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Leader with proven success managing P&L and attaining double-digit growth in both revenue and EBITDA by restructuring organizations and launching new divisions; rapidly increasing sales and diversifying the customer base; establishing start-ups and carve-outs; acquiring and integrating add-ons; reducing costs and increasing efficiency in operations by implementing the newest technologies in some of the most competitive markets globally. Formally recognized with awards for building and leading dynamic international teams. Extensive international business experience including 7 years spent in Japan. While in Japan earned a Master of Arts in Japanese Studies.
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Co-FounderFactoryiqAnn Arbor, Mi, Us -
Vice President Of Business DevelopmentIndustry 4.0 Accelerator Apr 2021 - PresentLeading business development for the Industry 4.0 Accelerator with the goal of scouting and curating the newest technologies in advanced manufacturing and logisitics and introducing those new technologies to our corporate partners. Activities include curated events at OEMs and Tier-Ones like Innovation Expos at Ford Motor Company and Innovation Days at GM. And conducting embedded events showcasing the newest technologies at trade show. -
Head Of PartnershipsHardtech Project May 2023 - PresentBoston, Ma, UsThe HardTech is dedicated to solving the funding gap for early-stage hardware start-ups at Scale. The current environment is creating a new wave of hardware innovation that is more important than ever. Yet only 3 percent of investors will even consider funding so-called “hardtech”. Solving this problem requires de-risking manufacturing and technical uncertainties at scale. We match founders with expertise that de-risks hardtech start-ups and funding that helps them move from prototype to field trials and volume production.Our platform supports solutions for the world’s most important and impactful problems. We want to see them all succeed.For the HardTech Projects I am leading parternship and developing ecosystems to help start-ups with the funding, productization, and commercialization of innovative hardware products.As Head of Partnerships• Creating and leading partnerships with accelerators, universities, strategic corporates, manufacturers, engineering firms, corporate venture capital groups, and traditional venture capital firms to help innovative hardtech start-ups through productization and commercialization.• Identifying and partnering with subject matter experts to validate new technologies and reduce productization risk. Technologies include; I4.0 Applications, Advanced Manufacturing, Vision Systems, XR, robotics, mobility, batteries, advanced materials, sensors, industrial decarbonization, medical devices, and A.I. driven applications. • Proposing and coordinating initiatives with government entities. Including, the DoD, DoE, SBA, and over 10 state governments. -
Senior AdvisorElm Park Labs, Inc. Mar 2022 - PresentFerndale, Michigan, UsElm Park Labs develops Extended Reality (XR) experiences that are revolutionizing the way humans learn, work, and interact. -
Principal Consultant & InvestorAdvant Nov 2020 - PresentConsulting suppliers to the global OEMs. In addition, consulting and investing in start-ups launching innovations in manufacturing and the mobility transformation.
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Global Vice PresidentLydall Nov 2019 - Nov 2020Manchester, Connecticut, UsJoined Lydall to lead Global Sales and Engineering to improve performance and position the company for sale. Managed supply interruptions, shortages in labor, and changing demands of customers through the pandemic. The improved performance of the division contributed to the successful sale to Unifrax. • Managed all commercial and engineering activities for Lydall’s Thermal and Acoustical Solutions globally with profit and loss responsibility for ~ $300M. Reporting teams located in the US, Germany, France, Japan, and China.• Evaluated global commercial and engineering organizations, initiated restructuring of teams, overhauled processes, created new KPIs to drive change, and implemented the newest software and data management systems for commercial and engineering operations.• Created and implemented short-term and long-term strategic plans, including multi-generational product road maps and go-to-market plans for new products for e-mobility and battery technologies.• In Europe and NA coordinated with VW, Porsche, Daimler, PSA, Ford, and GM on various government requirements and new specifications for batteries for electric vehicles. -
