Gleacher Names Capstone’s Kearns as Chief Restructuring Officer
Gleacher & Co., the brokerage that’s closing its businesses after failing to sell itself, named Christopher J. Kearns chief restructuring officer and chief executive officer.
Kearns, 56, is a co-founder of Capstone Advisory Group LLC, which Gleacher hired to help with its restructuring, the New York-based firm said today in a statement. Gleacher also said it is shutting its investment-banking business immediately, affecting about 20 employees.
To contact the editor responsible for this story: Steven Crabill at email@example.com