Steve Adolph Email & Phone Number

Downers Grove, Illinois, Us

A private equity owned consumer electronics and consumer goods company focused on mobile accessories (charging stations, charging cables, power banks, Bluetooth speakers). Products sold through leading Food, Drug, Mass, Club, and Specialty. TYLT brand acquired in September 2023 has patented products such as Hydration bottles with built in Bluetooth speakers or wireless charging.Midwest Trading Group sells consumer brands such as The Voice, Powerxcel, Itek, Soundlogic, and Audiolux,

Mccook, Il, Us

Marquee Event Rentals is a service oriented, technology driven company that has provided complete rental solutions for the past 80 years. Whether a back yard party or national festival, our creative design consultants are excited to plan your next event. 100% Committed. Every Day. Every Event. Private Equity Owned.

Beloit, Wi, Us

PlayMonster is a leading global toy and game company with popular brands such as Disney Trivia, Spirograph, Playskool, Koosh, Five Crowns, and 5 Second Rule. Private Equity Owned by HIG and Adam Street Partners.Key Accomplishments:Engineered a turnaround of the business transforming meaningful losses into profitability. Dramatically improved the liquidity of the business through inventory reductions, SKU rationalization, operating expense reductions and new financing.Significantly improved operational performance by launching a monthly set of processes that led to better forecasting, S&OP discipline, timely new product launches and enhanced retailer and marketing spend ROI.Launched the #1 new children's game in 2023 -- Pigs on Trampolines and won the Toy of the Year Award in both 2022 and 2023 even though PlayMonster competes with much larger toy companies.

Beloit, Wi, Us

Chicago, Il, Us

Owned by Private Equity Firm Gemspring Capital, Rapid Displays and Outform have partnered to form one of the world's largest retail marketing groups with innovative visual and display solutions especially in the consumer electronic space. Their roster of blue chip clients is unparalled in the industry: Amazon, Anheuser-Busch, Apple, Facebook, Google, Intel, Samsung, Sephora, & Target.Key Accomplishments:Revenue grew 20% through key RFP wins with Intel and Facebook and expansion of business with current customers such as Sephora, Ulta & Target.Led integration of Rapid Displays and Outform (acquired April 2021) which generated close to $8 million in cost savings through rationalizing the infrastructure/headcount.Led operational project which identified $7 million in savings and provided a global process roadmap to standardize the value chain across 5 different manufacturing facilities – over 1 million sq. feet.

Auburn Hills, Mi, Us

SPAR is a $250 million global retail merchandising company providing labor, technology and omnichannel solutions for primarily Fortune 500 clients such as P&G, Nestle, Coke, Pepsico, Red Bull, Reckitt Benckiser, Cargill, Kimberly Clark, Nivea, Apple, and WalmartCorporate Officer with full P&L responsibility who more than doubled revenue and EBITDA in 2 years for the $165 million International Division encompassing 950 professional staff and 20,000 merchandisers based in Australia, Brazil, Canada, China, India, Japan, Mexico, South Africa, and Turkey. Key Accomplishments:Increased revenue from $75 million to $165 million while increasing EBITDA 165% after inheriting a business that was not growing for 3 years prior to my arrival.Leading the company’s global COVID-19 response and driving best practice response.Established a business intelligence consulting function where we have been able to pivot from just providing labor to providing data analytics that consolidate 3 streams of data: execution, scanner and loyalty.Pivoted company to provide physical AND virtual services to our customers.Led team that won $100 million, 5-year RFP – the largest in our 50-year history.As an authority on global retail trends, consult with our Fortune 500 clients on how to merge physical and online retail into an omninchannel approach.

Retained by one of Chicago’s leading PE firms to lead the acquisition process to acquire Bubbies Mochi Ice Cream, a 30 year-old market leading frozen treat manufacturer. Conducted all the strategic, operational and financial due diligence with the intention to be new CEO. Reached LOI stage of process.

