Lordstone’s Automotive Practice reflects nearly twenty years of providing executive search and leadership advisory services to the global automotive industry. Serving as true strategic consulting partners and senior advisors to boards, CEO’s and executive management, we assist automotive clients on matters of talent strategy & succession planning, management appraisal & assessment, executive search & selection, integration, onboarding, coaching and leadership development.
The firm's automotive executive search consultants serve automotive manufacturers, suppliers and service organizations when recruiting executive talent for their organic growth plans or acquisitions. Additionally, during times of crisis management, automotive restructuring or turnarounds, we recruit automotive interim executives, new leadership teams or board directors.
Prior engagements within the automotive sectors have included:
Lordstone’s automotive executive search firm services assist foreign passenger car manufacturers and foreign OEM suppliers when they are looking to enter the U.S., North American or markets in Europe or Asia. Our automotive recruitment efforts focus on senior level leaders, specifically board directors, C-level executives (CEO, CFO, COO) and vice presidents. We conduct global automotive executive search consulting engagements throughout North America (U.S., Canada and Mexico), Europe (U.K., Norway, Sweden, Denmark, France, Germany, Spain, Austria, Switzerland) and the Pacific Rim (Australia, Singapore, Japan, South Korea, China, Malaysia).
Automotive, commercial truck, heavy equipment, construction equipment and powersports segments served include:
Bench strength in many automotive companies was depleted during the last global recession or previously didn’t exist due to poor succession planning or a lack of leadership development and talent management programs. This combined with the retirements of the baby boomer generation have left many automotive companies with critical gaps among their leadership ranks. Lordstone is strategically prepared and positioned to identify and address these talent gaps within client organizations through its automotive consulting and executive recruiting services. Our automotive executive search and leadership consultants work with some of the leading automotive manufacturers, suppliers, dealers and service organizations, helping them achieve value above and beyond what they can manage internally. Whether a client is in an organic growth stage, making acquisitions, looking to improve upon past performance, managing a crisis or currently restructuring or in turnaround mode, our automotive recruiters and leadership consultants can assist.
Recommended by a former Goldman Sachs investment banker and venture capital/private equity firm founder, our automotive executive search consultants assisted an India based, tier one powersports supplier in entering a new geographic market by recruiting a Chief Executive Officer (CEO).
Recommended by McKinsey & Company, our automotive executive recruiters and search consultants assisted an Italian based, tier one automotive supplier of alternative fuel equipment in entering the North American market by recruiting a Vice President of Sales & Marketing.
Identified, vetted and recognized among the Top Automotive Executive Search Firms in North America, we were hired by the ESOP board of an automotive training and consulting company to advise on a succession plan for an underperforming President. Subsequently a replacement executive search was conducted by our automotive search consultants and 7 years later the new President is still employed having delivered a stock increase of 146% (13.72% CAGR) during his tenure, while also transitioning the organization into the digital age.
When the CEO of a non-profit education and credentialing organization announced his plans to retire, our automotive recruiters and search consultants advised the international board of directors on key areas of a succession/transition. This included assisting them in defining the role based upon the current and future needs of the organization, recruiting leaders from throughout the automotive industry, assessing those leaders with the search committee and advising them throughout the CEO selection process. A new CEO was hired and within 5 years, revenue increased by 100% (14.09 CAGR) and six years into the hire, the new Chief Executive Officer is still employed.
Recommended by a shareholder within Trinity Accounting Group, our automotive search consultants assisted a private automotive dealer in locating, assessing and on-boarding a new General Manager for an underperforming automotive dealership in the Southeastern United States. Our consulting and automotive recruitment efforts produced 5 viable leaders, which were assessed and interviewed with the client. A new General Manager was hired and within 6 months, the turnaround occurred with existing staff, minus one resignation. Within 12 months, comparative monthly unit volume had increased 300% and net profit was tracking +60% YOY.
Recommended by the Director of Global Executive Talent Acquisition at Eaton Corporation, our automotive researchers and recruiters assisted the company in building a leadership and talent pipeline for key manufacturing leadership roles in Europe.
"Almost everything about working with Lordstone was different than working with other firms in the past. They made it a priority to truly understand our organization’s needs as well as our culture. They brought qualified candidates versus available candidates. They brought value to our company not only by presenting top shelf candidates but by teaching us how to conduct this process more effectively in the future. They followed up to ensure the candidates we successfully on-boarded and participated in this process. Lordstone is unlike any other search firm I have ever worked with and has set the bar extremely high for any future search firms we might consider working with.”
We provide our clients highly personalized service, resulting in the long-term benefit of clients and candidates alike. We offer top quality service in the fields of: