April 6, 2022

Alvarez & Marsal Continues its Transformation Capabilities Expansion with Two Senior Director Appointments

Al Criscuolo and Steve Kelly join as Senior Directors bringing a combined 50 years’ experience leading technology-enabled finance transformation

New York – Leading global professional services firm Alvarez & Marsal (A&M) has further bolstered its digital transformation capabilities by appointing Al Criscuolo and Steve Kelly, based in New York and Denver respectively, as Senior Directors within the firm’s Corporate Performance Improvement (CPI) practice. Mr. Criscuolo and Mr. Kelly each bring more than 25 years' experience leading intertwined technology and finance transformation engagements to their roles within CPI’s CFO Services group.

Mr. Criscuolo specializes in finance transformation and financial reporting, with particular expertise in the intersection between human capital, finance and accounting (F&A), and organizational change. His results-driven approach has created value for clients across multiple industries, including consumer and financial services, retail and merchant services, transportation services, food and beverage distribution, and technology and system applications. 

Additionally, Mr. Criscuolo has led private and public sector organizations through financial transformation and business performance modeling (FRRC), corporate performance management (CPM), enterprise resource planning (ERP), process improvement and merger integration initiatives. He is especially sought after as a leader for improving monthly close processes to decrease close cycle times, and for overseeing integration and separation planning for complex acquisitions and divestitures.  

Mr. Kelly advises clients on delivering operational excellence and unlocking insights from trusted data. He has engineered performance improvement in a variety of sectors, including healthcare, insurance, real estate development, energy, professional services and financial services.

Mr. Kelly is recognized for delivering practical solutions that enable successful financial planning and analysis (FP&A), accounting and supply chain operations makeovers for clients. His specialties include ERP integration, enterprise performance management (EPM) integration, financial reporting and analysis, data analysis and reporting, financial systems design and development, business process analysis and project management.

“A&M continues to expand its finance transformation capabilities by augmenting its deep bench strength and expertise with key hires,” said Cody Chenault, Managing Director with A&M’s CPI practice and the National Solution Leader for CPI’s CFO Services practice. “Steve’s and Al’s joining builds on our strategic plan for enhancing A&M’s transformation capabilities and builds on our strategic plan for enhancing A&M's transformation capabilities. The combination of Steve’s technology proficiency and Al’s human resource operations experience dovetails with our operational heritage to help clients drive change.”

Mr. Criscuolo comes to A&M from Protiviti, Inc., where he provided financial and operational leadership to companies undergoing business transformation. While there, he managed several global client initiatives, concentrated in human capital management, payroll compensation and human resources information system (HRIS) integrations that centered around large-scale portfolio, program management, and divestiture and separation initiatives. 

Prior to joining A&M, Mr. Kelly directed the financial pillar of SpearMC’s ERP practice and launched its EPM practice. In that role, he led the selection and implementation of ERP and EPM solutions for numerous clients and guided the extension of their financial systems to support their international growth targets.


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 6,000 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.

To learn more, visit: AlvarezandMarsal.com. Follow A&M on LinkedIn, Twitter, and Facebook.

FOLLOW & CONNECT WITH A&M