Press Release

AlixPartners congratulates Carrianne Basler on being named Chair of the International Women's Insolvency and Restructuring Confederation (IWIRC)

October 30, 2018

Prestigious professional organization dedicated to the advancement of women in restructuring boasts more than 1,400 members globally

NEW YORK (October 30, 2018) – AlixPartners, the global consulting firm, today offered its congratulations to Carrianne Basler, a Managing Director in the firm’s Turnaround and Restructuring practice, upon her being named to the prestigious post of International Chair of the 2018-2019 Executive Board of Directors of the International Women's Insolvency and Restructuring Confederation, or IWIRC. 

Founded in 1993, IWIRC is a worldwide professional organization that describes itself as being committed to “the connection, promotion, and growth” of women in restructuring professions worldwide, and which boasts more than 1,400 attorneys, bankers, corporate-turnaround professionals, financial advisors, and other restructuring practitioners as members. Basler, a 23-year veteran of AlixPartners who works from the firm’s Chicago office, begins immediately as the international Chair, the highest post in the organization, and her tenure will run through October 2019.  She succeeds Jennifer McLain McLemore, a partner at Richmond, Virginia-based law firm Christian & Barton LLP in the position.

“I’m honored to be named to this very important post at this very important organization at this very important time,” said Basler.  “In an era when some are questioning whether the commitment to gender equality is backsliding both in business and the world at large, IWIRC stands as a bulwark not only to equality in our profession but also to the education, career enhancement, and promotional opportunities of women.  During my tenure in this post, I intend to work with other IWIRC members, especially younger ones, to reinforce those worthy principles, while at the same time spreading the word that restructuring is an exciting, interesting industry, and therefore a great place for women to build their careers.”

“On behalf of everyone at AlixPartners, I heartily congratulate Carrianne on being named to this prestigious international post,” said Lisa Donahue, Global Leader of the Turnaround & Restructuring practice at AlixPartners and a Managing Director at the firm. “As a long-time member of IWIRC myself, and as one of more than 20 IWIRC members at AlixPartners, I know full well the great work this organization does and of its importance in our industry.”

In her career at AlixPartners, Basler has specialized in advising and assisting senior managements experiencing challenging situations. Her extensive experience includes contingency planning, contract negotiations, litigation management, treasury issues, business planning, case administration, and risk management. She has also led in areas such as business-plan feasibility, financial strategies, lender negotiations, plan-of-reorganization development, divestiture strategies, and post-confirmation administration. She holds a bachelor’s degree in accounting from the University of Wisconsin–Madison.

Prior to her current position at IWIRC, Basler served as Vice Chair of the organization in 2017-2018, Secretary in 2016-2017, Finance Chair in 2014-2016, Membership Chair in 2012-2014, and Communications Chair in 2010-2012.

Past IWIRC International Chairs include AlixPartners’ Debra Kuptz, a now-retired Managing Director, who served in 2008-2010.  The firm also boasts two IWIRC “Woman of the Year in Restructuring” award-winners: Lisa Donahue in 2007 and Holly Etlin, also a Managing Director in the firm’s Turnaround and Restructuring practice, in 2014.

About AlixPartners

AlixPartners is a results-driven global consulting firm that specializes in helping businesses successfully address their most complex and critical challenges. Our clients include companies, corporate boards, law firms, investment banks, private equity firms, and others. Founded in 1981, AlixPartners is headquartered in New York, and has offices in more than 20 cities around the world. For more information, visit www.alixpartners.com.

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