HOUSTON--(BUSINESS WIRE)--Nov 9, 2026--
MACCO Restructuring Group, an award-winning national business restructuring and financial advisory firm, today announced the appointment of Walt Brown as Senior Managing Director, based in Kansas City, Missouri. Brown brings more than three decades of experience guiding companies through some of the most complex restructurings in the country, including 14 years as a Managing Director in the restructuring practice of FTI Consulting. The appointment, the firm’s fourth expansion announcement of 2026, accelerates the next phase of MACCO’s growth toward becoming the first-choice turnaround advisory and interim management firm for the middle and upper-middle market.
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Brown will work alongside Founder and CEO Drew McManigle on firm growth, talent development, business development, and engagement management, while leading client engagements.
“MACCO spent its first seven years proving the model. The next seven are about scale,” said McManigle. “Our industry is consolidating, and middle market companies still need advisors who will dig in and find real solutions to critical business problems. Walt has worked on some of the most complex restructurings of the last two decades. He brings big-case discipline to the middle market, and he will help our growing team deliver it on every engagement.”
At FTI Consulting, Brown led or supported more than 100 company-side engagements involving more than 1,000 legal entities, including service as a court-appointed restructuring officer. Most involved companies with annual revenue or total assets above $500M, among them Station Casinos, Hostess Brands, Kodak, RadioShack, American Apparel, Peabody Energy, OneWeb, Avianca, and SAS. Before FTI, he spent eight years in Deloitte’s restructuring practice, where he co-led the firm’s national bankruptcy administration group and worked on matters including Lehman Brothers, Mervyn’s, and Bally Total Fitness.
His experience also extends to the administrative backbone of Chapter 11. He served as Chief Financial Officer and Executive Vice President of Operations at Omni Agent Solutions, a bankruptcy claims and noticing agent. Most recently, he helped launch a turnaround and restructuring practice at a CPA firm, growing it from two professionals to 10 and from an unknown entity to 30 engagements in 17 months.
“When a company is getting ready to file, the executives need someone to sit across the table and explain in plain terms what is coming, how to prepare, and how to get through it,” said Brown. “I’ve spent my career in that seat and it has always been clear to me that no one can get a company through a filing on their own. The best outcomes I’ve seen came from teams where everyone pushed each other to get better. The largest firms will always be the first names people think of, and they aren’t always the right fit for a middle market company. MACCO is built for those companies, and I’m here to ensure the team brings the level of rigor our clients deserve to each and every engagement.”
Brown’s appointment also strengthens MACCO’s capacity in interim officer and court-appointed fiduciary roles, including chief restructuring officer and receiver, where the firm’s professionals take direct responsibility for stabilizing a business and setting it on a path forward.
Brown has worked across more than 20 industries, including airlines, automotive, energy, gaming, healthcare, manufacturing, retail, and software. He is a Certified Insolvency and Restructuring Advisor (CIRA), a Certified Turnaround Professional (CTP), and a member of the American Bankruptcy Institute. He earned a bachelor’s degree in accounting from Illinois Wesleyan University and an MBA from Pepperdine University’s Graziadio School of Business.
With professionals in Houston, Kansas City, Chicago, Los Angeles, Philadelphia, and Florida, MACCO serves debtors, lenders, private equity, and creditors nationwide. The firm’s integrated offering spans interim management, operational improvement, financial advisory, fiduciary services, and crisis communications.
For more information about MACCO Restructuring Group, visit www.macco.group.
About MACCO Restructuring Group
MACCO Group is an award-winning national middle-market restructuring and turnaround advisory firm serving debtors, lenders, private equity, and creditors. The firm delivers tailored, practical solutions that stabilize distressed companies, preserve value, and protect stakeholders, both in and out of court, backed by a team of seasoned CEOs, COOs, CFOs, CROs, and senior business leaders. MACCO Founder and CEO Drew McManigle was awarded the M&A Advisor's Lifetime Achievement Award for his contributions to the restructuring industry.
No company is too big to fall, but some are built to rise again. On Reviving Giants, MACCO Restructuring Group’s podcast, veteran turnaround expert Drew McManigle takes you behind closed doors where billion-dollar fates are decided: the late-night crisis calls, the courtroom showdowns, the boardroom gambles. Top restructuring attorneys, battle-tested advisors, and even a rock-and-roll bankruptcy judge trade war stories. You’ll hear about bank runs during the 1980s Texas oil bust, creditor brawls inside Enron, and today’s lender-on-lender fights. Along the way they ask the hard questions: why giants stumble, what it really costs to go broke, and who’s next. Sharp, candid, and never dull, Reviving Giants is your front-row seat to the art of the corporate comeback.
