Richard Newman
Managing Director
Quick facts
Co-leads the firm’s Unsecured Creditors’ Committee advisory practice
12+ years of restructuring experience
Advises unsecured creditors, senior lenders and healthy and distressed companies in leveraged recapitalizations, mergers and acquisitions
Specializes in representing official committees of unsecured creditors in bankruptcy proceedings
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Richard Newman is a Managing Director with Alvarez & Marsal’s North American Commercial Restructuring practice in Chicago. He also co-leads the firm’s Unsecured Creditors’ Committee advisory practice.

Mr. Newman provides financial advisory services to creditors and specializes in representing official committees of unsecured creditors in bankruptcy proceedings. With more than 12 years of restructuring experience, he has advised unsecured creditors, senior lenders and healthy and distressed companies in leveraged recapitalizations, mergers and acquisitions and interim management situations.

On behalf of Debtors and Unsecured Creditors’ Committees, Mr. Newman has successfully negotiated DIP financings, plan of reorganizations and restructuring agreements. 

Select clients that Mr. Newman has served include Avaya, Inc., Boomerang Tube, LLC, Communications Corporation of America, Inc., Chesapeake Corporation, Endeavour Operating Corp., Freedom Communications, Inc., Getty Petroleum Marking Inc., Global Aviation Holdings Inc., Keywell LLC, Kimball Hill, Inc., Eastman Kodak Corporation, NewPage Corporation, Reader’s Digest Association Inc., SunEdison Inc., Takata, Tronox Inc. and Visteon Corp. 

Prior to joining A&M, Mr. Newman spent six years with Citigroup in Washington, D.C., where he served as an Associate. He was part of a team responsible for marketing and investing $200 million in client assets.

Mr. Newman earned a bachelor’s degree in economics from George Washington University and a master’s degree in business administration from The University of Texas. He passed all three levels of the CIRA exam and received the Kroll Zolfo Cooper / Randy Waits Award for excellence on the CIRA exam.