Alsbridge announces leadership changes in its CEO, President and CFO positions. Alsbridge, a global consulting firm that provides Fortune 500 executives with independent advice on enterprise technology and business process transformation, is positioning the new leadership team to drive the firm’s continued growth.
Chip Wagner, who joined Alsbridge in 2008 as Managing Director, will become the Company’s CEO on July 1, 2013. In his new role, Chip will leverage 30 years of business experience including prior roles as the CEO of Marconi Wireless, President of Adea Solutions, President of Marconi North America, VP of Process Engineering & Business Transformation at USAA, President of Vehicle Industry at EDS and President Manufacturing at EDS Germany GmbH. Chip is a widely acknowledged expert in the sourcing advisory market having led hundreds of transactions with a combined value of over $15 billion with clients such as Cummins Engine, Detroit Diesel, Harley Davidson, HJ Heinz, Moore Business Forms, Radian Group and Zale Corporation.
“I had worked with Ben Trowbridge at EDS many years ago and in 2006 engaged Alsbridge to perform a sourcing assessment for our contact centers and back office functions during my tenure at USAA. The team did a fantastic job and two years later I accepted the invitation to join Alsbridge as Managing Director,” says Wagner. Since 2008, Alsbridge completed four acquisitions that combined with organic growth drove the firm’s growth rate to over 48% per year, inclusion in the 2010 Inc. 500 fastest growing privately-held companies in America, and an investment from LLR Partners at the end of 2012.
“One of our key acquisitions was the Thompson Advisory Group (TAG) which we purchased from Alcatel-Lucent in late 2009. I was introduced to Dieter Thompson, TAG’s founder, through a mutual friend, and we both immediately saw the synergies and growth potential in combining the outsourcing advisory and network consulting firms,” states Wagner.
Dieter Thompson, who joined Alsbridge in 2009 as part of the TAG acquisition, will become Alsbridge’s President on July 1, 2013. Dieter’s over 25 years of business experience as founder and CEO of TAG, Business Line President at Alcatel-Lucent, Vice President at ACS and multiple executive positions at AT&T. Dieter has negotiated over 800 global contracts representing $37 billion in annual revenue with clients such as CITGO, Best Buy, Northern Trust and Toyota.
Alsbridge has also added outsourcing industry veteran, Scott Scaff, as CFO. Scott’s over 25 years of business experience includes CFO roles at National Bankruptcy Services and Aurum Technology, a carve-out of the Community Banking Services Division from EDS. Scott brings extensive financial and business experience to rapidly growing companies providing business process outsourcing and technology services.
“It’s a terrific opportunity and honor to assume the CEO role at a firm on the rise. We have assembled a suite of offerings that are unmatched by our competitors, a team that is unrivalled in its delivery excellence, a very supportive investment partner in LLR, and a tremendous foundation of historical growth including a record year in 2012. Alsbridge’s first quarter revenue growth was over 40% and our prospects for the remainder of the year are strong.” says Wagner. “Our people are second to none,” adds Thompson. “And no other firm has our depth of industry data and ability to provide buyers an unbiased viewpoint on the vendor landscape – the value we bring to our clients is significant.”
About Alsbridge Inc.
Alsbridge is a global consulting firm that provides data-driven sourcing advisory and benchmarking services for IT, Finance and Sourcing executives. We’ve helped hundreds of companies reduce costs and get more value from their vendors. Our experienced consultants leverage proprietary tools and information databases to identify and engage the optimal vendors for your situation, negotiate best practice terms at fair market prices, and improve the way you work with your service providers. Alsbridge clients utilize the most cost effective and value added sources globally for IT infrastructure services, network carrier services, hardware and software, application support and development, business processes and cloud services.