Area turnaround firm names new CEO

NAPLES — Paul Fioravanti has been named CEO of Qorval Partners, a boutique management consulting, turnaround, restructuring and advisory firm, after being promoted from the managing partner role.

Fioravanti was also named senior managing partner of the firm, according to a statement. James Malone, chairman and founding partner of Qorval, will remain chairman emeritus, the release adds. Malone founded Qorval in 1996 to help challenged companies and organizations needing operational and financial improvement by providing strategic counsel and interim leadership.