Global consulting firm AlixPartners appointed Lisa Carnoy chief financial officer. Carnoy will be based in the New York office and serve the firm’s management committee.

She replaced Ken Hiltz, who was serving as interim CFO and will return to his position as a managing director with the firm’s Turnaround and Restructuring practice.

Carnoy joined 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 and as New York City 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.

“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.”