Electrical Components Appoints New CEO Michael A. Balsei
July 15, 2020 | Business WireEstimated reading time: 1 minute
Electrical Components International, Inc, a leading global supplier of wire harnesses, electrical components, and sub-assemblies for the diversified industrial markets, announced that Michael A. Balsei has been appointed as Chief Executive Officer, effective immediately. He succeeds Douglas J. Grimm, Chairman of the Board, who had been serving as Interim Chief Executive Officer.
Mr. Balsei has an extensive track record of leading global businesses in the electrical distribution systems, automotive, and advanced materials sectors. He most recently led the Electrical Business Unit of Lear Corporation, a manufacturer of automotive seating and electrical systems. He led all aspects of the segment, which spanned 53 manufacturing plants across 25 countries with more than 65,000 employees. Previously, Mr. Balsei was at Delphi Automotive PLC, now trading as Aptiv PLC, for over 17 years, most recently as President of the Electrical & Electronic Distribution Systems division where he was responsible for a team of 110,000 employees in 30 countries. He started his career at General Motors in 1989 and served in various engineering and managerial roles for over 10 years.
“We are delighted to welcome Mike to ECI and look forward to the company’s next chapter of growth under his leadership,” said Mr. Grimm. “Mike has an outstanding combination of critical sector experience and expertise. The Board is confident that he is the ideal candidate to continue growing ECI while delivering on its high-quality customer service promise.”
Commenting on his appointment, Mr. Balsei said, “I am thrilled to be joining ECI at this pivotal time and look forward to working with my new colleagues as we continue providing our customers with world-class products. ECI is a strong business that is well-positioned to continue identifying and capturing opportunities to expand its market leadership, and I am confident we will sustain the momentum built over the last several years. I thank the Board for its confidence in me as I assume this new role.”
Suggested Items
Reducing Nitrogen Consumption in Convection Soldering with Rehm Thermal Systems' Patented Mechatronic Curtain
03/28/2024 | Rehm Thermal SystemsCurrent developments indicate a need for larger throughput heights due to the trend towards e-mobility, which in turn increases nitrogen consumption for process inertization. Rehm Thermal Systems responds to this issue with an innovative solution: the mechatronic curtain.
CentraTEQ to Showcase Wide Range of Vibration & Environmental Test Systems at Battery Tech Expo 24
03/26/2024 | CentraTEQEnvironmental and vibration test specialists CentraTEQ are excited to be exhibiting at the upcoming Battery Tech Expo, scheduled to take place at Silverstone on April 25, 2024.
SEMI 3D & Systems Summit To Spotlight Trends In Hybrid Bonding, Chiplet Design And Environmental Sustainability
03/26/2024 | SEMILeading experts in 3D integration and systems for semiconductor manufacturing applications will gather at the annual SEMI 3D & Systems Summit, 12-14 June, 2024,
iNEMI/IPC White Paper on Complex Integrated Systems Highlights Future Technology and Manufacturing Ecosystem Needs
03/25/2024 | IPCToday’s system solutions combine more varied functionality, such as digital, analog, optical, micro-mechanical, etc., packed into smaller form factors. As a result, electronics manufacturing has to deliver increasingly complex integration of diverse technologies with system designs that blur the distinction between chip, package, board, and assembly.
Synopsys Announces New AI-Driven EDA, IP and Systems Design Solutions At SNUG Silicon Valley
03/25/2024 | PRNewswireSynopsys, Inc. kicked off its annual flagship Synopsys User Group (SNUG) conference in Silicon Valley at the Santa Clara Convention Center with a keynote presentation by Synopsys president and CEO Sassine Ghazi. Ghazi discussed the unprecedented innovation opportunities and challenges that technology R&D teams face in this era of pervasive intelligence.