Highlights

  • Deep knowledge of the global automotive supply industry including the dynamics of its structure and strategic groups
  • Proven track record in providing due diligence for supplier acquisitions including developing market outlook scenarios, competitive intelligence, early warning of technology threats, and detailed evaluation of a target company’s customers and components and systems programs
  • Twenty-six years as an auto industry analyst; sixteen years specializing in working with private equity, hedge funds, commercial and investment banks, and investment bankers
  • Thirty-three years experience in successfully forecasting the auto industry, consumer durables and consumables, and the housing market using quantitative and qualitative techniques
  • Computer literate and experienced in statistical analysis and modeling for economics and finance

 

Experience

May 2013 – Present
Independent Auto Industry Analyst

April 2003 – May 2013
IHS, Inc. (Formerly: CSM Worldwide, Inc.), Northville, MI (Grand Rapids Office)
Director, Financial Services

  • Proposed and executed a business plan that increased CSM’s financial client base from five to over ninety firms
  • Provide auto industry analytical and strategic support for approximately 90 private equity firms, hedge funds, investment and commercial banks, and turnaround firms
  • Perform risk analysis for loan portfolios and due diligence for mergers & acquisitions
  • Exceeded business development revenue goals by 30% or more in 2005, 2006, and 2007
  • Publish articles and speak to industry groups frequently on automotive topic
  • Widely quoted in the financial and trade media

May 1990 – April 2003
IRN, Inc., Grand Rapids, MI
Vice President, Automotive Forecasting

  • Forecasted the global auto industry to the vehicle level for a client base of auto suppliers, commercial banks, and private equity investors, and managed the forecast team
  • Developed and authored the firm’s first production forecast model, the first global forecast report, and numerous quantitative and qualitative analytical models
  • Led strategic planning processes for numerous small- to medium-size auto suppliers
  • Published articles and spoke to industry groups frequently on automotive topics; commented in the television, radio, and print media on current auto industry subjects

May 1989 – May 1990
Harrell & Associates, Okemos, MI
Strategy Consultant

  • Completed primary research to assist the spinoff of General Motors’ Automotive Components Group to Delphi Automotive
  • Trained engineering staff to perform marketing analysis functions

May 1983 – April 1989
Foremost Insurance Co., Grand Rapids, MI
Chief Economist and Marketing Controller

  • Directed the Business Information Group that provided a constant read on the performance of the company’s products in the marketplace
  • Accurately forecasted the Manufactured Housing industry
  • Supported senior management in the periodic strategic planning process
  • Speaking engagements to numerous Manufactured Housing trade groups

July 1981 – April 1983
Amway Corporation, Ada, MI
Strategic Forecast Analyst

  • Forecasted corporate sales for country markets
  • Wrote a monthly analysis of U.S., Canadian, and Global Economics

January 1982 – 2009
Seidman College of Business, Grand Valley State University
Adjunct and Visiting Faculty in Finance

  • Taught the “Corporate Finance” sequence at both the graduate and undergraduate level: FIN 320, 322, 422, 621, 626

 

Board of Directors

  • Nicholas Plastics, Inc. 1998-2003
  • Riviera Tool Corporation, 2004-2007, Chairman of the Audit Committee
  • ViChem Corporation, 2005-present

 

Education

Grand Valley State University
MBA 1981, Finance Major, BS 1969

  • Graduated with Distinction
  • One of two to achieve the first 4.0 GPA in the history of the program
  • Elected to Delta Mu Delta, business honor society
  • Elected to Phi Kappa Phi honor society
  • H.B. Shaine Award, top finance major
  • Seidman College of Business “Outstanding Alumni Award for Professional Achievement,” 2005