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Grupo Industrial Saltillo, S.A.B. de C.V. (GISSA), a leading global manufacturing company, has announced a significant leadership transition. The company has appointed Knut Bentin as its new Chief Executive Officer, effective August 18. Bentin will succeed Jorge Rada Garza, who is retiring from the company after successfully leading a major portfolio restructuring and the global consolidation of its auto parts business, Draxton.
Key Highlights
- Knut Bentin will assume the role of CEO for Grupo Industrial Saltillo (GISSA) starting August 18.
- The appointment follows the retirement of Jorge Rada Garza, who was recognized for strengthening the company’s Auto Parts Business.
- Bentin is an experienced executive with more than 30 years of experience in the international automotive sector.
- The leadership change comes after a period of strategic transformation for the company, aimed at reinforcing its global market position.
A Strategic Leadership Transition
The Board of Directors at Grupo Industrial Saltillo (BMV: GISSA) announced the change, positioning it as a forward-looking move to build on recent successes. The retirement of Jorge Rada Garza marks the conclusion of a pivotal era for GISSA, during which he was instrumental in navigating a challenging macroeconomic environment marked by disruption in the automotive industry.
On behalf of the Board, Chairman Juan Carlos López Villarreal expressed his gratitude for the outgoing CEO’s contributions. “We thank Jorge for his valuable contribution in focusing and strengthening the Auto Parts Business,” he stated. “He drove this transformation through a leadership style marked by strategic vision, execution focus, and the development of a process- and systems-based culture. We wish Jorge the greatest success in his future endeavors.”
Introducing a New Global Leader
The incoming CEO, Knut Bentin, brings a wealth of global industry knowledge to the role. Originally from Germany, Bentin is a proven leader with over three decades of experience in the automotive sector, having held high-level executive positions in Europe, Mexico, and the United States.
The Board of Directors warmly welcomed Mr. Bentin, expressing confidence that his expertise is ideally suited for GISSA’s next chapter. The board believes his leadership will be crucial in strengthening operations with financial discipline and cultural sensitivity across the company’s diverse global footprint, ensuring continued growth and stability in a complex international market.
About Grupo Industrial Saltillo
Grupo Industrial Saltillo is a premier manufacturer and marketer of products for the Auto Parts and Home sectors. Its divisions specialize in iron or aluminum casting and machining for the automotive industry and the production of kitchen and tableware products for consumers.
The company’s expansive global operations are powered by the talent of 6,000 employees working across 14 production facilities. GISSA maintains a significant manufacturing presence in Mexico, Spain, the Czech Republic, Poland, Italy, and China, complemented by a commercial and distribution network in the United States.
For more information, visit www.gis.com.mx.
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