Mark Wallace, an executive with decades of leadership in the automotive, commercial vehicle, off-highway and aftermarket industries, begins his tenure today as the new president and CEO at Clarios.
Clarios produces one in three of the world’s car batteries. The company’s battery technologies support virtually all passenger, commercial and recreational vehicle platforms, including start-stop, mild-hybrid, electric and autonomous.
Wallace comes to Clarios from Dana Inc. He succeeds Interim CEO John Barkhouse, who will continue as chair of the board.
“Mark has a demonstrated history of driving revenue growth and improving profit margins,” Barkhouse said. “His experience as a leader with extensive knowledge of the OE and aftermarket industries ensures Clarios and its customers are in good hands, and our strategic plan will continue to advance globally.”
Wallace was the executive vice president and president of commercial vehicle drive and motion systems at Dana, leveraging his expertise in global strategy, manufacturing and the automotive aftermarket.
“I’m pleased to join Clarios at an exciting point in the company’s history as it continues to cement its reputation in the marketplace and enhance its relationships with customers,” Wallace said. “Clarios is well-positioned globally with its advanced battery solutions. We have the right technologies and the right people, and we have a great environmental reputation.”
Wallace previously served in several leadership roles for Webasto, a global automotive parts supplier, including as president and CEO at Webasto Product North America. Wallace, who earned bachelor’s and master’s degrees from the University of Tennessee, also has worked for Magna International and Cooper Automotive.