Alvarez & Marsal hired Gary Rahl and Joseph Halverson as managing directors in its energy practice.
Rahl specializes in public-private collaborations, from strategy through implementation, to make clean energy successful at scale for clients. He focuses on funding and finance strategies, clean energy and renewable energy performance improvement, grid modernization, industrial decarbonization, transportation and building electrification, distributed energy resources, energy market enablement and data/digital strategies.
Halverson is noted for his operational strategy expertise and oil and gas, mining and industrial experience across the globe. He advises clients on large scale operating model changes, operational improvements, and upskilling technical talent for large energy and mining clients.
“Hiring Gary and Joseph demonstrates A&M’s commitment to helping clients maximize value from clean energy investments and operations,” Lee Maginniss, managing director and energy practice leader at Alvarez & Marsal, said. “Their deep industry knowledge and innovative approach aligns with our transformation focus and legacy of solving complex problems across the spectrum of industry challenges.”
Prior to joining Alvarez & Marsal, Rahl served as a managing director with Deloitte Consulting and as an executive vice president with Booz Allen Hamilton. In both roles, he built and led energy and climate consulting practices to drive growth and market penetration. His key engagements included:
- Leading and developing a statewide energy data access platform to spark growth of clean energy solutions in New York
- Providing financial business model and market development analysis to a regional clean hydrogen hub project portfolio
- Designing and securing federal funding for energy efficiency and electric vehicle charging programs in Pennsylvania and Virginia
- Managing investments in breakthrough energy technologies for the U.S. Department of Energy;
- Structuring more than $10 billion in energy projects at U.S. military bases for origination
Halverson joined Alvarez & Marsal from Boston Consulting Group, where he served as a partner and a member of the firm’s people and organization practice and energy practice. His notable assignments included the:
- Functional and business unit transformations of multiple global oil and gas companies
- Evaluation and recommendations for divesting a large integrated oil and gas company’s global gasoline retailer
- Value chain improvement project for an integrated liquified natural gas business unit.
“The industry’s need for operational and strategic focus has never been greater,” Rahl said. “A&M’s operational heritage and results-driven orientation positions the firm to help clients navigate a challenging landscape with constantly evolving regulatory requirements.”
“A&M’s integrated platform, geographic coverage and sector-wide expertise enhances value creation opportunities and the development of innovative solutions for energy and mining clients,” Halverson said.