Cooper Standard Names Venkat Senior Vice President, Chief Information Technology Officer

Rhea-AI Summary

Cooper Standard (NYSE:CPS) has appointed Soma Venkat as senior vice president and chief information technology officer, effective September 20, 2021. Venkat returns to the company with extensive experience in IT strategy within various sectors, including manufacturing and automotive. He will play a key role in advancing the company’s digital transformation and Driving Value plan. Previously, he served as CIO for IXS and held roles at Cooper Standard from 2016 to 2020. Venkat holds multiple degrees in mathematics and has significant leadership experience in IT.

Positive

• Appointment of Soma Venkat as senior vice president and chief information technology officer to enhance IT strategies.
• Venkat's extensive experience in IT within critical industries supports Cooper Standard's digital transformation goals.

Negative

• None.

NORTHVILLE, Mich., Sept. 20, 2021 /PRNewswire/ -- Cooper Standard (NYSE:CPS) today announced the appointment of Soma Venkat, Ph. D., to senior vice president and chief information technology officer, effective September 20, 2021. Based at the Company's world headquarters in Northville, Venkat is welcomed back to the Company as an executive officer and will also join Cooper Standard's Global Leadership Team. In his new role, Venkat will be responsible for leading Cooper Standard's information technology (IT) function.

"We are pleased to welcome Soma back to the Cooper Standard team," said Jeffrey Edwards, chairman and CEO, Cooper Standard. "His wealth of experience leading and executing IT strategies within manufacturing, automotive, media, publishing and technology will be an asset as we continue the digital transformation and execution of our Driving Value plan."

Most recently, Venkat served as chief information officer for IXS (Innovative Xcessories and Services), a provider of vehicle uplift services and coating solutions. In this role, Venkat was instrumental in turning around the IT team to successfully deliver multiple digitization, data and cyber-security initiatives enabling business resilience during the COVID pandemic. From 2016 to 2020, Venkat held roles of increasing responsibility at Cooper Standard, most recently as global vice president, IT.

Prior, he was the co-founder and chief operating officer at the technology startup, InfoShuk. Previously, Venkat held IT leadership roles of increasing responsibility at Meritor, Masco Corp. and ProQuest. He started his career as a senior consultant at Oracle Corp.

Venkat earned a Bachelor of Science degree in mathematics from the University of Madras in India and a Master of Applied Science degree in applied mathematics from The College of Engineering in Guindy, India. In addition, he holds a Master of Science degree in computational mathematics and a Ph.D. in computational mathematics from the University of Windsor in Canada. Venkat is a six sigma Black Belt and has also completed several executive certificates in management, program/strategic marketing and program/finance from the University of Chicago Booth School of Business.

About Cooper Standard
Cooper Standard, headquartered in Northville, Mich., with locations in 21 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and industrial markets. Cooper Standard's approximately 25,000 employees are at the heart of our success, continuously improving our business and surrounding communities. Learn more at www.cooperstandard.com or follow us on Twitter @CooperStandard.

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Media Contact
Chris Andrews
Cooper Standard
(248) 596-6217
candrews@cooperstandard.com 

 

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SOURCE Cooper-Standard Holdings Inc.

FAQ

Who is the new chief information technology officer at Cooper Standard?

Soma Venkat has been appointed as the new chief information technology officer at Cooper Standard.

What is the effective date of Soma Venkat's appointment at Cooper Standard?

Soma Venkat's appointment is effective September 20, 2021.

What experience does Soma Venkat bring to Cooper Standard?

Soma Venkat brings extensive IT leadership experience from various sectors, including manufacturing and automotive.

What is Cooper Standard's stock symbol?

Cooper Standard's stock symbol is CPS.