Hilco Performance Solutions (HPS), an operating company of Hilco Global, named Frederic Vanlinthout automotive industry practice leader. Vanlinthout’s experience includes 18 years at Ford Motor Company, where he served in a range of financial and strategy positions, including international markets group strategy manager, global profits and cash manager, global strategy manager and finance supervisor (product development, marketing and sales). Prior to Ford he was a senior management consultant at American International Group and a global business development manager at Société Générale de Surveillance.
“We are very excited have Frederic assume the leadership of our Automotive Practice,” Steven Tanzi, president of HPS, said. “Along with his automotive industry lead position, Frederic will continue to support his manufacturing client base. He is the ideal combination of an industry practitioner and advisor to be a highly effective hands-on client partner.”
With more than 20 years of experience in corporate finance, strategy and business development in the automotive, financial services and oil, gas and chemicals industries, Vanlinthout’s experience includes:
- Problem solving, issue resolution, process improvement and financial results
- Management of income statements, balance sheets, cash flows and control audits, as well as capital allocation, calls on capital, cumulative investment, funding needs, acquisitions, and divestitures
- Development of five-year plans, budgets, forecasts, and select portions of SEC filings (10-Q, 10-K)
- Business model innovation (including volume, margin and capital investment studies) and monetization solutions (pricing and product/service costing)
- Management of residual risk reserve balances and lifetime portfolio of residual losses
- Structural cost improvements through low-cost sourcing decisions
- Transition support to an enterprise resource planning (ERP) system environment
- Dashboard and scorecard creation and implementation of standard cost accounting tools
- Business development providing integrated sample handling and distribution solutions globally
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“This is a growing industry segment for HPS. The automotive industry is experiencing a rapid series of challenges including supply chain issues, the transition to electric vehicles and production challenges and needs to adapt and pivot. HPS is here to help,” Tanzi said. “With Frederic’s leadership we have the team in place to meet the challenges of the evolving automotive industry.”
