Day: September 15, 2020

Kyle C. Murphy Joins Hilco Valuation & Industrial Services As Managing Director Of Business Development For Northeast Region

NORTHBROOK, Ill., Sept. 14, 2020 /PRNewswire/ — Hilco Global announced today the appointment of Kyle C. Murphy to Managing Director, Business Development of Hilco Valuation and Industrial Services.  Mr. Murphy, who is based in Boston, will focus on private equity sponsors, lenders, advisors, consultants, and companies in the northeast region of the U.S.

Mr. Murphy joins Hilco Valuation & Industrial Services most recently from J.P. Morgan, where he led business development and loan origination for their Middle Market Banking Group by calling primarily on middle-market private equity sponsors based in New England.  Prior to J.P. Morgan, Mr. Murphy worked at Wells Fargo Capital Finance on the loan originations team covering the Northeast and Mid-Atlantic.  Mr. Murphy began his lending career at New Stream Secured Capital.

“We feel extremely fortunate to have someone of Kyle’s caliber join the Hilco team,” said Tom Greco, CEO of Hilco Valuation and

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Singapore Air Cuts 20% of Workforce as Virus Smashes Travel

A Singapore Airlines passenger jet taxis along the tarmac as it arrives at Changi International Airport terminal in Singapore on June 8.

Photographer: Roslan Rahman/AFP via Getty Images

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Singapore Airlines Ltd. is eliminating about 4,300 jobs, or 20% of its workforce, as the coronavirus outbreak devastates the aviation industry.

The cuts will be made at Singapore Airlines and its SilkAir and Scoot units. Discussions are underway with unions and arrangements will be finalized as soon as possible, the carrier said in a statement late Thursday.

The job losses are the first at Singapore Airlines since the SARS outbreak in 2003.

Boeing Max Grounding to Cause Significant Costs at Singapore Air

Photographer: Ore Huiying/Bloomberg

“Having to let go of our valuable and dedicated people is the hardest and most agonizing decision that I have had to make in my 30 years with

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