Stephen

Pickett

Masterful architect of practicable technology and organizational solutions in the manufacturing and automotive industries

Partner
No items found.
Leadership Roles
  • Senior Vice President and Chief Information Officer – Penske Corporation
  • ChiefInformation Officer – Detroit Diesel
  • ChiefInformation Officer – ITT Automotive
  • ExecutiveDirector, Information Technology – Volkswagen

Stephen Pickett is a partner in the East and Midwest practices of Fortium Partners.  For 35 years, Pickett has solved complex technology problems for some of the world’s dominant automotive, distribution and manufacturing companies.  He has extensive experience in merger and acquisition activities and has successfully created reorganization strategies for companies of varying sizes.  He is recognized as a masterful architect of practicable technology and organizational solutions.

Prior to joining Fortium, Steve served for as a senior IT executive in the global automotive industry.  He worked with public and private companies involved in all segments—OEM, Tier 1 supplier, retail automotive, truck leasing, transportation logistics, transportation component manufacturing and professional motorsports.  His responsibilities have included managing the IT function at businesses with combined revenues in excess of $26 billion, operating in more than 3,300 locations and employing more than 50,000 people worldwide.  He also successfully managed a complex SAP implementation and the merger of multiple technical computing departments at a European headquarters..

At Fortium Partners, Steve brings a solutions-oriented philosophy to navigating complex IT challenges.  His practice includes assisting companies with IT planning and organizational structure, turnaround of a failed ERP implementation, or developing stronger IT leadership capabilities, among many issues.  He has significant experience designing IT strategy with a roadmap to improve performance and achieve business strategies. Steve has worked extensively with private equity owners on acquisition due diligence, technical recommendations for profitable growth, and strategic direction for the IT function of a portfolio company.

Steve holds both a Bachelor of Science in Computer Science and an MBA from the Advanced Management Program from Michigan State University.  He has served as President of the national board of the Society for Information Management (SIM).  Deeply involved in philanthropic endeavors, his volunteer service includes serving as past chairman and current board member of Oakland Family Services, a private non-profit committed to serving families in Southeastern Michigan.

Fortium Engagements

  • Chief Information Officer (Interim) – Portfolio Company of a Private Equity Firm
  • Due Diligence Assessment for M&A – Private Equity Group
  • Practice Improvement Project – Retail Automotive Company
  • IT Strategy Development – Automotive Remanufacturer