London, June 8, 2022– Alvarez & Marsal Taxand, LLP (A&M Taxand), an affiliate of leading global professional services firm Alvarez & Marsal (A&M), has appointed Kathy Lloyd and Chris Prout as London-based Senior Directors. Their hires advance A&M Taxand’s strategic expansion plans and the firm’s Reward & Employment Tax expertise.
With over 20 years of experience, Ms. Lloyd will focus on employment tax transformations, technical advice, and compliance procedures. Mr. Prout, who brings more than 25 years of experience, brings expertise to support our large private equity clients with the design and implementation of both UK and international management equity plans supporting a wide range of transactions.
“Corporates and boards face persistent recruitment and retention issues,” said Ernesto Perez, Global Practice Leader of A&M Taxand. “Increasingly, clients need multi-jurisdictional advice and solutions that incorporate employment taxes, broader reward and, equity incentive arrangements. Kathy’s and Chris’ joining deepens our expertise and strengthens our well established Reward & Employment Tax offering and Global Transaction Tax lines of business.”
Ms. Lloyd specializes in HR and payroll transformations, commercial carve-outs, IR35 and employment status reviews, employee/employer redundancy programs, governance and compliance procedures, expense and benefit reviews and policy design. Prior to joining A&M Taxand, she led EY’s Payroll and Employment Tax Advisory practice.
Mr. Prout has extensive experience advising private equity firms and investment companies on multi-jurisdiction equity remuneration arrangements. He has worked on equity plan designs for large public companies and drafted the design plan rules/agreements for implementation. Prior to joining A&M Taxand, he served as an Executive Director with EY’s International Transaction Tax group.
Collectively, Ms. Lloyd and Mr. Prout have worked across multiple industries including financial services, infrastructure, IT, biotech, retail, life sciences, pharmaceuticals, oil & gas, media, government & defence, aviation and commodities.
Marvin Rust, a Managing Director with Alvarez & Marsal Taxand in the U.K. and Head of A&M Taxand Europe, said, “Kathy’s and Chris’ combined expertise deepens our bench strength in these key areas of business and will add to our ability to assist our clients to solve today’s number one business issue – how to attract and retain talent. Our innovative solutions provide clients with an actionable, practical path forward. They share our operational approach, results-oriented mindset and commitment to driving change.”
“Our clients advisory needs are ever evolving and having the right team to support them through growth or a transaction continues to be a top priority,” said Louise Jenkins, a Managing Director with Alvarez & Marsal Taxand in London and Head of the Reward and Employment Tax team. “Kathy and Chris have a huge amount of expertise to help our clients manage today’s complex tax challenges and their arrival further strengthens our fantastic team.”
About Alvarez & Marsal
Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems.
With over 6,000 people across four continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M’s restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world-class consultants, former regulators and industry authorities with a shared commitment to telling clients what’s really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.
To learn more, visit: AlvarezandMarsal.com. Follow A&M on LinkedIn, Twitter, and Facebook.
About Alvarez & Marsal Taxand
Alvarez & Marsal Taxand, an affiliate of Alvarez & Marsal (A&M), a leading global professional services firm, is an independent tax group made up of experienced tax professionals dedicated to providing customized tax advice to clients and investors across a broad range of industries. Its professionals extend A&M’s commitment to offering clients a choice in advisors who are free from audit-based conflicts of interest and bring an unyielding commitment to delivering responsive client service. A&M Taxand has offices in major metropolitan markets throughout the U.S. and serves the U.K. from its base in London.
Alvarez & Marsal Taxand is a founder of Taxand, the world’s largest independent tax organization, which provides high quality, integrated tax advice worldwide. Taxand professionals, including almost 550 partners and more than 2,500 advisors in 50 countries, grasp both the fine points of tax and the broader strategic implications, helping you mitigate risk, manage your tax burden and drive the performance of your business.
To learn more, visit: AlvarezandMarsal.com or Taxand.com.
CONTACT:
Will Thomas, Headland Consultancy, +44 (0)77 7669 2746 (WThomas@headlandconsultancy.com)
Sandra Sokoloff, Director of Global Public Relations Alvarez & Marsal, +1 212-763-9853 (ssokoloff@alvarezandmarsal.com)