Client: New York based investment bankInvestment: $300M
Role: C-level technology strategy leader, while a Senior Manager at Deloitte Consulting
Description: Led the strategic technology planning team as part of the restructuring of a Russian truck manufacturer. After the fall of the Berlin Wall, a leading investment bank made a significant investment in Russia's largest truck manufacturer and the world's second largest gray-iron foundry - a marvel of Soviet achievement in its day. The investment bank retained Mr. Crandall as a technology team leader through the Big 4 firm that employed him as part of a progam to help it determine why its investment was not performing according to expectations. As the technology team leader, worked with the company's Russian management team to developed a strategic information systems plan to support a $100M lending agreement between the manufacturer and a major international lender.
Outcome: Strategic plan was well-received as part of the firm's $5M work product to the investment bank. Later, led full program team during team extraction when sensitive operational irregularities where discovered.