ABI Appoints I-Banking Committee Co-Chair
Beers is also active in Turnaround Management Association.
May 6, 2008
Lorie Beers, a managing director in KPMG Corporate Finance's special situations advisory group, has been appointed co-chair of the American Bankruptcy Institute's (ABI) investment banking committee.
She began her two-year term at the organization's annual spring meeting, held from April 3-6 in Washington, DC.
Beers, whose fellow co-chair is J. Scott Victor of National City, will be responsible for recruiting ABI members for leadership positions. She and Victor will supervise five new posts on the committee: education director, newsletter editor, special projects/task force leader, listserv moderator and membership relations director.
Lorie Beers
"I am honored to accept the position as co-chair and assist Scott in overseeing the Investment Banking Committee," said Beers. "I am fortunate to have been involved with the ABI for years, and I look forward to taking my involvement to the next level."
Beers helped develop the ABI Complex Financial Restructuring Program (formerly known as the Investment Banking Program), for which she received the 2007 ABI Annual Achievement Award.
She is a frequent speaker at ABI and Turnaround Management Association (TMA) conferences, where she discusses capital structure positioning, bankruptcy sales and complex financial restructuring. Beers is also a member of TMA's audit committee.
She joined KPMG Corporate Finance in 2007. Beers is based in the Baltimore-based firm's New York office and advises distressed middle-market companies in industries such as food and beverage, general manufacturing and real estate. She came to KPMG Corporate Finance from Gordian Group, where she was director of business development. Before that, Beers was chief operating officer of marketing firm STC Associates and a partner in Kasowitz, Benson, Torres & Friedman's bankruptcy and insolvency practice.
ABI, founded in 1982, has 11,700 members, including bankers, judges, lenders, attorneys, professors, accountants and other bankruptcy specialists. The organization was established to provide Congress and the public with analysis of bankruptcy-related topics.
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