Alvarez & Marsal (A&M), one of the world’s leading professional services firms, announced the appointment of Lawrence Hutter as CEO of its European corporate solutions businessHutter will lead the expansion of A&M’s offer of high-end business advisory solutions to leading companies across Europe. This builds upon the firm’s 30-year pioneering heritage in turnaround management, its growing U.S. corporate consulting business serving primarily Global 1000 companies, and its growing Private Equity Services business.
Hutter joins A&M from Deloitte, bringing more than 25 years of experience working with some of the world’s best-known global companies on a wide array of strategic business performance improvement initiatives across multiple industry sectors.
Ultimately serving as global head of Deloitte’s consumer industries practice for almost a decade, Hutter began his career at Andersen Consulting before setting up his own strategic advisory firm which was subsequently acquired by Deloitte. His leadership in the consumer sector has resulted in his being a much sought after speaker at major industry events around the world.
A&M has also named Philip Gore-Randall in the role of chairman of its European corporate solutions group. During his executive career, Gore-Randall has served as chief operating officer both at Aon UK and HBOS plc and was U.K. managing partner and then chief operating officer for the worldwide practice of Andersen. He brings extensive leadership and board experience across a wide range of industries in the U.K. and internationally, and holds a number of other chairmanships and advisory roles.
Known for fixing underperforming businesses, A&M has evolved to meet the demands of European corporates at every stage of their development. The latest in a series of senior hires for the European practice includes the recent appointments of Dan Murphy, a leading retail industry specialist, with board-level roles at the likes of Makro and River Island; Paolo Cavallo, a leading global consumer products industry specialist and former senior executive at Reckitt Benckiser; and Iain Coucher, former Chief Executive of Network Rail, a specialist in transportation and infrastructure. Stuart Ells, who joined A&M in 2011, brings senior-level media industry expertise, having previously held the position of CFO at EMI Music and Malcolm McKenzie, a Managing Director with A&M since 2006, continues to head the corporate solutions team in the U.K., bringing 25 years’ experience in advising senior management and boards on improving top- and bottom-line performance.
“The markets we serve make choices every day about which firms they turn to at crucial milestone moments,” said Tony Alvarez II, co-founder and co-chief executive officer, Alvarez & Marsal. “They need to be nimble and keep pace with a dizzying array of changes in the business environment. For companies to thrive and survive, it’s sometimes necessary to bring in a trusted adviser that can help accelerate action, inject a sense of urgency and deliver real results and in real time. This is what we’ve always done in crisis settings and for the private equity community, and it’s what sets our firm apart from traditional management consulting firms around the world.”
“A&M’s restructuring heritage is a core part of the firm’s DNA,” said Lawrence Hutter, CEO of A&M’s European corporate solutions group. “This firm has shown that its approach to both analysis and hands-on execution is applicable to businesses at all stages in their development, helping them to adapt and succeed in a world of constant change. I am passionate about building businesses and look forward to taking on the challenge of expanding A&M’s transformational performance improvement services for leading businesses across Europe.”
“Lawrence Hutter brings an exceptional track record in serving public, private and family-owned companies,” said Antonio Alvarez III, managing director and head of A&M’s Restructuring and Private Equity Services in Europe. “We are delighted that he has joined our firm to build A&M’s corporate solutions business in Europe. Today’s announcement demonstrates A&M’s commitment to hiring world-class leaders who deliver solutions and results.”
Alvarez & Marsal is a global professional services firm that is privately owned and operated by its worldwide partners. With more than 40 international locations, A&M blends together proven operating, industry and consulting experts who deliver hands-on leadership and rapid results as trusted business advisors or in interim management roles.