Modine has appointed Matt McBurney to the newly-created position of vice president, Strategic Planning and Business Development.
As vice president, McBurney will direct all aspects of Modine’s planning process; support the creation of business unit and company objectives, strategies and plans, coordinate data collection and analysis and lead key cross-enterprise initiatives.
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In addition, he will manage the business development process in support of Modine’s analysis of potential acquisitions.
McBurney joined Modine in 1992 as an application engineer in the Aftermarket Division. Following that, he held numerous leadership positions at the company in Engineering, Programme Management and Operations in Automotive and Building HVAC businesses, including vice president, Building HVAC.
Most recently, he led the Integration Management Office for the Luvata HTS acquisition.
“This is an exciting and important role for Modine as we look for new growth and investment opportunities,” said Modine president and CEO, Thomas Burke. “We work in a continually changing business environment with new technologies, changing customer demands, increased globalisation and an evolving role of governments.
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By GlobalData“Therefore, we need to explicitly manage strategy as a process in order to drive sustained, profitable growth leading to a fully diversified, industrial company.”
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