Most recently, Mr. Prinz worked with management on the financial restructuring and operational turnaround of a PE owned global industrial company with c. €900m in revenue. He focused on the development of the turnaround plan as well as stakeholder and lender management.​

Prior, Mr. Prinz led the team that developed a cost-out program for a PE owned €8.5bn revenue elevator company. The project focused on SG&A headcount (Finance, HR, IT, etc.) efficiencies and led to a substantial reduction in the global cost base over a 24 months period. ​

Previously, Mr. Prinz created a value creation roadmap uncovering over €100m in savings for a +€1bn revenue telecom provider in Eastern Europe. This included IT optimization, G&A cost reduction, and product profitability improvement.​

He also served as the interim GM of a tier-1 private equity portfolio company in the packaging industry. The Company had previously been integrated into the Group. In his role, Mr. Prinz led the Company through a transformation program and drove top line and margin improvement initiatives as well as significant cost reductions. Additionally, he managed to significantly reduce working capital.​

Previously at A&M, Mr. Prinz has led various projects, which include:​

• Development of a turnaround plan for an entertainment business taking into account the Covid-19 challenges for the industry​
• The carve-out of a division of a mid-cap family-owned business in Germany​
• Creation of a value creation plan involving process optimization and operational efficiencies covering an organization with >10k HC in Europe, Asia and North America​
• Restructuring of South Africa’s largest non-food retailer with over 1,200 stores across 8 countries. Mr Prinz was involved in the day-to-day operations and worked on negotiations with key stakeholders including the government, landlords, unions, bond holders as well as banks​
• Complex financial restructuring of a fashion retailers €1.6bn debt. Mr. Prinz was responsible for the liquidity forecast, working capital management as well as scenario analysis​
• He worked for the lenders of an Eastern European integrated mining and steel group with revenues of c. $10bn. He conducted an Independent Business Review in the context of restructuring negotiations, as well as assessed the company’s rolling 13-week cash plan​

Before joining A&M, Mr. Prinz was a Director at a Finnish/German turnaround boutique and worked at a German consulting firm specializing in lean manufacturing and turnaround projects. He began his career as a sales manager at Lidl, Germany’s largest discounter.​

Mr. Prinz holds a bachelor’s degree in Business Administration from the University of Maastricht and the University of Zaragoza, and a master’s degree (cum laude) in International Business from the University of Maastricht. A German national, he is fluent in German and English.​