Levin Becomes Chief Executive Officer at Wilton Brands
March 1, 2010,
Levin has been the chairman of Wilton since August, the month after the company's largest creditors, TowerBrook Capital Partners L.P. and Deutsche Bank Trust Company Americas, filed an involuntary Chapter 11 petition against Wilton Holdings. The company completed its recapitalization in October and the creditors withdrew their petition. Then-CEO Richard Conti resigned soon afterwards, and Levin began serving in the interim.
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