Michael Nizet

Recently, Mr. Nizet served as group CEO for Royal Mosa, a leading PE-owned manufacturer of ceramic wall and floor tiles. He successfully turned around a cash-constrained business, achieving 4% higher EBITDA margins and 30% EBITDA growth vs. prior five-year historical averages. Mr. Nizet achieved this in a downturn with 10% less in sales from the new build market crisis and during the overhang of an energy crisis producing with ~2.5x higher gas costs. The results were achieved via factory efficiency measures, refocusing on core sales territories, headcount and spend reduction and outsourcing of factory disruptive activities.
Previously, Mr. Nizet served as Chief Transformation Officer and was responsible for cost savings in 15 countries for a global beverages business. Before that, he was interim Finance Director for Debenhams, a department store chain with €3 billion in revenues and €0.7 billion in debt. He was responsible for the financial restructuring, including new money financing, new hedging facility, offloading pension schemes from balance sheet, cash control and reporting.
Mr. Nizet has worked on financial restructurings and operational turnarounds of private equity backed, public and private businesses. He prepared business plans and 13-week cash forecasts, worked on refinancing, identifying EBITDA and working capital improvements, advising on structural options in distress and guiding through M&A. He worked on a PE-backed €380 million food production business, a €1.9 billion listed construction services business, a €160 million EBITDA petrol station business, a €450 million toy retailer Intertoys, a family-owned pipeline engineering services provider and Edcon in South Africa.
Prior to joining A&M, Mr. Nizet worked with Fiat Chrysler Automobiles (FCA) in London
Mr. Nizet earned bachelor’s and master’s degree from Maastricht University School of Business and Economics and completed an advanced corporate finance program at The London School of Economics and a valuation program at London Business School. A Dutch national, he is fluent in Dutch and English and advanced in German.