B. Riley Financial has hired Perry Mandarino serve as senior managing director and head of Corporate Restructuring in its newly created Restructuring Solutions team. Mandarino brings over 28 years of corporate restructuring experience to B. Riley and will be based in the New York City office.

Mandarino was named the 2014 Turnaround Consultant of the Year by The M&A Advisor and a Top 100 Global Restructuring and Turnaround Professional by Global M&A Network.

During his career, including his tenure as partner and practice leader of PricewaterhouseCooper’s U.S. Business Recovery Services, Mandarino represented stakeholders in more than 400 companies through various out-of-court and Chapter 11 proceedings, including Polaroid, Trump Casinos, Disney Stores and Brookstone, among others.

“As one of the nationally recognized industry leaders, Perry brings tremendous experience and expertise to our firm. This is a natural extension to our existing financial advisory, appraisal and liquidation services,” said Bryant Riley, B. Riley CEO. “Given the current economic environment, we’ve identified restructuring services as a growth area for our firm and are very fortunate that Perry has decided to lead this effort for us. We intend to provide him with the resources necessary to build this into a very successful practice area.”

“I am excited about making available to our restructuring clients the full range of services provided by B. Riley, including the firm’s superior advisory services and capital raising capabilities,” Mandarino said. “The entrepreneurial spirit of B. Riley is a perfect fit for the needs of clients in these times.”