Global professional services firm Alvarez & Marsal (A&M) hired Gaurav Malhotra within its North American commercial restructuring practice as a managing director and executive committee member. Malhotra’s appointment builds on the recent addition of managing director Elan Ben-Avi.
Malhotra helps clients solve for wide ranging restructuring and operational improvement concerns and works across multiple sectors, including automotive, airlines, agriculture, construction and engineering, education, energy, government, healthcare, industrials, pharmaceuticals and transportation and logistics. Noted for his expertise in executing strategic transformations and liquidity enhancements, clients benefit from his experience in leading multi-party negotiations, developing and optimizing cost reduction and commercial pricing plans and providing expert testimony.
“Gaurav’s joining our practice strengthens our leadership team and further demonstrates A&M’s commitment to developing solutions and executing plans that create value for our clients,” Jeff Stegenga, managing director and North American commercial restructuring leader of A&M, said. “He approaches restructuring from the vantage of generating sustainable profitability. His track record of identifying and nurturing talent, alongside his results-driven mindset, align seamlessly with A&M’s operational heritage and senior-leader led engagement strategy.”
Previously, Malhotra served as a partner at EY, where he led that firm’s U.S. restructuring practice. During his tenure at EY, he served as financial advisor to the financial oversight and management board for Puerto Rico, aiding in the restructuring of $70 billion in debt and $55 billion in pension obligations. Prior to that he worked with Fortune 100 and middle-market clients on in-court and out-of-court restructurings, serving as an advisor, strategist and transformation leader to its boards of directors and C-suite members.
“A&M’s integrated platform and history of devising bespoke solutions to clients’ unique concerns provides an exceptional foundation for navigating complex restructuring problems and negotiations across multiple sectors and geographies,” Malhotra said. “My commitment to driving change with practical, results-oriented approaches that address today’s challenges and anticipate future needs, aligns perfectly with the firm’s value proposition.”
Malhotra earned an MBA in finance and business policy from Case Western Reserve University. He is a Chartered Financial Analyst and a member of the Turnaround Management Association and the American Bankruptcy Institute.
