HOUSTON–(BUSINESS WIRE)–#Bankruptcy—MACCO Restructuring Group, LLC (MACCO) announces a promotion, additions to the firm and the founder, Drew McManigle’s selection as 1 of 6 Houston-based, Title 11, Subchapter V (Small Business) Chapter 11 Trustees appointed by the U.S. Department of Justice, Office of the United States Trustee.
“We have all seen and felt the dramatic personal, business and economic effects resulting from the Covid-19 pandemic and our thoughts and prayers for the health and safety of all people are paramount at this unprecedented time,” said McManigle.
“That said, MACCO is open for business and growing with the confidence that, as citizens and a nation, we will recover and once again thrive. As we continue to serve the increasing needs of companies who find themselves in financial or operational peril, I’m very pleased to announce these accomplished additions and a notable promotion.”
Frank Cottrell is a Director for MACCO in its Houston office. He is a proven turnaround and restructuring professional leveraging over 10 years of successful operational experience in organizations ranging from private equity-backed portfolio companies to public entities. Frank has held leadership roles with critical P&L responsibilities, including serving as interim CFO. His industry experience includes energy, manufacturing, oilfield services, offshore/subsea, construction, government contracting, engineering, consumer services, RTO, financial services, tort litigation, education, retail, medical, technology and real estate. He received his bachelor’s degree in Economics from the University of Texas at Austin and earned his MBA from Rice University.
Blake Denbina has also joined MACCO’s Houston office as a Director. He has over 17 years of operational experience at both the civic and private business levels. He brings a motivated, strategic, solutions-focused approach to business reorganization and operations improvement. He has been a Utility Business Operations Executive for the City of Houston and held ownership and leadership roles at both a strategic management consulting firm and in hospitality. Blake has led cross functional engineering and design teams for civil engineering projects for both Harris County and the TX Dept. of Transportation. Blake received his B.A. from the University of Texas at Austin and earned his MBA from the University of Houston. He is a State of Texas Certified Mediator and holds FINRA Series 6 & 63 Financial Licenses.
Kathy Mayle, MBA has been promoted to Senior Director. “Kathy, with her experience derived from over 25 years in a law firm environment combined with her insight and detailed financial skills, complemented by her knowledge of how and why businesses fail, her deep chapter 11 bankruptcy understanding and her administrative excellence, simply is a linchpin of the Firm and highly deserving of this promotion,” said McManigle.
McManigle concluded, “At MACCO, our talented team members are the ‘first responders’ to businesses and their management that can act quickly, advise wisely and execute precisely to ‘put out the fire and protect the stakeholders from getting burned’.”
Learn more about MACCO at www.macco.group