Interpath strengthens restructuring offering in public sector with Simon Stibbons

Interpath has appointed industry veteran Simon Stibbons as a Managing Director within its Restructuring practice in London.

A licenced insolvency practitioner, Simon Stibbons has over 28 years of experience of leading large, complex restructurings in both the private and public sector.

He joins Interpath from Kroll, where he led the firm’s Government and Regulatory Restructuring offering, supporting public sector bodies and private sector suppliers of key public services through financial distress and underperformance. He has also previously held roles in the restructuring teams of Big Four firms including KPMG and EY.

In recent years, Simon’s work has focused on HM Government-based interventions and contingency planning mandates, including acting as lead financial advisor for the Department for Transport in the renationalisation of London North Eastern Railway (LNER) and Northern Rail franchises.

In addition, Stibbons has recently worked directly with UKGI and the Department for Energy Security and Net Zero providing direct ministerial advice in respect of a distressed oil & gas facilities provider; has performed a financial review of a large Adult Social care provider facing significant regulatory and financial scrutiny; and has undertaken a financial review and assessment of the turnaround plan for a higher education institution.

At Interpath, Simon will support the firm’s financial restructuring work, and in particular lead its relationship with regulators and the central government.

Commenting on his move, Stibbons said: “I’m delighted to be joining Interpath on its continued growth journey and to have the opportunity to reunite with former colleagues at what is such a pivotal moment for the restructuring landscape. The number of opportunities emerging from government, or involving close engagement with it, continues to increase, creating a dynamic environment where high quality advice is essential.”

Will Wright, CEO of Interpath in the UK, said: “Securing someone of Simon’s calibre is a real coup for Interpath. His depth of experience and reputation will add further weight to our existing work in sectors such as infrastructure, energy and higher education. As demand for restructuring expertise continues to grow, Simon’s arrival further strengthens our ability to support clients navigating some of the most challenging environments in the market.”

Established in 2021 following the carve-out of KPMG’s restructuring business, Interpath today has over 1,000 staff working across offices in the UK, Ireland, Europe, Asia-Pacific, and the Caribbean. The company is backed by private equity.