NEW YORK – February 28, 2017 – Carl Marks Advisors, a leading corporate restructuring and investment banking firm to middle market companies, today announced the appointment of Don Sheehan as a Managing Director. In this role, he will head up business development activities in the U.S. Northeast and Mid-Atlantic regions.

Don brings more than 40 years of experience as a senior banking executive and concentrated primarily on Commercial Workout involving a wide range of industries.

Prior to joining Carl Marks Advisors, Don was a market manager within the Fleet and Bank of America commercial workout groups.  He and his team worked with middle market commercial lending groups in New England, New York, New Jersey, Pennsylvania, Maryland and Washington, DC.  The credits coming out of these lending groups were companies with revenue levels from $50 million to $2 billion.  The portfolio, ranging in size from $1B to $2B, was comprised of companies in general industries, healthcare, non-profit, ABL structured, government contracting and private bank/high net worth individuals.

Earlier in his banking career, Mr. Sheehan held positions including Regional Team Leader, Senior Workout Officer, and Risk Manager in the Managed Asset Groups of Fleet Bank, Bank of America, Shawmut, and Bank of New England.

Duff Meyercord, Managing Partner at Carl Marks Advisors, said, “I am delighted to have Don join our team.  His expertise and experience will be an asset to our firm as we hone in on opportunities to support growing and challenged mid-market businesses in the U.S. Northeast and Mid-Atlantic region.“

Mr. Sheehan holds a BS in Education from the University of Mass-Amherst.