INDIANAPOLIS – Gearbox Holdings Inc., a portfolio company of Monomoy Capital Partners, has named David Coolidge as its new CEO. 
Current President and CEO Steven Crain will remain with the company as president and chief operating officer.
Gearbox designs, manufactures and distributes a diversified portfolio of transmission, wet-wheel braking and steering components, under the Raybestos Powertrain, Allomatic and Steel Parts brands. The company provides solutions for automotive OEMs, Tier I auto and industrial suppliers, heavy-duty transmission and wet-wheel brake manufacturers. The company is headquartered in Oakbrook Terrace, Ill., and operates four plants in Indiana. Gearbox employs more than 500 team members throughout the United States and abroad.
“I am honored and very pleased to lead Gearbox,” said Coolidge. “This next phase of growth for Gearbox will be exciting as we will aggressively add scale and capabilities to our already unique vertically integrated platform. We will create even greater value for our OEM and aftermarket channel partners by offering better solutions and service.”
Prior to joining Gearbox, Coolidge was Bosch Group’s executive vice president – Americas, one of four global division board members for the Bosch Group’s $6 billion global Automotive Aftermarket Division, and was headquartered at the Bosch Aftermarket facility in Broadview, Ill. In 2009, he also had assumed co-responsibility for the global Braking Components business unit, and served as chairman of Robert Bosch Inc. – Canada, since 2003. Coolidge was also a past board member of MEMA, AASA and MERA.
Coolidge has also been appointed a member of the board of directors of Holley, another Monomoy portfolio company.
