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Myths and Realities of the Global Automotive Industry
Linda Hasenfratz was named Chief Executive Officer of Linamar Corporation on August 12, 2002. From April 1999 to August 2002 she was President of Linamar Corporation. Ms. Hasenfratz joined Linamar Corporation in July 1990 and embarked on an extensive training program to gain familiarity with all aspects of the business. Positions held in the Corporation range from Machine Operator all the way up to General Manage of the company’s Vehcom Manufacturing and Comtech Manufacturing Ltd. Divisions.
Ms. Hasenfratz completed an Executive MBA from the Ivey School of Business at the University of Western Ontario in June 1997. In addition, Ms. Hasenfratz holds an Honours Bachelor of Science degree from the same institution. The analytical and strategic planning skills gained during the MBA program in combination with practical skills gained at Linamar are key factors in Ms. Hasenfratz’ executive development.
Since Ms. Hasenfratz assumed corporate level responsibilities, Linamar sales have grown from $800 million to more than $2.8 billion. The corporation has undergone significant change in terms of formalization, development, communication and execution of a vision and strategy for future growth as well as development of communication, performance management and operating systems utilized throughout the company.
Linamar Corporation is a diversified global manufacturing Company of highly engineered products powering vehicles, motion, work and lives. The Company is made up of 2 operating segments, the Powertrain and Driveline segment and the Industrial segments which are further divided into 4 key divisions, Manufacturing, Driveline, Industrial Commercial Energy,ICE, and Skyjack, all world leaders in the design, development and production of highly engineered products. The Company’s Manufacturing and Driveline divisions focus on precision metallic components, modules and systems for engine, transmission and driveline systems designed for passenger vehicle markets. The ICE group concentrates on similar products for on and off highway vehicle, energy and other industrial markets. The Company’s Skyjack division is noted for its innovative, high quality mobile industrial equipment, notably its class leading aerial work platforms and telehandlers. With more than 17,200 employees in 40 manufacturing locations, 5 R and D centers and 15 sales offices in 12 countries in North America, Europe and Asia, Linamar generated sales of more than $3.22 Billion in 2012.