Paolo Ferrari will focus on post-acquisition value creation at One Rock's industrial portfolio companies in need of operational transformation. He joins a team of 29 operating partners at the firm. Ferrari has more than 30 years of experience leading global industrial, automotive and technology businesses.
He was most recently chairman, CEO and president of Bridgestone Americas, where he led strategic repositioning, innovation and restructuring initiatives aimed at improving revenue, margins and return on invested capital. Before that, he was CEO and president of Bridgestone EMEA. There, he refocused the business on the premium segment, rationalized its manufacturing footprint, and originated and executed the acquisition of Tom Tom Telematics.
He had been a member of Bridgestone Corporation’s global executive committee in Tokyo since 2016. Earlier in his career, Ferrari was CEO of Pirelli North America and Pirelli Latin America and held executive and M&A roles at Telecom Italia Group. Ferrari has worked closely with One Rock for more than a year through his involvement with its portfolio companies. "Through our work together on One Rock’s portfolio companies, we have seen his ability to engage directly with management teams and drive meaningful change," said Tony W.
Lee, managing partner at One Rock. Operating partners have been central to One Rock’s strategy since its inception.
Source: PE Hub · Summarized by HeadlinesBriefing