NEW YORK, Aug 8 (Reuters) – David Kurtz, Lazard Ltd’s (LAZ.N) global head of restructuring, has agreed to join Hilco Global, the financial advisory firm that helps failing retailers liquidate told Reuters.
Kurtz, who has advised on some of the highest-profile corporate bankruptcies of the past two decades, will join Hilco as a vice chairman and chief strategic officer in September. He will report to Chief Executive and founder Jeffrey Hecktman.
Lazard last week promoted Tyler Cowan to take Kurtz’s place leading the investment bank’s restructuring practice in September.
Kurtz advised retailers J.C. Penney, Neiman Marcus and J. Crew on how to navigate bankruptcy proceedings and survive a global pandemic that put some peers out of business….
Read the full article at: https://www.reuters.com/business/finance/top-lazard-restructuring-banker-kurtz-departs-hilco-2023-08-08/