AlixPartners, a global consulting firm, announced the appointment of Lisa Carnoy as its Chief Financial Officer. In this role, she will serve on the firm’s Management Committee. A seasoned financial executive, Carnoy joins AlixPartners after 23 years of leadership experience at Bank of America Merrill Lynch, most recently as the Division Executive for the Northeast at U.S. Trust, the private bank within Bank of America, and as NYC Market President for Bank of America. Prior to her move to Wealth Management, she served as head of Global Capital Markets and head of Global Equity and Equity-Linked Capital Markets for Bank of America Merrill Lynch.

“In Lisa, we are tremendously fortunate to have found such an experienced and operationally strong financial executive,” said Simon Freakley, CEO of AlixPartners. “She has a proven track record of delivering results in the various businesses she has run, by serving clients, growing revenues, and building cross-team relationships. She will be instrumental in helping us meet our ambitious growth goals, through profitable growth and a disciplined financial approach.”

Carnoy  earned an MBA from Harvard Business School and a bachelor’s degree cum laude from Columbia University. She was recently named the next co-chair of the Columbia University Board of Trustees, beginning in September 2018. Carnoy has been a passionate advocate for diversity, co-founding several organizations including the Women’s Leadership Council at Bank of America and both the Women’s Leadership Council for Athletics and the Dean’s Advisory Council at Columbia. She also serves on the boards of the United States Soccer Federation, the United Way of New York City, and the Rodeph Sholom School.

She replaces Ken Hiltz, who was serving as interim CFO. Hiltz will continue to play a leadership role at AlixPartners, returning to his position as a Managing Director with the firm’s Turnaround and Restructuring practice.

Regarding her appointment, Carnoy said, “I am excited to join AlixPartners during a period of transformative change and am committed to helping the company build on its current momentum, allocate resources against its strategic priorities, and continue to deliver the best possibleresults for its clients.”

Carnoy will be based in the New York office and will report to the CEO.