Senior Automotive Executive

S teven L. Hayworth

***** *********** *****, ********** * i l ls, M I 48331 0-248-***-**** 0

***********@*****.***

Senior automotive executive with experience growing and running companies with full P &

L responsibilities on a national and international level. With experiences at both the OEM

and Supplier sectors, structured and postured companies for fast growth, market

penetration and new product int roduction/launch achieving high profits in a demanding

i ndustry.

Core Competencies

Strategic Business Planning Finance/refinancing/Budgets Quality Management Systems

Organic/Tactical Growth Company/Cultural Integration TS/ISO Certification

New Product Restructuring/Organizing Lean Manufacturing/JIT

Development/Launch

Mergers/Acquisitions/JVs Operations/Manufacturing Continuous Improvement

Turn-arounds, Divestitures Customer Global Supply Chain

Relations/Satisfaction M anagement

Greenfields/Brownfields

SLH COLLABORATI VE GROUP, LLC, Farmington H ills, M I 2013-Present

P rivately held business to business enterprise. Representing multiple clients in Strategic Planning,

B udgeting and Business Development

P resident

Founded company to assist and consult with smaller business enterprises for the

p urpose of expanding their business and management expertise.

Selective Achievements:

• Facilitated business planning, budgeting processes and sale of $5M

t ransportation fi rm.

• Secured $27M purchase order for a tier 1 supplier of specialty commodities.

• Secured multiple RFP/RFQ’s for multiple suppliers of varied commodities.

• Worked for/with non-profit, CASY, preparing service men and women for the

re-entry into the job market.

2006-2012

P ISTON AUTOMOT ICE, LLC, Redford, M I

P rivately held $550M automotive parts supplier of complex assemblies including

Powertrain Cooling Modules, Brake and Suspension Modules, and Interior Modules.

P resident & Chief Executive Officer

Recruited by owner and board of directors to change the financial and cultural

d irection and to grow the business in terms of revenue, customer base and product

offerings with full P&L responsibili ties. Set corporate tu rnaround strategies and

d irection through actionable goals and objectives, established new vision of Sales

and Marketing, selected executive management team, and secured funding for

f uture growth.

Steven L. Hayworth

P age 2

P ISTON AUTO MOT I VE (Cont.)

Selective Achievements:

• Achieved over 800% revenue growth with an excess of $500M in sales with

record net profits for years 2008-2012. Projected 2013 budgeted revenue to

g row by approximately 40%, with increased net profits while launching two

new facilities.

• Increased plant productivity from $138 in revenue per sq. ft. to $1,214 per sq.

f t.

• Diversified customer base to four major OEM’s and focused band width of

p roduct offerings.

• Divested ownership in one JV and acquired full ownership in another with

positive financial impact, realizing payback on investment in four months.

• Refinanced company twice: ini tially doubled the original borrowing base and

lowered interest costs. Changed financial institutions, increased borrowing

base by 60%, negotiated a term loan component and eliminated all owner

personal guarantees.

• Doubled manufacturing footprint with the launch of two new facili ties with

new product/programs.

L EAR CORPORAT ION, Southfield, M I 1986-2006

$18B Global Tier 1 Automotive Supplier of Total In teriors

Recruited from General Motors as Director of Corporate Quality to develop and

i mplement an organization-wide quality strategy. Promoted five times based on

achieved results.

P resident – Global Seating D ivision (2003-2006)

Promoted by Chairman and CEO to lead largest Global Division. Had full P&L

responsibili ty for $10.4B of Global Seating Division revenues, 60 Global seat

manufacturing, engineering/design/test facilities, and a total headcount of 43,000

people in 12 Count ries with three Regional Presidents.

Selective Achievements:

• Consolidated eight engineering/test facilities into four, saving $12M annually.

I ncreased revenues by $1.3 B and improved profit margins from 2.3% to

2.75%, with a f lat SGA.

• Reduced annual capital expenditures by $20M annually.

• In tegrated a Chinese acquisition and converted products to produce seat

cover for in- country use.

