Stapleton Group expanded its team with three new hires and the promotion of Jake Diiorio to managing director. The three new hires include Michael Husted, who joined as a director specializing in operations; Joan Hadeed, who joined as associate director of financial advisory services; and Emily Chen, who joined as associate director of accounting services.
“The addition of Michael, Joan and Emily elevates our capacity to provide timely, efficient solutions to a whole new level, just as demand for financial restructuring services is exploding due to the COVID-19 economic recession,” David Stapleton, president of Stapleton Group, said.
Husted has 15 years of operations and business development experience. He previously held senior operations positions at a global manufacturing and service company, a fintech business and a regional law firm.
After beginning her career at Ernst & Young, Hadeed transitioned to the private sector to diversify her skills. She will deliver the financial analyses and projections clients need to develop strategic plans.
Chen has more than 20 years of experience and can provide clients with the information they need for business decisions. She also streamlines accounting systems and controls and ensures compliance with financial reporting requirements.
Diiorio, a member of Stapleton’s team for more than 10 years, is a lead engagement manager on receiverships, bankruptcy matters, assignments for the benefit of creditors (ABCs) and advisory assignments.
“Jake earned his promotion by successfully managing all aspects of wide-ranging client engagements, as well as contributing substantially to the firm’s operations, employee training and business development,” Stapleton said.
Stapleton Group is a provider of financial advisory and professional fiduciary services in the western U.S. It has completed more than 250 engagements exceeding $2 billion in assets since it was founded in 2008. Recent engagements include serving as receiver of California’s $409 million lead paint abatement fund, recovering $2 million for a secured lender as chief restructuring officer of an insolvent 50-year old naval ship restoration company and negotiating a forbearance agreement, out-of-court restructuring and refinancing as financial advisor to an agricultural company.
