Alvarez & Marsal bolsters its business transformation services with industrial hires | Alvarez & Marsal | Management Consulting
Olivier Duval and Olivier Maltese appointed managing directors to develop the service offer in France
Paris – Global leader in professional services Alvarez & Marsal (A&M) has strengthened its Corporate Transformation Services team with the appointment of Olivier Duval as Managing Director of the Paris office and Olivier Maltese as Managing Director in London and Paris . The hiring of Mr. Duval and Mr. Maltese continues to diversify A&M’s offerings regionally and globally while building on the company’s operational heritage and commitment to driving change and produce results. At A&M, Mr. Duval and Mr. Maltese will work with clients facing transformational challenges.
Mr. Duval brings 25 years of senior management and industry experience, specializing in process industries, chemicals and building materials. Prior to joining A&M, he served as Chief Operating Officer and Director of Restructuring at Ascometal, where he led a major supply chain transformation and cost reduction program.
Prior to that, he held positions as an associate at Bain & Company and vice president at Mercer Oliver Wyman. Notable prior consultancy projects include managing the transformation of a major glassware producer, which involved reviewing and redesigning its industrial footprint. He also delivered an extensive cost reduction plan, the disposal of non-strategic activities and the repositioning of the brand.
With over 20 years of experience at Deloitte and PwC, Mr. Maltese has led and supported over 80 post-merger M&A integration and carve-out programs. He has extensive experience in designing and implementing onboarding models, including for cross-border transactions. His hire will bolster the firm’s M&A offering to create valuable change for France-based clients.
Mr. Maltese joined A&M from PwC, where he most recently served as a partner in the Delivering Deal Value practice, co-leading the Industrials platform. His industrial experience includes the carve-out of a producer of a high performance steels business and the integration by merger of two global players in rail transport. He also brings knowledge of the life sciences sector, having worked on a major pharmaceutical merger and the financial transformation of one of the largest UK-based healthcare companies.
Guillaume Martinez, Managing Director and Head of Business Transformation Services in France, said: “Over the past two years, A&M has experienced rapid growth in France, with a 200% increase in headcount in the Paris office. This growth is a testament to A&M’s collaborative approach across our lines of business to deliver tangible results to customers to maximize value. We are convinced that the arrival of Olivier Duval and Olivier Maltese, as well as their combined experience of the industrial sectors, will greatly benefit A&M’s clients.
Florent Maisonneuve, Managing Director and Co-Head of Industrials Europe, said: “These appointments will help us strengthen our ability to advise industrial clients globally by defining and steering their transformation program. Their deep expertise will enable clients to effectively implement transformation programs and accelerate sustainable bottom line results.
Mr Duval said: “It is an exciting time to join the A&M team in Paris, with a number of key hires in recent months and rapid expansion over the past two years. Growth in France and across Europe demonstrates the firm’s commitment to driving change and delivering results.
Mr. Maltese said, “A&M’s ability to support companies in the slicing of complex operations, particularly in the industrial realm, provides companies with a critical advantage in turning challenges into opportunities. I look forward to helping our clients maximize value and achieve their business goals.
Alice Wilkinson, Promontory, +44 (0)78 8474 2430
Chloe Gillot, Alvarez & Marsal, +44 (0)7 740 292 190