Kevin Lavin, the Atlantic City emergency manager appointed last year by New Jersey Governor Chris Christie, is now co-president of Ankura Consulting Group, an advisory firm whose services include restructuring and investigations.
Ankura announced Lavin’s position in a statement Tuesday.
Christie appointed Lavin in January 2015 to help stabilize the finances of Atlantic City, where the slumping casino industry has battered its tax base. Lavin released a report on Jan. 15 recommending that Atlantic City take control of its water system, regionalize police services and consider privatizing the fire department. His contract with the state expired that day, said Brian Murray, a Christie spokesman, by e-mail.
Christie on Tuesday proposed a five-year plan that would give the state more control over the city’s operations. It requires state legislative approval. The city is lurching toward default as it expects to run out of cash in April absent any infusion.