The firm continues to develop its capabilities within the French market.

Paris - Global professional services firm Alvarez & Marsal (‘A&M’), continues to expand its business in France with the appointment of David Benichou as Managing Director within A&M’s Corporate Transformation Services team in Paris. Mr. Benichou specialises in corporate transformation and performance improvement for the retail, apparel and luxury industries. His experience within the local market positions him perfectly to help clients navigate the French retail landscape.

Mr. Benichou brings more than 25 years of consulting experience, working with management teams to identify, plan and implement measures to improve retail businesses – including transformation of organisations and operating models. His main areas of expertise are change management, executing business strategy and operations. Mr. Benichou has worked with clients across the retail landscape, including major grocery retailers, non-food specialists, online pure-play, and apparel and luxury. Among his many roles, Mr. Benichou has served as Chief Transformation Officer (CTO) with a focus on restructuring and supply chain transformation.

Prior to joining A&M, Mr. Benichou was a Managing Director and Partner with BCG in Paris. Prior to that, he spent 11 years at AlixPartners, and started his career with AT Kearney. Mr. Benichou earned a master’s degree in civil engineering from Ecole Nationale Supérieure des Mines de Nancy.

Mr. Benichou is joining A&M at a time of incredible growth in France. Over the last two years A&M’s Paris team has rapidly evolved, growing from approximately 15 employees in 2018 to 110 this year. Today, A&M France offers a multidisciplinary approach which, along with restructuring (operational and financial), covers due diligence (financial, operational, IT and valuations) and provides leadership to support clients who are driving transformations of both large corporates and Private Equity backed businesses helping clients drive change and maximize value.

Antonio "Tony" Alvarez lll, Managing Director and A&M’s European Practice leader, comments: “We are proud to welcome David to our Paris team. David is a leading specialist in the consumer/retail sector, where we anticipate increasing needs for experienced and seasoned transformation leadership and know-how. David’s joining at a time where our various lines of business in France are seeing an overall surge in demand and achieving a certain scale.”

Malcolm McKenzie, Managing Director and Head of European Corporate Transformation Services, comments “As the team in Europe continues to win large projects, we wanted to scale up our industry specialised capabilities across the region. I am pleased to welcome David on board to help grow our retail sector capability in Europe with emphasis on France. With his expert know-how of retail combined with our operational execution forces, he is well placed to help French corporates adapt to and identify opportunities within a rapidly changing environment.”

David Benichou, Managing Director at A&M, says: “I am very happy to be joining the senior-led team at A&M France. A&M’s vision and operational heritage aligns with my approach as a practitioner to develop concrete transformation plans and practical executions that deliver results for clients. I look forward to leveraging this experience to help large corporates maximise value.”

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Contact:

Ellen Johnson, Headland Consultancy, +44 (0)7901 853 673

Miriam Jones, Senior Marketing Manager, Alvarez & Marsal, +44 (0)207 7155202