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Martinrea CFO to Lead as President

 8 months ago
source link: https://ceoworld.biz/2024/01/09/martinrea-cfo-to-lead-as-president/
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Martinrea CFO to Lead as President

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Fred Di Tosto has been appointed as the new President of Canadian automotive parts manufacturer Martinrea International Inc.

Di Tosto has held the position of Chief Financial Officer at Martinrea since 2011 and previously served as the Executive Vice President of its Flexible Manufacturing Group. In a news release on January 8, Martinrea officials announced that Di Tosto would continue with his current duties as CFO alongside his new role as President.

With a tenure spanning over a decade, Di Tosto, aged 48, has been an officer at Martinrea since 2010. Before joining Martinrea, he worked at KPMG LLP, providing services to various multinational companies, including Martinrea. He holds a Bachelor’s Degree in Mathematics for Commerce from York University and is a Chartered Accountant by designation. He previously served as the Chairman of the Automotive Parts Manufacturers Association (APMA) and presently remains a member of its Board of Directors.

Headquartered in Concord, Ontario, Martinrea specializes in the design, development, and manufacturing of lightweight structures and propulsion systems. The company operates across 59 locations spanning Canada, the U.S., Mexico, Brazil, Germany, Slovakia, Spain, China, South Africa, and Japan.

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