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 concentrates 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.


About Carl Marks Advisors

Carl Marks Advisory Group LLC (Carl Marks Advisors), a New York-based corporate restructuring and investment banking firm serving middle-market companies, provides an array of investment banking and operational services, including mergers and acquisitions advice, sourcing of capital, financial restructuring plans, strategic business assessments, improvement plans and interim management.

The award-winning firm received the 2016 Turnaround Atlas Awards’ Middle Market Restructuring Investment Banker of the Year, Middle Market Out-of-Court Restructuring of the Year and Middle Market Cross Border M&A Deal of the Year; Global M&A Network 2016 & 2014 annual listing of the Top 100 Restructuring and Turnaround Professionals; 2015 ACG New York Champion’s Award for Deal of the Year in Manufacturing; was included in Turnarounds & Workouts 2015 Outstanding Turnaround Firms and 2014 Outstanding Investment Banking Firms.

Securities are offered through Carl Marks Securities LLC, member FINRA and SIPC. Additional information about Carl Marks Advisory Group LLC and Carl Marks Securities LLC is available at

Carl Marks Advisors is the corporate restructuring and investment banking arm of Carl Marks & Co., one of Wall Street’s most experienced merchant banking firms, which is widely regarded for its family-based culture, trustworthiness and high ethical standards. Founded in 1925, Carl Marks & Co. has evolved into a diversified platform of investment and advisory businesses.


About Carl Marks & Co.
Carl Marks & Co. is one of the investment community’s most experienced merchant banks. The family-owned and -operated firm serves as a platform for a range of investment and advisory business. Its areas of operations include advisory services, distressed investments, private equity, real estate and new businesses. Carl Marks Advisors has been its advisory group since 1991.