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Salvatore LoBiondo

Senior Managing Director

Ankura Consulting Group

800 Lanidex Plaza, Suite 210, Parsippany, NJ  07054
salvatore.lobiondo@ankuraconsulting.com
Main: +1.212.818.1555
Mobile: +1.201.400.6893

Education

BS, Accounting, Villanova University

Certifications

Certified Insolvency and Restructuring Advisor
Former Certified Public Accountant
Former Certified Management Accountant

Affiliations

Association of Insolvency and Restructuring Advisors
American Institute of Certified Public Accountants
American Bankruptcy Institute

Honors & Awards

2006 Turnaround Management Association’s Large Company Turnaround Award.

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Salvatore LoBiondo, Jr. is a Senior Managing Director at Ankura Consulting Group and is based in Parsippany, NJ. Mr. LoBiondo has more than 30 years of general business experience, including more than 20 years of working with troubled companies.

Mr. LoBiondo enjoys a national reputation as a restructuring expert and crisis manager. Prior to his position as a Senior Managing Director at Marotta Gund Budd & Dzera, LLC, which was acquired by Ankura Consulting in 2016, he held the position of Managing Director at Zolfo Cooper, LLC. His assignments have included advisory, interim management roles and international assignments, including work in Europe and Latin America. Working for both debtors and creditors, Mr. LoBiondo has led complex reorganizations and restructurings with experience across diverse industries such as telecommunications, electronics, manufacturing, retail, distribution, quick service restaurants and airlines.

Mr. LoBiondo has advised a number of companies and debtors, including acting as special financial advisor during Chapter 11 bankruptcy proceedings. Mr. LoBiondo has worked in an advisory capacity for companies in a variety of industries such as logistics, solid waste disposal, broadcasting, textiles, jewelry, retail, engineering, equipment rental, leasing, manufacturing, distribution, printing and direct mail, energy, hotel and casinos, airline, real estate, and utilities. His clients have included Fortunoff’s, Inner City Broadcasting Corporations, Trans World Entertainment, The IT Group, and MGM Grand Hotel and Casino.

Mr. LoBiondo has held interim management positions, including the Responsible Officer of LeNature’s where he was responsible for uncovering the $750 million fraud, CEO of Friedman’s Jewelers, Interim Controller of MicroWarehouse, Inc. and Interim General Manager of MicroWarehouse, B.V.

Mr. LoBiondo has also advised secured lenders and bondholders in a variety of matters across multiple industries, such as equipment rentals, food and beverage, financial services, technology, communications and energy. Some examples include advising an ad hoc committee of bondholders of MCI/WorldCom, advising to the secured lender to a number of fast food franchises, and financial advisor to the Official Committee for Unsecured Creditors of Mirant Americas Generation, key stakeholders in the Mirant Corporation bankruptcy proceeding.

Mr. LoBiondo is a graduate of Villanova University with a Bachelor of Science in Accounting. He is a Certified Insolvency and Restructuring Advisor and member of the American Institute of Restructuring Advisors and is a former CPA and CMA. He is also a member of the AICPA and ABI. Mr. LoBiondo was the recipient of the 2006 Turnaround Management Association’s Large Company Turnaround Award.

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