy Institute and the Michigan Association of Certified Public Accountants. In 2005, he was named to the “People to Watch – Business Professionals Making Their Mark” list by Turnarounds & Workouts. He holds a bachelor’s degree in accounting from Michigan State University.

About AlixPartners
AlixPartners is a global restructuring, consulting, and financial advisory firm. The AlixPartners’ “one-stop-shop” suite of services range from operational performance improvement and financial restructuring across all major corporate disciplines (manufacturing, supply chain, IT, and sales and marketing), to financial advisory services (financial reporting, corporate governance and investigations, and litigation consulting), to technology-enabled claims management. Headquartered in Michigan, the firm has 700 employees in Chicago, Dallas, Detroit, Düsseldorf, London, Los Angeles, Milan, Munich, New York, Paris, San Francisco, Shanghai, and Tokyo. It is on the Web at www.alixpartners.com.