CEO Monthly Issue 2 2018

22 CEO MONTHLY / ISSUE 2 2018 , Newappointmentwill leadsupplier into the futureof thepowertrainindustry. Means Industries, Inc. Appoints New President Powertrain product supplier, Means Industries Inc., has announced the appointment of Jeremy Holt as its new president. Means Industries, Inc., headquartered in Saginaw, Michigan, is an automotive technology company focused on producing pioneering solutions for propulsion systems and powertrain products. Means is a division of AMSTED Industries, based in Chicago. AMSTED Industries is a diversified, global manufacturer of industrial components serving the railroad, vehicular, construction, and building markets. Most recently, Holt was with TREMEC SA de CV, where he was global vice president for business development, marketing, sales, application engineering and strategy, as well as the head of TREMEC’s U.S. business since 2012. Prior to TREMEC, Holt was CEO of Nxtgen Emission Controls and served in senior leadership positions at both Ricardo PLC and the Piston Products Group of T&N plc (acquired by Federal Mogul). “I am excited to join the Means team that has great depth in product, process, transmission and systems knowledge,” Holt said. “The core technologies are highly relevant to today’s high efficiency transmissions and will have an evolving role in tomorrow’s electrified transmission requirements. I look forward to working with the team to support our customers internationally with our full range of capabilities.” Holt succeeds Bill Shaw, who during his successful 24-year tenure as president of Means Industries Inc., built the company into a leading Tier 1 supplier of clutch systems and advanced powertrain components. During Shaw’s tenure, Means Industries Inc., acquired TransForm Automotive, an industry-leading manufacturer of precision powertrain components and assemblies. In recent years, Means Industries Inc., laid the groundwork for future growth, winning business on the new generation of 8/9/10 speed transmissions for the global markets. Holt has a Bachelor of Mechanical Engineering, and a Master of Business Administration, both from the University of Bradford, England. He is a member of the Society of Automotive Engineers (SAE), presently serving as a member of the leadership committee for the SAE North American Powertrain Conference.