His primary areas of focus include formulating and evaluating strategic business plans, developing cash and liquidity forecasting and monitoring programs, assessing operational performance and improvement opportunities, and developing and negotiating refinancing and recapitalization plans, as well as plans of reorganization.
With over 25 years of distressed company advisory experience, Mr. Campagna has advised clients in debt restructurings, loan workouts, bankruptcies, corporate turnarounds, complex litigation and fraud investigations. He has provided advice to clients in a wide range of industries including retail, mining, consumer products, education publishing, manufacturing, automotive, marketing and media, telecommunication, gaming, and healthcare. Mr. Campagna has served in both financial advisory and interim management roles where he led strategy implementation efforts.
Mr. Campagna recently served as the Chief Restructuring Officer of Payless ShoeSource, the largest specialty family footwear retailer in the Western Hemisphere. As CRO, guided the Company through its financial and operational restructuring, including store rationalization, lease renegotiation, expense reduction, and omni channel expansion efforts. The Company filed for Chapter 11 in April 2017 with a restructuring support agreement supported by its secured lenders and successfully emerged in August 2017.
Mr. Campagna’s engagement experience also includes Alpha Natural Resource, Inc., GT Advanced Technologies Inc., Cengage Learning, Inc., V2V Holding LLC (aka Vertrue), Education Holdings 1, Inc. (formerly The Princeton Review), Orchard Brands Corporation and Cooper-Standard Automotive, where he served as the lead restructuring advisor and provided finance department support throughout the restructuring process. He also worked with Interstate Bakeries Corporation, where he served in a variety of interim management roles including SVP and Restructuring Officer as well as Head of FP&A for the company, reporting directly to the CEO and the Board of Directors. For the firm’s efforts related to Interstate, A&M was awarded “Transaction of the Year - Large Company” by the Turnaround Management Association and “Turnaround of the Year” by the M&A Advisor.
Prior to joining A&M in 2003, Mr. Campagna was a Senior Director in the corporate turnaround and restructuring practice of a Big Five accounting firm in New York.
Mr. Campagna earned a bachelor’s degree in business administration from Bucknell University. He is a Certified Insolvency and Restructuring Advisor (CIRA), a Certified Public Accountant (CPA) and a member of the Association of Insolvency and Restructuring Advisors and the Turnaround Management Association.
NOTE: Alvarez & Marsal employs CPAs but is not a licensed CPA firm.