Alvarez & Marsal (A&M) has added James Marceau as a managing director in its private equity performance improvement group. Mr. Marceau will be active within A&M’s aerospace, defense and aviation practice and will be based in the firm’s Boston office.
Mr. Marceau has more than 25 years of experience advising US and foreign governments and the US Department of Defense. Additionally, he has worked with original equipment manufacturers, prime contractors, and suppliers across the defense industry. Mr. Marceau has specific expertise in mergers and acquisitions advisory, financial performance improvement, data science and analytics, artificial intelligence, machine learning, business strategy, adaptive manufacturing, and supply chain management
“The industry is facing a whirlwind of vulnerability and uncertainty amidst on-going investment commitment, government requirements, research and development, engineering and innovation challenges,” said Nick Alvarez, managing director and national practice leader of A&M’s private equity performance improvement group. “A&M’s history of leadership, action and results in challenging situations syncs well with our growing aerospace, defense, and aviation practice, as well as the firm’s proven ability to maximize value and drive change.”
“Recent events in commercial aviation, the impact of COVID-19, and challenges across the defense industrial base has led to unprecedented sector uncertainty along with financial and operational challenges,” said Mr. Marceau. “The success of our defense industrial base concerns both shareholder value and national security. This pandemic will progress from a global health crisis to a global financial crisis impacting most sectors for many years to come. Combining my industry experience with A&M’s operational heritage and integrated platform will help our aerospace, defense and aviation clients perform at the highest levels.”
Before joining A&M, and from 2015 to 2020, Mr. Marceau was a partner and member of the board of directors with Cambridge, Massachusetts-based PA Aerospace and Defense which was spun out from London-headquartered PA Consulting in April 2020. Previously, he had served as president and CEO of Hitachi Consulting’s aerospace and defense business.
New York City-headquartered Alvarez & Marsal is a professional services firm that specializes in turnaround management, operational performance improvement and business advisory services. The firm was founded in 1983 and has more than 4,500 employees across four continents.
Private Equity Professional | August 10, 2020
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