Paris, 22nd March – Leading global professional services firm Alvarez & Marsal (A&M) has strengthened its Corporate Transformation Services team with the appointment of Olivier Duval as a Managing Director in the Paris office and Olivier Maltese as Managing Director in London and Paris. The hiring of Mr. Duval and Mr. Maltese continues to diversify A&M’s offerings regionally and globally while building upon the firm’s operational heritage and commitment to driving change and delivering results. At A&M, Mr. Duval and Mr. Maltese will work with clients facing transformational challenges.
Mr. Duval brings 25 years of senior leadership and industry experience, specialising in process industries, chemicals, and construction materials. Prior to joining A&M, he served as Chief Operating Officer and Chief Restructuring Officer of Ascometal, where he led a major transformation of the supply chain and cost reduction program.
Before this, he held roles as Partner at Bain & Company and as Vice President at Mercer Oliver Wyman. Notable past consulting projects include managing the transformation of a large glassware producer, which involved the review and redesign of its industrial footprint. He also delivered a large cost reduction plan, the divestment of non-core activities and brand repositioning.
With more than 20 years’ experience at both Deloitte and PwC, Mr. Maltese has led and supported over 80 M&A post-merger integration and carve-out programs. He has deep experience in designing and implementing integration models, including for cross-border transactions. His hiring will bolster the firm’s M&A offering to create valuable change for France-based clients.
Mr. Maltese joined A&M from PwC, where he most recently served as a Partner within the Delivering Deal Value practice, co-leading the Industrials platform. His industrial experience includes the carve-out of a producer of a high-performance steels business and the merger integration of two global players in railway transportation. He also brings knowledge of the life sciences sector, having worked on a major pharma merger and the finance transformation of one of the largest UK-based healthcare companies.
Guillaume Martinez, Managing Director and Head of Corporate Transformation Services in France, said: “Over the past two years, A&M has grown rapidly in France, with a 200 percent headcount increase at the Paris office. This growth is testament to A&M’s collaborative approach across our business lines to provide clients with tangible results to maximise value. We believe the addition of Olivier Duval and Olivier Maltese, along with their combined industrial sectors experience, will strongly benefit A&M’s clients.”
Florent Maisonneuve, Managing Director and co-lead of Industrials Europe, said: “These appointments will help us strengthen our ability to advise industrials clients on a global level by defining and driving their transformational agenda. Their deep expertise will enable clients to implement transformation programmes effectively and accelerate sustainable bottom-line results.”
Mr. Duval said: “It is an exciting time to be joining the A&M team in Paris, with a number of key hires in recent months and rapid expansion over the past two years. The growth in France and across Europe speaks to the firm’s commitment to drive change and deliver results.”
Mr. Maltese said: “A&M’s ability to support businesses with the carve-out of complex operations, particularly within the industrials space, provides companies with a critical advantage for turning challenges into opportunities. I look forward to helping our clients maximize value and achieve their business objectives.”
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