Global professional services firm, Alvarez & Marsal (A&M), appointed Atlanta-based Chris Lanman as a managing director in the firm’s private equity performance improvement (PEPI) practice. Lanman joined A&M from KPMG and brings more than 25 years of in-depth, high-tech strategy and deal advisory consulting experience within the semiconductor, hardware, cloud computing and software industries.
Lanman will be working with Carlos Vincentelli, a managing director with PEPI and one of the leaders of A&M’s proprietary Rapid Results Program and Operational Diligence practice and his growing team. Lanman will help expand these service offerings, as well as the firm’s accelerated approach to performance improvement that supports its private equity (PE) fund and corporate clients. Concurrent with the passing of the CHIPS and Science Act to boost U.S. semiconductor R&D and production, Lanman’s deep sector experience advances PEPI’s industry expertise and aligns with investor needs in this rapidly changing U.S. market.
Lanman specializes in performance improvement, cost and process optimization, due diligence, integration planning and value creation for private equity firms and corporate enterprise. He has led selling, general and administrative (SG&A) optimization, direct/indirect spend reductions, supply chain target operating model design, and sales and operations planning (S&OP) design and implementation.
“We are committed to helping PE fund managers mitigate risks that can arise following portfolio company transactions,” Nick Alvarez, managing director and PEPI’s national practice leader, said. “Chris’ laser focus on portfolio company value creation coupled with his operational and cross-enterprise integration planning expertise, mirrors A&M’s performance improvement approach and reflects our bias towards action.”
“Chris’s hire augments our team’s bench of industry veterans, functional experts, and experienced operators,” Vincentelli said. “Capital-intensive demands for refurbishing domestic semiconductor manufacturing will likely spur PE investment. Chris’s track record of identifying opportunities, aligns with the mission of A&M’s Rapid Results Program and furthers our ability to help PE clients, across multiple industries, maximize the value of their technology and semiconductor portfolio companies.”
