Stephen Borman and Carolyn Campbell Named Managing Directors of Alvarez & Marsal Tax Advisory Services.

NEW YORK -- Alvarez & Marsal Tax Advisory Services, LLC, announced the promotions of Stephen Borman and Carolyn Campbell to managing directors. Each was previously a senior director. E[acute accent]Mr. Borman, who is based in Charlotte, advises clients on federal taxation matters, including tax accounting issues, business restructurings, IRS examinations, tax litigation assistance, and tax compliance. Ms. Campbell, who is based in Houston, advises clients on sales and use tax matters including reverse audits, audit management and controversy, event-based tax planning, tax process improvement, and Sarbanes-Oxley compliance. E[acute accent]"Steve and Carolyn have a successful track record of delivering outstanding service to clients, who increasingly view A&M Tax Advisory Services as an alternative to the Big Four audit firms for tax services," said Robert N. Lowe, Jr., CEO of Alvarez & Marsal Tax Advisory Services. "The strength of a professional services organization is its people, and Steve and Carolyn exemplify the talent we have in our firm." E[acute accent]With more than 14 years of experience, Mr. Borman has consulted with large corporations in a number of industries including banking, finance, real estate, aerospace, and construction. Prior to joining A&M Tax Advisory Services, he was a senior manager with KPMG. Mr. Borman earned a bachelor's degree in accounting from Oral Roberts University and a master's of taxation degree from the University of Tulsa. E[acute accent]With more than 14 years of sales and use tax experience, Ms. Campbell has advised companies representing a variety of industries including electric and gas utilities, refining and marketing, exploration and production, pipeline and transportation, real estate and construction, as well as diverse manufacturing operations and service. Prior to joining A&M, she was a senior manager in Ernst & Young's multi-state sales and use tax practice. Ms. Campbell earned her bachelor's degree in accounting from University of Houston.

E[acute accent]About Alvarez & Marsal Tax Advisory Services, LLC:

E[acute accent]Alvarez & Marsal Tax Advisory Services, LLC, an affiliate of Alvarez & Marsal, a leading global professional services firm, is an independent tax group comprised of experienced tax professionals dedicated to providing customized tax advice to clients in a broad range of industries. Its professionals extend Alvarez & Marsal's commitment to offering clients a choice in tax advisors free from audit-based conflicts of interest, serving clients with knowledge, experience and a commitment to excellence in client service. Alvarez & Marsal Tax Advisory Services, LLC, is a founding member of the Taxand global alliance which is comprised of independent tax firms in countries around the world which provide our multinational clients with international tax advice. With more than 1,000 global tax professionals worldwide, Taxand provides clients with an alternative to the Big Four audit firms for global tax services. E[acute accent]For more information, visit www.alvarezandmarsal.com. Contact: Chief Marketing Officer Rebecca Baker at [phone], or e-mail [e-mail].