Gurugram-based auto components major Sona BLW Precision Forgings on Monday announced the appointment of Jeffrey Mark Overly as its Chairman, days after the untimely demise of Sunjay Kapur.
In a statement, the company said that the board of directors appointed Overly, an independent director since February 12, 2021, as the Chairman of the company in a meeting held on June 23.
The board has also approved the designation of Kapur as Chairman Emeritus, the company added. Kapur passed away on June 12 in England.
Under Kapur’s chairmanship, which began in 2019, Sona Comstar expanded its global footprint across the USA, Mexico, China and Serbia, and listed on the stock market.
It also entered future mobility domains such as sensors and software through the acquisition of a majority stake in Novelic.
“Throughout his tenure, Mr Kapur was instrumental in steering the Company through significant milestones,” the company said. “His strategic insights and ethical values served as the foundation of corporate governance and set the course for sustained growth and innovation for the company.”
Overly has been on the board of the company for almost 5 years. He holds a bachelor’s degree of science in industrial management from the University of Cincinnati and a Master’s degree in business from Central Michigan University.
He has over 43 years of operating experience, including 25 years at General Motors Corporation and Delphi Corporation in numerous operations and engineering positions with global responsibilities, the company said.
He has also worked with Blackstone and Kohler Company.