PPG Appoints Jain Vice President, Strategic Planning and Corporate Development
Jain previously held the positions of vice president and general manager, global test and measurement, and director, strategy, for Honeywell Corp.
Dave Barbeau Joins Marx Group Advisors as Executive VP
The aftermarket veteran and former Delphi executive brings more than 30 years of automotive aftermarket management and financial expertise to the firm’s work in mergers and acquisitions.
Tempo Group and Leuliette Partners to Form Automotive, Transportation Management, Trading and Investment Firm
The joint venture firm will focus on four specific activities: M&A advisory, operating ownership of acquired companies, trading, financial and procurement services and formation of an investment fund. The two companies say they will concentrate these efforts in automotive areas including chassis systems, powertrain systems, body systems, special vehicles, new energy technology and related component business.
Veyance Names John Hamilton CEO
Hamilton, who most recently was president and CEO of Electro-Motive Diesel in LaGrange, Ill., will assume his new duties on Nov. 8 and will be based in Fairlawn, Ohio.
Executive Interview: John Washbish, President and CEO, Aftermarket Auto Parts Alliance
On Jan. 1, John Washbish officially assumed the position as president and CEO of Aftermarket Auto Parts Alliance. In today’s Executive Interview, Washbish brings us up to speed on the Alliance’s new five-point plan and gives us his thoughts on the state of the distribution business today.
Larry Denton Named President of Nobel Automotive Group
In his role as president, Denton will direct all strategic and growth initiatives for the global organization. His career spans more than 30 years in the automotive industry with executive leadership roles at OEM and supplier companies.
Investment Firm Buys Tomkins plc in $5 Billion Acquisition
Tomkins is an industrial holding company that operates a number of businesses serving the general industrial, automotive and construction markets around the globe. Its well-known brands include Gates, Schrader, Titus, Hart & Cooley and Ruskin.
The AMN Week in Review (Sept. 20-24, 2010)
The AMN Week in Review offers a snapshot of the most highly read stories of the week as seen on aftermarketNews. To access the complete stories, simply click on the highlighted links. If you missed reading one of our daily news emails, just click on the link that says “News Archives” at the bottom of the page to begin catching up on the latest industry news.
Oshkosh Corp. Announces Executive Changes
As part of a long-term succession plan, Robert Bohn, chairman and CEO, has decided to retire, effective Dec. 31. The Oshkosh board has elected Charles Szews to the position of CEO, effective Jan. 1, 2011. Szews will serve in a dual role as president and CEO. He has been with the company since 1996 and is currently Oshkosh Corp. president and COO.
Schwartz Advisors Adds Four Aftermarket Veterans to Its Roster
Rick Keister, Larry Samuelson, Gary Paulson and Lou Basenese among the new partners who recently joined the automotive aftermarket M&A advisory and consulting firm.