Los Angeles, CA, and Chicago, IL

Palm Tree LLC (“Palm Tree”), the single-source provider of integrated consulting and investment banking services for private equity firms and businesses, is pleased to announce the promotions of Marino Petropoulos and Joseph Wade to Managing Director.

Both leaders have played key roles in supporting Palm Tree’s continued growth and delivering value creation initiatives for clients across complex transactions, transitions, and transformations.

Marino Petropoulos, who has been with Palm Tree for approximately five years, is a seasoned finance and accounting leader who has advised numerous clients through critical periods of change. Throughout his tenure, Petropoulos has frequently stepped into interim CFO roles for private equity-backed companies, helping management teams stabilize finance functions, strengthen accounting infrastructure, and navigate complex transactions with confidence.

Joseph Wade, who has been with Palm Tree for more than seven years, has been instrumental in building the firm’s operations consulting capabilities. He continues to help sponsors and portfolio companies identify opportunities to improve operational performance, implement technology-enabled solutions, and unlock operational value. Known for his innovative thinking and practical approach to problem-solving, Wade has consistently delivered tailored solutions that drive impact for clients.

“Marino and Joe are trusted Palm Tree leaders, and their promotions reflect the impact they have made on the firm over many years,” said Pardis Nasseri, CEO and Chairman of Palm Tree. “They bring a combination of technical expertise, leadership, and a strong focus on client outcomes. As we continue to help our clients navigate increasingly complex situations, their ability to lead engagements, mentor team members, and translate insight into action will be critical to our continued growth.”

Palm Tree also announced the promotion of Jack Gunst to Senior Vice President. A key member of the firm’s Transaction Advisory Services (TAS) team, Gunst has played an instrumental role in supporting private equity clients and their portfolio companies through complex transactions, with a primary focus on financial due diligence. He brings deep technical expertise to client engagements and has become a core contributor to the continued growth of the firm’s TAS practice.

In addition to these promotions, Palm Tree announced 12 promotions across senior, mid, and junior-level team members, reflecting the firm’s continued commitment to developing talent and recognizing individuals who deliver exceptional results for clients.

These promotions underscore Palm Tree’s commitment to developing leaders from within and strengthening the firm’s collaborative culture.