Managing Director

• Apr 2019 - Present

Managing Director, Alvarez & Marsal | Consumer & Retail Group

• Apr 2019 - Present

Managing Director, Alvarez & Marsal | Private Equity Performance Improvement Group

• Nov 2007 - Apr 2019

Mike Simoncic, a Managing Director with Alvarez & Marsal’s Private Equity Performance Improvement Group, has over 20 years driving performance improvement initiatives. Mike leads the Retail Solutions practice within Alvarez & Marsal's Private Equity Performance Improvement Group.Mike has led performance improvement initiatives that encompass all aspects of the business including: strategic / business planning, operations, sales, marketing, supply chain and corporate services. Highlights include the following:Led multiple major, enterprise-wide cost reduction / performance improvement initiativesFacilitated strategic planning processes and implemented new annual planning processesDeveloped new go-to-market strategies, marketing campaigns and sales processesLed enterprise-wide improvement initiatives for multiple companies, overseeing process improvements, organization design changes, and cost take-out in major corporate services: Finance, IT, HR, Marketing, Sales, Product Development, Merchandising, Operations, Procurement and Supply ChainSupported pre-acquisition due diligence and post acquisition merger and integration requirementsMr. Simoncic has a wide range of industry expertise and has worked extensively with retailers, restaurants, consumer product companies, manufacturers, distribution companies and 3PLs.Mr. Simoncic also specializes in procurement and reducing third party expenses. Mike has worked with 15+ private equity funds, more than 200 portfolio companies, and has overseen the sourcing of 45+ distinct spend categories generating over $150M in annualized savings and leading to $1B+ in enterprise value creation. Mr. Simoncic earned a Master's of Business Administration degree from the University of Michigan. Mike also earned his bachelor’s degree from the University of Michigan. Additionally, Mike has served as an Adjunct Professor for Corporate Strategy and Organizational Design at Washington University’s Olin School for Business. Show less

Managing Director

• 2002 - 2007

Manager

• 1998 - 2002