|LTU News Center|
|21000 West Ten Mile Road|
|Southfield, MI 48075-1058|
|Release Date: March 13, 2013|
|Turnaround specialist speaks at LTU March 21|
SOUTHFIELD, Mich. – Entrepreneur and corporate turnaround specialist Cary Wood will present a corporate case study on Thursday, March 21, at 12:15 p.m. at Lawrence Technological University (LTU), 21000 West Ten Mile Road, Southfield.
The Blue Devil Entrepreneurial Venture Series program begins with a reception at 11:45 a.m. in the lobby of the Mary E. Marburger Science and Engineering Auditorium in LTU’s Science Building.
Wood, who earned a master’s degree in industrial operations from LTU in 1996, is president and CEO of Sparton Corp. of Schaumburg, IL, which sells electromechanical devices. Wood took over the 109-year-old manufacturing company that was just months away from bankruptcy, made it profitable in 90 days, and has successfully diversified its product line. The company’s stock has risen from $1.41 per share to over $14 per share.
He will lead a case study that demonstrates his executive team approach that instills an entrepreneurial spirit in an organization. He has repeatedly demonstrated success in performance turnarounds and growth strategies for both public and private entities.
Lawrence Technological University, www.ltu.edu, is a private university founded in 1932 that offers more than 100 programs through the doctoral level in its Colleges of Architecture and Design, Arts and Sciences, Engineering, and Management. Bloomberg Businessweek lists Lawrence Tech among the nation’s top 20 percent of universities for return on undergraduate tuition investment, and highest in the Detroit metropolitan area. Lawrence Tech is also listed in the top tier of Midwestern universities by U.S. News and World Report and the Princeton Review. Students benefit from small class sizes and experienced faculty who provide a real-world, hands-on, “theory and practice” education with an emphasis on leadership. Activities on Lawrence Tech’s 102-acre campus include over 60 student clubs and organizations and a growing roster of NAIA varsity sports.