Daily News: April 18, 2014

Alvarez & Marsal Appoint Tom Teixeira as Managing Director

Alvarez & Marsal appointed Tom Teixeira as a Managing Director in its growing Risk Advisory Services practice.

Teixeira will expand A&M’s offering to focus on risk advisory and business resilience at a time when businesses are faced with increased complexity and regulation on a global basis.

Teixeira has nearly two decades of experience in using risk management to drive business performance, working with the likes of Willis Group, Rolls-Royce and the UK Ministry of Defense. His experience covers multiple industry sectors, including aerospace and defense, life sciences, metals and mining, and oil and gas, among others.

Jim McDermott, managing director and practice leader for A&M’s Insurance and Risk Advisory Services in New York, said “In an increasingly complex world, boards and senior executives want risk management to drive business performance. With companies under huge pressure to cope with growing regulatory challenges, this is the perfect time to extend our offering in Europe and Tom is the right person to lead that.”

“Effective risk management is crucial to driving business performance and assurance,” Teixeira, based in London, said. “I’ve joined because A&M provides the capability to offer a truly independent risk advisory service based on ‘real life’ experience, providing businesses with the tools to thrive using effective risk management as a real differentiator.”