CHICAGO, IL--(Marketwire - March 20, 2008) - MorrisAnderson is pleased to announce that Steven F. Agran has joined MorrisAnderson's New York office as a Consulting Manager. "Agran has spent nearly a decade providing turnaround and interim management services in a broad range of industries. His experience includes bankruptcy, liquidation and asset sales, and budgeting and cash flow for distressed or failing companies," says Dan Dooley, principal and COO of MorrisAnderson. Adds Dooley, "We are very happy to have Steve join us. We are committed to further expanding our New York office and adding Steve to our team will help us to further develop our business in New York and the surrounding areas."

Before joining MorrisAnderson, Agran was a senior workout consultant with Addition Management and Glass & Associates, serving as interim CFO for a $250 million beef slaughter and processing company and a $60 million automotive supplier, as well as providing management consulting and merger integration services for a $300 million health-care organization. He also provided critical cash management and treasurer services for a $450 million automotive supplier.

A former Pricewaterhouse consulting/tax/audit employee, Agran holds a bachelor's degree in business administration from the University of Michigan and an MBA from Fuqua School of Business, Duke University.

More about MorrisAnderson:

Chicago-based MorrisAnderson has offices in New York, Atlanta, Milwaukee, Los Angeles, Cleveland, Nashville and St. Louis. The firm's service offerings include performance improvement, financial advisory, investment banking, interim management, lender services, turnarounds, workouts, litigation support, valuation, information technology services, and insolvency services and wind-downs. MorrisAnderson emphasizes hands-on involvement for companies with $20 million to $200 million in annual sales. Now celebrating its 27th anniversary, the firm recently merged with Centre Health Partners, a management consulting firm specializing in financial and operational performance improvement services for the health-care industry. MorrisAnderson's new health-care division is based in Nashville, Tenn.

Contact Information: For More Information: Marjorie Dunn Manager, Marketing & Communications 312/254-0892