HORSHAM, Pa. American Driveline Systems has appointed Jim Gregory as CFO of the company, and its subsidiary corporations AAMCO Transmissions Inc., Cottman Transmission Systems LLC and Global Powertrain Systems Inc. Gregory officially joins the company as CFO, after four months of serving as the interim CFO.
Gregory brings to American Driveline significant experience in the private equity sector. Previously, Gregory served as a principal on American Capital’s private equity team. During his nine-year tenure at American Capital, he served on the board of directors for businesses across a variety of industries including American Driveline Systems Inc. since 2009. Gregory’s experience at American Capital includes controlling equity investments and successful exits in businesses across a variety of industries, add-on acquisitions, capital raising, refinancing transactions and portfolio company management and oversight of a variety of successful initiatives including add-on acquisitions, new product development, geographical expansion and executive recruiting.
Prior to his work at American Capital, Gregory was an investment banker specializing in mergers & acquisitions at Edgeview Partners in Charlotte, N.C.
"As our interim CFO, Jim made a positive impact on our business and built strong relationships with our teams," said American Driveline Systems Inc. President and CEO Brett Ponton. "Due to his disciplined approach to financial management, Jim has proven himself to be a process-oriented, detailed and forward-thinking leader. It gives me great confidence that he will formally join our leadership team."