Taking Stock: Chamberlain's New Gig... CIT in Ch. 11...

Former Stride Rite chief starts own firm.

David Chamberlain

David Chamberlain

Photo By Courtesy Photo

CHAMBERLAIN’S NEW ROLE: Former Stride Rite Corp. CEO David Chamberlain has formed a restructuring and crisis management firm called Eaglepoint Advisors LLC, based in San Francisco. Eaglepoint, founded by Chamberlain and two of his longtime business contacts, Peter Harris and Joe Alouf, operates as an affiliate of well-known retail consulting firm Kurt Salmon Associates and focuses on helping distressed firms in the middle-market retail and consumer goods sectors. According to Chamberlain, crisis management is a service Kurt Salmon had shown interest in offering, and through various contacts, the partnership between the two firms was formed. As such, Eaglepoint will tap into Kurt Salmon’s knowledge base to help clients as well as to provide access to resources and funding. “For us, [the partnership with Kurt Salmon] is a real plus because they have a lot of credibility in the retail consumer space and we have access to their 400-plus professionals.” Harris, a 30-year retail veteran, has run firms such as FAO Schwartz and West Marine and has served on the boards of Pacific Sunwear of California Inc. and Mrs. Fields. Alouf is formerly SVP at Prudential Capital and has been involved in numerous restructurings over a 20-year career. Following his retirement from Stride Rite in July 2007, Chamberlain was executive chairman at stationery company Papyrus for one year. — MEREDITH DERBY

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