Ted Stenger
Managing Director
New York
+1.212.297.6318
tstenger@alixpartners.com
Ted's expertise is developing solutions in complex corporate turnarounds and restructurings for under performing
companies. He has served as advisor to senior management and boards of directors, guiding them through
restructuring negotiations and developing comprehensive turnaround strategies, including organizational change,
capacity rationalization and divestitures. He provides interim management to companies requiring experience in
defining and implementing turnaround programs.
Ted has worked with numerous retail and consumer products acting as a financial and operations advisor as well as
serving as a senior executive.
•  Operations Advisor to the Board of Directors of Jones Apparel Group
•  Executive Vice President, Motors Liquidation Company (formerly General Motors)
•  Chief Restructuring Officer at Dana Corporation, a leading automotive parts supplier
•  Chief Restructuring Officer at Fleming Companies, Inc., a leading supplier of consumer package goods
•  Treasurer at Kmart Corporation, a $37 billion discount retailer
•  Financial advisor to Fruit of the Loom, a $2 billion international basic apparel company
•  Interim COO of American Rice Inc., one of the world's leading processors and marketers of branded rice products
•  Interim CEO for Maidenform Worldwide, the largest privately held intimate apparel company in the United States
•  Operations advisor to the Leslie Fay Companies a ladies apparel and retailer
•  Operations advisor to HMX, Salant, Kenneth Cole and other consumer products companies
Ted graduated from the University of Notre Dame with a Bachelor's degree in business administration.
He is a Certified Insolvency and Restructuring Accountant and a CPA. Ted has presented professional papers and
published articles about restructuring and the financial and accounting aspects of successful reorganizations. He is a
co-author of the Financial Handbook for Bankruptcy Professionals, second edition, West Publishing Co. (1996).