Alvarez & Marsal (A&M) has promoted Managing Director Seth Bullock to Co-Head of the Southern Region for its North American Restructuring & Turnaround division alongside Managing Directors Brian Cejka and Jonathan Hickman. Mr. Bullock’s promotion strategically combines A&M’s deep restructuring capabilities and operational expertise to help oil and gas clients navigate current and anticipated disruption challenges.
Bullock leads A&M’s Oil & Gas Restructuring practice and advises distressed companies, lenders and creditors on both in-court and out-of-court restructurings and turnarounds. He has more than 20 years of restructuring, interim management, liquidity management, distressed investing, capital raising and distressed mergers and acquisitions (M&A) expertise concentrated across the energy spectrum, including exploration and production (E&P), oilfield service, midstream, biofuel / renewables, power and refining and marketing.
“Seth has been fundamental to the extraordinary growth and expansion of our restructuring work in the oil and gas industry and the Southern region,” said Jeff Stegenga, Managing Director and leader of Alvarez & Marsal’s North American Commercial Restructuring practice. “When Seth joined A&M in 2014, his goal was to build a world-class oil and gas restructuring practice. He has more than achieved this through steadfast dedication to the firm’s leadership, action, results approach and unwavering commitment to his clients. His accomplishment illustrates how A&M’s integrated platform and the firm’s heritage of operational excellence generate value for our clients while fostering opportunities for career growth.”
Lee Maginniss, a Managing Director with Alvarez & Marsal’s Corporate Performance Improvement practice, said, “Shifts within the oil and gas industry will reverberate with clients for years to come. Leaders such as Seth, coupled with A&M’s continued commitment to the sector, enhance our ability to address clients’ complex concerns with solutions spanning from turnaround advisory to operational improvement.”