Executive Vice P resident – Global Pu rchasing (1998-2003)

Promoted by President and COO to strategically move purchasing from a

decentralized organization to a centralized, consolidated function. Led Global

P urchasing, Logistics, Supplier Quality and relationships, $13.2B in product

p urchases, $380M in t ransportation purchases, $100M in capital/equipment

p urchases annually, with a global headcount of 1200.

Selective Achievements:

• Consolidated approximately 30 local purchasing offices into th ree

regional/central offices in US, Germany and China.

• In tegrated 17 purchasing organizations as a result of acquisitions.

Steven L. Hayworth

P age 3

L EAR CORPORAT ION (Cont.)

• Averaged 3.7% annually or approximately $2.5B in total cost savings in five

years.

• Reduced the number of suppliers by 40%.

• Improved supplier relations index from 53% to over 90% as measured by

OESA and I HS.

Global Vice P resident & General Manager (1995-1998)

Promoted by President and COO to expand customer focused division (CFD).

G lobally responsibility for Ford Motor Company business including $3.2B of

revenue, direct reports in Sales, Engineering, Program Management, Finance,

Quali ty and Operations, eight manufacturing facilities in the U.S., Canada and

E urope, with a total headcount of 1800 employees.

Selective Achievements:

• Established first engineering/sales offices in Dunton, England to support

local development.

• Secured $400M interior business.

• Achieved Full Service Provider status with Ford (Engineering, Design, Test

and Manufacturing).

Site Plant Manager (1992-1995)

Promoted by Vice President, Ford/Chrysler Business Unit to lead P&L of two Just-

in-t ime seat assembly and sequencing facilities in Romulus, M I. Oversaw $490M in

revenue, supported multiple OEM customers, manufacturing, quality and delivery

of products in-sequence/broadcast with nine direct reports and a total of 740

employees.

Selective Achievements:

• Launched three new seating programs all under budget resulting in $3M

savings

• Successfully negotiated two labor contracts without incident and maintaining

p rofitabili ty.

• Awarded most improved plant for profitabili ty(1.4% to 3.1% O/I) and

quality(534 ppm to 27 ppm)

• Successfully expanded one facility while continuing current operations, $87K

u nder budget and 3 weeks ahead of schedule.

Strategic Business Unit D i rector (1989-1992)

Promoted by President to direct the largest revenue generating business unit,

leading Sales, Engineering and Program Management on the General Motors full

s ize t ruck program with $1.3B in revenue. Responsible for engineering program

budget of approximately $30M annually, with seven JIT seat assembly and two

component manufacturing facilities.

S teven L. Hayworth

P age 4

L EAR CORPORAT ION (Cont.)

Selective Achievements:

• Secured and launched the $480M GM full size t ruck program in seven

locations on time and within budget.

• General Motors Supplier of the year 1990-1992.

D i rector Corporate Quality - Southfield, M I (1986-1988)

H i red by the Executive Vice President, Manufacturing to establish a corporate

f unction

Selective Achievements:

• Established Corporate Quali ty Manual with all processes and procedures for

our manufacturing group.

• Achieved QS/ISO/TS certification at 22 of our facilities.

• Established a quality reporting system for both internal facilities and our

supplier base.

GENERAL M O TORS CORPORAT ION, Warren, M I 1976-1986

Original Equipment Manufacturer of Automotive Vehicles

D i rector of Quality/Reliability Engineering at D ivisional HQ (1984-1986)

Manager P roduction Control and Logistics (1982-1984)

Supervisor Plant Floor P roduction Control (1987-1982)

P roduction Control Mate rials Scheduler/ P roduction L ine – Assembler

(1976-1978)

Master of Business Administration

Bachelor of Science, Business Administration

Corllins University, S tockton, California

Associates of Science, I ndustrial Management

Longview College, Lee’s Summit, Missouri

E xecutive Program Series

Strategic Business Planning

Kelly School of Business, I ndiana University, B loomington, Indiana

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