Grant Thornton names James A. Peko National Managing Principal of Corporate Advisory & Restructuring Services Practice

  Grant Thornton names James A. Peko National Managing Principal of Corporate
  Advisory & Restructuring Services Practice

Business Wire

NEW YORK -- November 29, 2012

Grant Thornton LLP announced the appointment of James A. Peko as the new
national managing principal of the Corporate Advisory & Restructuring Services
practice.

James A. Peko (Photo: Business Wire)

James A. Peko (Photo: Business Wire)

“Jim has been an integral part of the transition of our business model to one
that best serves the needs of the complex and global marketplace,” said Steve
Lukens, national managing principal of Grant Thornton’s Advisory Services.
“His combined expertise with restructuring and the structuring of investments
made by financial services and private equity organizations allows him to
assist clients of the firm—both in the United States and internationally—with
highly unique and challenging situations.”

Peko has played an instrumental role in a number of significant
restructurings, including having served as financial advisor for AMBAC
Assurance as insurer of a large company securitization, several transactions
associated with the holdings of a large, international investment management
firm based in New York, The Educational Resources Institute, Inc. in its
reorganization and emergence from Chapter 11, and the Official Committee of
Unsecured Creditors in the Chapter 11 bankruptcy of Hancock Fabrics. He also
assisted an international team serving as financial advisor to the United
Kingdom-based pension plan of Eastman Kodak Co. (Kodak) in its U.S. Chapter 11
reorganization. Peko has advised a diverse spectrum of clients in industries
ranging from airline, automotive, engineering and construction, financial
services, gaming, hospitality, manufacturing, media, real estate, retail,
technology and utility.

Peko has more than 24 years’ experience in capital markets and restructuring
serving companies in transition for the last 12 years. He has been a principal
with Grant Thornton for more than six years and currently serves as a
principal in the Corporate Advisory & Restructuring Services practice. His
previous experience includes serving as a first vice president in the
corporate finance group at The Nikko Securities Co. International Inc., where
he managed more than 100 financings for issuers, including Disney, Hewlett
Packard, the entity formerly known as General Motors Acceptance Corporation,
Ford Motor Credit Corporation, Intel Corporation, Argentina, Columbia, Mexico
and Uruguay.

In addition, Peko is a member of the Association of Insolvency & Restructuring
Advisors, CFA Institute, Turnaround Management Association, and the American
Bankruptcy Institute for which he also serves as an editor of its Financial
Advisor and Investment Banking Committee Newsletter. He holds a bachelor’s
degree in accounting from St. Peter’s College and a master’s in business
administration from Fordham University.

Peko is also a chartered financial analyst, certified insolvency and
restructuring advisor, holds a certification in distressed business valuation,
and is a FINRA general securities registered representative – Series 7.

About Grant Thornton LLP’s Corporate Advisory & Restructuring Services

Grant Thornton LLP’s Corporate Advisory & Restructuring Services (CARS) group
includes more than 60 professionals in the U.S. and over 1,000 restructuring
professionals around the world. The group’s professionals possess extensive
experience with both bankruptcy and out-of-court restructuring, spanning many
industries, including automotive, financial services, gaming and hospitality,
healthcare, manufacturing, real estate and retail. Our clients include
debtors, lenders, individual creditors and creditor committees, in addition to
officers and directors and the boards and committees involved with corporate
governance. Representative clients of the group include:

  *Handling the planned acquisition of a major, distressed hospital system by
    an insurance company, including antecedent litigation associated with the
    transaction.
  *Assisting the secured lender in the business plan review and assessment
    for a technology company.
  *Served as financial advisor to a large, privately held manufacturer in
    their expansion into the China market.
  *Assisting The Committee on Foreign Investment in the United States (CFIUS)
    with required acquisition and investigation-related protocol related to
    several significant transactions with China-based acquirers.
  *Assisting owners, investors and lenders with a variety of financial,
    operations and regulator issues associated with several Continuing Care
    Retirement Communities throughout the United States.

About Grant Thornton LLP

Grant Thornton LLP is the U.S. member firm of Grant Thornton International
Ltd. Grant Thornton International Ltd and its member firms are not a worldwide
partnership, as each member firm is a separate and distinct legal entity. In
the U.S., visit Grant Thornton LLP at www.GrantThornton.com.

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Contact:

Grant Thornton LLP
Michele Mazur
T 312.602.8485
E Michele.mazur@us.gt.com