Houston – Leading global professional services firm Alvarez & Marsal (A&M) announces the addition of Craig Jones as Senior Director to its Energy practice in Houston. Mr. Jones’s appointment reflects A&M’s on-going commitment to bolster its energy-focused offerings to support energy clients and help them maximize value amidst increasingly complex market challenges.
Mr. Jones, a 20-year veteran of the energy industry, has held numerous leadership roles across the oil and gas value chain, including in oilfield services, upstream, midstream and downstream sectors. He has served in both domestic and international markets. His sales and operations improvement experience spans products and services used in drilling, production, transportation and processing in traditional and unconventional oil and gas development.
At A&M, Mr. Jones will focus on providing CFO services, merger and acquisition integration, strategy and operations management and lean performance improvement for clients in the oilfield services and manufacturing sectors.
“Efficiency and economies of scale are critically important given the current state of the oil and gas market,” said Lee Maginniss, Managing Director and National Leader of A&M Corporate Performance Improvement’s Energy practice. “Craig’s vast experience and industry knowledge aligns strategically with our group’s objective to serve our clients’ needs and address marketplace demands. As the energy industry is facing extreme challenges, coveted experts and senior leaders like Craig allow us to provide the leadership and results that our clients seek.”
Mr. Jones’s hiring follows the appointment of Managing Directors Rogers Herndon and Danny Boyer to A&M’s Energy practice in March 2020.
Mr. Jones’s experience and track record of success includes leading strategy development, valuation, due diligence and agreement negotiation for transactions in North and South America, Europe, Asia and the Middle East. Mr. Jones has also provided corporate development leadership for joint ventures, including the creation of a joint venture with a major national oil company in Asia.
Before joining A&M, Mr. Jones held numerous management roles where he navigated the intersection between shared services, finance and accounting and value creation in international contexts. In these roles he created a shared service center in Asia, managed international tax and treasury and established legal entities for new market entry.
Mr. Jones earned his bachelor’s degree in accounting from University of Arkansas and has been a Certified Public Accountant (CPA).
About Alvarez & Marsal
Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems.
With over 4,500 people across four continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M’s restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world-class consultants, former regulators and industry authorities with a shared commitment to telling clients what’s really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.
Kelsey Eidbo, 415-732-7804, Infinite Global
Sandra Sokoloff, Senior Director of Global Public Relations, Alvarez & Marsal, 212-763-9853