Stephen B. Darr Begins Term as President of the Association of Insolvency and Restructuring Advisors

Stephen B. Darr, senior managing director, Mesirow Financial Consulting (MFC), has been named president of the Association of Insolvency and Restructuring Advisors (AIRA), a national, not-for-profit organization serving the needs of business turnaround, restructuring and bankruptcy practitioners. He will serve a two-year term, effective June, 2010.

Darr's election as AIRA president is in recognition of the credibility he has established advising various constituents in distressed situations, as well as his thought leadership concerning various restructuring and reorganization issues. Darr stated, "Because of the complexity of today's financial environment and the volume of filings and restructurings, it is more important than ever to promote a broad and candid exchange between the various constituents engaged in these scenarios. I am pleased to play a role in this education process and suspect I will have ample opportunity to draw from my client experience gained at MFC."

His post with the AIRA comes on the heels of senior managing director Melissa Knoll's election as president of the American Bankruptcy Institute (ABI) earlier this year. AIRA and ABI represent two of the most influential organizations dedicated to elevating and deciphering new and often complex issues around bankruptcy and insolvency. These appointments underscore MFC professionals' position as leaders providing some of the most respected and sought-after insight within the restructuring arena.

Stephen Darr may be contacted at:

Stephen B. Darr
Senior Managing Director
617.235.1415

About MFC
A full-service financial advisory consulting provider, Mesirow Financial Consulting provides corporate recovery, litigation and investigative services, valuation services, interim management,* operations and performance improvement, distressed M&A and capital raising services,** alternative investment services, due diligence services and technology advisory services.

 

*Interim Management services provided by Mesirow Financial Interim Management, LLC.

**Distressed M&A and Capital Raising Services provided by Mesirow Financial Consulting Capital (a division of Mesirow Financial, Inc.).

Consulting services are provided by Mesirow Financial Consulting, LLC.