Former Lear CEO Matt Simoncini Joins Novi’s Cooper Standard Holdings Board

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Novi’s Cooper Standard Holdings Inc., a global supplier of systems and components for the automotive industry, Thursday announced the election of Matthew J. Simoncini, now an adviser at Southfield-based Lear Corp., to its board of directors, effective Aug. 1.

“Matt is a tremendous addition to our board of directors,” says Jeffrey S. Edwards, chairman and CEO of Cooper Standard. “His recent experience running a top-tier global automotive supplier, along with his extensive financial background and cultural fit, will contribute to our success. We welcome Matt to the board and look forward to incorporating his perspective into our strategy going forward.”

Simoncini is serving as an adviser to Lear until the end of 2018. He most recently served as president, CEO, and a director at Lear. During his 21-year career at the company, he served in numerous roles of increasing responsibility, including senior vice president and CFO, senior vice president of finance and chief accounting officer, vice president of global finance, vice president of finance for Europe, and vice president of finance for the company’s electrical and electronics and Daimler Chrysler division.

He joined Lear with the acquisition of United Technologies Automotive as director of finance for the motors division.

Simoncini serves on the board of directors for the Bing Youth Institute, the Detroit Children’s Fund, Michigan Opera Theatre, The Parade Company, Wayne State University Foundation, and several other nonprofit and community organizations. He earned his bachelor’s degree and an honorary Doctor of Law degree from Detroit’s Wayne State University.

Cooper Standard products include rubber and plastic sealing, fuel and brake lines, fluid transfer hoses, and anti-vibration systems. The company employs about 32,000 people globally and operates in 20 countries.

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