Holley Appoints Investment Banking Executive As EVP

Holley Appoints Investment Banking Executive As EVP

Prior to joining the Holley team, Nimmagadda served as vice president at Jefferies Group LLC, in the Global Automotive Aftermarket team.

Holley, the largest and fastest-growing platform for performance automotive enthusiasts, has announced that Vinod (Vinny) Nimmagadda has been appointed executive vice president of Corporate Development and New Ventures. Nimmagadda, an experienced investment banker, will serve as a member of the executive leadership team and report directly to President and CEO Tom Tomlinson.

“I am pleased to welcome Vinny Nimmagadda as our new EVP,” said Tomlinson. “Vinny brings eight years of M&A experience in the performance automotive aftermarket with specific focus on the enthusiast consumer. His experience and interests mesh nicely with our M&A strategy, consumer focus, and commitment to innovation, and he will play a key role driving our inorganic growth.”

Prior to joining the Holley team, Nimmagadda served as vice president at Jefferies Group LLC, in the Global Automotive Aftermarket team, where he played an important role in many of the most-defining M&A transactions, financings and equity offerings in the performance automotive aftermarket.

In addition to his investment banking experience, Nimmagadda is an avid automotive enthusiast. His personal involvement in the automotive lifestyle will inform and influence the company’s strategy as it continues to focus on attracting even more enthusiasts to its brands and products.

“I am honored and excited to join the Holley team. It’s a privilege to be a part of a platform built by enthusiasts for enthusiasts with such a strong financial profile. I love this industry and look forward to having a positive impact as we explore opportunities to nurture and grow enthusiast communities within the performance aftermarket,” said Nimmagadda.

Nimmagadda graduated from Columbia University, where he earned a bachelor’s degree in Financial Economics. While at Columbia, he also served as president of the University’s chapter of the Society of Automotive Engineers and led a team of engineering students which competed nationally in the Formula SAE series.

You May Also Like

Michelin Appoints Matthew Cabe President, CEO

Cabe succeeds Alexis Garcin, whose next position within Michelin will be announced at a later date.

Michelin Matthew Cabe

Michelin named Matthew Cabe president and CEO of Michelin North America, effective Oct. 1. He succeeds Alexis Garcin, whose next position within Michelin will be announced at a later date.

“Matthew has represented the voice of Michelin customers with dependable passion in our organization for more than 19 years along with a leadership approach that directly reflects the Group’s core values,” said Scott Clark, executive vice president automotive, motorsport, 2 Wheels – supervising the Americas regions. “His prior experience leading businesses in both North America and globally will facilitate the Group’s continued growth and success in this important region.”

Lucid Appoints Lisa Lambert to Board of Directors

Lambert currently serves as chief investment officer, private markets at the George Kaiser Family Foundation.

Lisa-M.-Lambert-Lucid-Board-of-Directors
DMA Industries Announces New VP of DC Operations

George Evanego has over two decades of leadership and operational expertise in warehouse and logistics management.

DMA VP DC Operations
Schaeffler Appoints New Head of Investor Relations

Schaeffler AG announced two important leadership changes within the management level directly below the Board of Managing Directors, effective June 1, 2024.

Schaeffler promotions
Joel Ayres Retires as Executive Director of AACF

Ayres’ retirement comes after 9 years in the role of Executive Director.

Other Posts

Nehez Joins Autologue Computer Systems

John Nehez brings almost four decades of automotive experience to the sales team.

Babcox Media Appoints Tom Pecka as Director, Strategic Partnerships

Pecka will oversee the development and execution of strategic media partnerships and sponsorships, as well as enhance media activations across the company’s diverse media channels.

Tom Pecka
Alliance Promotes Denton Lewis to Category Manager

Lewis will lead a team of product data analysts and represent the Alliance HQ office and the Auto Value & Bumper to Bumper shareholder members through business interactions with manufacturing partner organizations and their teams.

Alliance-Promotes-Denton-Lewis-to-Category-Manager
Hutchens Industries Appoints Regional Manager

John Homer will oversee the company’s Midwest territory.

John-Homer-Hutchens-Industries-Regional-Manager