Alvarez & Marsal (A&M) announced the addition of Rogers Herndon and Danny Boyer as Managing Directors to its Energy practice based in Houston. These hires demonstrate A&M’s commitment to helping clients in the energy industry address increasingly complex challenges to best maximize value.

With over 29 years of operating and leadership experience within the energy sector, Mr. Herndon specializes in corporate transformations, cash flow improvement, M&A planning and integration, strategic advisory and interim management roles. He has led major change initiatives and strategic M&A execution across the upstream, midstream, oilfield services and utility sectors.

Mr. Boyer brings over 17 years of experience partnering with clients across the industry on complex M&A transactions and business transformation efforts. His in-depth knowledge of shaping these programs, mobilizing and driving program governance and integrated execution, and realizing value through synergy capture and cost take-out bolster the firm’s M&A and corporate transformation capabilities.

“A&M’s focus on leadership, action and results aligns with the increasing complexity of our oil and gas sector clients’ needs from transaction to transformation,” said Tom Elsenbrook, Managing Director and Leader of Alvarez & Marsal Corporate Performance Improvement. “Danny’s track record of advising on successful, high-value transactions and Rogers’ nearly three decades of energy industry leadership complement and build upon the depth and breadth of our advisory services for clients.”

Most recently, as the former CEO of Quintana Energy Services, Mr. Herndon led the company as it pursued transformative consolidation and navigated the challenging market downturn in 2015 – 2016 and a subsequent IPO in February 2018. Earlier in his career, Mr. Herndon served as Executive Vice President and Member of the Office of the CEO for Reliant Energy. He has also held leadership roles with Bank of America Global Commodities, PSE&G, Enron and Dynegy, and was a co-founder of Phillips Royalty Partners.

Prior to joining A&M, Mr. Boyer served as a Managing Director at Deloitte Consulting, where he was a leader in their Energy M&A practice. During his career, he has advised on transactions across the oil and gas value chain and other capital-intensive sectors, serving large and mid-cap corporations and private equity firms.