Operations

Top Exec Lays Out Plans For Addison Lee In U.S.

Martin Romjue
Posted on September 26, 2018
Michael Fogarty, the new president of ALG NA, brings deades of leadership experience from some of the largest chauffeured transportation networks in the world and as a past president of the Taxi Limousine & Paratransit Association. (Photo: TLPA)
Michael Fogarty, the new president of ALG NA, brings deades of leadership experience from some of the largest chauffeured transportation networks in the world and as a past president of the Taxi Limousine & Paratransit Association. (Photo: TLPA)

BOSTON — After almost two years of combining two large chauffeured transportation companies into its operations, Addison Lee Group is now moving into a phase of more growth and higher service levels throughout its U.S. and Americas division.

The ground transportation conglomerate recently lined up a new executive team in the U.S. headed by Michael Fogarty, who was named president of the Americas division on Sept. 1. Fogarty served as the CEO of the Americas division for Tristar Worldwide Chauffeured Services from 2005 to 2018, the London, U.K.-based chauffeured company Addison Lee acquired in June 2016. He previously worked at BostonCoach from 1988-2005, rising up to senior vice president and general manager.

Addison Lee also bought Mahwah, N.J.-based Flyte Tyme Worldwide in January 2017, and has reorganized all of its operations into Addison Lee Group North America with Tristar as the executive car and chauffeured service brand. Former Flyte Tyme CEO Tim Rose was appointed chairman of ALG NA on Sept. 1, where he focuses on strategic growth opportunities, business development, and using his contacts from 25 years at Flyte Tyme to expand Addison Lee’s reach.

Pursuing Opportunities

In a recent interview with LCT, Fogarty reported Addison Lee spent most of last and this year getting all of its North American operations onto one platform, allowing it to scale and consolidate company functions.

Addison Lee Group, which ranks No. 1 on the LCT 50 Largest Fleets List this year, now has about 800 company owned and leased luxury vehicles serving its U.S. market, with 700 affiliates worldwide. It projects revenues for the Americas of $100 million+ this year, with about $90 million of that amount generated in the U.S. alone.

Worldwide, Addison Lee owns or leases another 5,000+ vehicles and can tap a global affiliate network of 17,000 vehicles. As of today, it employs 2,190 chauffeurs, drivers, and employees worldwide, with 850 of those in the U.S., Fogarty said, and contracts with another 3,400 self-employed drivers who use company-owned vehicles. Total Addison Lee Global revenues are estimated at about $450 million worldwide.

With the acquisitions of Tristar and Flyte Tyme, Addison Lee now belongs to the elite group of the largest traditional chauffeured transportation networks in the U.S. that includes Carey International, Empire CLS Worldwide Chauffeured Services, and BostonCoach / Dav El Chauffeured Transportation Network.

“Addison Lee is already operating north of $100 million in revenues and is one of the largest providers in the U.S. alone,” Fogarty said. “When you look at operations in the U.S. and U.K., and a smaller one in Hong Kong, we have the scale, investment, technology, and global reach that distance Addison Lee from its competitors.”

Addison Lee is working on more product and service changes and should  announce them by early next year, Fogarty said.

Big Tech Network Upgrades

On the technology front, ALG invested in Tandem Technologies last year that now provides its in-house software and connectivity, Fogarty said. The company continues to heavily develop its global app by adding cities, upgrading its functions, and enhancing its overall platform.

“We are improving our connectivity with affiliates and streamlining the operational process for Addison Lee and its affiliate partners,” Fogarty said. “That includes information for our customers and data transmitted among partners for rides. We had too many manual processes and have worked diligently to eliminate them and make our operations more efficient so we can provide better service for our clients.”

Addison Lee owns its proprietary technology platform so it can accommodate as many direct connections wherever possible to avoid relaying on third parties, Fogarty said. But the company plans to start a project to connect with G-Net, the industry-wide GRiDD Technologies platform that connects multiple high-end software services. “The GRiDD could prove valuable connecting to a number of software providers within the limo industry,” Fogarty said.

Exec Team And Facilities

Rounding out the Americas corporate team is CFO Todd King, COO Mike Rose, and Chief Information Officer Craig Lynam. King was formerly CFO for Adecco Group North America, part of the world’s largest recruitment and workforce solutions provider. He replaced David D’Angelo, who was CFO since 2015.

ADG NA, owned by The Carlyle Group, is headquartered in Mahwah, N.J., where it bases its administrative functions and 24/7 call center. It runs operational hubs in Boston, Los Angeles, San Francisco, Philadelphia, and Bronx, N.Y. It also has a sales office in Manhattan.

Related Topics: Addison Lee, affiliate networks, Boston operators, business deals, business plans, corporate business, corporate travel, executive changes, Flyte Tyme, Global operators, GRiDD, limousine software, London operators, mergers & acquisitions, Michael Fogarty, New Jersey operators, New York operators, software, Tim Rose, Top 50 Largest Fleets, Tristar Worldwide Chauffeur Services, United Kingdom

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