SOURCE: MorrisAnderson

October 31, 2007 11:56 ET

MorrisAnderson Announces Expansion of Its National Accounts Program

CHICAGO, IL--(Marketwire - October 31, 2007) - MorrisAnderson & Associates Ltd., Chicago, is pleased to announce that Alan Brumbaugh has recently been promoted to Managing Director. He will continue working out of the company's Atlanta office.

In his role as Managing Director, Brumbaugh will assume the responsibilities of heading up MorrisAnderson's National Accounts Program for Asset Based Lenders. His primary focus will be to coordinate national lender expectations for performance across MorrisAnderson's eight offices located in Chicago, New York, Atlanta, Milwaukee, Cleveland, Los Angeles, Nashville and St. Louis. MorrisAnderson's intention is to provide a seamless and consistent high ROI service to the larger national Asset Based Lenders that MorrisAnderson regularly works with, including GE, Wachovia, PNC, CIT and Bank of America.

"Our work with asset-based and commercial lenders, factors and financiers has grown dramatically in the last few years," says Principal Dan Dooley. "We are excited to have Alan head up our National Accounts Program for Asset Based Lenders. As MorrisAnderson continues to expand and add offices throughout the country, Alan's role as head of the National Accounts Program will help us to seamlessly provide our wide range of service options to lenders and their clients."

Since joining MorrisAnderson in 1989, Brumbaugh has participated in turnarounds, insolvencies, re-capitalizations, and business sales for clients in a wide range of industries and companies of all sizes. He has also provided interim executive management in the areas of VP of Marketing, CFO, as well as having been interim CEO for several companies. Brumbaugh has over 24 years of consulting experience for clients ranging from venture start-ups to Fortune 500 Companies. He has been involved in the successful completion of over 300 engagements in a broad range of consumer, industrial and service sectors.

About MorrisAnderson

Chicago-based MorrisAnderson has offices in New York, Atlanta, Milwaukee, Los Angeles, Cleveland, Nashville and St. Louis. The firm's eight service offerings include performance improvement, financial advisory, turnarounds and workouts, investment banking, interim management, lender services, information technology services, and insolvency services and wind-downs. MorrisAnderson emphasizes hands-on involvement for companies with $20 million to $250 million in annual sales. Now celebrating its 26th anniversary, the firm recently merged with Centre Health Partners, a management consulting firm specializing in financial and operational performance improvement services for the health-care industry.

Contact Information

  • For more information:

    Marjorie Dunn
    Manager
    Marketing & Communications
    312/254-0892

    Alan Brumbaugh
    Managing Director
    National Accounts Program for Asset Based Lenders
    404/915-0252