TMA Webinar: Suppliers Need Shock Absorbers as Auto Industry Reorganizes

CHICAGO, Oct. 1, 2009 -- Now that several auto companies have gone through restructuring, the shock waves are being felt throughout the manufacturing and distribution channels that supply this industry. TMA's next Webinar examines the impact of recent changes on the internal supply chain and within the supplier base.

"Pressure on the Supply Chain - Beginning of the End or End of the Beginning?" will be held from 12:00 noon to 1:00 p.m. (EDT) on Tuesday, October 20, 2009.

This webinar will offer insights and perspectives from the following senior members of the industry and within the professional service ranks:

  Moderator:

  --  Benjamin Mann, director, Huron Consulting Group, is a senior finance
      and operations professional with nearly 20 years of experience
      providing innovative solutions for pre-bankruptcy restructuring,
      financial turnarounds and complex business issues to manufacturing and
      wholesale/distribution companies.

  Panelists:

  --  John C. DiDonato, CTP, managing director and national practice leader,
      Huron Consulting Group, has more than 20 years of experience providing
      guidance to financially challenged businesses maneuvering through
      out-of-court and court-supervised restructurings, and whose industry
      expertise includes automotive original equipment and aftermarket
      suppliers, among other industries.

  --  Heather Lennox, partner, Jones Day, has represented significant debtor
      and creditor groups in many of the nation's largest in-court and
      out-of-court corporate restructurings and has represented a number of
      businesses in the structuring and consummation of spin-offs, secured
      financings, distressed sales and acquisitions and other out-of-court
      restructuring transactions.

  --  Justin E. Mirro, managing director, Moelis & Co., has more than 13
      years of automotive investment banking experience, most recently at
      Jefferies & Company where he built a leading franchise advising
      automotive assemblers, suppliers, the aftermarket and dealerships on
      mergers and acquisitions, debt and equity financings, restructurings
      and leveraged buyouts. He began his automotive career as a test driver
      for Car and Driver magazine and was an engineer for General Motors in
      Detroit and for Toyota in Japan.

  --  William Strong, manager of supplier analysis, Corporate Finance and
      Global Purchasing, Ford Motor Company, started his career with Ford
      just after he completed his MBA in finance. Subsequently, he chose to
      be part of the spin-off with Visteon where he rose to the position of
      financial strategy manager for North America and Asia Pacific. After
      returning to Ford to work in financial systems development, he moved
      into his present position where, for the past two years, he and his
      group have handled all North American supplier bankruptcies.

The Chicago-based Turnaround Management Association has more than 9,000 members in 45 regional chapters who comprise a professional community of turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants.