Headlines (News Releases)
Auto-parts CEO named Laurier Outstanding Business Leader of the Year
Communications, Public Affairs & Marketing
Nov 20/07| For Immediate Release
Angela Forster, Director
WATERLOO — Linda Hasenfratz, chief executive officer of Guelph-based Linamar Corporation, received Laurier’s 20th Outstanding Business Leader of the Year Award today at a luncheon held in her honour.
Hasenfratz was selected for this prestigious award because of her demonstrated leadership in an entrepreneurial organization, global experience, and high level of community involvement. Since she assumed corporate-level responsibilities in 1999, Linamar sales have grown from $800 million to more than $2.2 billion. The corporation has also undergone significant change in terms of formalization, development, communication and execution of a vision and strategy for future growth, as well as development of communication, performance management and operating systems utilized throughout the company.
“We were very impressed by her overwhelming success in what has traditionally been a very difficult industry to master, and by her significant support of the local community,” said Ginny Dybenko, Laurier’s dean of business and economics.
Linamar designs, develops and manufactures precision machined components, modules and systems for engine, transmission and chassis systems primarily for the North American and European automotive marketplace. The company’s industrial division is a world leader in aerial lift platform products. The company has over 11,000 employees in 36 manufacturing locations, five research and development centres and nine sales offices in Canada, United States, Mexico, Germany, Hungary, China, Korea and Japan.
The Laurier Outstanding Business Leader Award has been presented annually since 1987 by the School of Business & Economics. Recipients are chosen for their outstanding leadership and management qualities by a selection committee made up of industry, academia and community leaders. Award winners are business leaders who exemplify the qualities and characteristics of leadership and management excellence that the Laurier School of Business & Economics seeks to develop in its students.