Hannover-Braunschweig-Göttingen-Wolfsburg Region
I am a CEO / Senior Industrial Leader and EBITDA Growth Specialist, developing and implementing complex business transformations for private equity-backed and corporate global manufacturing companies. I am currently President & CEO of the €1.1bn performance plastics Food & Consumer Packaging division at Klöckner Pentaplast. Previously, I spent 2 years at Kalle Group as CEO & Managing Director, preparing and executing the sale of the business in 2016. My earlier career includes 8 years with Fiberweb plc in roles including: President & MD Technical Fabrics; and Global President Consumer Fabrics. During this time, I spent a period as Executive Director of their plc Board. I have also built a NED portfolio with companies including APK AG, PETCORE and Fitesa. I can leverage my enterprise value enhancement experience in €300m to €1bn+ global businesses to rapidly deliver significant EBITDA growth while also leading complex organisational re-alignments and turnarounds in PE-backed businesses. As a Senior Leader, I have a proven track record directing large scale business divestments and developing 3 to 5-year business strategies that attract potential buyers. This includes, as CEO of Kalle Group, leading a turnaround of their financial performance (EBITDA-based EV increased by c.30%) to enable the successful and highly profitable sale of the business (money multiple: 3.5). Additionally, I nurture collaborative senior stakeholder relationships up to board level to win buy-in to strategies that transform sales organisations and drive operational efficiency improvements. My areas of expertise include: * EBITDA Growth of PE-backed companies * Full P&L Accountability * Sales & Pricing Strategy * Operational Efficiency Improvement * Executive Team Leadership * Change Management * Organisational Restructuring * Company Sale Process * Mergers & Acquisitions * Board-level Business Leadership * Board Advisory / Non-Executive Director * Innovation
Liveo Research is a global leader and an innovation-led packaging solutions provider that partners with the pharmaceutical industry to improve patient healthcare outcomes. We endeavor to deliver effective and affordable solutions that enhance the speed and quality of drug discovery and help build and protect brands by ensuring the delivery of genuine medicines to patients.
APK AG has developed a new, innovative recycling technology (Newcycling®) to separate complex multilayer plastics to produce pure polymers similar to virgin materials.
Klöckner Pentaplast (KP) is a global leader in the packaging sector. €1.9bn revenue. 6.3k staff across 35 production sites. KP is held by Private Equity. I was President and CEO of the €1.1bn performance plastics Food & Consumer Packaging division of Klöckner Pentaplast with c. 4.5k staff and global presence from 22 plants worldwide. I have been responsible for the integration of Linpac, a €500m manufacturer of trays and flexible films for the food industry acquired in 2017. • Delivered EBITDA improvement in 2019 of 26.5% over prior year which is also 12% over budget. • Improved absolute EBITDA performance by 3.7% within 18 m. • Maintained profitability in 2018 despite an unprecedented high increase of raw material cost of more than €45m p.a. through effective pricing (98% recovery of increased costs) and customer / product portfolio optimisation. • Addressed organisational challenges, and integrated/streamlined the diverse organisation of former 2 companies “Linpac” and “KP”. Delivered significant SGA savings in 2018 (ca. €10m p.a. run rate). • Re-built leadership team and created regional P&L structure with central coordination. Achieved male/female equality in leadership team. • Guided turnaround plan for the Americas region delivering an EBITDA improvement YOY of 58% • Reprioritised and reduced required demand for Investment & Maintenance Capex by 40%
This is the association representing the PET (“Polyester”) value chain, based in Brussels
Kalle is a leading producer of specialised packaging solutions supplying the global FMCG meat industry with 14 manufacturing sites in 9 countries. Kalle was acquired by PE Investor Silverfleet Capital in 2009 and sold by me to a new investor in 2016. • After 24 months, led successful exit to new shareholder, improving EV in excess of €120m or 30%, through significant EBITDA growth, delivering a money multiple of 3.5 to the seller. • Drove significant sales growth of 7% p.a., 2x market growth, in particular through innovation, improved customer mix and pricing. • Delivered highest cash position ever in company’s history, driven by margin and working capital improvements as well as much improved “Quality of Earnings”. Voluntary debt repayments and deleveraging of the company went from 4.5 to <3. • Created new market segment “Value Added Sausage Casings” with superior growth potential (>10% p.a.) • In conjunction with CFO, improved quality, speed and transparency of financial reporting at Kalle, a complex business with >10 k SKUs and major intercompany business. Introduced SAP at 2 German sites.