A&M Consumer and Retail Practice Leader
Led and managed multiple enterprise transformations
Experienced in driving process and cost improvement across all major functions
The future is determined by today's decisions
Mike Simoncic is a Managing Director and leader in Alvarez & Marsal's A&M Retail Performance Improvement Group. Mr. Simoncic specializes in working with retailers and consumer brands to implement enterprise-wide performance improvement initiatives that drive both top and bottom line impact.
Mr. Simoncic has worked across all major retail segments: specialty retail, department stores, big box, soft goods and hard goods.
Mr. Simoncic has helped consumer brands and retailers improve merchandising processes and effectiveness. He has helped merchant organization design new process and organizational structures. He has worked with merchant organizations to accelerate product design and development processes, strengthen assortment plans and implement new pricing / promotion policies.
Mr. Simoncic has also worked extensively with sourcing and supply chain organizations to lower manufacturing and other party costs. He has helped organizations implement new distribution models and lower fullfillment and warehousing costs.
Moreover, Mr. Simoncic also had deep experience working with store operations and marketing. Mike started his career focused on marketing and helping companies improve in-store customer experiences. He has lead quantitative and qualitative customer research initiatives, developed in-store sales and customer service training.
Mr. Simoncic helped create loyalty marketing solutions for consumer product companies, on-line retailers, financial service companies and NASCAR. In this role, he was a frequent presenter at trade shows and conferences on the topic of loyalty marketing, one-to-one marketing, and marketing analytics.
Overall, Mr. Simoncic has served in multiple leadership roles including Interim SVP Store Operations, Enterprise Transformation Leader, Sourcing Leader, and Large Scale Account Management Leader.
As part of Mr. Simoncic's experience, he has also worked with a number of distributors helping them improve merchandising strategies and lower operating costs. He has led over 200 distinct
Mr. Simoncic earned an MBA from the University of Michigan's Ross School of Business. He also earned his undergrad degree from the University of Michigan. Mr. Simoncic has also served as an adjunct professor Business Transformation for Washington University's Olin School of Business.