EY has announced the appointment of two new UK & Ireland (UK&I) leaders in its Strategy practice, EY-Parthenon.
In a newly created position, Alan Hudson has been appointed the UK&I Leader for EY-Parthenon, a global strategy consultancy, which employs 9,000 professionals worldwide and over 700 in the UK&I.
Alan was previously EY’s UK&I Turnaround and Restructuring Strategy Leader. He brings over 35 years’ experience having acted as principal and leading advisor to boards and stakeholders in challenging, stressed, and distressed situations, as well as being appointed on many high-profile insolvency cases such as, Mid Staffordshire NHS Foundation Trust, House of Fraser, British Steel and FlyBe. Alan will continue his restructuring work and serving clients in addition to his new role.
Alan Hudson, UK&I EY-Parthenon Leader, said: “I’m thrilled to be taking on this new role, leading a fast growing, high performing and talented team. Now, more than ever, our clients want trusted advisors who will work with them to create and sustain shareholder and stakeholder value and address the opportunities and challenges arising from the pandemic and climate change, through to the energy crisis and shifting consumer habits.”
Alan continued: “EY-Parthenon brings an unrivalled breadth and depth of sector insight, situational experience, skills and capability, as well as global reach, to serve our clients and help them develop and execute strategy, achieve their growth and transformation ambitions and create, protect and realise value.”
Succeeding Alan as UK&I Turnaround and Restructuring Strategy Leader is Partner, and sector-lead for Government & Infrastructure, Jo Robinson, who has 28-years’ experience in her field. Like Alan, she joined EY aged 18 as a school leaver.
Jo will lead a team, who together with colleagues from across EY-Parthenon and EY, help to steer clients through difficult and complex situations, by finding and executing practical solutions including, formal insolvency, working capital improvement, raising capital and refinancing, addressing pension challenges and corporate restructuring.
Jo Robinson, UK&I EY-Parthenon Turnaround and Restructuring Strategy Leader, said: “Our clients are facing a myriad of challenges as they seek to navigate rising inflation, supply chain challenges, and geopolitical uncertainty. I’m proud to be taking on the leadership of our market-leading restructuring team and look forward to supporting clients tackle these challenges, as well as seize the opportunities ahead of them.”
Jo added: “Having joined EY as a school leaver, I’m also passionate about nurturing talent and diversity within the team and ensuring a culture of equality; where difference is valued, and everyone can thrive and succeed.”
Steve Ivermee, UK & Ireland Strategy and Transactions Leader at EY, commented: “Alan and Jo bring a wealth of experience to their new roles. Under Alan’s inspiring leadership, our restructuring practice has evolved into a team we can be truly proud of. I can think of no better person to take on the mantle of UK&I EY-Parthenon Leader as we realise our ambitions to be one of the largest global strategy firms.”
Steve continued: “Jo has led some of our highest profile client engagements and her collaboration across the firm has led her to build an extensive network of contacts. Her ability to tap into this immense talent and knowledge across EY will be a key differentiator for us. I know the Turnaround and Restructuring Strategy team will be in excellent hands under her leadership.”