Zolfo Cooper Announces 2018 Staff Promotions
New York, January 10, 2018 -- Zolfo Cooper, the pre-eminent financial advisory and interim management firm, today announced promotions of its professional staff, including the appointment of a new managing director, Frank Pometti, to its senior management ranks.
"Frank has consistently delivered results for clients in complex restructurings," said Joff Mitchell, senior managing director and head of Zolfo Cooper’s US practice. "We are delighted to welcome Frank to the senior leadership team.”
Most recently, Frank served as chief restructuring officer (CRO) of a West Virginia-based oil and gas company in its successful out-of-court restructuring. He has advised clients across a spectrum of industries and situations including the following roles: financial advisor to ETX Energy (formerly New Gulf Energy), deputy CRO of Milagro Exploration, financial advisor to the secured creditors of Aquilex, and financial advisor to the official committee of retired employees of American Airlines. Frank began his tenure in 2009 as part of the Zolfo Cooper team leading the balance sheet and retail business model restructuring of Samsonite.
Promoted to senior director are Ray Li, Denise Lorenzo and Scott Martinez. Recently, Li advised ModSpace, the largest U.S.-owned provider of modular buildings, through its consensual restructuring. Lorenzo has been assisting $3.2 billion global technology company Avaya in its successful restructuring, while Scott Martinez has been advising the unsecured creditors committee in the complex restructuring of the Commonwealth of Puerto Rico.
In addition, three individuals have been named directors: Eric Deichmann, Andrew Ralph and Adam Searles. Most recently, Deichmann has advised the UCC of Puerto Rico and Light Tower Rentals. Ralph has advised Avaya and Sabine Oil and Gas, winner of the 2017 TMA Large Company Transaction of the Year Award. Searles has also advised Avaya throughout its Chapter 11 restructuring.
“These well-earned promotions reflect our commitment to providing clients with the breadth and depth of expertise to deliver creative solutions in increasingly challenging restructurings,” added Mitchell.
All promotions became effective as of the first of the year.
About Zolfo Cooper
Zolfo Cooper is a leading independent provider of restructuring, financial and corporate advisory solutions, assisting companies and their stakeholders facing a wide range of financial, operational and strategic challenges. With offices and affiliations in the world's leading financial centers, Zolfo Cooper serves clients both locally and internationally to deliver solutions spanning the middle-market to the largest and most complex cross-border situations.
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