Daily News: June 3, 2013

Cassidy to Co-Lead AlixPartners Energy Practice

AlixPartners announced that Dennis Cassidy joined as a managing director and co-lead of the firm’s Energy Practice. Cassidy, who has more than 20 years of industry and consulting experience leading strategy-based transformation, growth and profit-improvement programs for global oil, gas and chemicals companies, started his career with ExxonMobil and was most recently a vice president in the global oil, gas and chemicals practice at Booz & Co. He is based in Texas.

Fred Crawford, CEO of AlixPartners, said, “It’s no secret that the entire energy industry is facing unprecedented challenges today, from scaling up to deal with new natural-gas discoveries on the one hand to coping with low energy prices and high overcapacities on the other. AlixPartners is a firm well-versed in helping companies, owners and other stakeholders deal with big change, including in the energy sector, where we’ve worked for years. Dennis’s deep background and experience in the industry makes our offering all the more attractive to energy players who want to wind up as winners in the future.”

Cassidy’s areas of expertise include business transformation and performance improvement through portfolio optimization, supply-chain optimization and due diligence, as well as post-merger integration, cost reduction and growth strategies.