The firm has grown to more than 2,900 people based in 20 countries and 49 locations, serving companies and governments around the world. It has become an industry standard for delivering leadership, problem solving and value creation.
With three decades of hands-on operational and financial experience, Mr. Marsal has led numerous A&M engagements in the financial services, healthcare, manufacturing, retail, apparel, communications and oil field services industries. He has also been involved as an adviser or manager in high-profile, large-creditor cases. In this capacity, he has provided advisory leadership to companies, as well as to secured and unsecured lender groups.
Most recently, Mr. Marsal served for three years as Chief Executive Officer of Lehman Brothers, overseeing the largest bankruptcy in history. (A&M continues to provide interim management support and asset management / recovery services to the Estate.)
He also served as Chief Restructuring Officer of HealthSouth, the largest domestic outpatient surgery, diagnostic testing and physical rehabilitation services provider. Previously, he served as the Chief Restructuring Manager of Arthur Andersen LLP, Chairman and CEO of Cluett American Corp., Republic Health Corp., Anthony Manufacturing, Gitano and Cherokee. He was also Chief Operating Officer of Alexander's Department Stores.
Mr. Marsal earned a B.B.A. and M.B.A. from the University of Michigan. He serves on the board of Timex Corp. and in 2011 was inducted as a Fellow of the College of the American College of Bankruptcy.