IRVINE, Calif.--(BUSINESS WIRE)--Stretto, a market-leading bankruptcy services and technology firm serving the corporate-restructuring, consumer-bankruptcy, and professional-fiduciary industries, announces Jon Orr has joined the company as senior managing director. Overseeing Stretto Deposit, Disbursement, and Escrow Services, Jon is responsible for identifying opportunities for market growth, expanding the operational platform supporting this business line, and maintaining the company’s nationwide network of bank partners.
“We are fortunate to have Jon Orr on the Stretto team with the financial expertise that he brings as we continue to expand our services geared to fiduciaries and other professionals,” comments James Le, chief operating officer at Stretto. “His insight and business acumen will be invaluable as we tailor and develop new solutions to serve clients’ diverse cash-management needs.”
With over 25 years of substantive financial industry and private equity experience, Jon has served in various executive-level roles in fast-growth and turnaround environments at firms ranging from start-ups to large established enterprises. Prior to joining Stretto, he was managing director and operating partner at Monroe Capital LLC, a $10 billion private credit/equity asset management company. Previously, he held senior positions at Sun Capital Partners, Kurtzman Carson Consultants, FTI Consulting, Alix Partners, and PricewaterhouseCoopers.
“I’m excited to be part of the Stretto team and contribute to the company’s sustained growth and expansion,” Orr comments. “Stretto has made huge strides in expanding its cash-management services and I’m looking forward to furthering that progress and help broaden its client base.”
Stretto Deposit, Disbursement, and Escrow Services, along with its proprietary software, are designed to reduce costs and improve efficiencies for fiduciaries. The company’s team of banking experts identifies appropriate partner banks and tailors financial-services solutions based on the clients’ specific needs.
About Stretto
Stretto delivers a full spectrum of case-management services, depository solutions, and technology tools to fiduciaries. Offering a comprehensive suite of corporate-restructuring and consumer-bankruptcy capabilities, along with multi-faceted deposit and disbursement services, Stretto provides an unparalleled portfolio of solutions under the executive leadership of industry veterans Eric Kurtzman and Jonathan Carson. Sitting at the center of the bankruptcy ecosystem, Stretto leverages deep-industry expertise and market insights to facilitate every aspect of case and cash management for its corporate-restructuring and consumer-bankruptcy clients, as well as fiduciaries and other industry professionals. “Stretto” is a musical term indicating when one voice picks up where another leaves off, and, as our name implies, Stretto seamlessly integrates streamlined workflows and best-in-class technology to orchestrate the case-management process and create harmony for professionals and their teams. For more information about Stretto, visit www.stretto.com.
