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KPMG Appoints J. Gregg Pritchard to Lead Restructuring Services in the NortheastNEW YORK, July 8, 2009 /PRNewswire via COMTEX/ -- KPMG LLP, the U.S. audit, tax and advisory firm, has announced that J. Gregg Pritchard has joined the firm to lead Restructuring Services in the Northeast. He will serve as a key member of the national team of restructuring partners and professionals working with companies, lenders and other stakeholders to help them provide stability, restore confidence, improve performance and begin recovery in stressed and distressed situations. "Gregg's 25 years of operational restructuring experience as a financial adviser provides company management, senior lenders and other stakeholders with a practical and seasoned approach to helping companies realize value," said Drew Koecher, KPMG's U.S. Leader for Restructuring Services. "His addition is further evidence of KPMG's continued and significant investment in the U.S. restructuring market, and enhances the firm's position of serving large multinationals, middle market companies and stakeholders." Before joining KPMG, Pritchard had supported restructurings as an interim Chief Executive Officer and Chief Restructuring Officer for several companies focusing on their turn-around efforts, and has been appointed Trustee in numerous Bankruptcy Cases. He has negotiated cross-border sales of subsidiaries, has public board experience, and has overseen extensive mergers-and-acquisitions work during in-court and out-of-court restructurings. Pritchard has worked in numerous industries, including health care, energy, real estate and financial services, among others. "Our marketplace approach includes using a team of KPMG professionals with strong and deep industry knowledge to help companies review and strengthen their positions as they seek to emerge competitively stronger from this turbulent market," said Pritchard. Based in New York, Pritchard will lead Restructuring Services for KPMG in New York, New Jersey, Connecticut, Massachusetts, Rhode Island, New Hampshire, Vermont and Maine. The U.S. Restructuring team works closely with other teams of restructuring professionals from KPMG International's global network of member firms. These coordinated teams deliver client services on initiatives that include Financial and Operational Restructuring, Chapter 11 Advisory, Transaction, Forensic, Tax, Valuation, Debt Restructuring, Real Estate, Business Performance, and Accounting Advisory services. Pritchard is a 1974 graduate of Abilene Christian University, and a member of the American Bankruptcy Institute and the Turnaround Management Association. About KPMG's Global Restructuring Services KPMG's Global Restructuring Services comprises teams of dedicated restructuring partners and professionals from the network of member firms of KPMG International. These teams work globally with companies, lenders and other stakeholders to help provide stability, restore confidence and improve performance and recovery in stressed and distressed situations. KPMG's network of restructuring partners and professionals provides considerable experience in performance improvement, turnarounds, insolvency, mergers and acquisitions, transaction structuring, tax, valuation, real estate, forensic investigations and technical accounting services. KPMG's restructuring teams assist clients in developing and evaluating business turnaround scenarios, improving cash and liquidity, assessing capital structuring alternatives and enhancing recovery options out of court and in bankruptcy. About KPMG KPMG LLP, the audit, tax and advisory firm (www.us.kpmg.com), is the U.S. member firm of KPMG International. KPMG International's member firms have 137,000 professionals, including more than 7,600 partners, in 144 countries. Contact: Pete Settles/Bob Wade KPMG LLP 201-505-6065/201-307-7482 [email protected]/[email protected] SOURCE KPMG LLP http://www.us.kpmg.com |