Julio Manero
Managing Director
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25+ years of turnaround and financial management experience
Works with clients across the food, distribution, construction, real estate and services industries
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Julio Manero is a Managing Director with Alvarez & Marsal in Madrid, Spain. He has over 25 years of turnaround and financial management experience and has worked with clients across a range of industries including real estate, construction, retail, distribution, telecom, and financial institutions and services.

Most recently at A&M, Mr. Manero served as the CRO and conducted a pre-insolvency process for Isolux—the 7th largest Spanish engineering and construction company with operations spanning across four continents. Previously, he participated in the restructuring process for the Spanish clean energy group, Abengoa, with a debt in excess of €10 billion. He served as deputy CFO and led the liquidity and cash management during the pre-insolvency process.

In addition, Mr. Manero co-led the Spanish Bad Bank (SAREB) project and managed the operational set-up, IT, accounting, and control processes of SAREB. During the engagement, A&M fully engaged with BoS, Frob, ECB and EC regulators. Prior to that, Mr. Manero led the design, modeling, and subsequent implementation of the business plan for a Spanish construction company with 25 subsidiaries in 15 countries. The engagement included the implementation of the reporting and control processes including a 2015 budget, 13 weeks cash flows, asset utilization, pipeline and backlog weekly reporting. Mr. Manero also led an A&M team with the pre-insolvency process for a Spanish subsidiary of a multinational tier 1 automotive supplier subsidiary.

Prior to joining A&M, Mr. Manero served as the finance director and later as the CFO for Riofisa, SAU. He was also responsible for financing more than sixty real estate projects for Riofisa’s portfolio asset management. He led a restructuring and turnaround plan for Riofisa to improve cash flow, reduce back-office costs and improve productivity. Previously, Mr. Manero served as CFO of Dole Food Spain—the world’s largest producer and marketer of fresh fruits and vegetables. He controlled all of the financial functions of the 10 Spanish subsidiaries, and designed and implemented the financial and administrative processes including the introduction of a new ERP system. He began his career at Arthur Andersen, where he specialized in the outsourcing of finance and administration functions.

Mr. Manero earned a bachelor’s degree in business administration from the University of Cadiz in Spain.