Key Leadership Appointments Announced For Combined ABC Technologies & TI Fluid Systems Group

Feb 19, 2025 | Press Release

  • Terry Campbell to become President & Chief Executive Officer and Alexander De Bock to become Chief Financial Officer of the combined group
  • TI Fluid Systems’ current President & Chief Executive Officer, Hans Dieltjens, to step down following completion of the acquisition
  • ABC Technologies’ acquisition of TI Fluid Systems remains on track to complete during the first half of the year

TORONTO, CANADA and AUBURN HILLS, MICHIGAN, USA (19 February 2025) – ABC Technologies (ABC) and TI Fluid Systems (TIFS) announce two key leadership appointments that will take effect following the completion of ABC’s acquisition of TIFS. Terry Campbell, currently President & Chief Executive Officer (CEO) of ABC Technologies (ABC), and Alexander De Bock, currently Chief Financial Officer (CFO) of TIFS, will be appointed President & CEO and CFO respectively of the combined group.

Terry Campbell became President & CEO of ABC in 2022, having previously held senior leadership roles at Johnson Controls, Magna International and The Woodbridge Group. With over thirty years’ experience in the global automotive sector, he brings a customer-centric approach and considerable expertise in operational excellence and product innovation.

Alexander De Bock was appointed CFO of TIFS in 2023, having spent over 15 years in the industry, including in finance leadership roles at WABCO and ZF Group. Since joining TIFS, Alexander has played an instrumental role in driving financial performance in a dynamic environment, enhancing capital allocation and improving shareholder returns.

Speaking about his appointment, Mr. Campbell said: “Leading the combined ABC and TIFS group as its CEO is a tremendous privilege. I am looking forward to working with Alexander and the global executive leadership team to build on TI Fluid Systems’ strengths and deliver the benefits of the combination. As a larger, diversified business with a broad range of products and an expanded geographic footprint, we will be extremely well positioned to navigate the transition to electrification, deliver value for customers and achieve sustainable growth.”

Following completion of the acquisition by ABC, Hans Dieltjens will step down from his current role as President & CEO and Director of TIFS. Mr Dieltjens was appointed President & CEO in 2021, following 25 years in leadership positions across the business. TIFS thanks him for his considerable contribution and strong leadership, which has paved the way for future success.

Hans Dieltjens said: “It has been an honor to have had the opportunity to lead TI Fluid Systems and I am incredibly proud of all that we have achieved. Our people are some of the most talented, passionate and forward-thinking in our industry. Together, we have positioned the TIFS group for a successful future and I am confident that the business will continue to thrive and grow together with ABC.”

The Board of TIFS announced the terms and conditions of a recommended all cash offer from ABC Technologies Acquisitions Limited (“Bidco”) of the entire issued, and to be issued, ordinary share capital of TI Fluid Systems (the “Acquisition”). It is intended that the Acquisition will be implemented by way of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006. The Acquisition was approved by TIFS shareholders on 5 February 2025 and is expected to complete in the first half of this year, following receipt of remaining regulatory and judicial clearances. TI Fluid Systems will give notice of the anticipated completion timetable by issuing an announcement through a Regulatory Information Service and by making such announcement available on TI Fluid Systems’ website at https://tifluidsystems.com/.

TIFS is a market-leading business, renowned for its exceptional people, innovative products and blue-chip customer base. The combination with ABC will bring together two strategically complementary businesses to create a larger, more diversified group, better positioned to navigate the transition to electrification and deliver sustainable, long-term growth.

