Jay Alix is the founder of AlixPartners which specializes in corporate turnarounds and restructuring. From the beginning, notable clients were won, including DeLorean Motor Co. in 1984 (recovered $100 million in hidden assets for DeLorean’s creditors) and Wang Laboratories Inc. in 1989 (first use of the “turnaround team” model, which leverages the client’s own people and thereby inculcates the turnaround tools).
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Links: www.alixpartners.com
By: jdubble07
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