Tony Simion

Managing Director
20+ years of experience
Expertise in operational and financial restructuring
Specializes in turnaround consulting and interim management
Detroit
@alvarezmarsal
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Tony Simion is a Managing Director with Alvarez & Marsal North American Commercial Restructuring in Detroit. He specializes in operational and financial restructuring, turnaround consulting and interim management.

With over 20 years of experience, Mr. Simion brings expertise in business plan development and assessments, customer, vendor and labor negotiations, liquidity and treasury management, development and implementation of finance and accounting departments, as well as leading manufacturing location expansions and various profit improvement initiatives. He has worked with clients across various industries, including automotive, commodities, home building, real estate, stored energy devices, internet and SaaS, commercial landscaping and residential mortgage servicing.

Recently, Mr. Simion completed an out of court restructuring of a premium aftermarket automotive supplier. In three months, the company refinanced their credit facility and secured an un-drawn ABL for additional liquidity purposes. Previously, Mr. Simion was the Chief Restructuring Officer for a privately held Tier 1 heavy truck supplier in the heavy tonnage injection molding industry. In six months, he negotiated a forbearance with the company’s secured lender, accommodations with customers providing price increases and liquidity support and the divesting of an underperforming division.

Mr. Simion’s notable assignments include providing turnaround and restructuring advisory services to Washington Prime Group, Sable Permian Resources, Paddock Enterprises, LLC, GST Autoleather Inc., Noranda Aluminum, Exide Technologies and A123 Lithium Ion Battery Systems.

Prior to joining A&M, Mr. Simion was the North America Controller for the Engine Cooling Division of Behr America Industries and a Plant Controller at Guardian Industries. Earlier, he held multiple roles in operations and finance for the Nonwovens Division of Kimberly-Clark Corp.

Mr. Simion earned a bachelor's degree in chemical engineering from Michigan Technological University and an MBA (concentration in finance) from the Babcock School of Management at Wake Forest University. He is a Certified Insolvency and Restructuring Advisor and a member of the Association of Insolvency and Restructuring Advisors, Turnaround Management Association and the American Bankruptcy Institute.

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The International Union, United Automobile, Aerospace and Agricultural Implement Workers of America, better known as the UAW, and Detroit's Big Three — General Motors Co., Ford Motor Co. and Stellantis NV — have opened labor contract negotiations for the first time since 2019.
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Thought Leadership
Private Equity wird immer bedeutender für die deutsche Volkswirtschaft. Schon jetzt sorgen ihre Portfoliounternehmen für sieben Prozent des Bruttoinlandsprodukts. Sie werden effizienter geführt und wachsen deshalb schneller, weil sich die Fonds auf zukunftsweisende Wachstumsbranchen konzentrieren. Ja, das kann die De-Industrialisierung des Landes befeuern – aber auch für die nötige nachhaltige Transformation unserer Wirtschaft sorgen