Industry & Services >> CEO Interviews >> November 19, 2001
LELAND (LEE) L. GRUBB, JR. joined Thomas Group, Inc. in 1995 following
26 years with General Motors and Detroit Diesel Corporation (DDC). Mr.
Grubb started as Chief Financial Officer and in 1996 assumed the dual
role of President of the Automotive Practice. In March of 2001 Thomas
Group hired another CFO so Mr. Grubb could spend full time developing
the automotive business. Mr. Grubb started his career on the corporate
financial staff of General Motors in 1968 and was transferred to the
Detroit Diesel Allison Division (DDA) of GM in 1974. He initiated DDA's
international operations in 1976, living in England from 1976 to 1978 as
Manager of European Finance, with the responsibility of rationalizing
DDA's pricing and policies. In 1978 Mr. Grubb returned to Detroit as
Director of International Finance to complete the changes to DDA on a
worldwide basis. Mr. Grubb then held positions in divisional cost
accounting, pricing and special studies until his appointment as
assistant controller in 1984. In 1987 Mr. Grubb led the sale of the
engine portion of DDA to Penske Corporation, forming Detroit Diesel
Corporation (DDC), and held the position of Chief Financial Officer of
DDC from 1988 until 1995. During his tenure at DDC he reestablished
international operations for the new company, oversaw an extensive
acquisition and divestiture activity and managed the pension fund. He
was the key financial figure in DDC's successful initial public offering
in 1993. Mr. Grubb earned a BA from Thiel College in 1966 and an MBA
degree from Kent State University in 1968. In 1984 he completed Harvard
University's Post Management Development Program. Early in his career at
General Motors Mr. Grubb went on military leave and served as an officer
in the Army in Vietnam. Mr. Grubb is a Director of Minds, a charity
supporting mental illness awareness in high schools, an Advisory Board
Member of SupplySolution, Inc. and President-elect of the Harvard
Business School Club of Detroit. Profile
TWST: Could we start out with a general overview and history of ThomasGroup?
Mr. Grubb: Philip Thomas founded Thomas Group in 1978. It started off as
a pure process company, and has stayed