Emergency Financial Planning

Insights on the Keys to Successful Turnarounds

Thursday, March 5, 2009

Pontiac Journal - In an Auto Industry Hometown, a Familiar Financial Road - NYTimes.com

Pontiac Journal - In an Auto Industry Hometown, a Familiar Financial Road - NYTimes.com

Posted by Fred Leeb at Thursday, March 05, 2009

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Labels: EFM, emergency manager, Fred Leeb, government, Municipal Crisis, municipal emergency, municipal financial crisis, municipal financial emergency, municipal turnaround, PA 4, PA 72, turnaround management

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About Me

Fred Leeb: Southeast Michigan, United States; Bio: Websites: www.FLAALLC.com; www.NonprofitManagementGroup.com; www.EmergencyFinancialPlanning.blogspot.com. Email Address: FredLeeb@NonprofitManagementGroup.com.*** Fred Leeb was appointed by the Governor to be the Emergency Financial Manager for Pontiac for 15 months until 6/30/10. He lead the city to two years of surplus after many years of deficits, upgraded the City’s bond rating, negotiated successfully with six unions and generated over $115MM in multiyear benefits. ***
He specializes in advising and conducting successful nonprofit turnarounds and has been the head of the Nonprofit Management Group, LLC for 17 years. *** Fred won the Turnaround of the Year Award in 2008 from the Turnaround Management Association (“TMA”). *** Fred has worked on numerous small and medium-sized local businesses. *** Fred’s consulting career also has included PriceWaterhouseCoopers and AlixPartners, two of the most successful firms in the country. *** He has an MBA from Wharton.

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