Image Source: The Indian Express
Sona BLW Precision Forgings Ltd (NSE: SONB.NS), a leading global automotive technology company, today announced the appointment of Jeffrey Mark Overly as the new Chairperson of the Board of Directors of the company. The addition underscores the company's commitment to global leadership and strategic management in expanding its electric mobility and precision engineering businesses.
1. About Jeffrey Mark Overly
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Overly has more than 43 years of worldwide operating experience, including ten years as an Operating Partner at The Blackstone Group.
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He is a current board member at Performance Food Group, Sabre Industries, Schenck Process Holding GmbH, and Packer Sanitation Services Inc.
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He is a Director of Sona Comstar since February 2021 and also a member of the board of Comstar Automotive USA LLC, which is one of its subsidiaries.
2. Strategic Relevance
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The appointment of Overly as Chairperson is evidence of Sona Comstar's emphasis on global governance, investor faith, and operational excellence.
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His long experience in industrial operations, private equity, and board leadership will guide the company into its next growth stage, specifically in EV components and international expansion.
3. Company Snapshot
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Sona Comstar is a technology leader in mobility, offering mission-critical systems and components to global Original Equipment Manufacturers for electrified and non-electrified powertrains.
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The firm operates in nine manufacturing and assembly plants across India, Mexico, China, and the USA.
Sources: ZaubaCorp, Sona Comstar, BSE India
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