AlixPartners adds former McKinsey partner Elizabeth Stephenson

06 November 2020 2 min. read
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Global consulting firm AlixPartners has welcomed Elizabeth Stephenson, a former McKinsey partner and C-suite executive in consumer products, as a managing director in the firm’s Los Angeles office.

Stephenson brings more than 20 years of leadership and operations experience, managing multiple global brands and overseeing functions including sales and marketing, finance, human resources, e-commerce, manufacturing, and supply chain.

She spent the last five years at consumer packaged goods company The Wonderful Company (TWC), where she was president of beverage brands Fiji Water and POM Wonderful. At Fiji, Stephenson led a transformation of the global supply chain, including a revamp of North American distribution, while at POM she led a dramatic turnaround of the business.

Stephenson also served as VP of strategy at TWC between 2015 and 2018, leading the company’s M&A function.

Elizabeth Stephenson, Managing Director, AlixPartners

Stephenson worked at management consultancy McKinsey & Company between 2001 and 2015, where she rose to the level of partner, and spent time in the LA, San Francisco, and Chicago offices. At McKinsey, Stephenson worked on engagements in strategy development and implementation, growth strategy, and M&A. She also co-founded the firm’s trends, macroeconomics, and scenario planning service line.

Before joining McKinsey, Stephenson co-authored New York Times bestseller “RealAge: Are You as Young as You Can Be?” and helped found RealAge Inc., an award-winning online health-and-lifestyle publishing company, where she was VP of content.

She holds an MA in European history from Columbia University and a BA in cultural anthropology from Yale University. Stephenson is a former Fulbright Scholar and Mellon Fellow.

“Elizabeth’s deep expertise in operational transformation, in both growth or turnaround situations, including her experience as a C-suite executive, will be of great value to consumer-oriented companies facing disruption in today’s unprecedented times,” said Simon Freakley, CEO of AlixPartners. “We are delighted to welcome Elizabeth to AlixPartners; she is an excellent addition to our team.”

AlixPartners earlier this year added Peter Fitzsimmons as a managing director in the turnaround and restructuring practice in New York City.