To: Ms. Baby Boomer who wrote (14222 ) 11/8/2005 12:10:47 PM From: Wes Respond to of 14451 Here's an interesting piece on James A. Mesterharm who is leading the restructuring efforts for Alix Partners & SGI: Jim Mesterharm specializes in developing financial and operating strategies for companies emerging Chapter 11 and troubled companies. He has significant expertise in crisis management having served in senior management positions such as Chief Restructuring Officer and Chief Financial Officer, cost reduction plan development and implementation, cash management, capital structure refinancing, valuation, and business plan development for acquisition and restructuring purposes. Jim is currently leading the AlixPartners team serving as Restructuring Advisor to Silicon Graphics, Inc., a billion dollar computer-server manufacturer. Jim’s most recently completed assignment was serving as Chief Restructuring Officer of Parmalat USA where he led the company’s day-to-day operations and its successful restructuring efforts. During Jim’s tenure at the $550 million dairy products manufacturing division of Parmalat SpA of Italy, Parmalat completed a fast track restructuring in under 14 months while successfully implementing over $15 million in operational EBITDA improvement initiatives, shedding non-core assets, which generated over $50 million in proceeds, and negotiating and separating the company from Parmalat SpA, thus avoiding over $2 billion in claims, resulting in establishing it as a wholly-owned company doing business as Farmland Dairies. For his work in the Parmalat USA bankruptcy Jim was recognized by Turnarounds & Workouts, making their list of “People to Watch – 2005, Business Professionals Making Their Mark.” Prior to Parmalat USA, Jim served as restructuring advisor to Safety-Kleen, a $1.6 billion industrial waste management company in its successful restructuring. Prior to the Safety-Kleen restructuring, Jim was a member of the AlixPartners team at Zenith Electronics Corporation, which was honored as the “Most Effective Restructure of a Company with a Chapter 11 Reorganization,” by the Midwest Chapter of the Turnaround Management Association. Jim served as director of restructuring for this $1 billion consumer electronics company. In this position, he successfully led the development and implementation of a pre-packaged Chapter 11 restructuring for Zenith, which took the company private. Previously with AlixPartners, Jim served as CFO of Cotton Ginny, a Canadian women’s apparel retail chain. In this position, he completed a restructuring of the company’s capital structure and assisted with the divestiture of an under-performing division. Prior to joining AlixPartners, Jim was a manager in the Financial Advisory Services practice of Ernst & Young. He graduated with honors from Northwestern’s J.L. Kellogg School of Management with an MBA degree in finance, strategy, and organizational behavior, and holds a Bachelor of Science degree in accounting and management from Purdue University. Jim is a Certified Public Accountant and is a member the Turnaround Management Association. alixpartners.com