Ben Paice

Managing Director
16+ years of experience in restructuring and advisory roles
Experienced debtor advisor, taking interim management and financial turnaround roles
Proven track record delivering improvements to liquidity forecasting and cash management
London
@alvarezmarsal
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Ben Paice is a Managing Director with Alvarez & Marsal Restructuring in London. He brings 16 years of experience in restructuring and advisory roles and has spent the past eight focusing on debtor-side assignments, often taking interim management positions to work directly with corporates, their Boards, and their key external stakeholders.

Mr. Paice has worked across a variety of industries, including financial services, oil and gas, business services, and retail. He has taken Board appointments across a number of geographies, as well as interim management positions in businesses facing significant financial pressures. 

Notably, Mr. Paice took several Board appointments in a global financial services business, stabilizing central operations and the underlying businesses before a transfer of ownership of the business. He also served as the interim CFO of a Sweden-based oil refinery, developing and implementing new cash-flow forecasting and reporting processes while the business went through a period of heavily constrained liquidity, as well as implementing new inventory financing facilities, rolling out improved stakeholder reporting, and developing a business plan to ensure ongoing support from key stakeholders.

Mr. Paice’s other notable assignments include advising the Board of a listed recruitment business through its restructuring of existing lending facilities, with a focus on liquidity preservation and enhanced forecasting; working with the CFO and CEO of a fintech business to enhance governance and reporting following an institutional capital raise; and advising a global luggage business in the restructuring of its debt facilities and development of a multiyear business plan to support the injection of additional liquidity.

Prior to joining A&M, Mr. Paice worked in the debtor-side Restructuring teams at AlixPartners and THM Partners, where he held Senior Leadership positions.

Mr. Paice earned a bachelor’s degree in economics and finance from the University of Bristol. He is a member of the Association of Chartered Certified Accountants.

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In 1981, shortly after Jack Welch became CEO of General Electric (GE), he issued a now-famous directive: Each of the company’s business units had to be number one or two in their markets; if not, they’d have to fix, sell or close it.
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