Mark Rechan
Mark has more than 20 years of experience in restructuring, workouts and leveraged finance. He has advised companies, boards, investors and lender groups, served in interim management roles and led assignments in many industries. He has extensive experience assisting businesses with all aspects of operational and financial restructurings, including liquidity management, formulating turnaround plans, implementing strategic and cost reduction initiatives, evaluating capital structure alternatives, obtaining financing, executing non-core divestitures and liquidations, and navigating in-court and out-of-court restructuring proceedings.
Mark has wide-ranging experience advising debtors, all tranches of secured and unsecured lenders and bondholders. Representative restructuring advisory assignments include: Portola Packaging, Euro-Pro Holdings, Kelmscott Communications, Fortune 1000 publishing company, Solucient, PresGar Companies, Productivity Point International, APS Holdings, Viking Freight and Allegheny Health, Education and Research Foundation. He has also managed or participated in numerous large corporate and middle market restructurings in a workout and distressed investment capacity.
Most recently Mark was with Gibson & Rechan, LLC, a restructuring advisory and interim management firm he co-founded. Prior to that, he was a managing director and chief workout officer at Stanfield Capital Partners, LLC where he invested in and managed leveraged bank loans, high yield corporate bonds and distressed debt. Previously, Mark worked at Alvarez & Marsal, where he was principally focused on debtor advisory and interim management engagements. He began his career in corporate lending at Manufacturers Hanover Trust Company and later specialized in managing workouts at its successors, Chemical Bank and Chase Manhattan Bank.
- M.B.A. in finance, Columbia Business School
- B.A. in economics, Brown University