CHICAGO — Grant Thornton LLP has named Jim Peko as the national managing principal of its Advisory Services practice. In this role, he will oversee the strategic direction and operations of the firm’s advisory-services offerings.
Peko succeeds Srikant Sastry, who led Advisory Services for the past five years of his 15-year tenure with the firm. The firm credits Sastry with transforming its Advisory practice into a full-service consultancy – one that has nearly doubled in size and revenue over the past five years.
Peko has nearly 30 years of experience providing clients with financial advisory services focused on improving performance and building long-term sustainable value. He most recently served as national managing principal of the firm’s Transaction Services practice, where he guided a wide range of clients through a variety of complex transactions.
Under his leadership, Transaction Services revenue grew at a 17% compound annual growth rate over the last three years, to become a more than $130M practice. In 2018, Consulting magazine named Peko a “Top 25 Consultant.”
“Jim has built a high-growth practice focused on creating value in a volatile market, and he has done so through innovative leadership and a people-first management style,” says Brad Preber, interim CEO of Grant Thornton. “He takes over a well-positioned Advisory practice, and we know Jim will help our clients continue to grow and thrive.”
In addition to building and expanding Transaction Services as a key offering for Grant Thornton, Peko has served as a member of the firm’s Partnership Board for the past 20 months. He is also a member of the board of directors for the American Bankruptcy Institute, and is a chartered financial analyst, a certified insolvency and restructuring advisor and certified in distressed business valuation.
Peko received a master’s of business administration degree in finance from Fordham University and a bachelor’s degree in economics and accounting from St. Peter’s College.
To learn more about Grant Thornton’s advisory services, visit www.grantthornton.com/advisory.
About Grant Thornton
“Grant Thornton” is the brand for two professional-services entities: Grant Thornton LLP, a licensed, certified public accounting (CPA) firm that provides audit and assurance services ― and Grant Thornton Advisors LLC (not a licensed CPA firm), which exclusively provides non-attest offerings, including tax and advisory services. With revenues of $2.4 billion for the fiscal year that ended July 31, 2023, and dozens of offices nationwide, Grant Thornton represents a community of almost 10,000 problem solvers, relationship builders, and industry specialists who know that how we serve matters as much as what we do.
Grant Thornton LLP, Grant Thornton Advisors LLC and their respective subsidiaries operate as an alternative practice structure (APS). The APS conforms with applicable laws, regulations and professional standards, including those from the American Institute of Certified Public Accountants.
Grant Thornton LLP and Grant Thornton Advisors LLC serve as the U.S. member firms of the Grant Thornton International Ltd (GTIL) network. GTIL and its member firms are not a worldwide partnership and all member firms are separate legal entities. Member firms deliver all services; GTIL does not provide services to clients.
Contact:
Adam Bond
Grant Thornton
Adam Bond
Chicago, Illinois
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