Steffen Kroner

Managing Director
20 years of experience in performance improvement and c-suite interim roles
Specializes in holistic value creation, cost-out programs and cash management
​​​​​​​Works with industries including steel, industrials, railways and packaging
Munich
@alvarezmarsal
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Steffen Kroner is a Managing Director with Alvarez & Marsal Private Equity Performance Improvement. He brings more than 20 years of transformation, operational performance improvement, c-suite interim management (CEO, CTO, COO, CFO) and operational due diligence experience.

Mr. Kroner is a renowned expert in the design and implementation of comprehensive value creation programs with a focus on industrial companies. He has successfully applied his extensive expertise to numerous consulting mandates at the European and global levels.

In recent years, Steffen Kroner has played a significant role in establishing A&M as a leading provider of performance improvement consulting services in the region. Among his successes is the successful management of operational due diligence in connection with the carve-out of Thyssenkrupp Elevator for the final bidders, a company with a revenue of 8 billion euros and 54,000 employees worldwide. He also played a crucial role in the operational and IT due diligence for Bosch Packaging Technology, a company with a revenue of 1.3 billion euros and around 6,000 employees.

Before his promotion, Steffen Kroner held the position of Managing Director at Alvarez & Marsal, demonstrating outstanding leadership and strategic foresight. His experience includes serving as Interim VP Operations (COO) for Europe, the Middle East, and Africa at Vertiv, a publicly traded company with a global revenue of $5 billion in critical power and cooling technology for data centers, previously owned by a US private equity firm. Additionally, Mr. Kroner has successfully developed and implemented turnaround plans and restructuring programs for companies in various industries in collaboration with clients.

Mr. Kroner earned a diploma in business administration (Diplom-Kaufmann) at the University of Munich (LMU). For his thesis, he served as a research assistant at the Centre for Management Buy-Out Research (CMBOR) at the Nottingham University Business School.

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