Thomas Group, Inc. (NasdaqGM:TGIS), a global consulting firm, announced today the appointment of six practice leaders as part of the transformation of its consulting business. The Company is refocusing and repositioning its current services, and building a premier global consulting organization to provide strategic and operational advice to its clients and target markets. Thomas Group will focus on market leading issues and address client needs in six practice areas: Aerospace and Defense, Air Force, Army / Navy, Healthcare, Industrial, and Transportation and Logistics.
“Each new member of the team brings strong consulting practice-building skills, entrepreneurial capabilities and deep industry knowledge to the practice they lead,” said Earle Steinberg, President and CEO of Thomas Group. “Thomas Group is well positioned to become the premier global provider of operational consulting services to its select industries.”
The new practice leadership team members are:
Aerospace and Defense
Mark Ozenick is responsible for leading the Company’s efforts in developing and providing client solutions for Thomas Group clientele in the Aerospace and Defense and Private Equity markets. Ozenick is an accomplished senior executive and leader possessing a diverse and multi-disciplined background in general management, operations, sales and marketing. His experience spans 30 years in start-up, existing enterprise, pre & post merger/acquisition and turnaround operations in the business aviation flight services and aerospace manufacturing sectors.
Thad Wolfe, Lieutenant General, USAF (ret), is the Practice Leader for the United States Air Force. He leverages Thomas Group’s knowledge and experience on a global basis for managing all USAF-related business development, support, and service delivery. Wolfe spent 31 years in the US Air Force serving in operational command and staff positions including assignments as Squadron and Wing Commander, Strategic Warfare Center Commander, and the Deputy Director responsible for National Strategic Target List development on the Joint Strategic Targeting Planning Staff. He was the senior military officer in the Operations Directorate at the National Security Agency and Vice Commander of the Air Combat Command where he completed active duty service as a Lieutenant General.
Army / Navy
Tom Zych has twelve years of combined implementation, program, and practice management experience with Thomas Group. He manages successful multi-million dollar projects spanning a wide range of operational and industry platforms, including U.S. Department of Defense, General Motors, Robert Bosch, Meritor Heavy Vehicle Systems, and Cyprus Amax Minerals. His expertise in operations management provides clients with solutions that add measurable value to their businesses, and that create a sustainable business advantage.
Eric Labe has over 20 years of senior management experience. Labe is considered an expert and knowledge leader in healthcare operational improvement. As Practice Leader his responsibilities include overseeing intellectual development, and delivery of implementation programs, including the creation and institutionalization of complete value chain solutions for clients. He has spent considerable time in the field on a number of assignments including managing assessments, architectures, and implementations for multiple companies.
Trent Humphries is an experienced engagement manager, specializing in corporate transformations that include strategy to near term profit improvement to organizational development. He has functional experience in corporate and business unit strategy, process design, change management, and leadership development. He focuses on strategic business transformation initiatives, designing and implementing programs that effectively and affordably transform Global 2000 companies through business-case driven approaches. He has helped clients create a sustainable business advantage by implementing innovative solutions.
Transportation & Logistics
John Nussrallah is responsible for business development and account management to the global transportation market. Nussrallah has 30 years of experience in the transportation industry with expertise in sales, marketing, and manufacturing strategies that optimize performance; and start-up, turnaround and diversification of business units with strong focus on the bottom line. His strategic thinking, integrity, leadership, and team building bring value to Thomas Group and its clients.
About Thomas Group
Thomas Group, Inc. (NasdaqGM:TGIS) is an international, publicly-traded professional services firm specializing in operational improvements. Thomas Group’s unique brand of process improvement and performance management services enable businesses to enhance operations, improve productivity and quality, reduce costs, generate cash and drive higher profitability. Known for Breakthrough Process Performance, Thomas Group creates and implements customized improvement strategies for sustained performance improvements in all facets of the business enterprise. Thomas Group has offices in Dallas and Detroit. For more information, please visit www.thomasgroup.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act:
Any statements in this release that are not strictly historical statements, including statements about our beliefs and expectations, are “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements, including general economic and business conditions that may impact clients and the Company’s revenues, timing and awarding of customer contracts, revenue recognition, competition and cost factors as well as other factors detailed from time to time in the Company’s filings with the Securities and Exchange Commission, including the Company’s Form 10-K for the year ended December 31, 2007. These forward-looking statements may be identified by words such as “anticipate,”“expect,” “suggests,”“plan,” “believe,”“intend,” “estimates,”“targets,” “projects,”“could,” “should,”“may,” “would,”“continue,” “forecast,” and other similar expressions. These forward-looking statements speak only as of the date of this release. Except as required by law, the Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in the Company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
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