Alexander A. Calderone is the Managing Director and founding partner of Calderone Advisory Group (CAG), a boutique turnaround, restructuring and litigation support consultancy servicing the national middle market. Prior to founding CAG in May of 2014, Alex served as the leader of the Casino Finance practice for The Fine Point Group, a Las Vegas-based consulting and management firm servicing the global gaming industry. Prior to that, he spent seven years with the national turnaround and restructuring firm of Conway MacKenzie. Before joining Conway MacKenzie, Mr. Calderone started his career as a Certified Public Accountant with the Assurance and Advisory Services practice of KPMG, LLP, one of the largest providers of audit, tax and consulting services to the global business community.
Alex specializes in working with both healthy and underperforming companies across multiple industries, with a special focus on clients operating in the casino and hospitality business, healthcare, construction & engineering, distribution, manufacturing, consumer products, and transportation and logistics industries. He has served clients in the context of out-of-court restructurings, loan workout situations, Chapter 7 and Chapter 11 bankruptcies, and various types of transactions including acquisitions, divestitures, and liquidations.
Mr. Calderone also has significant experience related to business valuation, forensic accounting (including Ponzi scheme disentanglement), and quantification of economic damages and is available to provide expert witness testimony regarding each of these disciplines in the context of both commercial and bankruptcy-litigation proceedings.
Mr. Calderone is a Certified Public Accountant, Certified Turnaround Professional, Certified Fraud Examiner, Chartered Global Management Accountant, and Accredited in Business Valuation by the American Institute of Certified Public Accountants. In addition, he is a former Visiting Professor of Accounting at Michigan State University and holds both a Master of Science and Bachelor of Arts in Accounting, with High Honor, from Michigan State University. Mr. Calderone is a member of the Turnaround Management Association, Michigan Association of Certified Public Accountants’ Fraud and Construction Industry task forces, and the American Institute of Certified Public Accountants’ Business Valuation/Forensic and Litigation Services group.
Alex is also a frequent speaker and author on topics of corporate revitalization and business insolvency and has been quoted or published in a number of media outlets, including Reuters, The Wall Street Journal, The Las Vegas Review Journal, TheStreet.com, The Journal of Corporate Renewal, ABL Advisor, Global Gaming Business Magazine, and the Detroit News & Free Press.
Mr. Calderone was a recipient of the 2016 Top of the Class Award, sponsored by the Detroit Chapter of the Turnaround Management Association's nextGen Board of Directors. This award honors emerging leaders who have reached a significant amount of success in the turnaround and restructuring industry before age 40.
Kevin Berry is a trusted advisor who provides valuable but cost-effective expertise to clients in times of crisis, distress and uncertainty. He has significant experience related to litigation support services, forensic accounting & fraud investigations, fiduciary services, turnarounds, workouts and restructurings, and insolvency and bankruptcy matters.
Mr. Berry has been involved in numerous matters involving business valuation, forensic accounting investigations and quantification of economic damages. He is also well versed in bankruptcy litigation matters, including cases involving valuation, fraudulent conveyances, preferences and other financial issues. He is available to provide expert testimony related to each of these issues.
Mr. Berry assists unsecured creditors' committees, secured creditors, debtor companies, and other parties to bankruptcy reorganizations, out-of-court workouts, and liquidations. He specializes in insolvency and bankruptcy matters, reorganization and management of troubled companies, and the restructuring of loan and credit agreements for distressed businesses.
Mr. Berry also provides fiduciary services to parties-in-interest in distressed situations. Mr. Berry has served as Liquidating Agent related to a confirmed Plan of Liquidation in U.S. Bankruptcy Court and has also previously functioned as a fiduciary (trustee for benefit of creditors) related to an out-of-court assignment.
Mr. Berry has experience in a broad variety of industries including contracting, gaming and hospitality, hedge funds, lumber and building materials, manufacturing, pharmaceuticals, pulp and paper, real estate, research and development, and retail among others. Previously, Mr. Berry spent 22 years at Conway MacKenzie, Inc. where he was a shareholder. During his career there, Mr. Berry also spent time serving on the firm's Management Committee and headed up the firm's litigation support services practice for several years.
Mr. Berry holds a Bachelor of Arts degree in Accounting from Michigan State University. He is a Certified Public Accountant (CPA), is Accredited in Business Valuation (ABV) by the American Institute of Certified Public Accountants, and is a Certified Turnaround Professional (CTP). He is also a member of the Turnaround Management Association (TMA) and the American Bankruptcy Institute (ABI) and has spoken on various topics for the Michigan Association of Certified Public Accountants (MACPA) and other groups.
