Jeff Stempora

Jeff Stempora Email and Phone Number

Proven CEO | President | Vision, Strategy, and Transformation Expert | Executive Advisor | Fractional CXO @ Reach Partners Group
Jeff Stempora's Location
Bloomington, Illinois, United States, United States
About Jeff Stempora

As a President & CEO, board member, technologist, and advisor, I have extensive experience setting company vision and strategy, consistently aligning goals with value-generating activities to achieve growth and development, transformation and scaling of companies. I am passionate about setting the tone for companies and leading by example. I am also adept at championing corporate objectives and plans to create unity of purpose across organizations. I have often been recognized for developing and launching innovative products and programs, coming up with the big idea, leading large complex organizations and programs, and quickly turning around struggling businesses, producing billions of dollars in revenue growth.I have expertise in…- Creating cost reduction and consolidation plans which addressed extreme inter-company risk issues, moved locations from high-cost metro areas, and delivered on growth initiatives while achieving a $251M global operating cost reduction.- Establishing an enterprise vision of growth, developing competitive strategies, and achieving consensus on strategic priorities, executing and delivering results on strategic initiatives and M&A to realize $38B in top-line growth.- Collaborating with fellow executive leadership and the board to create an enterprise strategy planning and initiative approval process focusing on critical opportunities and challenges preventing success, resulting in $1.1B of new revenues and turnaround of a failing business unit.- Restructuring business and processes to better align with value generating activities, and introduced Six Sigma, Agile development, and design-thinking processes, achieving a 61% increase in division productivity, and 55% expansion in division capacity.Comprehensive Career Success:- Collectively generated $96B in topline growth throughout career.- Achieved $38B in operational savings throughout career.- Delivering products to market in the IoT space for 25 years.Contact me:jstempora@gmail.com

Jeff Stempora's Current Company Details
Reach Partners Group

Reach Partners Group

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Proven CEO | President | Vision, Strategy, and Transformation Expert | Executive Advisor | Fractional CXO
Jeff Stempora Work Experience Details
  • Reach Partners Group
    President & Ceo
    Reach Partners Group Feb 2022 - Present
    Lake Forest, Il, Us
  • Sage Savant
    President
    Sage Savant Apr 2016 - Present
    Management consulting firm providing executive and board guidance and fractional CXO/Board services to corporate and independent clients in insurance, financial services, health, and manufacturing.Deliver business growth, transformation, vision and strategy planning, operational management and optimization, risk management, turn-around, M&A, corporate governance, digital transformation, AI and product and market development. Worked with client’s product management and actuarial teams to determine cause of a new product’s underperformance; identified issues and created a structured plan to reengineer the product, processes, and predictive models. New predictive models allowed product to achieve underwriting profitability with 59% loss ratio. Achieved 25% revenue growth for a PE portfolio company by devising effective growth strategies. Improved profitability of line of business by 26%, driving implementation of six sigma and new business processes for clients. Led clients through complex business transformation resulting in $800M in top line growth, developing new business strategies.
  • Advanced Insurance Products & Services, Inc.
    Ceo, President, And Board Member
    Advanced Insurance Products & Services, Inc. 2011 - 2016
    Insurance telematics, insurtech, fintech, SaaS, and advanced artificial intelligence (AI) solution provider within the financial services, cyber security, and automotive industries. Founded and grew company from start-up, setting vision and building strategy to bring groundbreaking patents and products to market. Resolved hurdles preventing smartphone usage for insurance and fleet management products by developing the first smartphone-based solution that allowed driving performance monitoring without requiring phones to be stationary and without excessive battery drain, producing $18M in solution sales. Developed innovative insurance telematics solutions that could be readily branded and deployed, allowing insurance companies to compete in the market, resulting in $30M in solution sales. Expanded market share by acquiring $5M in funding to support corporate objectives.
  • The Evogi Group
    Ceo, President, And Board Member
    The Evogi Group 2010 - 2011
    Premiere provider of advanced vehicle telematics capabilities and associated information-based services for the P&C automobile insurance market. Led vision and strategy while directing business development, funding, business approach, marketing and branding, strategic partnerships, technology direction, and execution of exit strategy. Turned around company at risk of becoming insolvent by reengineering existing solutions and services to make the shift away from shipment tracking to telematics insurance solutions; rebranded and relaunched the company, marketed solutions, and negotiated agreements with first round of top insurer clients, securing a $5M contract with The Hartford. Formulated strategic partnerships with adjacent market solution providers and distributers, creating the first telematics ecosystem in the industry, ultimately bringing in $60M in annual revenues and achieving recognition as the number one solution provider in the industry.
  • Erie Insurance Group
    Senior Vice President, Strategy & Technology, Board Member And Cio
    Erie Insurance Group 2006 - 2009
    Erie, Pa, Us
    A super-regional insurance company offering auto, home, commercial, and life insurance.Brought on to turn around company and build comprehensive business strategies. Managed a $200M budget and 650 team members while also overseeing capital projects budget and approval process, monitoring results of corporate initiatives, leading the IT group, and serving on boards. Restructured business and processes to better align with value generating activities, and introduced Six Sigma, Agile development, and design-thinking processes, achieving a 61% increase in division productivity, and 55% expansion in division capacity. Collaborated with executive leadership and the board to create an enterprise strategy planning and initiative approval process focusing on critical opportunities and challenges preventing success, resulting in $1.1B of new revenues and turnaround of a failing business unit.
  • Citi
    Evp, Global Head Of Strategy And Cao
    Citi 2005 - 2006
    New York, New York, Us
    Multinational investment bank and financial services corporation serving more than 300 million customer accounts.Managed a $4.6B budget, set corporate strategy, and led a global workforce of 13,000 employees, maintaining focus on operational risk management, growth initiatives, M&A, and revitalization of global operations. Devised a plan to integrate competing banks in Japan and satisfy country regulators, acquiring a $33B bank and integrating its operations within an 18-month timeframe. Created cost reduction and consolidation plans which addressed extreme inter-company risk issues, moved locations from high-cost metro areas, and delivered on growth initiatives while achieving a $251M global operating cost reduction. Established an enterprise vision of growth, developed competitive strategies, and achieved consensus on strategic priorities to realize $38B in top-line growth.
  • State Farm ®
    Strategy Officer, Op Risk Officer, Data Officer, Ciso, Cpo, Compliance Committee And Board Member
    State Farm ® 1997 - 2004
    Bloomington, Illinois, Us
    Recruited to improve company performance. Managed $2.4B annual enterprise capital budget process and initiatives, operations and services encompassing all lines of business.• Accumulated $13B in assets on deposit by creating the State Farm Bank and performing extensive market analysis of customer needs and developing one of the first online banks.• Realized $9.1B in top line growth, challenging current beliefs, vision and strategy through communicating new vision and potential of superior products to senior management and board.

