Riveron Consulting, a Dallas-based firm that helps clients maximize the value of both strategic and financial transactions throughout the business transaction life cycle, including acquisition, integration, operations and divestiture, announced the promotion of Chaitan Fahnestock to president and COO, effective January 1, 2016.

Riveron CEO Landon Smith said, “Chaitan has been instrumental to the strategic direction, growth, and culture of Riveron since joining the firm, and we are pleased to recognize his dedication to our clients and company.”

Fahnestock will work from the Dallas headquarters and oversee strategic direction and operations for all markets including Atlanta, Chicago, Denver, Houston, Minneapolis and Washington, D. C. He has been with Riveron Consulting since 2006, serving as senior director of business development and most recently, managing director of new markets. As managing director, Fahnestock was responsible for organic growth strategy and execution, business development, client satisfaction, new market leadership recruitment and training. In March 2015, he was named to Riveron’s first established Board of Directors.

Fahnestock has more than 20 years of experience in public accounting, corporate governance consulting and transaction advisory services. He started his career in 1993 at Ernst & Young then joined Jefferson Wells as business development manager before moving several years later to Grant Thornton as business development executive, where he helped grow annual revenue by more than 300 percent during his tenure.

Founded in 2006, Riveron Consulting specializes in serving a diverse set of middle-market private equity funds and growing public and private companies.