Ankura announced today the appointment of Alex Sorokin as Senior Managing Director. Based in New York, Mr. Sorokin brings more than 30 years of advisory experience in business improvement, turnaround, and restructuring situations, including multiple roles across the globe serving as chief executive officer and chief restructuring officer.

Over the course of his career, Mr. Sorokin has assisted over 50 companies, ranging from startups to multibillion-dollar companies in sales revenue, across many industries, including aerospace, agriculture, energy, defense, mining, oil and gas, apparel, automotive and transportation, consumer, healthcare, manufacturing, professional services, real estate, retail, steel, and technology.

Prior to joining Ankura, Mr. Sorokin was most recently engaged as the CEO of leading energy storage and information technology companies doing business with commercial and governmental customers in the US and internationally. Earlier in his career, he was a partner and spent 26 years at Zolfo Cooper, a business and financial restructuring advisory and management services firm, and later was a co-founder and partner of Persephone Capital Partners and Halsey Lane Holdings.

Ankura Co-President Kevin Lavin stated, "I am very excited that Alex, whom I have known for over 20 years, has decided to join Ankura. Alex has spent a distinguished career working on the restructuring of companies as chief executive officer and chief restructuring officer. He brings a wealth of expertise that, combined with Ankura's existing turnaround and restructuring team, will make Ankura an even stronger partner for clients."

Mr. Sorokin said, "I am very excited to be joining Kevin and my former colleagues at Ankura. It's a group with a deep bench of turnaround and restructuring professionals who can draw upon industry and functional specialists that are part of the wider organization."