Jonathan Tibus
Managing Director
Quick facts
20 years of experience managing in-court and out-of-court restructuring efforts
Worked in financial and operational roles with public and private clients
Certified Insolvency and Restructuring Advisor (CIRA) and member of the Association of Insolvency and Restructuring Advisors (AIRA)
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Jonathan Tibus is a Managing Director with Alvarez & Marsal who specializes in developing, evaluating, and implementing performance improvement and restructuring plans for underperforming companies, largely in the restaurant, retail and hospitality sectors. He has over 20 years of experience in interim management and financial advisory roles and has managed numerous in-court and out-of-court restructuring efforts.

Recently, Mr. Tibus served as CEO of Ignite Restaurant Group, Inc., which owned and managed 137 restaurants under the Joe's Crab Shack and Brickhouse Tavern + Tap brands. Prior to this, he served in a similar role with Last Call Operating Co., which owned and managed over 80 restaurants under the brand names of Champps, Bailey's, and Fox & Hound. In these roles he had overall strategic, financial and operational responsibility for stabilization and positioning processes, ultimately leading to successful sale transactions in Chapter 11. He has served as Chief Restructuring Officer (CRO) to Quiznos, a sandwich restaurant franchisor with over 2,000 domestic and international stores, and as Chief Operating Officer (COO) to Max & Erma's, a $150 million chain of casual dining restaurants.

In addition to advising companies, Mr. Tibus also has extensive experience advising lenders, creditors, and franchisees. He served as restructuring advisor to the lenders of Garden Fresh (d/b/a/ Souplantation and Sweet Tomatoes) and e-brands restaurants (Timpano, Aquaknox and others), advisor to franchisees of Wendy's and various YUM! Brands (KFC, Taco Bell, Pizza Hut, A&W, LJS) and advisor to the Unsecured Creditor's Committee of a chain of furniture retail stores. In these roles, he has provided operational analysis and restructuring advisory, including detailed store-level operating analyses, overhead analyses, and bankruptcy-related analyses to help frame negotiations and expectations.

Prior to joining A&M, Mr. Tibus was a manager in the restructuring practice at Arthur Andersen. He holds a bachelor's degree from Florida State University and an MBA from The University of Florida. He is a Certified Insolvency and Restructuring Advisor (CIRA) with a Certification in Distressed Business Valuation (CDBV) and is a member of the American Bankruptcy Institute (ABI), the Association of Insolvency and Restructuring Advisors (AIRA) and the Turnaround Management Association (TMA).