 |
| Whitney Fogelberg |
Whitney Fogelberg, a partner in Kirkland & Ellis’ restructuring group, has joined C Street Advisory Group’s strategic communications unit as a managing director based in Chicago.
With almost 20 years of legal experience, Fogelberg has handled Chapter 11 proceedings, restructurings, liability management transactions, and special situations for clients such as Yellow Corp., Chesapeake Energy, STX Filmworks and PGX Holdings.
C Street founder/CEO Jon Henes said he’s worked with Fogelberg “as a lawyer and witnessed her ability to connect with clients and navigate the most complex situations with confidence and clarity.”
Fogelberg will co-head C Street’s new Chicago office with senior VP Lisa Kornblatt.
Stagwell CEO Mark Penn reports Q3 net revenues jumped 6 percent to $614.5M, a record performance for a non-political period. Operating income soared 45.7 percent to $60.9M.
Joele Frank works for Klöckner Pentaplast as the German maker of plastic films declares Chapter 11. A successful reorganization would slash its its corporate debt by $1.5B.
Teneo represents Metsera, the New York City biotech focused on weight-control products, which is subject to a bidding war between heavyweights Novo Nordisk and Pfizer.
Haggie Partners is working the $7B takeover of the specialty insurer Convex by Canada’s Onex private equity fund and American International Group.
WPP reported Q3 revenues less pass-through costs tumbled 5.9 percent to $3.3B, a performance new CEO Cindy Rose called “unacceptable.”
