Product Profit Rebuild $3.5B Industrial/Consumer Products Manufacturer

Situation: Business unit experiencing increasingly negative EBITDA. Multiple unsuccessful attempts to resolve the issue through different business finance managers.

Key Results:

• Transformed a $20M annual loss into a $20M annual EBITDA by developing sophisticated financial bridges to identify and quantify the root causes of the losses.
• Conducted an in-depth analysis of cost accounting and standard costing, leading to strategic actions, including the closure of an unprofitable U.S. plant, the implementation of inter-business transfers between Asia Pacific and EMEA, and the renegotiation of raw material contracts with Dow Chemical.
• These initiatives provided the financial stability necessary for the company to successfully go public.