Jim specializes in developing financial and operating strategies for underperforming and troubled companies. He has significant expertise in interim crisis management, cost reduction plan development and implementation, cash management, capital structure refinancing, and business plan development for acquisition and restructuring purposes. Jim has served in senior management positions in turnarounds in roles such as Chief Restructuring Officer, Chief Operating Officer and Chief Financial Officer. He has also served as a senior advisor to companies evaluating restructuring alternatives.

Jim was recognized by Turnarounds & Workouts making their list of “People to Watch – 2005, Business Professionals Making Their Mark”, and has been a guest lecturer on restructuring topics at Northwestern University’s J.L. Kellogg School of Management.

Jim has extensive experience leading the restructuring of companies in a variety of industries. His roles have included:

• Currently serving as Restructuring Advisor to General Growth Properties, one of the leading REIT’s in the Retail Shopping Mall business with over 200 properties and $27 billion in debt.
• Chief Restructuring Officer of Tekni-Plex Inc, where he led the out-of-court restructuring and day to day operations of this leading manufacturer of garden hoses, food and medical packaging.
• COO of a leading manufacturer of plastic packaging where he led an out-of-court restructuring and ran the day to day operations resulting in a nearly 50% improvement in EBITDA on a year over year basis.
• Restructuring Advisor to SGI where he led a team which developed and implemented broad sweeping cost reduction initiatives which generated over $130 million in cost savings, secured incremental financing, and negotiated a pre-arranged bankruptcy restructuring. These initiatives allowed SGI to emerge from bankruptcy in approximately five months with a right sized cost structure, significantly reduced leverage, while enabling SGI the flexibility to pursue new growth opportunities.
• Chief Restructuring Officer of Parmalat USA where he led the company’s day-to-day operations and its successful restructuring efforts.
• Jim has also served as Restructuring Advisor to Zenith Electronics and Safety-Kleen in their successful reorganization efforts.

Prior to joining AlixPartners, Jim was a manager in the Financial Advisory Services practice of Ernst & Young. He graduated from Northwestern University’s J.L. Kellogg School of Management with an MBA in finance, strategy and organizational behavior, and holds a Bachelor of Science degree in accounting and management from Purdue University. Jim is a non-practicing Certified Public Accountant.