Seoul – Leading global professional services firm Alvarez & Marsal (A&M) announced the appointment of Myungchul "MC” Kim, an expert in corporate restructuring and business performance improvement, as Managing Director and Head of A&M Korea. Mr. Kim’s appointment illustrates A&M’s continued commitment to the Korean market, where the firm has been operating for more than 10 years, and to providing private equity investors and international business clients with advisory and interim management roles that improve performance and drive value.
Mr. Kim will supervise A&M Korea’s operations, strategy, business development and client management. He will work closely with A&M’s Asian and global teams to bring world-class solutions to clients in Korea. A&M’s footprint in Korea spans across corporate restructuring, performance improvement and transaction advisory. One of A&M’s most notable roles includes serving as interim executives during and following the Lehman Brothers bankruptcy in 2008.
Mr. Kim brings more than 20 years of business management and restructuring experience with leading companies in Korea. Prior to joining A&M, Mr. Kim was Managing Director of Hyundai Group’s Strategic Planning Office. Recently, he led the successful debt restructuring for Hyundai Merchant Marine based on close cooperation between the government and a private company.
Mr. Kim also served as a Managing Director of Doosan Group’s Strategic Planning Office and was responsible for strengthening its capabilities and improving performance across the group’s affiliates. Mr. Kim graduated from Hanyang University and earned an MBA from Carlson School of Management, University of Minnesota.
Jim Dubow, co-head of A&M Asia, said, “MC’s experience aligns with our operational heritage, our reputation for serving in interim management roles and our work with stakeholders on critical initiatives. MC’s deep turnaround and performance improvement expertise along with the range of industries he has worked in, including shipping, construction and heavy industries, will be an asset to our clients in Korea and across Asia.”
Mr. Kim said, “Restructurings can be sensitive, yet they are critical to achieving successful turnarounds and driving toward sustainable corporate performance. I look forward to working with A&M’s private equity and corporate clients on solutions that help strengthen the performance of their holding companies, affiliates and portfolio businesses.”
About Alvarez & Marsal
Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) when conventional approaches are not enough to activate change and achieve results.
Privately held since 1983, A&M is a leading global professional services firm that delivers business performance improvement, turnaround management and advisory services to organizations seeking to transform operations, catapult growth and accelerate results through decisive action. Our senior professionals are experienced operators, world-class consultants and industry veterans who leverage the firm's restructuring heritage to help leaders turn change into a strategic business asset, manage risk and unlock value at every stage.
Chee Lee, +82 2 2022 8235 / chee.lee [at] edelman.com
Min Kim, +82 2 2022 8245 / min.kim [at] edelman.com
Sandra Sokoloff, Senior Director of Global Public Relations
Alvarez & Marsal, +1 212 763 9853