Stephen Ferguson

Managing Director
18+ years of experience in restructuring and turnaround management 
Advises lenders, PE firms, and corporations on distressed and non-distressed situations
Co-Head of A&M’s Canadian Restructuring Practice 
Toronto
@alvarezmarsal
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Stephen Ferguson is a Managing Director with Alvarez & Marsal Restructuring & Turnaround in Toronto. He is the Canadian Practice Co-head with A&M's North American Commercial Restructuring practice. He brings more than twenty years of accounting and financial experience, including over eighteen years in turnaround consulting, business leadership, performance improvement and corporate restructuring. 

Mr. Ferguson has considerable experience in strategic planning, performance improvement, business plan development, refinancing and sale mandates, and formal court appointments. He has assisted clients in various industries, including retail, real estate, transportation, mining, media, manufacturing, energy, professional services, healthcare, construction and infrastructure, telecommunications, automotive, and forestry. 

Mr. Ferguson often advises lenders, private equity firms and corporations on distressed and non-distressed situations. His notable recent experience includes leading major performance improvement engagements for a private equity owned Canadian healthcare company and a privately held Canadian telecommunications company. He advised the management and board of directors of a large publicly traded architectural and engineering firm, providing strategic, operational and financial advice in business plan development, working capital improvement and negotiation with senior lenders. 

In addition, Mr. Ferguson has advised the management and board of directors of a large cross-border retail company on evaluating strategic options, developing financial forecasts, developing and evaluating the business plan, and negotiating the implementation of operational and working capital improvements and the ultimate sale of the business. He has also acted in court-appointed roles with Mizrahi Development Group (The One) Inc, Voyager Digital Ltd, DCL Canada, Target Canada Co, Erwin Hymer Group North America, Inc., and Rosseau Resort Developments Inc. 

Mr. Ferguson has also led numerous large, syndicated lender restructuring engagements, including a $400 million power/infrastructure loan, a $130 million base metal mining company, and a $170 million Canadian farming operation. 

Mr. Ferguson earned an HBA from the Richard Ivey School of Business at The University of Western Ontario. He is a Chartered Professional Accountant, a Chartered Insolvency and Restructuring professional, a Licensed Insolvency Trustee and a member of the Insolvency Institute of Canada. 

 

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In 1981, shortly after Jack Welch became CEO of General Electric (GE), he issued a now-famous directive: Each of the company’s business units had to be number one or two in their markets; if not, they’d have to fix, sell or close it.
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