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About ABC Technologies
ABC Technologies is a leading global manufacturer and supplier of custom, highly engineered, technical plastics, and light-weight innovations to the North American light vehicle industry. Serving more than 25 major original equipment manufacturer customers in 8 countries, the Company is strategically placed to offer vertically integrated product and process solutions through a skilled workforce of over 11,000 team members. ABC Technologies is majority owned by certain of the affiliated funds of Apollo Global Management, Inc. and its subsidiaries with funds managed by Oaktree Capital Management, L.P. owning a minority equity interest in ABC Technologies. Additional information about the Company can be found at www.abctechnologies.com

About TI Fluid Systems
TI Fluid Systems is a global innovator of thermal and fluid systems solutions for the full range of current and developing vehicle architectures. Serving all major automotive manufacturers, with more than 100 years of automotive supply experience; TI Fluid Systems operates across 26 countries with a commitment to improving efficiency, performance and sustainability worldwide.

 

Press Information

ABC Technologies
Thomas Hajkus
Thomas.Hajkus@abctech.com
Tel: + 1 248-648-0173

FGS Global (PR Adviser to ABC Technologies)
Rory King
ABCTech-UK@fgsglobal.com
Tel: + 44 (0) 20 7251 3801

TI Fluid Systems
Kellie McAvoy
Investor Relations
kmcavoy@tifs.com
Tel: + 44 7354 846374

Headland Consultancy (PR Advisor to TI Fluid Systems)
Matthew Denham / Chloe Francklin
Tel: + 44 7354 846374

Mike Fritts

Special Advisor to the CEO
Mike Fritts is a Special Advisor to the CEO of ABC Technologies. Mike has over 40 years of automotive experience and excellence in Operations, Program Management, Launch, Global Business Development, and Sales. He most recently served as the Chief Operating Officer (COO) at ABC Technologies before announcing his retirement (effective June 2024). He also spent time at Woodbridge Foam in numerous leadership roles at the President and VP levels. Prior to Woodbridge, he worked at Johnson Controls for 20 years.

Robert Kidd

Chief Information Officer
Robert Kidd is the Chief Information Officer (CIO) at ABC Technologies. In this role, Robert plays an integral part of ABC’s systems integration and optimization initiatives as the organization continues to acquire new companies and expand its global presence. Robert joins ABC from Siemens where he spent over 20 years in senior level IT Management, including serving as CIO for Siemens Canada. He has held leadership roles IT Architecture, Project Management, Process & Cost Optimization and Strategy roles within Germany, Canada, and the USA. He is based at the ABC Toronto Office. Robert holds a Bachelor of Arts degree in Business Information Technology from Baden-Württemberg Cooperative State University in Mannheim, Germany.

Rima Shouli

Chief Legal Officer & Secretary

Rima Shouli is the Chief Legal Officer and Secretary at ABC Technologies. Rima brings to ABC over 25 years of senior corporate counsel experience within the automotive industry, most recently serving as General Counsel & Corporate Secretary at VinFast. Prior to that role, Rima served six years working as General Counsel at Hino Motors Canada Ltd and was a National Managing Partner at Deloitte. She began her automotive career at Magna International serving in progressive corporate counsel roles for over twelve years. She is based at the ABC Technologies home office in Toronto, Ontario, Canada. Rima holds a Bachelor of Laws degree from the University of Windsor, has passed the Bar Admission at the Law Society of Upper Canada, and has a diploma of International Mergers and Acquisitions, International Lew and Legal Studies from the College of Law of England and Wales.

Mark Decker

Chief Human Resources Officer
Mark Decker is the Chief Human Resources Officer at ABC Technologies. Mark brings over 30 years of global automotive HR experience to ABC Technologies, most recently serving as Chief Human Resources Officer (CHRO) at Joyson Safety Systems. Prior to Joyson, Mark also served in the capacity of CHRO for several global automotive suppliers and OEMs, including Key Safety Systems, Nexteer Automotive, Fisker Automotive, and Meridian Automotive. He spent the first 15 years of his career with Ford Motor Company and Visteon Corporation serving in multiple operational and corporate HR assignments throughout the United States and three years in Yokohama, Japan. Mark holds a B.S. in Business Administration from Central Michigan University and a Master of Arts in Industrial Relations from Wayne State University.

