Eight Advisory continues to strengthen its restructuring capabilities in Germany with the appointment of Dr. Christian Czernay

Eight Advisory, a leading consulting firm in Transactions, Restructuring, and Transformation, expands its German Restructuring and Performance Improvement teram and continues its growth in Germany.

Dr. Christian Czernay, 40 years old, has been appointed as Director in the Restructuring and Performance Improvement team at Eight Advisory Germany’s Munich office. Christian brings significant experience in advising corporate clients across a wide range of sectors from automotive to retail from the mid- and large-cap space.

Throughout his career, he has supported clients in a multitude of turnaround situations, ranging from restructurings, refinancings, carve-outs to pre-insolvencies and insolvency proceedings.

Christian joins from one of the Big Four consultancies where he was as a Senior Manager in the Business Recovers Services Team. Prior to this he worked in various positions focusing on restructuring and financing mandates and transaction advisory services.

Christian holds a doctorate in business administration from the University of Gloucestershire and studied business law and finance in Düsseldorf and Lüneburg. He qualified as a Chartered Financial Analyst and participated in the Executive Leadership Development Program of Stanford University Graduate School of Business.

Michael Wahl, Eight Advisory regional leader for Germany and Switzerland: “As our firm is growing substantially in Germany and beyond, we are seeing a strong demand for independent, flexible advice. In the past four years we have steadily expanded our team and service portfolio, and most recently added expertise in corporate transformation and restructuring. We will continue to strengthen our team with experienced talents of all levels. It is essential for us to be close to our clients and to achieve our success with an entrepreneurial spirit.“

Johannes Steinel, Partner and Head of Restructuring Eight Advisory in the DACH region, adds: “We are pleased to welcome Christian Czernay, an experienced specialist in turnarounds, to our team. Since we started our German restructuring practice last year, we have seen the number of restructurings and turnarounds increasing. Our aim is to establish and grow a strong restructuring presence in the German-speaking markets, following the footsteps of our market-leading restructuring practice in France.”

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