FOR IMMEDIATE RELEASE
April 23, 2008
Contact: Richard John, (813) 281-0062
Los Angeles, CA, April 23, 2008 – In an announcement made today by J. Tim Pruban, President of Focus Management Group (“Focus”), Edmund King has joined the nationwide business restructuring firm in response to the company’s growing presence in the West Coast. King joins Robert Riiska, a Managing Director of Focus, and his Los Angeles-based team as a Senior Consultant.
“Ed is an excellent addition to our West Coast team and will play a significant role in enabling Focus to expand its delivery of turnaround services and experience to our nationwide clientele,” said Riiska. “His financial and operational expertise, extensive restructuring experience and diverse industry knowledge will be a valuable resource to our team and will facilitate our firm’s steady growth, both on the West Coast and nationwide.”
With over 20 years of professional experience working with startup to Fortune 500 companies, King brings a wealth of experience in finance, accounting, corporate restructurings, M&A activity and strategic planning to Focus. Prior to joining Focus Management Group, King served as Chief Financial Officer and interim Chief Operating Officer of a financial transaction software technology company, where he specialized in strategic planning, marketing, finance and acquisitions.
King became a Certified Management Accountant in 1992 and holds an MBA from Oregon State University. He is based out of the firm’s Los Angeles office and can be reached at (213) 841-1107 or via e-mail at e.king@focusmg.com.
About Focus Management Group
Focus Management Group offers nationwide capabilities in turnaround management, insolvency proceedings, business restructuring and operational improvement. Headquartered in Tampa, FL, with offices in Atlanta, Chicago, Cleveland, Greenwich, Los Angeles and Nashville, Focus provides a full portfolio of services to distressed companies and their stakeholders, including secured lenders and equity sponsors, guiding them to maximize performance or asset recovery.
Focus Management Group quickly assesses the challenges facing underperforming businesses and acts rapidly to prevent ongoing losses and preserve value. Our hands-on approach helps distressed companies re-establish credibility with key constituents and major funding sources.
The Professionals at Focus have involved in turnaround situations spanning a wide range of industries. We have a proven team of more than 80 multi-disciplined, seasoned professionals. Our reputation for reliability was earned through our successful track record of delivering cost-effective results in a timely manner.