AlixPartners hires Hoyoung Pak as managing director in Chicago
Consulting firm AlixPartners has hired Hoyoung Pak as a managing director in its digital practice in Chicago.
Pak brings more than 20 years of experience in management consulting and industry roles applying artificial intelligence to private equity, consumer, retail, and TMT industries. He also has expertise in consumer insights, retail analytics, pricing, and digitally enabled operations.
Pak spent the last three-and-a-half years as chief operating officer at SGS & Co., a global design and packaging graphics firm. During his tenure at the firm he drove an enterprise-wide transformation that cut costs by 30% via offshoring and automation. The program included adding AI and machine learning capabilities to improve efficiency and create new offerings.
Before that, he was president and CEO of Ace Wholesale Holdings, a $360-million division of Ace Hardware; EVP of global operations and data science at IRI, a large market research firm; SVP of operations at Groupon; and VP of customer service at Discover Financial Services.
Prior to holding executive industry roles, Pak spent seven years at McKinsey & Company, where he was latterly an associate principal serving retail clients on engagements in supply chain, store operations, and inventory management.
Hoyoung has an MBA from Northwestern University and PhD, MS, and BS degrees in electrical engineering from the University of Illinois. He is a five-time national martial arts champion in the North American Sport Karate Association circuit and played Donatello in the movie Teenage Mutant Ninja Turtle II: The Secret of the Ooze. His brother Ho-Sung Pak, also a martial arts champion, is a veteran Hollywood stunt performer who played Liu Kang and Shang Tsung in the original Mortal Kombat video game (game developer Midway’s offices were in Chicago in the early ‘90s).
“I’m delighted to welcome Hoyoung to AlixPartners,” said Angela Zutavern, managing director and lead of the digital practice in the Americas at AlixPartners. “Hoyoung’s expertise in developing transformative AI programs that can help clients unlock real value from their data combined with his broad knowledge of AI and machine learning capabilities will be of great value to our clients looking to improve productivity and efficiency and increase revenue in these times of increasingly intensifying disruption.”
AlixPartners recently bolstered its digital practice with the addition of Himanshu Khandelwal as a managing director in its Detroit office.
