REDFORD, Mich., July 17, 2017 /PRNewswire/ -- Amit Singhi has been named chief financial officer for the Piston Group, a newly created position reporting to the group's CEO and Chairman Vinnie Johnson.
Singhi will oversee the group's finance organization, with responsibility for financial management, planning and reporting, as well as for financial controls, treasury functions and financing for the Piston Group of companies, including Piston Automotive, Irvin Automotive Products and AIREA, as well as the group's controlling interest in Detroit Thermal Systems.
Singhi has held a variety of management positions at Ford Motor Company and General Motors. Most recently he was CFO at FLIR Systems, a publicly held mid-cap technology company based in Portland, Oregon.
He began his business career at General Motors as a research engineer in 1989. Five years later he joined Ford Motor Company where he progressed through a series of senior finance positions in North America prior to being named CFO for Ford South America in 2012.
"Our vision is to become a fully integrated global automotive supplier," said Vinnie Johnson. "Amit is a results-oriented leader with global operational and financial experience. He will provide additional strategic direction and oversight at a group level to help us reach new, higher levels of performance in the years ahead."
Singhi holds master's degrees in electrical engineering and business administration from the University of Michigan in Ann Arbor, and a bachelor's degree in electrical engineering from the Indian Institute of Technology in Mumbai, India.
Piston Group companies, including Piston Automotive, Irvin Automotive and Detroit Thermal Systems, design, engineer, assemble and manufacture a wide variety of automotive parts and systems. AIREA is an office design studio and furniture dealer. In total, the Piston Group has more than 8,300 employees at 15 facilities in North America with annual sales of more than $1.8 billion. It ranks among the top five privately-owned auto suppliers in southeastern Michigan. Its customers include Delta Airlines, FCA US, Ford, General Motors, Honda, Nissan, Southwest Airlines, Toyota and ZF.
With annual sales of more than $1 billion, Piston Automotive has 700 employees at locations in Detroit; Redford, Michigan; Louisville, Kentucky; North Kansas City, Missouri, and Toledo, Ohio. Headquartered in Pontiac, Michigan, Irvin Automotive has annual sales of $500 million, 7,000 employees and facilities in Acuna and Sabinas, Mexico, and Del Rio, Texas.
Based in Romulus, Michigan, Detroit Thermal Systems has 600 employees with annual sales of $270 million. AIREA is an office design studio and furniture dealer with stores in Detroit and Southfield, Michigan. AIREA has 30 employees with annual sales of $20 million.
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SOURCE Piston Group