Martin Stuettem has been appointed Chief Operating Officer for the European region by International Automotive Components Group (IAC Group), a prominent worldwide provider of automotive systems and components. This calculated action demonstrates IAC’s dedication to improving performance and stimulating growth in one of the most dynamic automobile industries on the planet.
Mr. Stuettem brings a lot of experience and knowledge to his new position from his more than thirty years of seasoned experience in the automotive supply sector. In addition to functional roles in Manufacturing, Quality, Program Management, and Research and Development, his expertise includes leadership positions in business units. Martin oversaw a broad network of more than 70 locations with €7 billion in revenue while serving as Vice President of Global Operations, Seating, at FORVIA before joining IAC Group. Throughout his career, he has held prestigious leadership positions at LEONI AG, Faurecia Emissions Control Technologies, and EMCON Technologies in both Europe and the world. Martin’s location in Germany will bolster IAC Group’s standing in the area.
Martin’s appointment to the IAC Executive Leadership Team pleased him. Kevin Baird, CEO of IAC Group, said, His extensive experience and demonstrated track record of business leadership and operational excellence make him a valuable addition to our organization.
Tier-one automotive suppliers face unique possibilities and problems in the European market, according to Stuettem. He was excited to work with the skilled group at IAC to take advantage of new prospects and promote regional growth.
International Automotive Components (IAC) Group, with its headquarters located in Luxembourg, is a major global supplier of automotive systems and components to manufacturers all over the world. These systems and components include overhead systems, headliners, instrument panels, console systems, door panels, and door panels. IAC Group is a multi-billion dollar worldwide manufacturing corporation with around 18,000 workers that operates in 55 sites, including over 40 production facilities in 17 countries.