Jesse Glossinger

Jesse Glossinger

Director

Biography

Business Transformation and Strategy Professional

Jesse is an analytical and skillful leader with over 20 years of experience in corporate finance, supply chain and strategy in the automotive and financial services industries, including four years of international experience in Shanghai. Overall, he has built an impressive track record of success across several roles driven by a strong work ethic, being a trusted business partner, and bringing creativity and innovative ideas to his work each day. Jesse has a BBA in Finance from Western Michigan University and an MBA from Michigan State University.

Select experiences include:

  • Controlled cash flow of $5B - $7B annually for an automotive’s North American business unit; worked in partnership with finance and operating teams to improve forecast accuracy and reduce working capital requirements to achieve KPI targets. Built a new cash flow forecasting model to improve process efficiency and accuracy
  • Managed a collaborative effort with senior leadership team to develop a strategy for the International Markets business unit that will drive share and revenue growth as well as substantial improvements to EBIT
  • Led the design, development, and implementation of a profit forecasting and variance analysis system that consolidated reporting in multiple markets, drove process efficiencies, and enhanced data analysis capabilities
  • Led team responsible for controlling material cost and $1.6B of capital investment for future vehicle lines; worked in partnership with functional teams to drive design, sourcing, and make / buy decisions that achieved cost targets
  • Supervised a team responsible for leading development of the annual budget, monthly forecast, quarterly actuals, and 5-year business plan process for $20B of net revenue in the APAC region
  • Integral part of team that consummated a $225 million bridge financing deal for an electric vehicle start-up. Led development of financial projections and interfaced with advisors and investment banks throughout the due diligence process while controlling the company’s liquidity position

Jesse’s breadth of finance, supply chain and strategy experience spans North America, China, and other International Markets in the Marketing, Sales, & Service and Product Development functions as well as various Financial Planning & Analysis roles