Mr. Franzone has more than 30 years of senior business experience and has served as a managing director with investment banking firms and turnaround investment organizations.
Mr. Franzone was nominated to be a member of the Technical Commission in charge of legislative modifications to the Bankruptcy Law by Italy’s Ministry of Giustice in March 2015.
Mr. Franzone he has led and supervised numerous projects, including the analysis and pricing of a large corporate credit portfolio and the re-organization plan (from divisional to functional) of a large leisure group. Additionally, he assisted the board of a listed electronics group in the reassessment of its financial monitoring and forecasting systems.
Mr. Franzone has also served as CEO and CRO of Tecnopali Group, an Italian group specializing in the development and production of poles and masts for public lighting and low-high tension distribution. In this role, he led the operational turnaround and the financial restructuring process under a 182-bis procedure pursuant to art. 161-sexties of Italian bankruptcy law.
Prior to this, he served as CEO and CRO of Eukedos (formerly Arkimedica), a listed holding company of a managed-care group, where he led the operational and financial restructuring process under a Concordato Preventivo procedure.
Previously Mr. Franzone served as adviser to the Board of Sixty Group, a producer and distributor of fashion apparel and accessories. There, he led the restructuring team on the renegotiations of the client’s financial debt with the banks and overdue payables with trade suppliers. Additionally, he has advised the Commissioners of Mariella Burani Fashion Group on the strategy review and submission of the business plan to the court as part of the filing process.
He has also advised the board of a financial services firm on its liquidation plan and a leading maker of rotogravure publishing presses on the implementation of its restructuring plan.
Priot to joining Alvarez & Marsal, Mr. Franzone served as Managing Director on the board of Management & Capitali, an investment firm focused on restructuring and turnaround situations with managed assets in excess of €450 million.
Earlier, he served as CEO and lead investor of a successful leveraged buyout of Leggiuno, an Italian €40 million textile company. Mr. Franzone began his career at SOPAF, an Italian private equity firm that provides buy-out / buy-in financing and growth capital to small and medium sized enterprises.
During his 16 years in investment banking, he advised several corporations on their funding and capital structuring needs. He led more than 50 M&A transactions worth $48 billion, as well as several equity or bond offerings for an aggregate value of $10 billion.
In 1988, Mr. Franzone served as Italy country head and CEO of investment banking at UBS. From 2002 to 2004, he was head of investment banking, Italy and a member of the global investment banking committee of Calyon S.A., Crédit Agricole’s investment bank.
Mr. Franzone earned a bachelor's degree in business administration, cum laude, from Università Luigi Bocconi in Italy.