Vice President, Global Light Vehicle CoatingsAxalta Aug 2017 - Jul 2019Philadelphia, Pennsylvania, UsJoined Axalta to lead the Americas, Japan, and Korea Light Vehicle Coatings segment with global profit and loss responsibility for ~$500M revenue. Yielded +18% top-line and +54% EBITDA growth in the first 2 years. The performance contributed to The Carlyle Groups successful IPO (81% IRR in two years). Awarded Axalta’s Senior Leadership Award for exceptional contribution to the business for the improved performance and was promoted to Global Vice President of Light Vehicle Coatings with P & L responsibility for ~ $1.4B in revenue.• Managed the global organization (1,400 associates) responsible for acquiring business, developing products, managing the manufacturing, coordinating the delivery and managing the application of coatings at customers for 183 automotive assembly plants around the world. Reporting teams located in the US, Mexico, Brazil, Germany, France, Japan, South Korea, and China.• In North America created and executed a strategic plans for growth in diversification of customers and products mobility (coatings in batteries) and autonomous (lidar and radar)• Internationally led diversification and expansion into China, Japan, India, Russia, and South Africa. Included new customer acquisition, development agreements, strategic partnerships, recruiting and staffing teams, and managing the long supply chain.• Represented the organization and made presentations at public and private events. -
Vice President, Americas, Japan & Korea OemAxalta Oct 2013 - Aug 2017Philadelphia, Pennsylvania, UsRecruited to lead NA, Japan and Korea LV OEM coatings business globally to drive customer diversification. Budgeting and profit and loss responsibility in excess of $500M in revenue. Led over $100M in organic growth in 2 years.• Led Americas Region LV coatings with budgeting and P&L for the region. Revenues for the region at Axalta’s carveout from DuPount were ~ $400M but grew to over $500M.• Managed all aspects of the business including finance, personnel, business development, R&D, operation services, and supply chain. -
ConsultantFirst Catalyst Group, Inc. May 2012 - Oct 2015Consulting and representation firm to capitalize on automotive industry and renewable industry market knowledge.
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General Manager - Global Pv, Concentrating Solar Power & Concentrating PvGuardian Industries Corp. Nov 2009 - May 2012Auburn Hills, Michigan, UsCreated and led a division to develop, manufacture, and sell solar glass and reflectors to utility scale solar PV and thermal plants globally. Innovations in products earned awards from NREL, CES, and SolarPaces. -
Business Unit Director, N.A. Automotive Glass Business UnitGuardian Industries Corp. Dec 2007 - Nov 2009Auburn Hills, Michigan, UsManaged a team of Account Managers and Program Managers for all of Guardian Industries automotive glass sales in North America. -
Business Unit Director International Business UnitGuardian Industries Corp. Jun 2003 - Dec 2007Auburn Hills, Michigan, UsSuccessfully led team of Account Managers and Program Managers to acquire and launch business with the Japanese and German automotive OEMs in North America. -
Account ManagerGuardian Industries Corp. Feb 2001 - Jun 2003Auburn Hills, Michigan, UsAcquired and launched first business with Japanese automotive manufacturers for Guardian Automotive. -
Account ManagerSiegel-Robert, Inc. Feb 1998 - Dec 2000Responsible for sales to Japanese OEMs in North America.
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Manager Sales And EngineeringEakas Corporation Jun 1997 - Feb 1998UsTransfered from the parent company in Japan to the North America division to manage sales and engineering teams for a manufacturer of injection molded and painted automtive parts. -
International CoordinatorSakae Riken Kogyo Feb 1994 - Jun 1997Coordinated activities between the Japanese parent company and the North American division.
Michael Magdich Skills
Michael Magdich Education Details
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Northern Illinois UniversityBa -
University Of EssexMa -
Ehime University -
Northwestern University - Kellogg School Of ManagementExecutive Education
Frequently Asked Questions about Michael Magdich
What company does Michael Magdich work for?
Michael Magdich works for Factoryiq
What is Michael Magdich's role at the current company?
Michael Magdich's current role is Co-Founder.
What is Michael Magdich's email address?
Michael Magdich's email address is ml****@****ail.com
What is Michael Magdich's direct phone number?
Michael Magdich's direct phone number is +173442*****
What schools did Michael Magdich attend?
Michael Magdich attended Northern Illinois University, University Of Essex, Ehime University, Northwestern University - Kellogg School Of Management.
What skills is Michael Magdich known for?
Michael Magdich has skills like Solar Energy, Renewable Energy, Photovoltaics, Energy, Manufacturing, Energy Efficiency, Product Development, Business Development, Business Strategy, Negotiation, Automotive, Strategic Planning.
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