Press Release
AlixPartners completes CEO succession
AlixPartners announces that Simon Freakley has become CEO, with Fred Crawford appointed Senior Vice Chairman
(January 11, 2016) – AlixPartners, the global advisory firm, announces that Simon Freakley has become CEO. Simon was appointed Co-CEO of AlixPartners in August 2015 and has worked alongside previous CEO Fred Crawford in that role over the past five months. Simon will be based in both New York and London.
Also announced is the appointment of Fred Crawford as Senior Vice Chairman of AlixPartners. In this new role, Fred will remain on the Board of Directors. He will provide the firm with strategic insight and play a leading role around business development, marketing, and the recruitment and development of the firm’s Managing Directors. Fred will be based in New York.
Simon Freakley joined AlixPartners in February 2015 when AlixPartners acquired Zolfo Cooper Europe, a leading independent provider of advisory and restructuring services, where Simon had been CEO for seven years. From 2004 to 2008 Simon was Global CEO of Kroll Inc.
Fred Crawford was appointed CEO of AlixPartners in 2008. The firm has grown significantly under his leadership, from a team of 700 professionals in 13 offices to over 1,500 professionals in 24 offices today.
Simon Freakley said,
“During the past five months I have met with hundreds of AlixPartners colleagues in our offices around the world. The quality, professionalism and energy of the whole AlixPartners team are truly impressive and have only increased my excitement to be leading the firm. Our unique model and ability to help clients solve critical business issues, often in time-pressured situations, are as relevant as ever in today’s rapidly changing world.
“I would like to thank Fred for his partnership and support and I am delighted to be working with him in his new role."
About AlixPartners
AlixPartners is a leading global business-advisory firm of results-oriented professionals who specialize in creating value and restoring performance. We thrive on our ability to make a difference in high-impact situations and deliver sustainable, bottom-line results. The firm’s expertise covers a wide range of businesses and industries whether they are healthy, challenged or distressed. Since 1981, we have taken a unique, small-team action-oriented approach to helping corporate boards and management, law firms, investment banks and investors respond to critical business issues. For more information, visit www.alixpartners.com.