Mesirow Financial Consulting Names Randall G. Kominsky, Managing Director
Firm Further Enhances Restructuring Practice
NEW YORK, May 15, 2008 — Mesirow Financial today announced that Randall G. Kominsky has joined Mesirow Financial Consulting, LLC ("MFC") as a managing director. With over 25 years experience, Kominsky will enhance the firm's Corporate Recovery practice, which has recently played key roles advising stakeholders in numerous high-profile engagements, including Delphi Corporation, Delta Air Lines, USA Commercial Mortgage Company, Plastech Engineered Products, Inc. and Quebecor World (USA) Inc.
Kominsky has extensive experience serving as financial advisor to troubled companies, chief restructuring officer or interim manager in numerous turnaround situations. He has successfully improved the operational and financial performance of under-performing companies while representing lenders, shareholders, private equity firms and unsecured or distressed debt holders seeking to maximize their returns.
"Randy brings deep experience helping under-performing and distressed companies, particularly those related to airline and transportation – two industries that continue to be transformed by unprecedented economic pressures and consolidation. His skill set will play an integral role in securing our firm's position as a leader in Corporate Recovery services," said Ralph S. Tuliano, president of Mesirow Financial Consulting.
Prior to joining MFC, Kominsky provided turnaround operational management and financial restructuring services for Alliance For Financial Growth, Inc. He also previously served as national partner-in-charge of the Bankruptcy and Restructuring Consulting Practice for Coopers & Lybrand. Kominsky was also co-chairman of the Unsecured Creditors' Committee in the successful Chapter 11 proceeding for Continental Airlines and served as the assistant general counsel for Ryder System, Inc. where he was responsible for numerous workouts of Ryder's troubled customers and became an expert in the equipment leasing and transportation industries.
Kominsky received his B.B.A.(magna cum laude) and J.D. from Temple University (an editor of the Law Review). He has also been published in numerous trade publications, including The Journal of Mergers and Acquisitions, The American Corporate Counsel Journal, The Practical Lawyer and the University of Minnesota Law School Journal of Business Law.
A full-service financial advisory services provider, Mesirow Financial Consulting provides corporate recovery, litigation and investigative services, interim management, valuation services, operations and performance improvement and other consulting services (Interim management services are offered through Mesirow Financial Interim Management, LLC).
Mesirow Financial is a diversified financial services firm headquartered in Chicago. Founded in 1937, it is an independent, employee-owned firm with $32.2 billion in assets under management and more than 1,100 employees in 30 locations across the country and in London. With expertise in Investment Management, Investment Services, Insurance Services, Investment Banking, Consulting and Real Estate, Mesirow Financial strives to meet the financial needs of institutions, public sector entities, corporations and individuals and was named one of Chicago's Best Places to Work by Crain's Chicago Business in 2008. For the fiscal year ended March 31, 2008, the firm posted $490 million in revenue (unaudited), with more than $245 million in capital. For more information about Mesirow Financial, visit its Web site at www.mesirowfinancial.com.
For more information, contact: Julie Liedtke, Mesirow Financial, 312.595.7902.
*Interim management services are offered only through Mesirow Financial Interim Management, LLC
The Mesirow Financial name and logo are registered service marks of Mesirow Financial Holdings, Inc., © 2007, Mesirow Financial Holdings, Inc. All rights reserved. The information contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. Any opinions expressed are subject to change without notice. It should not be assumed that any recommendations incorporated herein will be profitable or will equal past performance. Nothing contained herein constitutes an offer to sell or a solicitation of an offer to buy an interest in any Mesirow Financial investment vehicle(s).
Securities offered through Mesirow Financial, Inc. member NYSE, SIPC. Insurance services provided through Mesirow Insurance Services, Inc.
