Jorgensen and his team worked with the corporate development group of a global tire manufacturer to achieve its strategic vision of transitioning from a pure-play tire manufacturer and supplier to a logistics-driven service provider that predicts and responds real-time to the needs of a diverse customer base.
By assessing various strategic alternatives and measuring against similar transformational initiatives among the client’s peers, our team presented an actionable plan and implementation framework that led to board approval to undertake the team’s recommended strategic vision.
As a result of the initiative, the company recognized an increase in EBITDA multiple of more than 33% post implementation.
Note: This work was performed prior to joining Stout.