Hidden Harbor Capital, Cloyes Gear Appoints Chief Executive Officer

Cloyes Gear & Products, Inc., which is backed by Hidden Harbor Capital Partners, has hired John Bohenick as Chief Executive Officer. Based in Fort Smith, AR, and founded in 1921, Cloyes is a global leader in the design, development, manufacturing and distribution of timing drive systems and components for replacement applications in the automotive aftermarket and high-performance racing segment.

Bohenick joins Cloyes with over 30 years of experience in the automotive industry. Most recently, he served as Chief Executive Officer of Dayco, a manufacturer of engine products and drive systems supplier for the automotive, industrial and aftermarket industries. Prior to that, Bohenick served as president of SKF Sealing Solutions, a business unit of AB SKF, a global leader for design and manufacturing of bearings, seals, lubrication, mechatronics and services. He previously spent 20 years working for the Gates Corporation, a global manufacturer of power transmission and fluid power components, systems and services, in a variety of leadership roles culminating in being named president. His career also included working for General Motors on powertrain and vehicle systems.

John holds a Bachelor of Science with distinction in mechanical engineering from Cornell University.

“We have made significant progress since being acquired by Hidden Harbor and spinning out of American Axle, and I’m excited for our next chapter of growth under John’s guidance,” said Mick Jordan, president of Cloyes. “John brings a wealth of leadership and operational knowledge in the automotive aftermarket, and myself and the entire Cloyes management team look forward to working with John as we continue to serve our customers.”

Link: Cloyes

LAND announced the appointment of Shane Seymour as executive vice president of sales. Seymour’s arrival signifies the company’s focus on growing sales and dealer partnerships nationally, as funding continues to push in-house production forward.

Over the last year, LAND has displayed significant agility and strength, exceeding production and profitability goals while attracting top-tier talent. Following the close of an oversubscribed Series A round, LAND ramped up manufacturing of its versatile e-Moto, The District, while continuing to innovate the design and development of its swappable electric CORE batteries. Seymour’s move to lead the sales efforts underscores the company’s steady and strategic trajectory of success and ability to set itself apart in a highly competitive market.