Sean Sullivan - Partner
Sean Sullivan is a Turnaround Director and former Chief Executive with extensive private and public sector experience in the UK and internationally. Sean has particular experience in leading larger enterprises through turnaround and major change situations.
Recently he led a complex multi-site turnaround at Care Principles Group involving a £285m debt for equity situation for Barclays Capital. The assignment was shortlisted for European Turnaround of the Year in 2011.
Previous assignments have also included:
• Delivery of £39m turnaround against an original request of £20m for a regional public sector UK organisation.
• £110m turnaround program for a regional NHS Strategic Health Authority.
• Delivery of over £150m of turnaround savings for the UK Dept of Health and National Health Service dealing with over 20 Primary Care Trusts, Hospital Trusts and Strategic Health Authorities, individually ranging in size from £90million to £1.2billion. In addition to giving Ministerial briefings he has also provided evidence to the House of Commons Select Committee on NHS finances.
• One of Jordan’s leading investment houses, leading negotiations with Ministers of the Pakistan Government to gain a $650m project to complete a $2billion asset portfolio.
• Management of Georgian Wholesale Electricity Market in Tbilisi former USSR for European Bank of Reconstruction and Development.
• Assisting the National Electric Power Authority in Nigeria with a national restructuring program.
As CEO of SA Water (the South Australian Government’s largest corporation with assets of Au$5billion), he delivered financial and performance improvements including management of A+ rated debt of Au$1billion.
Sean was responsible for delivery, as regional Chairman, of part of the world’s first Arabic unbundling and corporatisation program in the Eastern Abu Dhabi, UAE. He went on to become MD of the largest resulting entity.
Prior to managing operations at Eastern Electricity and Thames Water he had an earlier career in the international oil and gas exploration sector. Sean completed a science degree from The University of East Anglia with additional post-graduate research at the University of Reading. He has also served as Director, Water Services Association of Australia and was appointed Commissioner, Murray Darling Basin Commission the world’s largest managed basin system. He is a Member of the Institute for Turnaround and a former member of the Advisory Board for the School of Economics, University of Adelaide.
