AlixPartners names Dan Ritter chief financial officer
AlixPartners, a global management consulting firm, has promoted Dan Ritter to chief financial officer.
Based in Southfield, MI, Ritter will lead AlixPartners’ finance function globally and will join the firm’s senior management team.
Ritter brings more than 25 years of financial management and accounting experience to the role. He has been at AlixPartners for nearly 20 years, most recently spending half a year as head of firmwide planning and investments. Prior to that he spent eight years as head of strategic finance, procurement, and global services.
For his first 11 years at AlixPartners, Ritter was a director in the turnaround and restructuring practice, and then in the risk advisory practice.
Before joining the firm, Ritter was CFO of Kimastle, a Michigan-based plastic assembler and automation integrator for manufacturers. He began his career at CPA firm Plante Moran, where he was a senior associate.
Ritter has a bachelor’s degree in accounting from Western Michigan University and is a certified public accountant, certified insolvency and restructuring advisor, and certified in financial forensics.
“I am delighted that Dan is stepping up to take the role of CFO at AlixPartners. His deep understanding of our business and our clients, and his technical expertise will add significant value to our firm and the work we do for our clients,” said Simon Freakley, CEO of AlixPartners.
Ritter succeeds Lisa Carnoy, who has served as AlixPartners’ CFO for the last four years. Carnoy will now be leading the search for a new president at Columbia University, where she serves as co-chair.
Prior to joining AlixPartners, Carnoy spent more than 23 years at Bank of America and Merill Lynch, latterly serving as BofA’s market president for New York City. She has an MBA from Harvard University and a bachelor’s degree from Columbia University.
“I am grateful for Lisa’s tremendous contributions to the firm and wish her every success in her new chapter. She has been a true leader at AlixPartners and a terrific partner to us all,” Freakley said.
AlixPartners provides consulting across turnaround and restructuring, performance improvement, risk and disputes, economics, transactions, technology, and leadership. The New York-based firm has more than 2,000 employees globally.