Mr. Alvarez has led several complex Pan-European engagements, and has worked in every major country in Europe, including the U.K., Germany, France, Italy, Spain, Netherlands, Luxemburg, Switzerland, Finland, Norway, Sweden and Estonia.
Since transferring to Europe, he has also acted as team leader on several international advisory and operating improvement mandates, including Hagemeyer NV (23,000 employees in 35 countries), Dresser-Rand Group (more than 15 countries), Kion Group GmbH and CHC Group (more than 20 countries). On these assignments, Mr. Alvarez provided leadership and strategic focus, as well as execution support, to realize sales improvements, gross margin improvements, greater productivity efficiencies, staff reductions, capital expenditure reviews, cash management, improved financial reporting and right-sizing the capital structure to meet business mid-term needs.
Mr. Alvarez has also been directly involved or acted as senior advisor to engagement team leaders related to sovereign and / or financial institution strategic performance improvement / restructuring including Ireland (NAMA), Iceland (Kaupthing Bank) and Greece (Agricultural Bank, Postal Bank and the Consignment Bank).
He has previously acted in the following executive roles for European clients: Chief Restructuring Officer and Director of a leading international specialty chemicals manufacturer based in Switzerland with operations in 35 countries; European Restructuring Officer of Bridge Information Systems Europe, comprised of 40 operating entities located in 18 countries; Director of Concordia Bus AB and Concordia Bus Nordic AB; Director of Visiocorp, Director of TMD Friction Group, Director of ATU Entities, Chairman of the Supervisory Board of Treofan GmbH; and Chairman of Galvex Holdings Ltd. (Bermuda).
Before coming to Europe, Mr. Alvarez served as Chairman and CEO of Long Manufacturing and as President of Beaver Creek Holdings. Long’s principal suppliers and substantial stakeholders were UTB of Romania and Escorts of India. He also spearheaded the restructuring of Harvest Foods, a regional supermarket chain. In the mid-1990s, he was instrumental in improving performance at Pacific Trail and realizing value at Gitano, both leading apparel companies.
In the early 1990s, he was part of the team that streamlined and restructured Petrolane, Inc., the leading propane distributor in the U.S. at the time.
Mr. Alvarez earned a bachelor's degree from the University of Notre Dame and an MBA from Cornell University. He also attended the Université Catholique de L'Ouest in France as an undergraduate student and the Université de Louvain-La-Neuve in Belgium as a graduate student. He is fluent in French and English.