TROY, Mich.—Automotive belt and pulley producer Dayco Products L.L.C.'s executive leadership team is changing.
After serving as CEO of the producer of engine parts and drive systems for two years, CEO John Bohenick is stepping down to pursue other opportunities, the company said.
Replacing him as CEO will be Nick Orlando, a Dayco board of managers' member, according to Stephen Kessel, chairman of the board of managers. He announced the change on Dec. 1.
Orlando most recently served as CEO and president of Martinrea International Inc., a developer and producer of metal parts, assemblies and modules, fluid management systems, and complex aluminum products primarily for the automotive industry.
Prior to that, he held different posts at Magna International Inc. and its affiliates for seven years, culminating in his appointment as executive vice president and chief financial officer of Cosma International Inc., a Magna subsidiary.
He has extensive experience in the automotive industry, and he's a great leader, according to a spokesman for Dayco, which designs, manufactures and distributes engine products and drive systems and provides services for the automotive, trucking, construction, agriculture and industrial sectors.
"On behalf of the board of managers," Kessel said in a prepared statement, "we are pleased Mr. Orlando has accepted this responsibility and look forward to working with him in his new role."
Bohenick joined Dayco as its CEO Sept. 2, 2014, replacing James Orchard in the position. He also was appointed to the company's board of managers.
Before joining Troy-based Dayco, he served as president of SKF Sealing Solutions in Elgin, Ill., for Swedish bearing supplier SKF A,B. He also served as president of his own consulting firm, Bohenick L.L.C.
Prior to that, Bohenick spent 20 years at transmission and fluid delivery systems supplier Gates Corp., closing out his career at the Denver-headquartered company as its president.
Kessel thanked Bohenick for his efforts and his commitment and dedication to Dayco. "On behalf of everyone, we wish him well in his new business endeavors and thank him for his years of service," he said.
Overall, Dayco is doing well, the spokesman said. "Business has been good and sales are up. We're still growing the business." It operates in 20 countries with 50 locations and more than 4,500 employees.