Antonio Alvarez III ("Tony III")

Managing Director
Launched A&M in Europe
Pioneered using turnaround skills/execution capabilities in non-troubled situations to unlock operating value
London
@alvarezmarsal
LinkedIn
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Antonio Alvarez III is a Managing Director with Alvarez & Marsal in London, and leads the firm’s European practice, which he pioneered in 2001 (now over 2,500 professionals in EMEA).

Mr. Alvarez has played an integral role in high-profile turnarounds and performance improvement projects, including carve-out/merger-integrations. He brings over 30 years of experience serving public and privately owned companies, and has worked in the U.K., Germany, France, Italy, Spain, the Netherlands, Luxemburg, Switzerland, Finland, Norway, Sweden, Estonia, Romania and the UAE, as well as in the U.S., Africa and Asia. Over the last 10 years, he has led the turnaround of several systemic risk businesses.

Since transferring to Europe, Mr. Alvarez has acted as team leader on international advisory and operating improvement mandates with a number of high-profile multinationals, including Estée Lauder, Rolls-Royce PLC, a Fortune 250 international corporate real estate company, Accor, NMC Healthcare, Endemol Shine Group, Agrokor and BMI Hospitals.

Mr. Alvarez has provided leadership, strategic focus and execution support to realize sales improvements; gross margin improvements and greater productivity efficiencies, overseeing plant closures and consolidations; and throughput manufacturing improvements. He has improved operational control and predictability of results, staff reductions, capital expenditure reviews, cash management, financial reporting and right-sizing the capital structure to meet business mid-term needs, including restoring best practice corporate governance. He has also led several M&A processes in complex situations.

Mr. Alvarez has been involved or acted as senior advisor to engagement team leaders related to sovereign and financial institution strategic performance improvement/restructuring in Ireland (NAMA), Iceland (Kaupthing Bank), Greece (Agricultural Bank, Postal Bank and Consignment Bank) and the Philippines (Philippine Airlines), as well for multiple engagements involving Monitor, the U.K. healthcare regulator. He has acted in executive roles for European clients, including Chief Restructuring Officer of NMC Healthcare, CRO and Director of Edcon Group, CRO of Abengoa Group and Chairman of Ayming Group in France.

Mr. Alvarez earned a bachelor's degree from the University of Notre Dame and an MBA from Cornell University. He is fluent in French and English and proficient in Spanish and Italian.

Insights By This Professional

Antonio Alvarez III shares his views on the importance of Environmental, Social, and Governance (ESG) principles being integrated into business operations.
The practice supports ESG integration into A&M’s core services to achieve sustainability-linked transformation for clients,
Leading global professional services firm Alvarez & Marsal (A&M) has announced a slate of new Country Heads across Europe, the Middle East and Africa (EMEA) for 2024.
H Δρ. Κάλλια Γκαβέλα, αναγνωρισμένο στέλεχος με εξειδίκευση στον κλάδο, ορίστηκε Επικεφαλής της ομάδας Αντιδικιών και Ερευνών της Α&Μ στην Ελλάδα
Latest insights The latest insights from Antonio Alvarez III ("Tony III")'s team
In the current tough economic environment, management and shareholders need to take action to improve the profitability and liquidity of their business assets. This exercise requires the process of reviewing the organization’s legal structure, its divisions, sites, factories, and products.
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