NEW YORK, Feb. 11, 2014 (GLOBE NEWSWIRE) -- AlixPartners, the global business advisory firm, today announced that Luigi A. "Lou" Peluso has joined the firm's Enterprise Improvement group as a managing director. Peluso, who joins AlixPartners from Hitachi Consulting Inc., has deep experience in operations, supply-chain management and finance, and clients in his distinguished 29-year career include some of the most successful names in business and private equity. He also has experience in industry and as an entrepreneur in the fields of private equity, investment banking and consulting. He will be based in New York.
Said Fred Crawford, CEO of AlixPartners: "Lou's deep and wide-ranging experience fits perfectly with what makes AlixPartners unique in the marketplace, and we're confident that clients will appreciate his experience and expertise on many levels. His hiring is also a reflection of our continued growth as a firm, and we're very pleased to have him as part of our team."
At Celerant Consulting (recently acquired by Hitachi Consulting), Peluso was senior vice president of operations, and was also head of the operations function for private-equity clients for the Americas. In that latter role, he helped create more than $1 billion in enterprise value for portfolio companies of the firm's private-equity clients.
Prior to Hitachi, Peluso was a director at Corven Inc. (now part of Oliver Wyman), a Boston-based consultancy focusing on issues ranging from strategy development to operations improvement to change management. While there, he helped fuel dramatic growth in the firm's North American revenue. He also led the application of Lean Six Sigma techniques and tools for process improvement at one of the five largest oil companies in the world, helping deliver more than $350 million in savings.
In 2002, Peluso founded a company, Industrial Revolutions Inc., which comprised three lines of business: private-equity investment, investment banking and management consulting. In his role as president of the company, he was responsible for generating deal flow, raising capital, and managing the company's private-equity portfolio, which included businesses in the security, biotechnology and solar-infrastructure industries.
Earlier in his career, Peluso was a partner at Benchmarking Partners Inc., a leading supply-chain-management research and consulting firm; a vice president at CSC Index, an international consulting firm known for its work in business-process reengineering and other areas; a partner at the Manufacturing Excellence Action Coalition, a pioneer in leading study missions to Japan for manufacturing executives; and a senior consultant at Andersen Consulting (now Accenture), where among other things he applied principles from the Toyota Production System in manufacturing, aerospace and defense companies.
Peluso's career also includes two positions in industry. He began his career as an international applications engineer at the diversified industrial company Ingersoll-Rand Inc. in Torrington, Conn., and later, he served as director of sales and marketing at the industrial and consumer products company Danaher Corp. in New Hartford, N.Y.
Peluso has an MBA from the University of Connecticut in Storrs and a Bachelor of Science in mechanical engineering design from Worcester Polytechnic Institute in Worcester, Mass. He also has served as an instructor in the areas of supply-chain management and technology at both the University of Chicago'sBooth School of Business and at the Massachusetts Institute of Technology's Sloan School of Management.
AlixPartners is a leading global business advisory firm of results-oriented professionals who specialize in creating value and restoring performance at every stage of the business lifecycle. We thrive on our ability to make a difference in high-impact situations and deliver sustainable, bottom-line results. The firm's expertise covers a wide range of businesses and industries whether they are healthy, challenged or distressed. Since 1981, we have taken a unique, small-team action-oriented approach to helping corporate boards and management, law firms, investment banks and investors respond to critical business issues. For more information, visit www.alixpartners.com.
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CONTACT: Tim Yost