AlixPartners hires Adam Pressman as managing director of Chicago retail practice

25 January 2019

Global management consulting firm AlixPartners has added former A.T. Kearney partner Adam Pressman to its Chicago office. He joins the firm’s retail practice as a managing director, bringing his deep expertise in digital customer care and engagement.

Known for its turnaround and restructuring services, NYC-based consultancy AlixPartners also provides a wide array of industries with services in digital transformation, performance improvement, M&A, and investigations and disputes. The firm is one of the leading advisors in the retail space, offering advice, assistance, and strategy in a sector that has obviously been hit hard by digital disruption in an era of Amazons and Alibabas. 

AlixPartners’ retail practice has grown even stronger with the addition of Pressman. He has nearly two decades of experience in the consulting industry, and has served clients in retail, consumer, goods and healthcare, from startups to Fortune 100s.

AlixPartners hires Adam Pressman as Managing Director in Chicago Retail practice

Before joining AlixPartners, Pressman was a partner in the Digital Transformation practice of A.T. Kearney, where he spent 15 years. Working at the intersection of business and IT, he led numerous client engagements across North America, delivering digital, customer care, and IT strategy, as well as operational transformations, multichannel customer engagement projects, and M&A advisory.

While at A.T. Kearney, he co-founded the firm’s integrated customer engagement and design-thinking capabilities, and co-led its retail operations study. Before his time at A.T. Kearney, Pressman was a consultant at PwC for four years.

“We are pleased to welcome Adam to AlixPartners,” Simon Freakley, AlixParnters CEO, said. “His expertise in digital transformation in retail, as well as in the pharmacy sector, will be of great value to our clients as they strive to achieve world-class performance.”

Pressman holds an MBA from the Booth School of Business at the University of Chicago, as well as a bachelor’s in business administration from Washington University in St. Louis.

In related news, AlixPartners recently promoted 17 US team members to managing director, as well as five more internationally. There were promotions in Boston, Chicago, Dallas, Detroit, Houston, Los Angeles, New York, and San Francisco.

Founded in 1981, AlixPartners has more than 1,600 employees spread across 20 global offices.


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Real estate consultancy CBRE appoints Leah Stearns as chief financial officer

22 April 2019

CBRE, the world’s largest real estate services and investment firm, has appointed Leah Stearns as its new chief financial officer. Stearns was previously the CFO of the US division of American Tower, a major communications infrastructure firm. She will be based out of Dallas.

As CFO, Stearns will oversee CBRE’s global finance and accounting structure, including tax, treasury, financial planning, and investor relations. Stearns has nearly 20 years of experience in finance and investor relations.

She rapidly climbed the ranks at American Tower after joining the firm in 2001. Based in Boston, the Fortune 500 company – structured as a real estate trust – owns and operates over 170,000 wireless and broadcast communications sites in 16 countries. Real estate consultancy CBRE appoints Leah Stearns as chief financial officerOver her career at the firm, Stearns focused on investor relations, financial planning, and capital markets, rising from the position of manager, to director, to vice president, and then senior vice president. In 2017, she was appointed CEO of the EMEA region, and in November 2018 Stearns was appointed CFO of the US division. In her final role at American Tower, she oversaw the US business’ finance and accounting, mergers and acquisitions, and supply chain, as well as other areas. American Tower had over $6 billion in revenues in 2017, with 50% of its operating profit arising from the US division.

Stearns holds an MBA from Boston College, as well as a BS In finance from Boston University. She is a board member of the non-profit Brookline Community Mental Health Center.

“Leah will bring tremendous capabilities to CBRE,” Bob Sulentic, the company’s president and chief executive officer, said. “She is an exceptional executive who has risen rapidly in her career and has had significant responsibilities in financial management, operational leadership and international activities. Her background is well suited to help us drive our strategy.”

Stearn’s appointment, effective May 15, will see current CFO Jim Groch transition to the role of global group president and chief investment officer.  As chief investment officer, Groch will lead CBRE’s M&A activities and capital allocation into real estate investments.

Based in LA, CBRE had over $14 billion in revenues in 2017, and has approximately 480 offices and 90,000 employees worldwide.

Related: CBRE recognized among World's Most Ethical Companies for sixth year running