Everyone’s favorite golf company just hired away a turnaround specialist from one of its biggest rivals in the U.K.
Let’s take a trip to London for our latest edition of “Big 4-on-Big 4 Poaching From Around the World,” where we learn a little more about PwCer-turned-KPMGer Massimiliano Messina:
Professional services firm KPMG has announced the appointment of Massimiliano Messina as its new head of turnaround.
Massimiliano Messina is a highly experienced restructuring advisor and CFO with more than two decades’ experience leading complex turnaround projects and finance functions at large corporates across Europe.
He has particular experience in the automotive sector, having led the turnaround programme for Chevrolet and Cadillac Europe on behalf of General Motors as European CFO, as well as being appointed Executive Finance Director of Delphi EMEA at a time when Delphi Corp. had filed for Chapter 11 protection.
He has also spent significant time working in the manufacturing and retail sectors. He held the role of head of transformation at Swiss building materials manufacturer LafargeHolcim Group, and was also Group COO of leading French retailer Vivarte Group where he co-led the financial and operational restructuring of the Group.
Massimiliano joins KPMG from PwC where he led the firm’s UK CRO and turnaround practice, having also previously worked as a senior advisor for Alix Partners in Paris.
In his new role which will be based in London, Massimiliano will work as part of KPMG’s Global Restructuring team to grow the firm’s capability to deliver complex cross-border turnaround projects.
PwC wasn’t MM’s first foray into public accounting. According to his LinkedIn profile, Messina got his professional career going at Deloitte in Milan as an auditor from 1996 to 1999 before joining the corporate world.
He got back into the public accounting game just last year when he joined PwC in London.
Here’s what Messina had to say about joining the Radio Station:
“KPMG has an enviable reputation for consistently delivering innovative approaches to the most complex of restructuring engagements. Currently we’re seeing organisations right across the globe working collaboratively with investors, lenders, customers and supply chains to navigate their way through such unchartered waters. KPMG’s international network of restructuring practitioners has enormous experience that it can bring to bear in situations of stress and distress, and I am very much looking forward to working with my new colleagues to assist our clients in these extraordinary times.”
Our biggest question for him is: How’s your golf game?
KPMG Poaches Someone From PwC and Issues a Press Release, Part I
KPMG Poaches Someone From PwC and Issues a Press Release, Parts II and III
KPMG Poaches Someone From PwC and Issues a Press Release, Part IV