Consulting firm Teneo hires ex-Deloitte executive to launch Canadian restructuring team

The Globe and Mail · Andrew Willis · 2026-11-06 12:08 UTC

Phil Reynolds was hired to lead what is expected to be a 50-person unit in two years

Global consulting firm Teneo added a financial advisory team to its domestic platform by hiring the former head of Deloitte’s restructuring and insolvency group.

On Friday, Teneo announced Phil Reynolds joined its office in Toronto as a senior managing director and head of what is expected to be a 50-person Canadian unit in two years.

Mr. Reynolds led Deloitte’s restructuring services in the Americas during his nine years at the firm and oversaw some of Canada’s largest and most complex creditor workouts and bankruptcies. He also worked at Alvarez & Marsal and was a partner at KPMG.

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