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February 15th
Wharton Alumni & Student Cocktail
8:00-10:00pm
Location: Boathouse
Row Bar (The Rittenhouse Hotel)
Attire: Business Casual

February 16th (Conference Day)
Location: The Union
League
Attire: Business Formal
Registration & Breakfast
7:30-8:45am

Keynote Speaker Albert A.
Koch
9:00-10:00am

Panel - Operational Turnarounds
Panel - Legal Considerations
10:15-11:30am

Lunch
11:45-12:45pm

Keynote Speaker Jerome B.
York
1:00-2:00pm

Panel - Financial Restructuring
Panel - International Issues
2:15-3:30pm

Break
3:30-3:45pm

Panel - Distressed Investing
4:00-5:15pm

Cocktails
5:15-7:00pm
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For information on our prior year conference, please follow this link:
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Introducing our keynote speakers: Jerome
(Jerry) York
and Al
Koch

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Jerome (Jerry) York is Chief Executive Officer
of Harwinton Capital Corporation, a private investment
company he founded in 2000. Harwinton Capital's
principal investments are in the technology, biotechnology,
entertainment and real estate sectors.
From 2000 to 2003 he was Chief Executive Officer of
Micro Warehouse, Inc., a multi-national reseller of computer
hardware, software and peripheral products.
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From 1995 to 1999 he was Vice Chairman of Tracinda
Corporation, the private investment company owned
by Mr. Kirk Kerkorian, with major investments in the
automotive, filmed entertainment and gaming industries.
In April, 2005, Mr. York entered into an advisory
arrangement with Tracinda regarding potential investments
in the automotive industry.
Before joining Tracinda in 1995, he was Senior Vice
President and Chief Financial Officer and a member of the
Board of Directors of IBM Corporation, joining IBM in 1993
shortly after Mr. Louis Gerstner became its Chief Executive Officer.
Prior to IBM, he spent fourteen years (1979 to 1993) at Chrysler
Corporation, rising through a series of positions, including
heading up Chrysler's Mexican Operations, Manufacturing
Engineering Operations, Truck Operations, and the Dodge Division,
and becoming Executive Vice President and Chief Financial
Officer and a member of the Board of Directors in 1990.
Previously, he was Group Vice President of Baker
Industries, Inc., with responsibility for the Wells
Fargo-branded Alarm, Armored Car and Guard Services
Divisions, and prior to that was Vice President-Operations
of the Hertz Corporation's Truck Rental and Leasing Division.
From 1963 to 1967 he was an engineer with General Motors Corporation, initially at the GM Engineering Staff, and subsequently at the Pontiac Motor Division. He then spent three years at the Ford Motor Company, holding a number of positions in the Car Product Planning Office--ultimately having responsibility for the long range planning for all Ford, Mercury and Lincoln passenger cars.
Mr. York holds a B.S. degree from the U.S. Military Academy, an M.S. degree from the Massachusetts Institute of Technology, and an M.B.A. degree from the University of Michigan. He is also a Registered Professional Engineer in the state of Michigan.
He is currently a director of Apple Computer, Inc., Tyco International Ltd. and MyPublisher, a privately held, web-based provider of custom photo albums.
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Al Koch is a Vice
Chairman and Managing Director with AlixPartners, an international
corporate turnaround and financial advisory firm.
He is currently the Chairman, President and CEO of Polar
Corporation. Polar is a portfolio company of Questor
private-equity funds that was acquired in December 2004.
Polar is the leading full-service provider of tank
trailers, light-duty trailer parts
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and tank trailer
repair and maintenance services in North America.
Headquartered in St. Cloud, Minnesota the company operates
three distinct, yet complementary operating divisions:
Quality Trailer Products, Polar Tank Trailer and Polar
Service Centers, with total revenue of about $350 million.
Prior to Polar, Al was the Chairman, interim
President and CEO at Champion Enterprises Inc.,
the world's largest builder of manufactured
homes from June 30, 2003 until July 31, 2004.
After joining Champion, Al led a major financial
and operational restructuring which saw the
Company's market capitalization nearly triple
while operating results improved from a
year-to-date loss of $18 million in 2003 to a
profit of $9 million for the first six months
of 2004. And, the Company's net debt (long-term
debt minus cash) improved from $198 million in
2003 to $100 million at the end of the second quarter.
Before Champion, he served as interim CFO
of the Kmart Corporation, the largest retailer
in history to file for bankruptcy. In this
position, he provided leadership and credibility
to the financial functions, led the development
of a multi-year operating business plan and
drove financial performance in conformity with
the plan. Kmart emerged from Chapter 11 in
May 2003. Retailer Merchandiser recognized Al
and the Kmart executive team as the "Retail
Executive of the Year" for their work on the
Kmart restructuring.
Al's other assignments included serving as
interim CFO of Oxford Health Plans during a
financial and accounting systems failure crisis,
leading the effort to stabilize the company's
financial functions, create credible reporting,
and help position Oxford to obtain $710 million
of new financing that provided the financial
strength to assure success of the ensuing
operational turnaround.
Al previously served as the Chief Operating
Officer of AlixPartners. Under his leadership,
the firm quadrupled revenues, tripled its staff
of corporate turnaround and litigation consulting
professionals, and opened two new offices. He
also expanded client services, adding a comprehensive
bankruptcy administration practice, an IT turnaround
practice, and professionals whose skills focus
specifically on helping companies with early
intervention to avoid crisis.
Al lends an experienced hand to AlixPartners'
turnaround consulting and financial advisory
services. His expertise lies in his ability to
evaluate the marketplace, identify trends and
provide the leadership, strategic vision and
operational expertise that have successfully
led clients through unusually complex financial
restructuring and capital structure engagements.
Al was formerly a partner with Ernst & Young
for 14 years, including 7 years as Managing
Partner of the firm's Detroit office. He is a
CPA and won the Sells Gold Medal for attaining
the highest scores in the United States in that
exam. Al holds a bachelor's degree in accounting
from Elizabethtown College, Elizabethtown,
Pennsylvania. He is a Certified Turnaround
Professional and a member of the American College
of Bankruptcy, the American Bankruptcy Institute,
and the American Institute of CPAs.
He is a member of the Tecumseh Products Company
(NASDAQ) Board of Directors and is its lead director.
Al was a Trustee of the Bloomfield Hills Board of
Education for eight years and also served as a
Trustee and Chairman of the Finance Committee
of the Detroit Medical Center as well as in a
variety of Board positions at Harper Hospital,
Grace Hospital and Detroit Receiving Hospital;
the Detroit Medical Center is a major healthcare
system in Southeast Michigan.
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