Dr. John Loehr

Chief Transformation Officer
Dr. John Loehr is the Chief Transformation Officer at ABC Technologies. John has more than 30 years of experience working with automotive, industrial, and technology companies on strategy, operations, M&A, and transformation. For the next 20+ years, prior to joining ABC Technologies, John consulted extensively to automotive suppliers and OEMs, holding the position of Partner at Booz & Company, McKinsey & Company, and AlixPartners. He has led supplier performance transformation programs in interiors, HVAC, seating, electronics, steering, suspension, braking, and powertrain. John has worked across the entire value chain, driving improvements in pricing, purchasing, program management, manufacturing, and SG&A. He has also worked extensively in electric vehicles over the past 10+ years, developing market and technology strategies for OEMs and suppliers in batteries, motors, inverters, and controls. After graduate school, John worked as a research scientist in semiconductors for nine years. He led programs in semiconductor laser technology, helping to develop the materials and devices upon which today’s automotive LIDAR systems are based. John holds Master of Science degrees in both Electrical Engineering and Physics, and a Ph.D. in Electrical Engineering from the University of Michigan.

Omar Montasir

Chief Commercial Officer
Omar Montasir is the Chief Commercial Officer at ABC Technologies. He joined ABC from the Robert Bosch company where he most recently served as Vice President, Sales, and Project Management. Omar began his career with Bosch in 2005 performing in several progressive commercial leadership and program management roles. Omar holds a B.S. in Mechanical Engineering from the University of Michigan.

Mike Bisson

Chief Operating Officer
Michael (Mike) Bisson is the Chief Operating Officer (COO) at ABC Technologies. In this role, Mike drives operational excellence, continuous improvement and plant profitability at ABC Technologies. Mike is a highly respected and accomplished global industry executive who most recently served as Global President of Magna International Seating. Over a 35-year span in automotive, Mr. Bisson held many progressive positions at Magna including Executive Vice President and General Manager. He also gained extensive experience in various roles throughout his career at Rockwell International and General Motors of Canada. Mike holds an Associate’s degree in Manufacturing Engineering from St. Clair College and a Business Degree from the Detroit College of Business.

Scott Roggenbaeur

Chief Financial Officer
Scott Roggenbauer is the Chief Financial Officer at ABC Technologies. With over 25 years of financial and accounting experience, Scott oversees all financial operations and helps to ensure launch excellence throughout the organization. Most recently, he was the CFO at Amesbury Truth and prior to that was the CFO at the Haas F1 Team, both based in North Carolina. For eight years, Scott spent time at Johnson Control in Vice President leadership roles, serving as VP Finance and Controller, VP of Finance – Complete Seat Group and VP of Finance – Interiors Product Group. Earlier in his career, he worked at ZF Group, Harley Davidson and Delphi Automotive. Scott holds a B.S. in Accounting from the University of Wisconsin-Milwaukee and a Master of Business Administration from Wayne State University.

Terry Campbell

President & Chief Executive Officer

Terry Campbell is the President and Chief Executive Officer at ABC Technologies Inc. and serves on the Board of Directors.

Terry has over 25 years of global automotive experience, much of that served in progressively senior leadership roles. He is a champion of operational excellence, innovation, and customer focus and is leading ABC Technologies’ mission to become the molding technology partner of choice for leading global automotive manufacturers.

Terry assumed the CEO role in 2022 following a period as ABC Technologies’ Chief Operations Officer. Prior to joining ABC, Terry served as Chief Operating Officer of The Woodbridge Group, a leading global foam supplier to the automotive industry. Before that, Terry served as Vice President and General Manager for the Johnson Controls Automotive Experience Group, overseeing their Americas & Asia Pacific Interiors Business Unit. Before Johnson Controls, Terry held various senior leadership positions within Magna International, including Director and General Manager responsibilities within the Closures Group and as Vice President of Die Casting Operations for the Powertrain Group.

Terry has previously held several international board appointments and is currently a Director with the Canadian Automotive Parts Manufacturing Association.