Alvarez & Marsal hires BCG duo Jonas Stein and Michael Schmaelzle
Alvarez & Marsal has strengthened its Corporate Transformation Services division in Germany with Jonas Stein and Michael Schmaelzle. Both join from Boston Consulting Group.
The two new Managing Directors bring extensive experience helping automotive and industrial players accelerate value creation through end-to-end performance improvement programs. They both have experience driving sales performance improvement and enterprise-wide value creation for automotive OEMs, suppliers, machinery manufacturers, industrial companies, and private equity-backed assets.
“With Jonas and Michael, we continue to build our capabilities in commercial excellence, performance improvement, and holistic transformation, particularly for companies in the industrial and automotive sectors,” stated Alvarez & Marsal in a social media post introducing the senior hires.
Jonas Stein brings well over 20 years of experience in the automotive and industrial sectors. He focuses on commercial transformations, commercial excellence programs, and enterprise-wide value creation programs. His main expertise lies in B2B and B2B2C commercial excellence and commercial operating model redesign to sustainably unlock revenue growth, margin improvement, and cost advantage.
He previously spent 17 years with Boston Consulting Group (BCG), including as Managing Director and Partner. He led BCG’s Marketing, Sales & Pricing practice in Central Europe, co-led its European B2B Pricing and Automotive Commercial Excellence efforts, and served as a core member of the Automotive and Industrial Goods practices. Prior to his time at BCG, he held roles at Audi.
Michael Schmaelzle brings more than 15 years of experience in leading technology-enabled transformations and performance improvement programs in the automotive and industrial sectors. His primary areas of concentration include commercial transformations, commercial excellence programs (sales and service), and end-to-end value creation programs that sustainably unlock revenue, margin growth, and cost advantage.
He previously spent 15 years with Boston Consulting Group, where he most recently served as Managing Director and Partner. At BCG, he was a core member of the Automotive and Industrial Goods practices.
