ALVAREZ & MARSAL
Managing Director/ Associé
David Benichou is a Managing Director with Alvarez & Marsal Corporate Transformation Group in Paris. Mr. Benichou specializes in corporate transformation and performance improvement for the retail, apparel and luxury industries. He brings more than 25 years of consulting experience working with management teams to identify, plan and implement measures to improve retail businesses – including transformation of organizations and operating models. He focuses on change management, executing business strategy and operations. Mr. Benichou has worked with clients across the retail landscape, including major grocery retailers, non-food specialists, online pure-play, and apparel and luxury. Mr. Benichou’s notable recent engagements include serving as Chief Transformation Officer for three years to manage operational restructuring and business model transformation into a pure digital player for a major mail-order French fashion and home decoration retailer. As CTO, he led IT, supply chain, sourcing and central functions restructuring from design to full implementation. For a European furniture and home decoration retailer, Mr. Benichou designed the turnaround plan, including store network review, logistic and procurement operations and support functions redesign. For a major luxury group in apparel, leather goods and jewelry and watches, he led the definition of a new worldwide logistic model including full restructuring of the supply chain operating model. Prior to that, Mr. Benichou supported the post-merger integration for two multi-format grocery chains in France, managing procurement and assortment convergence, and merging central functions and store network alignment. For another French multi-format grocery retail chain, he led the complete design of the supply chain and the logistics transformation and cost reduction plan, including IA introduction to resources and activities planning. He led the operational restructuring, including headcount reduction program, direct and indirect purchasing cost reduction, logistic transformation, store lease re-negotiation for a worldwide outdoor apparel company. Prior to joining A&M, Mr. Benichou was a Managing Director and Partner with BCG in Paris. Prior to that, he spent 11 years at AlixPartners. Mr. Benichou started his career with AT Kearney. Mr. Benichou earned a master’s degree in civil engineering from Ecole Nationale Supérieure des Mines de Nancy. He is fluent in French, English and Italian.