Miami (Tuesday, June 30, 2015) – The Confederation of North, Central America and Caribbean Association Football (CONCACAF) announced today that it has hired the firm Alvarez & Marsal to make an assessment of its operations. Carlos Vincentelli, a Managing Director based in Alvarez & Marsal’s Miami office, will lead a team evaluating CONCACAF’s finances and operations, and implementing improvements to the Confederation’s operational effectiveness.

“We are extremely pleased to welcome Carlos and looking forward to working with Alvarez & Marsal,” said Ted Howard, Acting General Secretary of CONCACAF. “The Confederation will benefit from the broad perspective and experience that Carlos brings from outside the world of soccer. This will help ensure the Confederation operates at the highest level of organizational efficiency and accountability going forward.”

As part of evaluating CONCACAF’s finances and operations, Alvarez & Marsal will undertake a 4-5 week assessment of the Confederation’s business, and recommend improvements to financial reporting processes, spending and cash flow management, third party vendor relationship management, and organizational effectiveness. The recommended improvements will allow CONCACAF to continue to focus on organizing world class events for its fans, players, teams, sponsors, and broadcast partners throughout the region.

With more than 17 years of private sector and interim management experience in North, South, and Central America, Vincentelli has experience across a wide variety of industries outside of the sport. Some of his notable assignments include serving as interim Chief Operating Officer, Senior Vice President of Operations, and Chief Transformation Officer for clients in the consumer, retail and professional services industries.

In addition to hiring global professional services firm Alvarez & Marsal, CONCACAF has engaged Global Strategy Group to assist with public affairs and communications regarding the Confederation’s reform efforts, while Sidley Austin LLP continues to serve as CONCACAF’s legal counsel.

About CONCACAF
CONCACAF — the Confederation of North, Central America and Caribbean Association Football — is one of six continental confederations of FIFA (Fédération Internationale de Football Association) and serves as the governing body of football in this part of the world. It is comprised of 41 national associations, from Canada in the north to Guyana, Suriname and French Guiana in the south. Please visit www.concacaf.com for more information