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TMA Webinar Changes Date Not Outlook: Ford Motor Exec and Other Power Panelists Drill Down on Auto Supplier Challenges

CHICAGO, Oct. 20 /PRNewswire-USNewswire/ -- TMA's next Webinar, "Pressure on the Supply Chain -- Beginning of the End or End of the Beginning," will now be held from 12:00 noon to 1:00 p.m. (EDT) on Thursday, October 29, 2009.

Now that several auto companies weathered restructuring, manufacturing and distribution channels need shock absorbers of their own to maneuver new financial and marketing road bumps. The following leaders from industry and the professional service ranks examine the impact of recent changes on the internal supply chain and within the supplier base:

Moderator:

    --  Benjamin Mann, director, Huron Consulting Group, is a senior finance and
        operations professional provides 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, guides financially challenged businesses
        maneuvering through out-of-court and court-supervised restructurings.
        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., is experienced in
        automotive investment banking, most recently at Jefferies & Company.
        There 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, joined the company before
        choosing 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, Strong 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 46 regional chapters who comprise a professional community of turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants.

Contact: Reporters planning to attend the Webinar should email credentials to mcanna@turnaround.org by Tuesday, October 27, 5 p.m. CST.

SOURCE Turnaround Management Association

Copyright (2009) PR Newswire. All Rights Reserved.
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