Tammy L. Berry serves as an Executive Director with CAG. Prior to joining the firm, she spent 21 years with the national turnaround and restructuring firm of Conway MacKenzie, where she provided financial advisory services on behalf of numerous constituencies, including Chapter 11 debtors, unsecured creditor committees, secured lenders and various fiduciaries and liquidating agents.
Tammy specializes in working with both healthy and underperforming companies across multiple sectors, including the automotive, casino and hospitality business, lumber, manufacturing, food service, steel, c-store, and transportation and logistics industries. She has served clients in the context of both Chapter 7 and Chapter 11 bankruptcy proceedings, in addition to supporting various types of transactions including acquisitions and liquidations.
Ms. Berry also has significant experience in the area of litigation support services including quantification of economic damages resulting from business interruption and breach of contract. In addition, Ms. Berry routinely provides fraud investigation and forensic accounting services to clients spanning across a wide array of industries.
In addition to being Certified in Financial Forensics by the American Institute of Certified Public Accountants, Tammy also holds the credentials of Certified Public Accountant, Certified Fraud Examiner, and Chartered Global Management Accountant. Ms. Berry also holds a Bachelor of Arts in Accounting, with High Distinction, from Walsh College. Tammy is a member of the Michigan Association of Certified Public Accounts, Association of Certified Fraud Examiners and the American Institute of Certified Public Accountants.
Patrick S. Bero has worked for and served clients in the real estate, hospitality, gaming, financial and public sectors for over 23-years. During this time his clients have included: state and municipal governments; large, complex multinational organizations; middle market companies and sole proprietors.
Patrick specializes in providing in-depth strategic services encompassing financial analysis (quality of earnings analysis, pro-forma financial statement preparation, balance sheet / unrecorded liability test work, and valuation estimation); development (feasibility and market studies, budgeting and expense tracking, task tracking and scheduling, human resources recruitment and hiring tracking, and payroll optimization); and existing operations (business analytics and forecasting; productivity and service enhancement initiatives; capital budgeting; and strategic planning) services.
Among other current consulting projects, Patrick presently serves as the Chief Executive Officer and Chief Financial Officer for the Detroit Regional Convention Facility Authority, where he is responsible for all administrative functions of the DRCFA including finance, treasury, risk management, financial reporting, regulatory compliance, legal, lobbying, public relations, and oversight of a $279 million capital expansion and renovation program for Detroit's Cobo Convention Center.
Prior to joining CAG, he served as the proprietor of Strategic Partner Management Consulting (SPMC), a strategy, finance and operations consulting firm based in Metro Detroit since May 2001. Before he established SPMC, Mr. Bero served for five years as both a Senior Consultant and a Manager in the Chicago office of Deloitte. Prior to joining Deloitte, he was a financial analyst with Mirage Resorts, Incorporated in Las Vegas, Nevada where he served for four years.
Mr. Bero is a two-time graduate of the University of Notre Dame where he received a Bachler of Business Administration degree with a concentration in operations and finance and his Master's in Business Administration.
Anthony F. Catania serves as the firm's steel industry expert and also provides consultation and advice to clients operating across the distribution, heavy industry, manufacturing, and transportation and logistics sectors.
Prior to joining CAG, Mr. Catania served as a senior financial executive for a regional provider of flat-rolled carbon products to manufacturers and steel warehouses. In this role, Mr. Catania gained experience in the day to day operations of steel service centers, as well as a deep understanding of the broader metals industry.
Before entering the metals industry, Mr. Catania worked as a Vice President for a large commercial lending institution. His ten years of commercial lending experience coincided with one of the largest economic cycles in the banking industry. Having been on both the lending and borrowing sides of business, Mr. Catania is particularly familiar with the intricacies of turnaround situations.Mr. Catania holds a Masters of Business Administration in Finance from Kansas State University and a Bachelor of Science from Alma College.
Norman L. Bird specializes in providing financial and operational advisory services to both healthy and underperforming companies across a variety of different industries. Mr. Bird supports engagements by developing financial projection models, managing cash flows and liquidity, developing business plans, conducting due diligence, and providing other valuation and litigation support services.
Prior to joining CAG, Mr. Bird held various internship positions at a large international mechanical contractor, a full service manufacturer of large complex metal fabrications, and a boutique investment bank. Norman is a graduate of Michigan State University where he obtained a Bachelor of Arts degree in finance. He is presently pursuing a Master of Science degree in accounting from Walsh College.
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