"We are excited to have Michael join BBK and our stakeholders. With nearly three decades of experience, he will enable us to continue expanding the expertise we offer to our clients," said William G. Diehl, President and CEO of BBK. "Furthermore, his deep knowledge and industry know-how will strengthen BBK's ability to help clients with their financial and operational challenges."

Goldsmith brings to BBK more than 25 years of experience working with senior executives at troubled companies on financial restructuring, distressed investments, turnaround management, corporate strategy, loan workouts, commercial real estate and securitization, focusing on translating sound strategy into operational success.

He joins BBK after spending four years as CEO of a flexible packaging manufacturing company that was also a turnaround investment. Prior to this he was a founder and principal at a financial advisory and turnaround management firm where he led multiple restructuring engagements in the real estate, technology and manufacturing sectors.

BBK, an international business advisory firm established in 1977, provides financial and operational services that enhance the growth, profits and stability of its clients. BBK has an extensive network of professionals throughout the United States, Europe and Asia, and has completed thousands of engagements for a variety of clients, including Fortune 500 corporations, mid-sized companies, financial institutions, law firms and private equity firms. For more information, visit www.e-bbk.com.