Global professional services firm, Alvarez & Marsal (A&M), appointed Joe Ghesquiere as a Dallas-based managing director in the firm’s corporate performance improvement (CPI) practice. The hiring of Ghesquiere, who focuses on revenue growth and margin optimization, organization design and operational turnaround, represents the next phase of A&M’s strategic plan to expand its corporate transformation offering.

Ghesquire advises clients on structural enterprise transformation and operational performance improvement. He has worked across multiple industries including manufacturing, industrials, aerospace and defense, energy, distribution and construction. His notable assignments include leading the transformation of a global industrial distributor, resulting in a $300 million increase to enterprise valuation in a subsequent acquisition.

Ghesquire returns to A&M, having worked in the firm’s CPI practice from 2011 to 2014.

“A&M’s breadth of expertise, results-oriented focus, and data-driven approach drew me back to the firm,” Ghesquire said. “The firm’s ability to drive change and deliver value for clients is a key market differentiator.”

After his initial tenure at A&M, Ghesquire spent six years with AlixPartners in Dallas, where he most recently served as director in their enterprise improvement practice. In that role, he led numerous successful large-scale enterprise transformations and project turnarounds.

“Joe has a successful track record helping clients across industry sectors achieve financial improvement targets through structural enterprise change,” William Lovis III, managing director and national solution leader for CPI’s corporate transformation services practice, said. “His background aligns with our operational heritage, and his deep transformation expertise will add value to clients seeking to drive change.”

“Joe’s expertise and the combined experience of our expanding team is essential to help spur growth and efficiency on behalf of our clients in what remains a highly volatile environment,” Lovis said.