DURA Automotive

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Investment Date:
August 2020
Exit Date:
Current
Fund:
Fund I
Sector:
Automotive
Headquarters:
Auburn Hills, MI
Footprint:
31 facilities worldwide
Revenue:
~$640m
End Markets:

Dura is a global designer and manufacturer of highly engineered automotive systems. It operates through its mechatronics, lightweight structures and exterior trim segments, making products such as shift-by-wire actuators, advanced driver-assistance systems (ADAS), electric vehicle (BEV) battery trays, mechatronic control systems and aluminum roof rails. Dura supplies leading automotive OEMs and Tier one partners worldwide, with a presence on more than 300 platforms across all light vehicle and powertrain types.

 

Add-On Criteria

  • Geography: North America, Balkans
  • Size: flexible
  • End markets: automotive
  • Products/applications: structural aluminum components, ADAS sensors, actuators
  • Capabilities/services: aluminum extrusion technology

Dura Company Management

Kimberly Rodriguez

CEO

Kimberly Rodriguez joined Dura in 2020 as the Company’s CEO and has spent her entire career in global finance, restructuring and supply chain management both in industry and in an advisory capacity. Prior to Dura, Kimberly was the CEO of Rush Trucking Corporation. She also previously held leadership positions at SCRM as well as KPMG and Grant Thornton, where she was a Global Automotive Steering Committee Member.

Stephen Johnston

CFO

Stephen Johnston joined Dura in 2020 as CFO. Prior to joining new Dura, Stephen held positions as the CFO of Tower Automotive North America, corporate controller and global chief accounting officer at Nexteer Automotive, and partner at KPMG.

Independent Board Members

Rhondia Turano

GM, Executive Global Supplier Quality for GE Powers

Rhondia Turano is currently the GM, Executive Global Supplier Quality for GE Powers.  She is the former head of Powertrain purchasing for General Motors and a Global Supply Chain executive with excellent interpersonal skills. Rhondia communicates effectively with stakeholders and obtains buy-in.

 

Prof. Dr. Jochem Heizmann

Retired, Volkswagen Group

Prof. Dr. Jochem Heizmann recently retired from the Volkswagen Group’s board of directors. During his time with Volkswagen, Prof Dr. Heizmann served as a member of the board of management Volkswagen AG and President & CEO Volkswagen Group China.

Chris Charlton

President and Founder, The Charlton Group

Chris Charlton is President and Founder of The Charlton Group. He is a graduate of Michigan State University and a Mayo Clinic benefactor, including endowments to the Charlton Building at Mayo Clinic in Rochester, Minnesota. Chris finds joy in creating sustainable businesses. His consistent approach has led to major investments in manufacturing companies with plants on every continent. Beyond automotive, Charlton has diversified into energy with major investments that include 2.8 billion tons of iron ore, oil and gas wells, and non-automotive industrial initiatives as well as real estate.

Michael Richardson

Retired, Nexteer

Michael Richardson has 15 years of experience with Nexteer serving as President and Executive Board Directors, where he retired in January 2020. He has 20 years of experience with General Motors, where he served as Regional Director of Engineering.

Franz Linner

CEO & Founder, Linner Consulting Group

Franz Linner is the CEO & Founder of Linner Consulting Group, which brings together the right people and provides custom-tailored solutions focusing on strategic operations and global expansion. Mr. Linner held various positions, including executive roles at the BMW Group for 35 years.

Greg Corona

Chairman & Founder, Lakewood & Company

Greg Corona has over 30 years of experience in executive positions in operations, finance, private equity, and venture capital. His background Chairman and/or a Member of 17 corporate Boards of Directors, Audit Committees, and/or Corporate Governance Committees.

Phil Jansen

President, Sable View Advisors

Phil Jansen is a senior leader with a diverse global automotive experience. He is the President of Sable View Advisors LLC and has 35 years of diverse industry experience, specializing in product development, product strategy, and production execution.

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