ALVAREZ & MARSAL OPENS IN SWITZERLAND

The firm opens its first office in Switzerland as the next phase of its strategic growth plan and appoints four new Managing Directors

ZURICH, Nov 6 (Bernama-BUSINESS WIRE) -- Leading global professional services firm Alvarez & Marsal (A&M) is continuing its dynamic business growth in Europe with the opening of its first office in Switzerland, initially focusing on a range of advisory services. The firm has hired Sean Peyer and Patrick Schaub as Managing Directors within the Global Transaction Advisory Group. Jerry Lay joins as Managing Director in the Disputes and Investigations practice and Frank Herrmann comes in as Managing Director in the Healthcare and Life Sciences industry group, specializing in corporate performance improvement across healthcare and industrial companies.

Switzerland represents a significant market for A&M, given the substantial number of major Swiss businesses and international groups headquartered there. The Zurich office will be A&M’s 19th European office and will further support the increasing number of pan-European and global engagements the firm is undertaking with clients. A Geneva office opening and additional Managing Director hires across Switzerland are planned for 2020.

Antonio Alvarez III “Tony III,", Managing Director and A&M’s European Practice Leader, said: “The opening of A&M’s first office in Switzerland is a reaction to our clients’ needs and aligns with the firm’s strategic growth plan and our unique approach to serving clients through ‘leadership, action and results’. Our footprint in Switzerland will increase synergies for clients across Europe, especially in Germany, France and Italy, and will further enhance our ability to solve complex problems for them on a regional and cross-border basis. Sean, Patrick, Jerry, and Frank are critical to our ongoing ability to deliver value for clients. I am delighted to welcome them to A&M.”

The new Managing Directors are all seasoned professionals with decades of experience advising Corporate, Law Firms and Private Equity clients across Switzerland, Europe and around the world. Collectively, they have worked across multiple sectors including chemicals, consumer, financial services, energy, healthcare, industrial products, life sciences, manufacturing, media, pharmaceuticals, retail and technology.

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