Rothschild Global Advisory promoted Homer Parkhill and Stephen Antinelli to co-heads of restructuring in North America. Parkhill and Antinelli have been part of the senior leadership of the firm’s Restructuring practice for many years and will continue to be based in New York.
Jimmy Neissa, head of Rothschild North America, said, “In looking at our priorities for building the business in North America, the leadership of Rothschild felt that now was the time to elevate Homer and Steve to this role. This is an important move for Rothschild as we ensure the firm is in a strong position in this market for many years to come. We are truly excited about the future of this group under the new leadership.”
Over the course of a 16-year tenure with Rothschild, Parkhill restructured more than $85 billion of debt, advised U.S. and international debtors and creditors in several large-scale restructurings, including: Sun Edison, Westinghouse, US Steel Canada, Alpha Natural Resources, Nextel International, American Airlines, OGX and Corporación Geo.
A banking industry veteran with more than 20 years of experience, Antinelli joined Rothschild in 2009, providing restructuring and debt and equity capital advice to his clients. He restructured more than $100 billion of debt while advising both debtors and creditors, including: Caesars Entertainment Corp, Cengage Learning, CEVA Group, American International Group, Momentive Performance Materials, YRC Worldwide, Algoma Steel, Centerline, Adelphia Communications and Loral Space and Communications.
These promotions follow Rothschild’s work to expand its North American presence. Earlier, Rothschild brought in Chris Gaertner as global head of technology; Michael Speller as head of debt advisory, North America; Walid Khiari as a managing director on the technology team; Reza Vahabzadeh and Siddharth Hariharan as managing directors on the consumer team and Aashis Mehta and Timothy Hotchandani as managing directors on the healthcare team.