LBF Announces Miles Lee as a Recipient of the Most Admired CEO Award
LOUISVILLE, KY OCTOBER 4, 2019 – President and CEO of the cost reduction industry leader, Alliance Cost Containment (ACC), Miles Lee, was named one of Louisville Business First’s Most Admired CEOs. The award honors outstanding chief executives in the Louisville area from a broad range of businesses.
Choosing from a large group of applicants, the judges took into account quantifiable results, personal merit, team interaction and community involvement. Winners represent the top innovators, standard-bearers, role models and trailblazers in their industries.
“Miles is a magnetic leader who inspires confidence and ideas. He pushes our team to succeed in capacities that would ordinarily fall outside of our comfort zones”, said Dee Dee McLeod, COO/CFO at Alliance Cost Containment. She continued, “Miles constantly encourages us to own our ideas. While this can be a cliché in today’s business environment, to Miles that means pushing us to take responsibility and credit for our successes but also giving us the support and permission to admit defeat, encouraging us to roll up our sleeves, reboot and move on. This creates a fluid environment of successes with constant process improvement and creativity, ensuring we are never sitting still in a fast-paced business environment”.
Chief Executive Officers were nominated by their peers or teams earlier this year. The respected business publication will award Lee and fellow honorees at a special dinner on November 13 at the Downtown Marriott Hotel.
Miles Lee said, “I am beyond grateful to receive this recognition. Even to be considered among the other remarkable candidates is humbling. This award really belongs to our team and the energy they continuously infuse into our client relationships, office, vendors and the community.”
Lee continuously brings new concepts to his team as they set the bar for cost reduction industry. For example, several years ago, aware of the particular value ACC could bring to private equity (PE) firms and their portfolios, Lee launched a division focused on reducing procurement costs across PE portfolios. Whether they are seeking a synergistic buy or planning their exit strategy, ACC helps PE clients make informed decisions. Thanks to Lee, ACC is now an expert in the private equity industry, helping PE firms realize higher multiples for their portfolio company valuations.
A History of Success
In addition, Lee has spearheaded several unique, industry-specific buying groups. These organizations combine spending across multiple companies within the same industry to negotiate the lowest prices on common goods and services. For example, he recently led the development of a buying group for $8 billion global agricultural conglomerate with individually owned locations nationwide.
Headquartered in Louisville, Kentucky, ACC has satellite offices across the USA. Under Mr. Lee’s leadership, the company experienced significant growth and garnered a reputation for extraordinary client results and top business integrity.
ABOUT ALLIANCE COST CONTAINMENT
Louisville-based Alliance Cost Containment (ACC) assists clients with profit improvement by reducing procurement costs. Primary target markets include corporations, private equity backed companies and industry groups. ACC’s approach instills institutional behavior change, adherence to best practices, and helps improve forecasting. The company also creates and manages marketplace environments for private equity portfolios and franchise organizations requiring a group savings or GPO structure. ACC is the recipient of numerous awards, including Business of the Year from Louisville Business First, the GLI Inc.Credible Award, the Best Places to Work award 3 years running, the Inc.5000 Fastest Growing Business award and more.