Global Auto Restructuring/Corporate
Performance-Improvement Experts Available for Media Interviews during
Detroit Auto Show
SOUTH FIELD, Mich., Jan. 9, 2007 -- WHAT: With the North American automotive industry going through
unprecedented restructurings and the rest of the global industry
facing breathtaking changes as well, AlixPartners LLP, the Detroit-
based firm that veritably invented corporate turnaround and
restructuring 25 years ago (including engagements at WorldCom,
Enron, Refco, Schefenacker, Kunert, Bruno Magli, Jarvis and MFI as
well as several auto companies), has three industry experts, with
significant experience in the North American, European and Asian
auto industries, available to speak with media during the North
American International Auto Show in Detroit.
WHO: John Hoffecker: AlixPartners' leading automotive expert, co-lead of
the firm's entire Performance Improvement unit, and author of
AlixPartners' annual automotive study-which notes, in addition to
several insights about OEMs, that 38 percent of auto suppliers in
North America face possible bankruptcy within two years.
Stefano Aversa: Head of AlixPartners' European and Asian operations
(including the firm's office in Tokyo and one coming soon in China),
formerly global practice leader for automotive and aerospace at A.T.
Kearney, and one-time executive at Magneti Marelli, the automotive
component division of Fiat Group.
Al Koch: AlixPartners' vice chairman, "America's dean of
turnaround" for his work on many engagements over the years, also
currently serving as CEO of Polar Corporation, the leading full-
service provider of tank trailers, light-duty trailer parts and tank
trailer repair and maintenance services in North America.
WHEN: Aversa:
-- Tuesday, Jan. 9, 2:00-7:00 pm EST: live at the auto show
-- Wednesday, Jan. 10, 1-5 p.m. EST by phone
-- Thursday, Jan. 11, 1-5 p.m. EST by phone
-- Friday, Jan. 12, 1-5 p.m. EST by phone
Hoffecker:
-- Tuesday, Jan. 9, 8 a.m. to 1 p.m. EST by phone
-- Wednesday, Jan. 10, 8-9 a.m. EST by phone
-- Thursday, Jan. 11, 4-7 p.m. EST by phone
Koch:
-- Tuesday, Jan. 9, 2 p.m. to 3 p.m. EST by phone
-- Thursday, Jan. 11, 10 a.m. to 11 a.m. EST by phone