He brings more than 35 years of procurement/supply operating experience for Fortune 500 companies across the automotive, electronics, diversified manufacturing, consumer packaged goods and packaging industries. He specializes in business turnarounds and organizational transformation, where operational improvement, change management, and leadership development are paramount in achieving significant tangible results.
Prior to joining A&M, Mr. Sipols was the CPO for Sonoco Products Company in Hartsville, SC where he led the transformation of the Supply Management team, from an average performer to a high-performance strategic player, by doubling savings/productivity results in two years with a ROI of 5:1. He also reorganized and upgraded talent globally with solid succession plans, and established a process and roadmap with accountability to achieve sustainable world-class savings and payment term performance levels.
Prior to joining Sonoco, Mr. Sipols served as the Vice President of Product Supply Purchases for Procter and Gamble where he led the fastest growing Spend Pools (contract manufacturing, devices, capital equipment, logistics) to a cost reduction of $800M and revenue increase of $573M over a five-year period. He also served as the VP of Global Procurement (CPO) and Administration for The Gillette Company where he instituted and led a strategic sourcing process which achieved over $550M in savings over three years, a major factor in Gillette’s turnaround prior to the acquisition by P&G. He also designed and implemented a global category management organization which transformed Procurement for sustained results going forward.
Additionally, Mr. Sipols served as the Purchasing and Supplier Quality Director for the Automotive Components Division of Ford Motor Company, where he combined and directed procurement and supplier quality operations for Ford’s electronics, climate control, and plastics/trim operations for 35 plants on four continents. Here, he achieved $260M cost reduction with a significantly de-layered organization that he initiated, designed, and led. He also served as the Purchasing Manager, Alpha, at Ford Motor Company where he attracted and coordinated all major outside supplier projects for Ford’s advanced engineering and manufacturing “think tank” (87 product and process projects, avg. $809 cost reduction per vehicle, 594 lbs. weight reduction).
Mr. Sipols earned a BA from the University of Michigan, MBA from the University of Detroit. He also serves on Michigan’s Ross School of Business Advisory Council (MSCM program).