SOURCE: Profit Recovery Partners, LLC

Profit Recovery Partners, LLC

December 12, 2016 11:00 ET

Profit Recovery Partners, LLC Names Michael Lowe Vice President of Strategy Development Group

COSTA MESA, CA--(Marketwired - December 12, 2016) - Profit Recovery Partners, LLC (PRP) announced today that Michael Lowe has been named Vice President of the firm's Strategy Development (SD) Group. In his new role, Mr. Lowe will lead the Strategy Development team in identifying and implementing savings opportunities for PRP's clients. He will also provide oversight and strategic direction on PRP's growing portfolio of proprietary data analytics tools.

Mr. Lowe's tenure at PRP has been marked with significant achievements. After he joined the firm last year as Director of the Office Products and Logistics Practice Groups, Mr. Lowe led the Logistics Practice Group in its foray into the international freight expense area, which now accounts for 70% of the Group's revenue. With the help of the Executive team, Mr. Lowe also deployed a number of firm-wide employee incentive programs that have resulted in increased employee productivity and morale across the board.

PRP founder and President Don Steiner said on Mr. Lowe's new position at the PRP: "Michael has been a tremendous asset to PRP since day one, both through his years of experience in the office equipment and supplies industry before joining our team, as well as his appetite for innovation that has led to widespread positive changes in our firm, at both the Practice Group and firm-wide level. I look forward to seeing Michael continue to thrive in his new position at PRP."

About Profit Recovery Partners, LLC

Profit Recovery Partners, LLC (PRP) develops, implements, and manages cost reduction solutions for Fortune 1000 companies, law firms, private equity firms, and private companies throughout North America. Its industry experience and more than $2.2 billion in annual managed spend, as well as its program for ongoing support and verification, drive PRP's continued commitment to award-winning service. PRP's spend management, supplier management, and procurement strategies have resulted in more than $3 billion in client savings. To learn more, visit www.prpllc.com or call 877-484-7776.

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