Dee Chung

Managing Director
20+ years of experience
Focuses on complex restructuring and turnaround situations, specializing in distressed and special situation environments
Expertise across TMT, electronics, manufacturing, FMCG, internet platforms, EPC, petrochemicals, and automotive industries
Seoul
@alvarezmarsal
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Dee Chung is a Managing Director and Partner with Alvarez & Marsal in Seoul. He leads A&M’s Korea Restructuring practice.

With more than 20 years of experience, Mr. Chung specializes in distressed and special situation environments requiring the integration of financial restructuring, operational improvement, and capital solutions. He advises companies, creditors, private equity sponsors, and other stakeholders on stabilizing operations, restructuring balance sheets, and repositioning businesses for sustainable performance in both in-court and out-of-court contexts.

Drawing on experience across corporate and private equity environments, Mr. Chung brings a strong background in strategy and corporate development, enabling him to bridge financial restructuring with operational and strategic execution.  

Mr. Chung has worked across a broad range of industries, including technology, media and telecommunications (TMT); consumer electronics; manufacturing; fast-moving consumer goods (FMCG); retail and consumer internet platforms; engineering, procurement and construction (EPC); petrochemicals; and automotive.

Mr. Chung’s significant hands-on leadership experience includes interim executive roles in complex restructuring and turnaround situations. He served as interim CEO of a German multinational automotive parts manufacturer, leading a company-wide restructuring and stabilization program, and as a de facto interim CEO of a private equity–owned FMCG group, where he led an operational and organizational turnaround.

Mr. Chung has also advised a Korea-based portfolio company of a global private equity sponsor on a pre-emptive financial and operational restructuring, helping stabilize liquidity and preserve enterprise value.

Mr. Chung has played key roles in court-supervised and cross-border restructuring situations, including serving as the Korea receiver for a US fast-fashion company undergoing Chapter 11. He also led the Korea-side restructuring workstream for a global coworking platform undergoing Chapter 11 in the US.

Prior to joining A&M, Mr. Chung held strategy, corporate development, and operational leadership roles with BRV Capital Management, Samsung SDS, and LG Electronics.

Mr. Chung earned a bachelor’s degree in English literature from Sogang University and studied at the State University of New York. He served in the Korean Navy as a Lieutenant and interpretation officer. He is fluent in Korean and English.

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Thought Leadership
Financial distress is accelerating and becoming more entrenched across European businesses as mounting macroeconomic and geopolitical pressures eroded both earnings and balance sheet resilience in 2025. The latest A&M Distress Alert highlights 13.5% of companies in Europe are now classified as distressed, the highest level since at least 2022 and up from 8.6% in 2024.