Faye Wattleton Joins Alvarez & Marsal as Managing Director

NEW YORK--(BUSINESS WIRE)--Faye Wattleton, one of the country’s most distinguished women in business, has joined global professional services firm Alvarez & Marsal as a managing director based in New York.

“Faye Wattleton has been a prominent and respected voice in board rooms and in the public arena for more than three decades”

Over the course of her more than 30-year career, Ms. Wattleton has amassed an extraordinary track record of leadership, both as CEO of national not-for-profit organizations and as a member of the boards of several public and private corporations, academic institutions and significant philanthropic organizations. Perhaps best known for her executive leadership and advocacy for improving the status and healthcare of women, her background includes extensive experience as an executive, board member and consultant in the health sector and public policy arenas. She has also served as a director for a range of public companies, including as chair of audit and corporate governance committees.

“Faye Wattleton has been a prominent and respected voice in board rooms and in the public arena for more than three decades,” said Tony Alvarez, II, co-CEO of Alvarez & Marsal. “She has not only led the way as a champion of women’s issues, she has helped to guide the direction of corporations, shape public policy and advance several important charitable causes. Her background, international perspective and insights on an array of issues will be of tremendous value to a wide range of organizations seeking to improve performance, solve complex problems and chart a successful course forward in challenging times.”

Prior to joining A&M, Ms. Wattleton served as co-founder and president of the Center for the Advancement of Women (CFAW), an independent, nonpartisan think tank, conducting women-focused national opinion research for public education and policy advocacy. During her leadership, CFAW received national and international acclaim for its groundbreaking research on women’s opinions, experiences, roles and status in society.

Earlier in her career, she was president and CEO of the nation’s oldest and largest voluntary reproductive health provider, Planned Parenthood Federation of America (PPFA), becoming the youngest, first woman, first African American and longest tenured professional to hold this position. At the time of her departure, a restructured Planned Parenthood had grown to become the nation’s seventh largest nonprofit organization, with an aggregate budget of $500 million, providing medical and educational services to four million Americans each year, through 170 affiliates operating in 49 states and the District of Columbia. In addition, PPFA provided technical assistance and commodities to organizations in dozens of developing countries through the organization’s international arm, known as Family Planning International Assistance.

Lauded as a public spokesperson as well as for her managerial skills and revolutionary public policy work by BusinessWeek and Money, Ms. Wattleton has received countless honors and awards. She is the 2004 recipient of the prestigious Fries Prize for service to improving public health and was inducted into the National Women’s Hall of Fame in 1993.

With more than three decades of corporate governance experience serving public and private corporations, Ms. Wattleton is an active member of the board of trustees of Columbia University, the board of governors of the Pardee Rand Graduate School and serves on the board of directors of Jazz at Lincoln Center. She previously served on the boards of directors of public companies including Ehrlich-Bober Financial Services (1986-1988), Leslie Fay (1993-1998), Estée Lauder Companies (1995-2003), WellChoice, Inc. (1993-2005), Quidel Corporation (1994-2006) and Savient Pharmaceuticals (1997-2007).

Ms. Wattleton holds a bachelor of science degree in nursing from Ohio State University, and earned a master’s degree from Columbia University. She also holds fourteen honorary degrees.

About Alvarez & Marsal

Since 1983, Alvarez & Marsal has set the standard for working with organizations to solve complex problems, boost operating performance and maximize value for stakeholders. A leading independent global professional services firm, A&M draws on its deep operational and turnaround heritage to help companies across the industry spectrum improve operating and financial performance, and to navigate business, litigation and tax matters with speed, responsiveness and unmatched quality.

Whether serving as business advisers or in interim management roles during periods of change or transition, A&M stands for leadership, problem-solving and value creation. A&M clients range from multinational to middle-market companies around the world that are both publicly held and privately owned. With a bias toward action, implementation and results, Alvarez & Marsal professionals serve large and mid-cap private equity firms, company management and boards and other stakeholders aiming to drive sustainable results up and down the balance sheet.

A founder of the modern day restructuring industry, Alvarez & Marsal has been honored numerous times by the Turnaround Management Association and has been recognized as one of the Best Firms to Work For by Consulting magazine.

For more information, visit www.alvarezandmarsal.com.