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Chase Covington

PartnerNew York

Leads large-scale business transformations across sectors

Chase is a partner based in New York where he advises a variety of industrial organizations ranging from basic materials to advanced manufacturing. He brings expertise in holistic transformations and turnarounds, corporate strategy, and financial transactions.

Within McKinsey’s Transformation Practice, Chase leads McKinsey’s approach to independent diligences. Chase is also a leader in McKinsey’s Strategy & Corporate Finance Practice where he is the global convener of the McKinsey’s CFO Senior Advisors.

Examples of Chase’s recent client work include the following:

  • leading a $500 million EBITDA transformation of a North American industrial distributor, including pricing, services volume, operations, and SG&A opportunities
  • advising a specialty distributor on revising its equity narrative and supporting an initial public offering
  • leading a $3 billion EBITDA turnaround of a diversified industrial conglomerate across top-line, margin, overhead, and working capital levers
  • advising an advanced aircraft OEM on changes to its top-team organization structure to streamline decision rights, increase transparency, and accelerate the operating cadence
  • leading a $1 billion EBITDA turnaround of an advanced aircraft OEM by focusing on top-line growth, margin improvement, third-party spending, aftermarket operations, and engineering effectiveness

Previously, Chase has worked for Sycamore Partners, a US private-equity sponsor, and the Grameen Bank, a Bangladesh-based microfinance nongovernmental organization.

Education

The University of Texas at Austin
BBA