Bill Fasel has joined Grant Thornton as a managing director in the firm’s Strategic Solutions practice within Advisory Services.

Fasel will leverage the firm’s financial advisory and transformation capabilities to deliver turnaround and restructuring, operational improvement and transaction advisory services to underperforming and distressed companies and their creditors, lenders and other key constituents.

Fasel has more than 25 years of advisory experience assisting multinational and middle-market clients with corporate restructuring, business transformation, corporate finance and strategic planning. He has provided a range of business advisory and M&A services to companies, debtors, lenders, unsecured creditors and private equity firms.

Scott Davis, national managing partner of Financial Advisory Services for Grant Thornton, said, “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.”

Before joining Grant Thornton, Fasel held leadership roles with several professional-services firms, including PwC’s Business Recovery Services practice, Deloitte’s Corporate Advisory Services group, Mesirow Financial Consulting and Huron Consulting Group.

He is a member of the Turnaround Management Association, Association for Corporate Growth and American Bankruptcy Institute.