AlixPartners welcomed Paolo Rinaldi as partner and managing director in the firm’s Italian turnaround and restructuring practice, just a few weeks after the inauguration of its new Milan offices in Corso Vittorio Emanuele II. This reinforces the global consultancy firm’s historical leadership in assisting clients in the management of complex corporate and financial restructurings, distressed M&A transactions and special situations.

Paolo, a chartered accountant from Modena, Italy, has over 30 years of experience in the world of corporate and insolvency law, strategic consulting in restructuring and insolvency situations, the negotiation and implementation of corporate restructuring processes and the management of non-performing loans. Prior to joining AlixPartners, Paolo was the founding partner at Studio Rinaldi, operating in banking, finance, restructuring and M&A sectors at a national level. In addition to lecturing at universities and conferences, he is a regular contributor to leading Italian publications specializing in corporate crisis and regularly participates as a speaker at numerous conferences on turnaround and restructuring.

He holds a degree in economics and commerce from the University of Modena and has over 20 years of experience in the corporate bodies of several listed banking groups.

“It is a pleasure to announce that Paolo Rinaldi has joined our team. Paolo is one of the most recognized professionals in Italy in the management and resolution of corporate crisis situations, acting as advisor and holding roles as chief restructuring officer or commissioner in complex situations where AlixPartners has a proven leadership,” Dario Duse, managing director and Italy country leader of AlixPartners, said. “His 30 years of experience in these specific areas will further strengthen and complement the services offered to our clients in the most critical phases of industrial and financial reorganizations and subsequent corporate revitalization.”

“I am honored to join a global consulting firm like AlixPartners, and a team widely recognized for its ability to assist and support companies, shareholders and stakeholders in achieving ambitious objectives, including the most critical restructuring situations,” Rinaldi said.