ALVAREZ & MARSAL
Siham Slaoui is a Managing Director with Alvarez & Marsal Restructuring in Paris. She brings more than 12 years of experience in performance improvement as well as operational and financial restructuring. Her experience covers the manufacturing, energy and services sectors. Most recently at A&M, Mrs. Slaoui worked on the PMI of a French leader in Foodservice Delivery and a leading international B2B retailer specialised in self-service wholesale trade (‘Cash & Carry’). She designed performance improvement plans, to be deployed post-closing, which aim at achieving both standalone efficiencies and synergies in several functions. She also defined and executed Day 1 readiness plans in several areas. Previously, Mrs. Slaoui was part of the team leading the operational and financial restructuring of Exide Technologies in connection with its Chapter 11 reorganisation. With net sales of $3 billion (circa 60% in Europe), Exide Technologies is one of the world's largest producers, distributors and recyclers of lead-acid batteries. She implemented performance improvement initiatives for Exide Europe, including liquidity optimisation, overhead cost reduction, plants closures and distribution centre rationalizations, and developed a detailed five-year business plan for the European business. Additionally, Mrs. Slaoui acted as interim CFO for a €120 million guarding company acquired following an insolvency proceeding. In this role, she supervised the accounting and controlling departments, successfully negotiated a new factoring line, built a detailed business plan as well as a cash flow forecast, built all the company’s financial and operational reporting systems, and implemented various performance improvement initiatives, including the execution of a headcount and overheads cost reduction plan. Mrs. Slaoui was also involved in the restructuring of a €1 billion helicopter and transportation services provider, where she designed a costing model to identify the return on investment generated by customer contracts. She also participated in the identification of working capital optimization opportunities, supervised the financial team of the unprofitable Norway subsidiary to build its budget and set up KPIs for the largest contracts and participated in the definition of an operational restructuring plan for this subsidiary Mrs. Slaoui earned a bachelors' degree from the ESSEC Business School in France and a master’s degree in management control, accountancy and financial management. She speaks fluent English, French and Arabic.