Contact Information: For more information: Marjorie Dunn Manager Marketing & Communications 312/254-0892 Alan Brumbaugh Managing Director National Accounts Program for Asset Based Lenders 404/915-0252
CHICAGO, IL--(Marketwire - October 31, 2007) - MorrisAnderson & Associates Ltd., Chicago, is pleased to
announce that Alan Brumbaugh has recently
been promoted to Managing Director. He will continue working out of the
company's Atlanta office.
In his role as Managing Director, Brumbaugh will assume the
responsibilities of heading up MorrisAnderson's National Accounts Program
for Asset Based Lenders. His primary focus will be to coordinate national
lender expectations for performance across MorrisAnderson's eight offices
located in Chicago, New York, Atlanta, Milwaukee, Cleveland, Los Angeles,
Nashville and St. Louis. MorrisAnderson's intention is to provide a
seamless and consistent high ROI service to the larger national Asset Based
Lenders that MorrisAnderson regularly works with, including GE, Wachovia,
PNC, CIT and Bank of America.
"Our work with asset-based and commercial lenders, factors and financiers
has grown dramatically in the last few years," says Principal Dan Dooley.
"We are excited to have Alan head up our National Accounts Program for
Asset Based Lenders. As MorrisAnderson continues to expand and add offices
throughout the country, Alan's role as head of the National Accounts
Program will help us to seamlessly provide our wide range of service
options to lenders and their clients."
Since joining MorrisAnderson in 1989, Brumbaugh has participated in
turnarounds, insolvencies, re-capitalizations, and business sales for
clients in a wide range of industries and companies of all sizes. He has
also provided interim executive management in the areas of VP of Marketing,
CFO, as well as having been interim CEO for several companies. Brumbaugh
has over 24 years of consulting experience for clients ranging from venture
start-ups to Fortune 500 Companies. He has been involved in the successful
completion of over 300 engagements in a broad range of consumer, industrial
and service sectors.
About MorrisAnderson
Chicago-based MorrisAnderson has offices in New York, Atlanta, Milwaukee,
Los Angeles, Cleveland, Nashville and St. Louis. The firm's eight service
offerings include performance improvement, financial advisory,
turnarounds and workouts, investment banking, interim management, lender
services, information technology services, and insolvency services and
wind-downs. MorrisAnderson emphasizes hands-on involvement for companies
with $20 million to $250 million in annual sales. Now celebrating its 26th
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.
