Alvarez & Marsal Opens New Offices in Sydney, Melbourne, and Perth
A&M welcomes Nicholas Reid as Managing Director and Head of A&M's Perth office, Renee Klimczak as Managing Director and Resources, Oil & Gas, and Utilities Practice Lead, and John Sanger as Senior Director and Interim CXO Services Practice Lead.
SYDNEY, Oct. 27, 2022 – Leading global professional services firm Alvarez & Marsal (A&M) has completed the next phase of its strategic South East Asia and Australia (SEAA) growth plan with the announcement of new offices in Sydney, Melbourne and Perth, Australia. This expansion builds on the firm’s growing operations and offerings across Singapore, Indonesia, Malaysia, Vietnam and now Australia under the leadership of Utsav Garg, Managing Director and Head of A&M’s SEAA business unit.
A&M Australia will provide Corporate Performance Improvement and Private Equity Performance Improvement offerings to serve our clients. A&M’s local market presence well positions the firm for collaborating with clients across multiple sectors including Consumer, Technology, Industrials, Transportation, Resources, Oil & Gas and Infrastructure & Capital Projects.
Nicholas Reid has joined as Managing Director and Head of A&M’s Perth office. A&M’s Managing Director, Renee Klimczak transferred from the Houston office to Australia to support the firm in building a strong regional presence. Ms. Klimczak will lead A&M Australia’s Resources, Oil & Gas, and Utilities Practice. John Sanger joined as Senior Director and will Head A&M’s Interim CXO Services in Perth. Recent senior hires to the A&M Australia team include Shaun Richardson and Daniel Hund who will serve local and regional clients. A&M will continue to hire Australian talent. Additionally, A&M is moving select experienced professionals, from USA, Europe and Southeast Asia, to operationalize the Australia offices concurrently with recruiting local hires.
Bryan Marsal, A&M’s Co-Founder, said, “A&M’s Australia offices are a natural extension of our strong local market relationships and our many years of offshore work. Our regional presence is in response to growing demand and the importance of Australia as a key Asia-Pacific (APAC) market for clients around the globe. Utsav and team are bringing the A&M ethos of leadership, action, results to bear in client situations in the Australian market.”
Mr. Garg said, “Nick, Renee and John illustrate the power of A&M’s global boots-on-the-ground professional network. Their large-scale transformation and corporate performance improvement expertise, alongside in-depth sectoral expertise in Resources, Energy, Infrastructure, Telecommunications and ICT, will help clients navigate a shifting economic landscape.”
Mr. Reid joins A&M with more than 18 years of consulting experience in the resources sector. His notable assignments include leading the operational program to deploy a ‘Safe Production System’ across 50 sites for a global mining company and redesigning the organizational structure for the Middle Eastern business unit of a global energy company. Prior to joining A&M, Mr. Reid was a Partner at BCG in Perth, where he led the Operations Accelerator for resources companies, as well as end-to-end operations improvements for mining sector clients in APAC.
Mr. Reid, said, “A&M’s operational heritage and results driven mindset dovetails with my professional background and approach. The firm’s integrated platform furthers my ability to maximize value for clients. The number of top local market hires joining A&M complemented by the dozen A&M global secondments augments our ability to best serve Australian clients.”
Ms. Klimczak, an industry veteran with long-standing associations with Australia, specializes in enterprise-wide performance and operational improvement programs across the mining industry and energy value chain, including midstream, downstream and utilities. She advises clients on portfolio optimization, capital and operational performance improvement, transaction advisory and strategic development. Ms. Klimczak led the operating model redesign and the restructuring of the corporate and technical functions for one of the largest global coal mining companies operating in the US and Australia.
Ms. Klimczak, said, “Building things ground-up is in A&M’s DNA. I am happy to demonstrate this value by helping establish our regional presence. Australia’s Energy and Resources industry represents a massive opportunity. In the face of evolving ESG considerations and energy transition trends, A&M Australia is well poised to leverage the firm’s global industry expertise and network of boots-on- the-ground professionals to supercharge our clients’ journey towards excellence.”
Mr. Sanger brings more than 30 years of experience in strategy, operations and large-scale transformations enabling growth, improving business profitability, leading mergers and acquisitions and business innovation in Telecom, ICT and Financial Services. Most recently, Mr. Sanger took up the role of interim Chief Executive Officer for 100% carve-out of an Australian telecom infrastructure player, providing strategic oversight and cross-functional leadership to drive successful Day 1 operational readiness. Previously, Mr. Sanger served in senior executive roles with Singtel Optus and ASX Listed Australian Finance Group as Chief Operating Officer.
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 6,500 people across five 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.
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Contact:
Sandra Sokoloff, Senior Director of Global Public Relations
Alvarez & Marsal, +1 212-763-9853, ssokoloff@alvarezandmarsal.com