Alsbridge CEO and founder, Ben Trowbridge, announces a transition from CEO to Chairman of the Board for Alsbridge Inc., a global consulting firm that provides Fortune 500 executives with independent advice on enterprise technology sourcing, business process outsourcing and technology transformation.
“It’s been a great experience over the last 10 years growing the company from a complete unknown to a leading consulting firm with more than 175 team members serving over 200 clients a year on five continents,” says Trowbridge. Since 2008, Alsbridge has completed four acquisitions that, combined with organic growth, drove the firm to an annual growth rate of over 48% per year, inclusion in the 2010 Inc. 500 fastest growing privately held companies in America, and an investment from LLR Partners at the end of 2012.
“My vision for the firm has been to focus on delivering value to our customers by creating a unique set of integrated service offerings for all things sourcing, benchmarking and transformation” stated Trowbridge. “As an entrepreneur, I have been thrilled to guide this company along the various stages of its journey, making key changes at critical moments and shepherding its evolution to a leadership position in its industry.”
“The Alsbridge team is a very special group of professionals who leverage a proprietary methodology and patented benchmarking tools to achieve impressive outcomes for clients. It’s been a challenging and rewarding experience, and I eagerly look forward to the next opportunity to leverage my passion for ideas that grow businesses from concept to reality.”
Alsbridge is the only firm today that provides enterprise buyers with unbiased advice on sourcing and transformation decisions across IT infrastructure services, network carrier services, hardware, software, application support and development, business processes and cloud services.
On July 1, 2013, Chip Wagner will become CEO and Dieter Thompson, President of Alsbridge. Both leaders have been with the firm for a number of years and head the outsourcing and network consulting practices. Trowbridge stated, “It feels good to transition the executive responsibilities to Chip and Dieter as two of the strongest leaders in the sourcing industry and who know our company and team capabilities extremely well.”
As Chairman of the Alsbridge Board, Ben Trowbridge will remain Alsbridge’s single largest individual shareholder and will continue to contribute to the firm’s success and provide counsel to the new leadership team.
Chip Wagner, CEO of Alsbridge stated, “I’ve known Ben Trowbridge for 23 years and enjoyed working with him as a colleague at EDS, as a client of Alsbridge during my tenure at USAA and as a Managing Director of Alsbridge for the last five years. Ben has led us from concept through a tremendous growth period, and I look forward to continuing that growth over the coming years. The depth and breadth of our service offerings – combined with our vendor agnostic perspective – give Alsbridge a unique ability to guide organizations through large scale business transformation initiatives,”
About Alsbridge Inc.
Alsbridge is a global consulting firm that provides data-driven sourcing advisory and benchmarking services for IT, Finance and Sourcing executives. We’ve helped hundreds of companies reduce costs and get more value from their vendors. Our experienced consultants leverage proprietary tools and information databases to identify and engage the optimal vendors for your situation, negotiate best practice terms at fair market prices, and improve the way you work with your service providers. Alsbridge clients utilize the most cost effective and value added sources globally for IT infrastructure services, network carrier services, hardware and software, application support and development, business processes and cloud services.
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