The Urgent Need for Change and The Superior Path Forward
OUR PLAN TAKES INTO ACCOUNT THE COVID-19
PANDEMIC AND EXTERNAL RISKS
▪ Chris Hutter quickly implemented a multi-faceted plan for
UPG's operations at the outset of the COVID-19 outbreak -
one that he can implement immediately at Synalloy
Our plan will draw on our slate's proven experience managing the crisis to mitigate
the impact of the pandemic on Synalloy's operations
■
Synalloy and its stockholders can leverage the following under
Mr. Hutter's leadership as interim CEO:
Specific guidelines and protocols to ensure safety standards for
employees
Contingency plans for Synalloy's operations, should an outbreak
occur on-site
A "war room" for all of Synalloy's operations, enabling centralized
management to monitor real-time data around orders and
productivity
PRIVET
FUND
Scrutiny of KPIs in comparison to other entities so that potential
operational or market issues are immediately identified
Remediation plans that are formulated and implemented to
boost productivity and performance
01. 02. 03. 04. 05.
UPG
STRONGER TOGETHER
Executive Summary
As interim CEO, Mr.
Hutter has a proven plan
to put Synalloy and its
stockholders in a strong
position to weather this
period of turmoil
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