AlixPartners, a global management consulting firm, has promoted Dan Ritter to Chief Financial Officer.
Based in Southfield, MI, Ritter will lead AlixPartners’ finance function globally and join the firm’s senior management team.
Ritter brings more than 25 years of financial management and accounting experience to the role. He has been with AlixPartners for almost 20 years, and most recently spent half a year as head of planning and investments across the firm. Before that, he spent eight years as head of strategic finance, procurement and global services.
During his first 11 years at AlixPartners, Ritter was a director in the turnaround and restructuring practice, and later in the risk advisory practice.
Prior to joining the company, Ritter was CFO of Kimastle, a Michigan-based plastics assembler and automation integrator for manufacturers. He began his career at the CPA firm Plante Moran, where he was a senior associate.
Ritter holds a bachelor’s degree in accounting from Western Michigan University and is a certified public accountant, certified insolvency and restructuring advisor, and certified in financial forensics.
“I am delighted that Dan will step into the role of CFO of AlixPartners. His deep understanding of our business and our clients, and his technical expertise will add significant value to our company and the work we do for our clients,” said Simon Freakley, CEO of AlixPartners.
Ritter succeeds Lisa Carnoy, who has been CFO of AlixPartners for the past four years. Carnoy will now lead the search for a new president at Columbia University, where she serves as co-president.
Prior to joining AlixPartners, Carnoy spent more than 23 years at Bank of America and Merill Lynch, most recently serving as market president of BofA in New York City. He has an MBA from Harvard University and a BA from Columbia University.
“I am grateful for Lisa’s tremendous contributions to the firm and wish her every success in her new chapter. She has been a true leader for AlixPartners and a fantastic partner for all of us,” said Freakley.
AlixPartners provides advice in transformation and restructuring, performance improvement, risk and disputes, economics, transactions, technology and leadership. The New York-based company has more than 2,000 employees worldwide.