July 16, 2024

Alvarez & Marsal Expands Its Life Sciences Group Capabilities Appointing Harry Kim as Managing Director

Mr. Kim helps clients unlock the promise of digital health to dramatically improve health and business outcomes.

New York – July 16, 2024 – Leading global professional services firm Alvarez & Marsal (A&M) announced the appointment of Managing Director Harry Kim within its rapidly growing Life Sciences (LS) group. Mr. Kim’s appointment follows on A&M's Life Science offering investments demonstrated by recent Managing Director hires James Guyton, Frank Orlowski and Rena Rosenberg.

With more than a quarter century of life sciences and healthcare experience, Mr Kim specializes in meshing cutting-edge technology into the highly regulated life science and healthcare ecosystem to access to new services, bend the cost curve of care delivery, and transform the patient experience.

Mr. Kim’s notable achievements include building a $1B new business (digital hospitals); delivering health services to over 65M monthly active users (global health app); developing industry-leading cardiac rehab-at-home service (wearable + app); and scaling telehealth adoption to millions of users. He has engaged with governments and enterprises, on critical digital health implementation and delivery issues, in over 40 countries.

Mark Freitas, Managing Director and Life Sciences Practice Leader, stated “Harry's joining our team is a game-changer. His unparalleled expertise in digital health and proven track record of driving innovation align perfectly with A&M's commitment to delivering transformative solutions. His blend of consulting prowess and hands-on operating experience epitomizes A&M's distinctive approach to client service. Our team has walked in our clients' shoes, giving us a deep understanding of what it takes to drive real change in organizations. This allows us to provide actionable recommendations and deliver tangible results that truly move the needle for our clients. Harry's addition to our rapidly growing team is yet another signal of A&M's momentum as the market increasingly seeks alternatives to traditional players.”

Prior to joining A&M, Mr. Kim served as Global Business Leader for Samsung Health delivering services to over 360M users on mobile and wearable platforms. He also served as Hewlett Packard’s Global Health & Life Sciences Industry Lead growing that company’s business from $3B to over $11B in revenue during his tenure. Mr Kim’s other roles include serving as Chairman and CEO for a telehealth start-up pioneering a new digital therapeutic and as Senior Vice President & General Manager for Amwell, a global telehealth leader.

Mr. Kim began his career as a consultant with EY and Deloitte. While serving at those firms he led market transaction engagements including HP’s $18B IPO spin-off of Agilent Technologies and Agilent’s $1.7B health group sale to Philips.

Tom Elsenbrook, Managing Director and Leader of A&M’s Corporate Performance Improvement group, noted, “Our Life Sciences talent growth strategy is based on broadening the reach of A&M’s integrated platform to best meet client needs in a complex marketplace. Harry’s industry and Big Four experience provides clients with the roll-up-your-sleeves strategy implementation expertise necessary to navigate and thrive in a rapidly changing environment.”

Martin McGahan, a Managing Director and Head of Alvarez & Marsal’s Healthcare Industry Group (HIG) added, “Our Life Sciences business unit is market-focused and supported by collaboration across the firm’s global platform of industry experts. A&M’s ability to seamlessly integrate a range of practitioner experience, such as Harry’s, fuels our collective power to help clients overcome industry pressures and reap the benefits of growth and profitability.”

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 10,000 people across six 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  
 

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