Development Specialists Inc. (DSI) announced that Bradley D. Sharp has been promoted to President and CEO, and that the firm’s founder, William A. Brandt, Jr., has transitioned from those duties to the newly-created position of Executive Chairman.

The new management structure reflects DSI’s commitment to long-term growth and strategic viability as it continues to be a leading provider in turnaround consulting, financial restructuring, litigation support, wind-down oversight, forensic accounting and the worldwide provision of fiduciary services.

“Brad Sharp will assure DSI’s future growth and vitality as we meet the critical needs of our diverse range of cases,” said Brandt. “We will continue to bring new ideas, innovative approaches, fresh creativity and, of course, fiscal prudence to the table on behalf of our clients.”

Founded 40 years ago, DSI boasts a skilled, experienced and diverse team of professionals whose talent and depth help companies maximize value for all stakeholders in complex financial cases across the U.S. and overseas. The firm is consistently recognized as an industry leader and provides its services through eight domestic offices and international affiliates.

Sharp joined DSI in 1993 after beginning his career in banking. He served as president and senior commercial loan collection officer, first with Security Pacific Bank and then its successor, Bank of America. He is currently a senior managing director of DSI and oversees the firm’s Los Angeles office. He will continue those responsibilities as he leads firm-wide management and operations.

“My immediate focus will be to maintain DSI’s commitment to excellence,” Sharp said. “Our culture will not change, and we will continue to work together to grow the firm and meet our clients’ needs.”

Sharp continued: “Mr. Brandt is certainly not retiring.  He will continue to focus his energy and efforts on the growth of our flagship New York office and on a variety of initiatives that further strengthen the firm.”

DSI’s recent case load spans notable matters such as China Fishery Group, Binder & Binder, Aeropostale, Corinthian College Student Trust, Yellow Cab Chicago, Yellow Cab San Francisco, Coudert Brothers, Howrey LLP, LB Steel, Zucker, Goldberg & Ackerman, Equipment Acquisition Resources, and Variant Holding Co.

DSI is a leading national provider of management consulting and financial advisory services, including turnaround consulting, fiduciary roles, corporate restructuring, litigation support, wind-down oversight and forensic accounting services. Clients include business owners, corporate boards of directors, financial services institutions, secured lenders, bondholders, unsecured creditors and creditor committees.
For the last 40 years, DSI has been guided by a single objective: Maximizing value for all stakeholders. With its highly skilled and diverse team of professionals, offices throughout the United States and affiliates in Europe, and an unparalleled range of experience, DSI not only achieves that objective, but has also built a solid reputation as an industry leader. For more information, visit