The International Automotive Components (IAC) Group has appointed Larry Vano as its new chief supply chain and procurement officer.
Vano has almost three decades of experience in the automotive industry, including his various leadership roles at seating supplier Lear. He was Lear’s VP of Global Purchasing for Seating, and was most recently senior vice president of Supply Chain and Program Management at FXI, a fabric manufacturer which is a supplier to automotive OEMs.
Throughout his career, he has executed global transformations of procurement, including the introduction of new global commodity and programme purchasing models, as well as strategic sourcing and risk and opportunity transparency.
IAC Group said the appointment shows its commitment to driving growth, enhancing profitability and delivering value to its customers.
“Leveraging Larry’s extensive expertise and innovative strategies to enhance operational efficiency and drive positive change will undoubtedly strengthen IAC Group’s position in the market,” said Kevin Baird, CEO, IAC Group. “His dedication to organisational transformation and talent development aligns perfectly with our vision for the future.”
Vano said: “The company’s reputation for being at the forefront of automotive interior solutions and their commitment to innovation and excellence is truly commendable. I’m eager to leverage my experience and contribute to the next chapter of IAC Group’s success story.”
He takes over from Kelly Bysouth, who left the role in June to become senior vice president of 3M. She joined IAC at the beginning of 2019, having previously held leadership positions in North America and Europe for Adient.