Mr. Leuliette will be our speaker for our November Breakfast, on Thursday November 17. Please click here to se the event page.
Timothy D. Leuliette is a private investor and retired as president and chief executive officer of the Fortune 500 Visteon Corporation, in June of 2015. He assumed this role in August of 2012, when the directors asked him to lead a management change at the company. The subsequent turn-around of Visteon reshaped the enterprise from a troubled global family of businesses and joint ventures with a combined revenue of $16 billion with over 65,000 employees in 26 countries, to a profitable, focused, leading automotive electronics company. During his tenure, over $4 billion of shareholder value was created and the “Visteon Story” is quickly becoming one of the most studied industrial turn-arounds of this century.
Upon assuming his role at Visteon, Mr. Leuliette left FINNEA Group, a firm he had co-founded and where he was a senior managing director. FINNEA Group was an investment banking, financial advisory and merchant banking firm which focused on industrial, energy, healthcare and real estate development sectors.
He left the FINNEA Group’s predecessor firm to serve as chairman, president & CEO of Dura Automotive LLC, for two years to oversee its emergence from bankruptcy, it’s financial and operational restructuring and its successful sale. Dura had annual revenues of $1.7 Billion (USD), operated in 16 countries and employed 9,000 people. Prior to that, Mr. Leuliette was co-CEO of Asahi Tec Corporation and chairman and CEO of its subsidiary Metaldyne Corporation, a company he co-founded in 2000 with the purchase and consolidation of five manufacturing companies. Metaldyne was sold to Japanese based Asahi Tec in January of 2007. Mr. Leuliette became the first American to hold a CEO position in a large publicly held Japanese company.
Mr. Leuliette was formerly president and chief operating officer of Penske Corporation, a closely-held diversified transportation services company with annual revenues exceeding $10 billion (USD) and more than 33,000 employees at over 200 facilities worldwide. Prior to joining Penske Corporation, Mr. Leuliette was president and chief executive officer of the $5 billion (USD) ITT Automotive Group, and senior vice president of ITT Industries Inc. In this role, he was responsible for consolidating over a decade of acquisitions and establishing core businesses which resulted in building ITT Automotive into a profitable, global company.
Before joining ITT, Mr. Leuliette served as president and chief executive officer of Siemens Automotive L.P and was a member of the Siemens Automotive Managing Board and a corporate vice president of Siemens AG. He was the first non-German to hold this level of authority in the 143year history of the German electrical and electronics company.
Mr. Leuliette has been called upon to work in troubled situations as a member of a board of directors for companies facing distress, such as Libby Owens Ford after its acquisition by Pilkington and Collins & Aikman where he served as chairman of the board’s restructuring committee and oversaw the restructuring firm which implemented the plan of reorganization.
Mr. Leuliette currently serves on the boards of Nine Point Energy, where he is chairman, Goodrich Petroleum, where he is lead director, the privately held connected car company Autobrain, and the Michigan based development company “AMR”. He also serves as the Chairman of the YMCA of the Palm Beaches, and prior non profit boards have included The Business Leaders of Michigan and The Detroit Economic Club.
He is also the past chairman of the board of The Detroit Branch of The Federal Reserve Bank of Chicago.
Mr. Leuliette holds a Bachelor of Science Degree in Mechanical Engineering and a Master’s Degree in Business Administration from the University of Michigan.