TSL Express Daily News

The Secured Lender

TSL-NOV24-COVR 

SFNet's 80th Annual Convention Issue
 

Intro content. Orci varius natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Curabitur iaculis sapien sagittis, accumsan magna ut, blandit massa. Quisque vehicula leo lorem, a tincidunt eros tempor nec. In quis lacus vitae risus egestas tincidunt. Phasellus nulla risus, sodales in purus non, euismod ultricies elit. Vestibulum mattis dolor non sem euismod interdum.

November 4, 2024

Source: Alvarez & Marsal

Mr. Fiorentino helps management teams drive value across all stages of the supply chain and procurement process bringing 25+ years’ experience to A&M.

NEW YORK, October 31, 2024 – Leading global professional services firm Alvarez & Marsal (A&M) announces the appointment of John Fiorentino as a Managing Director within the firm’s Private Equity Performance Improvement (PEPI) group. Mr. Fiorentino’s expertise unlocking procurement and supply chain-driven value creation, in support of private equity (PE) firms and their portfolio companies, provides the perfect blend of experience to expand A&M’s Procurement and Sourcing group’s strategic capabilities.

Mr. Fiorentino advises clients on supply chain solutions that account for increasing uncertainty marked by potential tariffs, inflation, and the challenges surrounding complex private equity (PE) deal activity. Mr. Fiorentino’s hire bolsters PEPI’s supply chain line of service and expands the firm’s ability to address complex supply chain matters.

With over 25 years of consulting and industrial experience, Mr. Fiorentino specializes in helping PE companies and their management teams derive value from cost of goods discipline, developing a systemic approach to procurement and upskilling their procurement teams to control/minimize external spend and drive incremental benefits from suppliers. His experience spans the full set of supply chain value levers, including procurement, manufacturing, distribution, and logistics, with a particular focus on process industries, such as automotive, industrial, consumer product goods, mobility, and packaging.

Christopher Kulp, a Managing Director and Leader of the firm’s Procurement and Sourcing group, stated, “Noted for his ability to help PE firms and portfolio companies realize value by untangling knotty supply chain issues, John’s significant, large-scale project expertise will benefit our clients. He understands the cross-functional levers of value, along with knowing how and when to pull them. That knowledge will help clients extract their assets’ maximum potential, drive growth and capitalize on the opportunities hiding behind supply chain challenges.”

Mr. Fiorentino’s track record includes leading multi-functional cost transformations and overseeing pre- and post-close operational diligence for mergers and acquisitions (M&A) to capture substantial value for private equity-owned companies.  His supply chain expertise covers a variety of different industries and sectors in manufacturing, distribution, and business services.

Prior to joining A&M, Mr. Fiorentino served as Partner with A.T. Kearney’s Private Equity practice, where he focused on operational value creation for large and midcap PE funds. His previous roles include business development and project leadership at Opera Solutions and Mitchell Madison Group, as well as six years of engineering and plant supervision in the specialty chemical industry.

PEPI Managing Directors Markus Lahrkamp and Tim Keneally jointly, added, “John’s extensive procurement and supply chain management background is rooted in the technical expertise required to navigate growing macro-economic, deal and multi-sector complexities. His experience further leverages A&M’s integrated platform for ensuring a seamless connection between operational strategy and real-world execution. John’s approach aligns with our results-driven focus for helping clients optimize performance and unlock value.  John coming onboard will further enhance our leadership position in solving complex supply chain issues for our PE clients.”

Mr. Fiorentino earned a bachelor’s degree in chemical engineering from MIT, a master’s in chemical engineering from Yale University, and an MBA in finance from Columbia Business School.

About Alvarez & Marsal

Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems.

With over 10,000 people providing services across six continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M’s restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world-class consultants, former regulators and industry authorities with a shared commitment to telling clients what’s really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.

To learn more, visit: AlvarezandMarsal.com.