Michael Correra is a shareholder and board member of Conway MacKenzie, Inc. and is the Senior Managing Director responsible for the firm’s New York Office and Engineering & Construction industry vertical. Michael has 20+ years of experience in restructuring, reorganization, and turnaround management services. He brings practical solutions to companies through his experience in cash management, financial analysis, financial forecasting, interim management, creditor negotiations, and restructuring plan development and execution.
Since launching Conway’s New York office in 2007, Michael has led the firm’s expansion in the Northeast. He has served in several interim management roles including Chief Restructuring Officer, Interim CEO and Interim CFO at clients such as Bristol Compressors, Commercial Grading, Kinetics, Optima Specialty Steel, OEM Group, ProEnergy Services, Rand Logistics, R&R Contracting, and SG Marino Crane Service.
Mr. Correra has extensive knowledge of a wide variety of industries but specializes in advising companies and/or their constituents in the industries of engineering and construction, metals and mining, automotive, heavy equipment, general manufacturing, technology and telecom, and transportation. In addition, Mr. Correra has advised the senior lenders of Chicago Bridge & Iron, the senior lenders of Motor Coach Industries, the second lien lenders of Universal Pegasus, and has been advisor to the company at Allied Holdings, Alstom Transportation, Dura Automotive, Peerless Manufacturing and U.S. Shale Solutions, amongst several others.
Mr. Correra is a Certified Insolvency & Restructuring Advisor (CIRA), holds his Certification in Distressed Business Valuation (CDBV), a member of the Association of Insolvency & Restructuring Advisors, Turnaround Management Association, the American Bankruptcy Institute and the Construction Financial Management Association.
Prior to joining Conway MacKenzie, Mr. Correra was a Director at Glass & Associates. Additionally, Mr. Correra has experience in commercial banking and creditor representation. He developed a comprehensive knowledge of asset-based lending practices in distressed situations while at CIT, Business Credit. His experience in LBO and DIP financings propelled him into restructuring advisory as an associate with Ernst & Young Corporate Finance.