SierraConstellation Partners (SCP), a national interim management and advisory firm, has promoted Tom Lynch to president and chief operating officer.
In his new role, Lynch will work with Larry Perkins, founder and CEO of SCP, to expand the firm’s presence nationwide while also continuing to lead client engagements.
Lynch, who is based in Boston, joined SCP in 2018 as a partner and senior managing director. He has played a key role in building out the firm’s client roster and has led several of the firm’s major engagements – including serving as chairman and CEO of MedMen and as interim CEO of David’s Bridal.
Lynch has more than 20 years of consulting, financial services, and C-suite leadership experience, with expertise in crisis management, financial and operational restructuring, and mergers and acquisitions.
Prior to SCP, Lynch founded and led Woods Hole Capital, an asset management platform focused on senior secured direct lending in the consumer sector. Before that, he was chairman and CEO of Frederick’s of Hollywood, a publicly traded apparel retailer, where he oversaw a six-year turnaround and a successful sale to a private equity firm.
Earlier in his career, Lynch spent over a decade at BNY Mellon, where he was latterly a managing director at Mellon Institutional Asset Management and launched and managed its alternative product distribution group.
“When we brought Tom on board in 2018, we knew he would be a great addition to our team, and he has succeeded beyond our expectations,” said Perkins. “In addition to his skills as an established business leader and operator, Tom’s proven executive leadership experience and entrepreneurial spirit have helped him grow SCP’s presence across the country as well as in new service verticals and industry sectors. He has also been a great mentor to so many professionals at the firm and epitomizes what we look for in a leader.”
Lynch added, “Since joining SCP, I’ve been lucky enough to work with some of the smartest people in the industry who are not afraid to roll up their sleeves to deliver the best results for our clients. We are creating a new model for our industry at SCP which prioritizes hands-on, senior-heavy engagement with our clients, and there is plenty of room to scale this model across all of our areas of expertise.”
Founded in 2013, SCP provides services in interim management, financial restructuring, turnaround management, and performance improvement. The Los Angeles-based firm launched its performance improvement practice earlier this year with the addition of managing director Jim Peters.
The firm – which has approximately 40 people across offices in LA, Seattle, Dallas, Houston, Chicago, Boston, and New York – recently added Taylor Sherman as a managing director based in Houston.