You need to reduce the base damage per stack for his ultimate BUT make it scale better off of his bonus attack damage. That way if you want to be able to obliterate everyone with your ult you will actuallllly need attack damage.
This will prevent everyone from building him as they do know, which is basically pure tank with a tinnny splash of AD (Frozen, maw, etc).. Basically the build of: Survive long enough to build 5 stacks, Press R, Win.
This wouldn't even be a nerf for him it would just be a much needed balanced that I think most league players would agree with. You shouldn't be able to build pure tank items and dish out monster amounts of true damage.