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Alvarez & Marsal Hires Managing Director in North American Restructuring & Turnaround Group

December 12, 2019, 08:55 AM

Alvarez & Marsal (A&M) announces Lisa Price has joined A&M as Managing Director in Atlanta in its Restructuring & Turnaround practice. Ms. Price will leverage her wealth of global restructuring and leadership experience to strengthen the firm’s turnaround and restructuring service offerings.

For over two decades, Ms. Price has led and executed business development initiatives across the globe, specializing in mergers and acquisitions across the industrial, energy, and oil and gas industries. She also has deep experience and expertise in strategy and business operations.

“Lisa has a track record of demonstrated success in spearheading transformational business growth in the United States and abroad,” said Jeff Stegenga, Managing Director and leader of A&M’s North American Restructuring practice. “The experience and skillset she brings to us as a seasoned leader will be instrumental in expanding and strengthening our restructuring and turnaround service capabilities.”

Prior to joining A&M, Ms. Price worked at General Electric Company (GE), where she held several leadership roles in the U.S. and China. Most recently, as General Manager of Business Development, she was responsible for driving global business development activities across a portfolio of businesses, including the Power Conversion, Grid, Industrial Solutions, Automation & Controls Steam, Nuclear and Gas franchises. She was instrumental in closing many dispositions and acquisitions while at GE, including recent transactions valued well over $3 billion.

"Lisa’s appointment helps us build a more diverse team of industry leaders who have the expertise and experience needed to respond to the evolving dynamics and changing demands of the industry. Her vast energy sector experience and distinguished reputation as a leader aligns with A&M’s heritage of operational excellence and commitment to creating value for clients,” added Tony Alvarez, co-founder of Alvarez & Marsal.

Ms. Price began her career at Freeport-McMoran Inc., where she served in several operating roles in power plant, maintenance and environmental management. She then joined Goldman Sachs & Co. in the Mergers & Acquisitions group and later the Natural Resources Group, advancing to Vice President before joining Deutsche Bank Securities Inc. as Director in the Mergers & Acquisitions Group focused on energy, utilities and chemicals. In her nearly 10 years in investment banking, Ms. Price executed acquisitions, divestitures, debt, equity and restructuring transactions for clients across industries, with an increasing focus on the energy sector over time.

Ms. Price earned a bachelor’s degree in chemical engineering from Virginia Polytechnic Institute and State University and an MBA from Tulane University. She serves on the Virginia Tech College of Engineering International Programs Alumni Planning Board, the Virginia Tech Department of Chemical Engineering Advisory Board and received the 2017 Virginia Tech College of Engineering Distinguished Alumni award.

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