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A senior business leader and operations executive, I bring a record of success and expertise in organizational transformation and expansion, optimizing efficiency within business units, and managing complex acquisition integrations to fully leverage synergies. I excel at leading change to consistently drive EBITDA growth, serving as a valuable resource to corporate executives at the highest levels of global business, and effectively combining McKinsey problem solving skills with far-reaching leadership experience. Following a distinguished career, most recently with Sealed Air Corporation (NYSE: SEE), I now leverage this experience and expertise as an executive advisor, management consultant, Board Director, interim manager, and supply chain and integrated logistics services expert.A dual USA and Swedish (EU) citizen, I leverage a dynamic multinational and multicultural background, and have repeatedly exceeded business goals in developed and emerging markets around the world. I have a “hands on” leadership style and understand the importance in developing top performing teams-a key component in my ability to find a way to win, regardless of internal and marketplace challenges.SKILLS AND EXPERTISEExecutive Leadership, Manufacturing & Production, Supply Chain & Logistics, International Operations, Change Management, Process Improvement, Efficiency & Optimization, Acquisition Integration, Strategic Planning, P&L Responsibility, Budget Management, Market Expansion, Continuous Improvement, Quality & Service, Product Innovation, Capturing Synergies, Competitive Analysis, Project Management, Compliance & Safety, Diversity Programs, Sustainability Initiatives, Supplier/Vendor Management, Hiring & Onboarding, Cross-functional Teams, Employee Engagement, Sales & Operations Planning, Capital Funding, Advisor & Consultant, Partnerships & Alliances, Stakeholder Relations, Speaking & Presentations
Independent Consultant
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Executive Business AdvisorIndependent Consultant 2016 - PresentStockholm, Sweden & Nice, FranceDeliver results oriented expert advice, management consulting and interim management services to private equity clients and international/multinational corporations across EMEA.• Leverage combined McKinsey consulting and 20+ years senior business leadership experience and expertise across North America and EMEA, in public and private companies• Advise clients across a full range of capacities, including: strategy consultant, Board Director for public and private companies, interim executive, and expert advisor for supply chain and integrated logistics.
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Vp Supply Chain Emea, Sealed Air Food Care, Product Care, Diversey Care & Specialty MaterialsSealed Air Corporation 2015 - 2016Utrecht, The NetherlandsA global leader in the manufacture and distribution of protective and specialty packaging for food and consumer goods, Sealed Air Corporation (NYSE: SEE) generates $7.8B annually and serves customers in 175 countries. • Led all Sealed Air Corporation Operational Functions for the three business divisions in the $2.42B EMEA region, with responsibility for more than 50 Manufacturing and Distribution centers in 26 countries, and over 500 outsourced suppliers. Managed an annual operational budget of $1.16B, $30M in annual capital expenditures, 12 director-level reports, and a combined organization encompassing 4,000 personnel.• Achieved strong results in Europe for FY 2015, successfully meeting the challenging macroeconomic and foreign exchange rate environment. Exceeded EBITDA targets for all divisions, and managed supply chain operations to surpass objectives for service, quality, safety and overall cost efficiency.• Served as a member of the Global Supply Chain Leadership Team, member of the Global Business Leadership Council, and as Chairman of the cross-functional European Leadership Team.• Managed a network of 500 outsourced suppliers producing chemical products for resale, as well as chemical contract manufacturers, cleaning tool and utensil producers, and flexible film material suppliers.• Developed and led major strategic growth and innovation projects to ensure continued growth for the SEE EMEA business in highly competitive markets. Upgraded proprietary Food Care technology, carried out strategic investments and divestitures within Product Care, expanded manufacturing capabilities in CIS countries, and established strategic partnerships to outsource and improve order fulfillment and distribution.• Traveled extensively across Europe, the CIS, Middle East, and Africa, to attend strategic and operations alignment meetings with division leaderships, drive supply chain operations performance, and support M&A activities. -
Vp Supply Chain Europe, Sealed Air Cryovac, Protective Packaging, Specialty Materials & DiverseySealed Air Corporation 2011 - 2015• Responsible for leading the operations integration of the legacy Sealed Air Supply Chain with the Diversey acquisition, to form a consolidated SEE Europe Supply Chain organization. Developed and implemented the Sealed Air Get Fit strategy for Supply Chain, to optimize the efficiency and effectiveness of an integrated $2.17B pan-European organization.• Managed a $1.03B operational budget, $30M Capital Expenditures, and 10 direct reports. Maintained responsibility for 4,000 employees located across Europe and The Commonwealth of Independent States. • Led the post-acquisition integration strategy to incorporate a network of 500 suppliers and a complex range of SKUs into the joint Operations/Supply Chain and legacy manufacturing network. Captured acquisition synergies to deliver $9.5M in annual cost savings, implemented sales and operations planning to reduce days of inventory on hand by 10%, and tightened product and process specifications to improve quality PPM by 50%. • Traveled 80% of the time, across Europe, to lead the operations of the combined Supply Chain operations. -
