AlixPartners Adds IT Strategy and Restructuring Expert Jim Monastero
SOUTHFIELD, MICHIGAN (April 22, 2008) – AlixPartners, the global restructuring, consulting, and financial advisory firm, announced the appointment of James Monastero as a Managing Director to the firm’s Information Technology Transformation Services practice, which focuses on helping clients make dramatic improvements in their IT organizations, investments, and programs. He will be based in New York.
Monastero is a seasoned executive with twenty years of hands-on experience, including ten years as a Partner/Managing Director with KPMG Consulting/BearingPoint, Inc. He assists senior executives design business strategies, restructure operations, transform enterprise processes, and reduce costs using IT. Prior to joining AlixPartners, he was BearingPoint’s first-ever global Chief People Officer, where he successfully restructured human capital functions for the company’s 17,500 professionals. He improved performance by redefining service offerings, restructuring operations to reduce operating and capital expenditures, renegotiating outsourcing contracts, and implementing new technologies.
“Jim will add tremendous experience and bench strength to our IT Transformation Services,” said Michael Grindfors, Chief Executive Officer of AlixPartners. “He will be a considerable asset to our firm, and our clients will benefit greatly from his ability to design and implement changes that have a significant impact on the bottom line.”
Monastero received an MBA in finance and international business from the Stern School of Business at New York University, and also received a bachelor’s degree in business logistics from the Pennsylvania State University. He is an Adjunct Professor of Decision and Information Sciences at the Villanova University School of Business, where he teaches business, IT strategy and management to MBA students.
About AlixPartners
AlixPartners is a leading global business advisory firm offering services across four main disciplines – operational performance improvement, financial restructuring and bankruptcy reorganization, litigation consulting and financial advisory services. The firm's expertise is in helping clients anticipate, evaluate and successfully resolve urgent, high-impact business challenges in an increasingly complex legal, regulatory and economic landscape. Drawing on the experience of more than 700 employees from 13 offices across North America, Europe and Asia, the firm commits small teams of seasoned professionals to deliver results when it really matters. For more information, visit www.alixpartners.com. |