Corporate restructuring and public affairs strategies firm Gavin/Solmonese announced that Wayne P. Weitz has been promoted to managing director.  Weitz was previously a senior director.

Weitz is a senior financial professional with more than 20 years of advisory and execution experience.  He advises clients in corporate finance and capital structure optimization, cross-border insolvencies and bankruptcies, offshore jurisdictional transactions, financial and operational restructuring, mergers and acquisitions and complex litigation.  Weitz joined Gavin/Solmonese in 2012.

“Wayne has made significant contributions to our firm and our clients.  His expertise in specialty areas like cross-border insolvencies and depth of financial advisory experience have broadened our capabilities and expanded our offerings to borrowers, creditors and stakeholders,” said Gavin/Solmonese managing director and founding partner Ted Gavin.  “Wayne’s new role further recognizes his hard work, success and accomplishments on behalf of our clients.”

Weitz is a graduate of Brandeis University and the University of Chicago Booth School of Business.  He is an active member and holds leadership positions in the Turnaround Management Association and the American Bankruptcy Institute, and he serves on the board of directors of the Peoples Emergency Center Foundation, a Philadelphia-based non-profit organization supporting development of transitional programs and housing for single-parent families in need.

Whether it’s protecting a company or its creditors from failure, deploying new leadership, or reversing antiquated thinking, Gavin/Solmonese leads companies to measurable bottom line improvement. Named one of the country’s Outstanding Turnaround Firms by Turnarounds & Workouts for 17 years, the Gavin/Solmonese Corporate Restructuring Group (formerly NHB Advisors) provides leadership for underperforming and troubled companies and their stakeholders, helping businesses maximize value for owners, investors, creditors and employees.  The Gavin/Solmonese Corporate Engagement & Public Affairs Group leads organizations throughcritical strategic thinking and tactical planning, creating better connections with consumers, decision makers and the media, resulting in market share growth and higher profitability.