Jeff Stempora Skills

Executive Management Leadership Strategy Business Transformation Operations Management Process Improvement Strategic Partnerships Risk Management Insurance Management New Business Development Mergers And Acquisitions Governance Strategic Planning Change Management Strategy Execution P&l Management Start Ups Turn Around Management General Insurance Management Consulting Strategic Visionary Program Management Executive Coaching Business Process Improvement Organizational Development Entrepreneurship Financial Services Leadership Development Claims Management Customer Relationship Management Life Insurance Property And Casualty Insurance Six Sigma Sales Management Financial Planning And Analysis Team Building Mentoring Collaborative Leadership Communication Negotiation Consensus Building And Teaming Global Operations Performance Optimization Crisis Management Influence Others Executive Decision Making Servant Leadership Customer Service Cross Functional Team Leadership

Jeff Stempora Education Details

  • University Of Phoenix
    University Of Phoenix
    Organizational Leadership
  • University Of Virginia Darden School Of Business
    University Of Virginia Darden School Of Business
    Advanced / Executive Management & Strategic Leadership
  • Illinois State University
    Illinois State University
    Business Administration & Finance
  • Devry University
    Devry University
    Computer Engineering And Design

Frequently Asked Questions about Jeff Stempora

What company does Jeff Stempora work for?

Jeff Stempora works for Reach Partners Group

What is Jeff Stempora's role at the current company?

Jeff Stempora's current role is Proven CEO | President | Vision, Strategy, and Transformation Expert | Executive Advisor | Fractional CXO.

What is Jeff Stempora's email address?

Jeff Stempora's email address is js****@****cos.com

What is Jeff Stempora's direct phone number?

Jeff Stempora's direct phone number is +130945*****

What schools did Jeff Stempora attend?

Jeff Stempora attended University Of Phoenix, University Of Virginia Darden School Of Business, Illinois State University, Devry University.

What are some of Jeff Stempora's interests?

Jeff Stempora has interest in Education, Economic Empowerment.

What skills is Jeff Stempora known for?

Jeff Stempora has skills like Executive Management, Leadership, Strategy, Business Transformation, Operations Management, Process Improvement, Strategic Partnerships, Risk Management, Insurance, Management, New Business Development, Mergers And Acquisitions.

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