Thierry Hittinger
Turnaround Manager
Experience
Integration Advisor
Support for integrating the first acquisitions as part of a buy-and-build strategy, including optimization of control systems
Managing Director
Operational setup after a very fast launch of the growing business in a new country
Plant & Brand Manager
Restoring business processes after a failed integration of an acquisition in France following a takeover by an American group and the subsequent orderly shutdown
Managing Director
Transformation and efficiency improvement processes to prepare and optimize disposal options by the private equity shareholder
Interim CRO
Development and launch of a restructuring plan on market positioning, production costs and organization, including integration of the main parts of the group in France and Germany
Interim Managing Director
Taking over management after a failed succession of the injured owner and the resulting crisis situation
Interim CRO, CEO
Taking over management as part of a restructuring report requested by the banking syndicate, restoring the banks' trust, revitalizing sales, integrating into the group, reducing inventories. Restored positive results (EBIT from -1.5 to +1.5 million €), eased liquidity situation and balanced balance sheet structure in the challenging market segment of welded steel pipes within a crisis-hit group
Interim CFO
Short-term takeover after loss of confidence in the outgoing position holder, negotiation of salary adjustment as of January 1, 2009 with the works council, coaching the new head of the service division (50% of sales), introduction of sales-promoting financing options, initiation of cost reduction programs and group communication
Interim CEO, CRO
Integration and turnaround of the acquired company, reversal of the negative variance to budget, reduction of inventories, renegotiation of framework agreements with automakers, productivity improvement and logistics reorganization, introduction and coaching of a leadership team
Interim Business Development Manager
Defining the organization for sales floor and workshop, overseeing construction work and business furnishings, creating business plans, negotiating financing
M&A Advisor
Performgate
Supporting companies in special situations such as sale, purchase, integration, crisis, restructuring, startup or growth. M&A and financing projects in various industries
Vice President Finance
Beissbarth Automotive Group GmbH
Restructuring and turnaround of the group, plant shutdowns, spin-offs, production relocations, refocusing R&D, ERP implementations, marketing rollout and other measures that improved operating result from -€10M in 2002 to €4.5M in 2004 and reduced current assets from €87M in 2002 (€105M at start of 2002) to €52M in 2004. This allowed the group to be sold from a publicly listed company to a fund in 2005
Controller
USINOR TUBES SA
Strategic controlling of the precision tubes division with plants in France, Germany and Spain that had to be integrated into a common organization after the mergers of Usinor, Cockerill and Arbed
Managing Director
Homburger Röhrenwerk GmbH
Reviewing options to continue operations and determining the need for a shutdown and carrying it out, including communication and negotiations with the works council and unions, overseeing personnel measures and support for new employment, relocating customer base and equipment to other plants, selling the property, securing tax loss carryforwards within the group
CFO
TUBEUROP FRANCE SA
Adjusting the approach of the 5 plants that were previously separate entities, organizing corporate management, implementing a culture of continuous improvement, leading the Euro, millennium change and industrial benchmarking projects across all European plants and companies
Sales Manager
SaarluxStahl GmbH
Coordinating sales activities in Germany, direct customer support, as well as managing on-site sales and building a sales team with expertise in the welded steel pipes business
Sales Manager
TUBEUROP FRANCE SA
Coordinating sales activities in Germany, setting sales policy, negotiating major deals, managing the sales team for the SaarluxStahl representative
Managing Director
Homburger Röhrenwerk GmbH
Reorganizing the company after a partial shutdown, optimizing steel purchasing and implementing new supply sources from the East, as well as organizing group reservation and use of excess rolling capacities, identifying coordination failures in sales activities at the group head office
Commercial Director
Homburger Röhrenwerk GmbH
Setting up corporate management from introducing accounting and building order processing to implementing controlling in the newly founded spin-off. Negotiating with the Ministry of Economic Affairs on obtaining investment grants, after the approval criteria could not be met
Controller
Rehau SA
Cost planning, production costs, intercompany allocations to cost centers, cost units and other companies of the group
Machine Operator
Rehau SA
Responsible for 1 to 3 extruders and allocating the assigned personnel
Summary
Experienced German-French manager with a track record in different industries and types of companies, be it corporations, mid-sized businesses, private equity firms or family businesses.
Wide range of tasks and responsibilities in various business situations, based on initial business administration training.
Proven expertise in carrying out turnarounds and restructurings, with successful negotiations with works councils, unions, banks, shareholders and suppliers. Significant performance improvement with appreciative leadership to ensure sustainability.
Languages
Education
Unknown
D.E.S.E. (Diplôme d’Etudes Supérieures Economiques) · Business Administration
Certifications & licenses
D.E.S.E. Diplôme d'Etudes Supérieures Economiques
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