Bradley D. Sharp has been promoted to president and CEO of Development Specialists (DSI). The firm’s founder, William A. Brandt, Jr., has transitioned from those duties to the newly-created position of executive chairman.

“Brad Sharp will assure DSI’s future growth and vitality as we meet the critical needs of our diverse range of cases,” said Brandt. “We will continue to bring new ideas, innovative approaches, fresh creativity and, of course, fiscal prudence to the table on behalf of our clients.”

Sharp joined DSI in 1993 after beginning his career in banking. He served as president and senior commercial loan collection officer, first with Security Pacific Bank and then its successor, Bank of America. He is currently a senior managing director of DSI and oversees the firm’s Los Angeles office. He will continue those responsibilities as he leads firm-wide management and operations.

“My immediate focus will be to maintain DSI’s commitment to excellence,” Sharp said. “Our culture will not change and we will continue to work together to grow the firm and meet our clients’ needs.”

DSI’s recent case load spans notable matters such as China Fishery Group, Binder & Binder, Aeropostale, Corinthian College Student Trust, Yellow Cab Chicago, Yellow Cab San Francisco, Coudert Brothers, Howrey, LB Steel, Zucker, Goldberg & Ackerman, Equipment Acquisition Resources and Variant Holding.

DSI is a national provider of management consulting and financial advisory services, including turnaround consulting, fiduciary roles, corporate restructuring, litigation support, wind-down oversight and forensic accounting services.