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AlixPartners Professionals Honored by The M&A Advisor's 40 Under 40 Emerging Leaders Awards

NEW YORK, June 1, 2015 (GLOBE NEWSWIRE) -- AlixPartners, the global advisory firm, today announced that two of its professionals are among the recipients of The M &A Advisor's 6th Annual 40 Under 40 Emerging Leaders Awards. Esben Christensen and Tom Studebaker, both members of the firm's Turnaround and Restructuring Services (TRS) practice, will be recognized in the Service Professional Category at the June 29th M &A Advisor Awards Gala.

The M &A Advisor created this awards program to promote mentorship and professional development among the emerging leaders in the M &A and financing and turnaround professionals industry. The winners and finalists were selected by an independent panel of distinguished business leaders.

"We are very pleased Esben and Tom are being recognized for the outstanding client work and leadership they consistently deliver," said Lisa Donahue, Managing Director and Global Leader of Turnaround and Restructuring Services at AlixPartners. "We are proud of their achievements and congratulate them on this honor."

Esben Christensen is a Director in the TRS practice and has more than fifteen years of industry experience within the global transportation sector. He currently has a prominent role in the restructuring of the Puerto Rico Electric Power Authority. His previous experience includes serving as the de-facto Chief Restructuring Officer on the TMT USA Shipmanagement LLC bankruptcy case. Esben is a leading member of AlixPartners' Global Maritime practice, which is focused on financial restructuring and operational improvements within the global maritime-related industries.

Tom Studebaker is a Managing Director in the TRS practice. He has a deep background in developing and implementing financial and operational strategies for companies in a variety of complex restructuring situations. Tom is currently leading the restructuring efforts at a privately-owned IT services and software company. His previous experience includes serving as the interim Chief Financial Officer of a private equity-owned global consulting firm and a privately held energy company. Tom's expertise includes oversight of corporate finance and treasury departments, liquidity management and forecasting, negotiation and structuring of transactions, strategic financial analysis, and business plan development.

"Tom and Esben have led challenging client engagements and have delivered outstanding results," said Jim Mesterharm, Managing Director and North American Co-Leader of Turnaround and Restructuring Services at AlixPartners. "They are valued by their clients for their leadership, team-first nature, and persistence towards getting the job done"

The M &A Advisor's 6th Annual 40 Under 40 Emerging Leaders Awards Gala will take place on June 29th at the Roosevelt Hotel in Manhattan.

About AlixPartners

AlixPartners is a leading global business advisory firm of results-oriented professionals who specialize in creating value and restoring performance at every stage of the business life cycle. We thrive on our ability to make a difference in high-impact situations and to deliver sustainable, bottom-line results. The firm's expertise covers a wide range of businesses and industries whether they are healthy, challenged or distressed. Since 1981, we have taken a unique, small-team, action-oriented approach to helping corporate boards and management, law firms, investment banks, and investors to respond to crucial business issues. For more information, visit www.alixpartners.com.

CONTACT: Ann-Margret Crater, AlixPartners +1 212 845 4053 acrater@alixpartners.com Megan Bengoechea +1 347 821 0167 megan.bengoechea@newgatecomms.com

Source: AlixPartners