Chicago, Il, Us

More than doubled revenue and EBITDA in 2 years for manufacturer of high-end, luxury outdoor grills, pizza ovens, and refrigeration. Hybrid Fire Grill ($15-$20K retail price) consistently rated the best grill in the world. Held full P&L responsibility, managing Chicago corporate HQ and Kalamazoo, MI manufacturing plant. Reported to Chairman of privately held company.Key Accomplishments:• Increased revenue 118% and EBITDA 352% in 2 years. Revenue growth of 51% in 2014; improved gross margin by 6 points with manufacturing efficiencies. • Negotiated new distribution at key retailers (Williams-Sonoma, Restoration Hardware, PIRCH).• Led complete overhaul of eCommerce platform which drove a significant increase in sales• Implemented new website with stronger lifestyle orientation and revamped all social media properties.• Developed new marketing approach combining print ads and targeted cooking events for publications such as Robb Report, Town and Country, and Saveur• Cultivated relationships and staged events with high-profile celebrity and business customers to generate incremental sales via recommendation and word-of-mouth.• Launched company-wide performance development and objective/key result process, increasing focus, improving execution and contributing to revenue and EBITDA growth.• Led international expansion plans with 2014 implementation in Canada and 2015 in Europe.

Chicago, Il, Us

Leading manufacturer of clay-based industrial and consumer products. Revenues of $250M and NYSE listed.P&L responsibility for four global divisions: International Cat Litter, Agricultural Products, Animal Health and Fluid Purification, with ~$100M in revenue and staff of 100. Reported to President/CEO.Key Results:• Turned around Animal Health division through focus on Brazil, Mexico, China, and Japan. • Restructured Canadian and UK Branded and Private Label cat litter business to achieve profitability • Involved in launch of revolutionary new light weight cat litter for US and international divisions.• Led R&D function to improve team dynamics, drive more new products & innovation pipeline.• Drove 100% adoption of salesforce.com to manage customer opportunities.

Rotterdam, South Holland, Nl

Short tenure due to reorganization after 2010 merger with Cliffstar Beverages.$2.3B producer of private label beverages for retailers (Walmart, Kroger, Safeway, Supervalu, HEB, Publix, Aldi, CVS, and Dollar General). NYSE Listed.Led marketing and strategy for $1B+ US private label beverage business with 5,000+ SKUs and customers such as Walmart, Kroger and Dollar General. Managed staff of 15. Reported to PresidentKey Results:• Created 3-year strategic plan and roadmap for 10 beverage categories• Led marketing efforts for Walmart, with over 100 Cott private label SKUs.• Developed Walmart business case to secure permanent listing of energy drinks and secured first national energy drink promotion.• Led integration of Cott and Cliffstar marketing efforts and developed merged company website. • Developed social media strategy for Facebook, Twitter, YouTube, and location-based platforms.

Elyria, Ohio, Us

World’s leading manufacturer of wheelchairs, beds, pressure care mattresses, respiratory therapy and aids for daily living for nursing homes, hospitals and homes. NYSE listed with revenues of $1.8B.Full P&L responsibility for the company’s medical equipment operations in Asia/Pacific with a particular emphasis on Australia/NZ. Revenue of $70 million and 200 employees. Reported to COO.Key Results:• Turned around Australia business by integrating four acquisitions, shutting down 3 manufacturing plants and moving overseas, and establishing consistent products and processes across 5 locations.• Achieved $4M+ increase in profitability and double-digit growth in sales through focused segmentation, targeting and positioning of multiple product categories and channels. • Reduced working capital through reduction of over 7000 SKUs• Led project to convert region to one integrated JDE IT platform from six different systems.

Rochester, Ny, Us

Global leader of branded and private label fire-resistant/security safes distributed primarily in big box retailers. Privately held with revenues of $150MDoubled revenue and EBITDA over three year period after taking over a business with low single digit growth rate. Full P&L responsibility for global leader in fire resistant and security safes operations in 60 countries with an emphasis on Asia/Pacific and Europe. Managed team of 30 and legal entities in China, Japan, UK and Brussels. Primarily distributed in global 100 retailers. Reported to CEO.Key Results:• Transformed stagnant businesses in Europe and Japan into 30% annual growth rate. • Established private label manufacturing relationships for 10 European retailers. • Appointed 10 new international distributors and agents to increase geographic footprint.• Created China sales/marketing entity and developed go-to-market strategy

Managed $100M P&L for Asia/Pacific business with responsibility for 3 divisions and 150 employees including 40 person sales force and 70 person manufacturing plant. Reported to COOKey Results:• Created new Asia/Pacific organization that more than doubled revenue (140%) and EBITDA (250%)• Attained #1 market share position in 10 of 13 countries and drove annual 20-30% revenue growth, 30-40% profit growth • Led expansion into private label sweetener business to offset share loss associated with private label expansion throughout the region.• Key member of divestiture team managing due diligence and transition to Private Equity

Mba, Marketing

Ba, Art History, Political Science

Education record