Jeremy L. Rainwater
Chief Executive Officer, Americas
- Role
- Chief Executive Officer, Americas at TK Elevator
- Location
- Atlanta, GA, US
- LinkedIn followers
- 500 followers
About Jeremy L. Rainwater
Senior Executive with consistent track record of leading and transforming businesses in the public and private equity space. Known for building strong teams, winning cultures, and delivering results for customers, employees, and shareholders. Member of TK Elevator’s Global Senior Leadership Team. P&L and leadership responsibility for TK Elevator’s business operations in North America and Latin America. TK Elevator achieved sales of around €9.5 billion in the fiscal year 2023/2024 with customers in over 100 countries served by more than employees. Over locations around the world provide an extensive network that guarantees closeness to customers. Over the past decades, TK Elevator has established itself as one of the world\'s leading elevator companies and became independent since its separation from thyssenkrupp AG in August 2020. The company\'s most important business line is the service business represented by over service technicians. The product portfolio covers commodity elevators for residential and commercial buildings to cutting-edge, highly customized solutions for state-of-the-art skyscrapers. In addition, it also consists of escalators and moving walks, passenger boarding bridges, stair and platform lifts. Integrated cloud-based service solutions, such as the MAX platform, are gaining in importance. With these digital offerings, there are no limits to urban mobility anymore. TKE – move beyond.
Experience
Chief Executive Officer, Americas
Nov 2022 — Present · US
Member of TK Elevator’s Global Senior Leadership Team. P&L and leadership responsibility of TK Elevator’s $4B business operations with over employees across 17 countries in North America and Latin America. Highlights- Achieved 40% EBITDA growth in FY23 - Achieved 30% EBITDA growth in FY24- Expanded EBITDA margins over 800bps- Grew New Installation and Modernization Share - Delivered double digit revenue growth - Transformed Organization structure and delivered record SGA results- Launched new EOX product line and opened new factory- Launched new digital solutions and AI to accelerate Service growth- Delivered record cash flow
Education
Harvard Business School
Advanced Management Program
2018
Rutgers Business School
Master of Business Administration (M.B.A.)
2016
Cardinal Stritch University
BA, Marketing
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