Interpath Advisory announces duo of senior hires

02 June 2021 3 min. read
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Having formally relaunched as an independent firm at the start of May, Interpath Advisory has continued to expand its firm with the addition of two senior hires. Phil Popham arrives as a Special Advisor, while Suren Thadani joins as a Managing Director.

Blair Nimmo, Chief Executive of Interpath Advisory, commented, “As we kickstart our journey as an independent business, Phil and Suren’s extensive experience of working with large, complex organisations on transformation programmes, both here in the UK and across the globe, will add significant firepower to our client offering.”

Phil Popham has made a career in turnaround work for major businesses, and is highly-respected in the global automotive industry, as well as in the luxury sector and closely associated with premium British brands. As a Special Advisor with Interpath Advisory, he will now work as part of Interpath’s Advisory Committee to support large and complex international organisations deliver transformation programmes alongside their ambitious growth plans.

Phil Popham and Suren Thadani - Interpath Advisory

Prior to joining the consultancy, Popham was appointed CEO of Lotus Cars where he led the development of a substantial long-term turnaround and growth plan involving unprecedented levels of investment, including the development of the first British all electric hypercar, the Lotus Evija. Before that, he spent four years as CEO of Sunseeker International where he led the transformation of the business that returned the luxury yacht manufacturer to profit through the development and implementation of a business plan focussed on product investment, revenue growth and manufacturing efficiency.

Speaking on his appointment, Popham said, “In today’s complex markets, organisations large and small are having to work tirelessly to defend, preserve, sustain and grow value. I am enormously excited to be working with the team at Interpath, with their freedom to innovate and to respond at pace to their clients’ challenges.”

Suren Thadani meanwhile commands more than 20 years of experience advising on complex transformations and turnarounds, as well as helping businesses to scale both organically and inorganically. He joins Interpath’s Special Situations Group, led by Mark Raddan, and will focus on operations restructuring and value creation, working with private equity clients and organisations across the technology, aerospace, energy and industrials sectors.

Prior to becoming a Managing Director with Interpath, Thadani was at Oliver Wyman, where he was responsible for project delivery, business development and creation of digital supply chain assets within the operations and transportation practice. He successfully delivered operations transformations that resulted in valuation uplifts for Private Equity clients by implementing cost transformation, working capital improvement, and margin optimisation initiatives.

Reflecting on his new challenge, Thadani added, “We are operating in a new normal, which requires organisations to think deeper and deliver impact more quickly than ever before, and crucially, in a sustainable manner. What excites me about joining Interpath is the opportunity to create operational value for our clients in a simple manner, and to do so with the agility and nimbleness that today’s fast-paced environment demands.”

Interpath Advisory is the UK’s largest independent corporate turnaround firm in Britain. It was formed by a carve-out of the restructuring practice from the UK wing of KPMG, which signed an agreement with investment firm H.I.G. Europe reportedly worth £400 million.