Grant Thornton adds Bill Fasel as managing director in strategic solutions

18 September 2019 2 min. read
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Accounting and consulting firm Grant Thornton has added Bill Fasel as a managing director in its strategic solutions practice within the advisory services line.

Fasel will deliver turnaround and restructuring, operational improvement, and transaction advisory to underperforming and distressed companies and other key stakeholders. He will be based in Grant Thornton’s Chicago headquarters.

Fasel brings over 25 years of advisory experience to the role, with a focus on corporate restructuring, business transformation, corporate finance, and strategic planning. He has deep expertise across turnarounds, capital structure advisory, and M&A, having served companies, debtors, lenders, creditors, and PE firms across a range of industries.

Grant Thornton adds Bill Fasel as managing director in strategic solutions

“Bill’s extensive experience serving clients across a variety of industries on business plan and corporate strategy development, turnaround initiatives, and crisis management will be key to augmenting our restructuring capabilities both locally and nationally and driving strategic growth,” Scott Davis, national managing partner of financial advisory services for Grant Thornton, said.

Previously, Fasel spent five years as a managing director in business recovery services for the Midwest region at PwC. Before that, he spent five years at Deloitte, where he served as the practice leader of the corporate restructuring group in the Midwest.

Fasel also had two-year stints as a managing director at Mesirow Financial Consulting, BBK, and Huron Consulting Group. Earlier in his career, he was VP of corporate development at Vlasic Foods, and a VP and corporate secretary at Aon, where he focused on global investor relations. Fasel started his career at Lehman Brothers, where he was a VP of investment banking, executing numerous corporate finance and M&A assignments.

He holds an MBA in finance from the Kellogg School of Management at Northwestern University and a BBA in finance from the University of Michigan. Fasel is a member of the Turnaround Management Association, Association for Corporate Growth, and American Bankruptcy Institute.

Grant Thornton LLP, the US member firm of Grant Thornton International, has 58 offices across the country and annual revenues in excess of $1.8 billion.