Vp Supply Chain Europe, Sealed Air Cryovac, Protective Packaging & Specialty MaterialsSealed Air Corporation 2010 - 2011• Promoted to expand responsibilities to the Protective Packaging and Specialty Materials business units. Enabled total sales of $977M, managed an operating budget of $568M, 9 direct reports, and a total organization of 3,200 employees. Served as Supply Chain Business Partner to the Global Food Solutions Business Unit.• Successfully integrated Protective Packaging with Cryovac operations, and consolidated Protective Packaging plant networks in Iberia and Italy. Retained all customers while closing three plants and capturing synergies across the businesses. Generated a $9M cash benefit from divested plants, and an annual cost savings of $6M. • Continued the implementation of the Food Packaging strategy to consolidate and relocate operations to Eastern Europe, overseeing the hiring and training of over 600 personnel while restructuring the western plants. Achieved annual cost reductions exceeding $28M, while significantly improving both quality and service. -
Vp Supply Chain Europe, Sealed Air CryovacSealed Air Corporation 2008 - 2010• Selected to relocate to France and take over as the Vice President responsible for leading supply chain operations across three business units: Food Solutions, Food Packaging and Shrink Packaging. Enabled total sales of $686M, while managing an operating budget of approximately $395M. • Developed and initiated a comprehensive Food Packaging strategy and implementation plan, to move labor-intensive operations from Western Europe to Eastern Europe. Constructed plants in Poland and Hungary to consolidate operations from four West European facilities, and generate targeted cost savings of $16.5M annually. -
Vp Global Tray OperationsSealed Air Corporation 2006 - 2008Elmwood Park, Nj• Developed Sealed Air’s global strategy for Rigids, a $400M business with manufacturing and outsourced partners located across Europe, North America, and Australia. Supported the Global Foods Solutions strategy to grow Case Ready and Ready Meals sales in Europe, the Americas, and the Asia-Pacific region. • Responsible for making determinations between internal manufacturing and outsourcing, prioritizing equipment investments, and ensuring supply levels kept pace with expansion efforts.• Established a major manufacturing and supply operation serving supermarket chains within the Spanish market. Facilitated just-in-time (JIT) delivery capabilities and completed customized integrations with customer systems. -
President & CeoPlymovent Corporation 2002 - 2006As a privately held company, specializing in the manufacture and distribution of industrial process ventilation equipment for a range of applications, PlymoVent supports multiple industries across North America.• Led the company’s P&L growth with an emphasis on expanding sales and cash flow management. Succeeded in more than doubling sales during tenure, from $8M to $17M, in the face of challenging economic conditions. • Segmented sales and doubled U.S. and Canadian distribution networks, with new channels to reach key customer segments. Restructured product pricing and simplified the discounting structure for distributors.• Led the successful divestiture of the company to Netherlands-based Euromate in 2006, achieving targets for EBITDA multiples. Delivered multiple investor presentations in the U.S. and Europe, showcasing the potential value in identified synergies, along with PlymoVent’s distribution network spanning North America. -
Chief Executive OfficerDms 1999 - 2001Greater Philadelphia Area
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PrincipalRedding Consultants 1998 - 1999Fairfield, Ct
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Executive Vice PresidentHowe Corporation 1996 - 1998Trumbull, Ct -
Vice President, OperationsHowe Corporation 1992 - 1996Trumbull, Ct -
Division PresidentEf International 1990 - 1992Cambridge, Ma
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Engagement ManagerMckinsey & Company 1984 - 1990Boston, Ma & Scandinavia
Lars Fritz Skills
Lars Fritz Education Details
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M.B.A. Master Of Business Administration -
Civil Engineering
Frequently Asked Questions about Lars Fritz
What company does Lars Fritz work for?
Lars Fritz works for Independent Consultant
What is Lars Fritz's role at the current company?
Lars Fritz's current role is Senior Executive | Advisor & Consultant | Interim Manager | Board Member | Supply Chain & Integrated Logistics Expert.
What is Lars Fritz's email address?
Lars Fritz's email address is la****@****air.com
What is Lars Fritz's direct phone number?
Lars Fritz's direct phone number is (980) 221*****
What schools did Lars Fritz attend?
Lars Fritz attended Imd Business School, Kth Royal Institute Of Technology.
What skills is Lars Fritz known for?
Lars Fritz has skills like Executive Leadership, Manufacturing And Production, Supply Chain And Distribution, International Operations, Change Management, Process Improvement, Efficiency And Optimization, Acquisition Integration, Strategic Planning, P&l Management, Budgets, Market Expansion.
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