Alvarez & Marsal (A&M) announced the hire of James Marceau as Managing Director in its Private Equity Performance Improvement Group, based in Boston. Marceau has joined the senior leadership team of A&M’s global Aerospace, Defense & Aviation practice with a focus on advising industry clients on complex value chain, financial performance improvement, innovation and growth, supply chain, manufacturing, digital technologies, advanced data analytics and bringing new capabilities to customers across the business and enterprise lifecycle. His appointment illustrates the firm’s commitment to the market and to solving unprecedented operational challenges facing the sector.
Marceau has more than 25 years of experience advising large, strategic government, Department of Defense (DoD) and foreign government acquisition programs. Additionally, he has worked extensively with original equipment manufacturers (OEMs), prime contractors, suppliers across the defense industrial base and international partners. Mr. Marceau’s in-depth knowledge of aerospace, defense, aviation and space-related companies’ strategic and operational challenges will benefit clients’ increasing need for financial transformation to help ensure sector growth, innovation and financial viability.
Marceau’s specific areas of expertise include mergers and acquisitions (M&A) advisory, advanced data science and analytics, artificial intelligence, machine learning, business strategy and growth, innovation, lifecycle planning and execution, adaptive manufacturing, supply chain, operations and enterprise transformation.
“The industry is facing a whirlwind of vulnerability and uncertainty amidst on-going investment commitment, government requirements, research and development, engineering and innovation challenges. A&M’s history of leadership, action and results in challenging situations syncs well with our growing Aerospace, Defense & Aviation practice, as well as the firm’s proven ability to maximize value and drive change,” said Nick Alvarez, Managing Director and National Practice Leader of A&M’s Private Equity Performance Improvement group.
Marceau added, “Recent events in commercial aviation, the impact of COVID-19, and challenges across the defense industrial base has led to unprecedented sector uncertainty along with financial and operational challenges. The success of our defense industrial base concerns both shareholder value and national security. This pandemic will progress from a global health crisis to a global financial crisis impacting most sectors for many years to come. Combining my industry experience with A&M’s operational heritage and integrated platform will help our aerospace, defense and aviation clients perform at the highest levels.”
Prior to joining A&M, Marceau was a Partner and Member of the Board of Directors with PA Aerospace and Defense. Previously, he had served as President and CEO of Hitachi Consulting’s Aerospace and Defense business, where he worked with the U.S. DoD and the defense industrial base on the high-profile and classified Acquisition Category One Defense programs. In his former roles as Partner at Oliver Wyman and Partner at Capgemini, Mr. Marceau focused on business strategy, transformation, digital technologies, supply chain and operations, and mergers and acquisitions.