NOVI, Mich.—Cooper Standard Holdings Inc. has reassigned the roles of two senior executives at its subsidiary Cooper Standard Automotive Inc.
Allen J. Campbell will move into a newly created position of executive vice president, chief infrastructure officer. His prior position of executive vice president, chief financial officer, will be filled by Matthew W. Hardt.
Hardt will join Cooper Standard on Feb. 2 as executive vice president and transition into the CFO role effective March 2, when Campbell transitions into his new role stationed in the Asia-Pacific region, the firm said. Hardt will be located at the firm's headquarters in Novi.
“Given our forecasted growth, especially in Asia, it is important to have the appropriate infrastructure in place to support our global business,” Chairman and CEO Jeffrey Edwards said in a statement. “Allen's expertise with Cooper Standard business systems, experience leading the global IT organization and knowledge gained from his considerable Asia experience throughout his career make him the ideal candidate to lead this effort.”
Campbell will ensure the financial, business process and information technology systems are aligned to support the growth of the company—especially in the Asia-Pacific region—Cooper said. He has been with Cooper Standard since 1998 and served as CFO since 2004.
Prior to being named CFO, Campbell served as vice president of Asian operations in 2003 and from 1999-2003 was vice president, Finance Division. Before joining Cooper Standard, Campbell spent 18 years with the Dow Chemical Co., holding executive finance positions in the U.S. and Canada.
Hardt brings more than 25 years of financial experience to Cooper Standard, most recently serving as senior vice president, finance for the Industrial Solutions Division at TE Connectivity Ltd. Prior to joining TE, he served in multiple roles of increasing responsibility at General Electric Co., including CFO for a number of the firm's global divisions.
“We are pleased to have Matt join the Cooper Standard team, as he is well-positioned to lead the financial functions of our growing global enterprise,” Edwards said in a statement. “In addition to his broad global financial experience and expertise, Matt is a Master Black Belt in Six Sigma and has successfully applied Six Sigma practices to help create world-class global finance organizations.”
Cooper Standard is a global supplier of systems and components for the automotive industry with core products including sealing, fuel and brake delivery, fluid transfer, and anti-vibration systems. The firm employs more than 27,000 worldwide with operations in 20 countries.