FY 2018 Fourth Quarter Earnings Call
CEO 100-day plan
> Deep dive into fiscal 2019 profit plan
> On-site follow-up reviews in Europe, Mexico and U.S. on top 5 underperforming plants (Asia visit
planned for late November)
> Deep dive reviews on top 5 critical launches which occur in the next 90 days.
> Prioritize resources on most severe underperforming manufacturing sites and future launches,
focus on SS&M and Seating Americas
> Initiated face-to-face dialog with customers with critically strained relationships.
6
Initiated review process for all new business with particular focus on SS&M business
Initial observations:
Adient's challenges are being addressed
- Need to ingrain a "back-to-basics" approach; every business, regardless of product, customer or
region is expected to earn an acceptable ROI
Emphasis on performance metrics with a focus on EBITDA and cash flow
Although severe, Adient issues are not widespread and are isolated to a handful of plants and future
launches across a few customers, all of which can be fixed over time
There is no glaring level of uncompetitiveness at Adient
FY 2018 Fourth Quarter Earnings Call / Nov 9, 2018
Adient - Improving the experience of a world in motion
100+ days
ADIENT
Days 1-50
Listen, visit the operations,
and understand the
challenges facing Adient
Days 51 - 99
Align management team
on path forward; drive.
operational execution
Days 100 and beyond
Relentless focus on
executionView entire presentation