02.11.16
Applied Acoustics International (AAI), a Tier 1 supplier of noise, vibration, and harshness (NVH) solutions to the North American automotive industry, announced the appointment of Larry Hagood as chief executive officer. Hagood will lead efforts to establish a standalone business and position AAI for future growth. AAI is a portfolio company of Angeles Equity Partners, LLC, a private investment firm focused on value creation through operational transformation.
Prior to joining AAI, Hagood served as chief operating officer for Autoneum North America, a leading global producer of vehicle acoustic and thermal management systems. Hagood was responsible for leading the North American operations of Autoneum through the automotive downturn, and subsequently through a period of significant expansion. Previously, Hagood was VP Operations North America & Asia for Magna International, overseeing 2500 employees at seven plants with almost $1.5 billion in revenue. Hagood began his career at Johnson Controls.
“Larry is a very experienced automotive executive who brings the right skills and capabilities to position Applied Acoustics International to achieve its full potential,” says Timothy Meyer, co-founder and managing partner of Angeles Equity Partners.
“I am very excited to join the AAI team and collaborate with Angeles Equity Partners,” says Hagood. “The Chicago Heights business has a strong reputation as a trusted supplier to North American auto makers. I look forward to helping the company realize its potential by working with the talented and dedicated team at AAI to deliver exceptional value and support to our customers.”
Hagood earned a bachelor’s degree in business and operational management from Murray State University, and is a graduate of the Executive Program at Stanford University Graduate School of Business. He has extensive experience implementing Lean Manufacturing and Toyota Production System principles across global operations.
Prior to joining AAI, Hagood served as chief operating officer for Autoneum North America, a leading global producer of vehicle acoustic and thermal management systems. Hagood was responsible for leading the North American operations of Autoneum through the automotive downturn, and subsequently through a period of significant expansion. Previously, Hagood was VP Operations North America & Asia for Magna International, overseeing 2500 employees at seven plants with almost $1.5 billion in revenue. Hagood began his career at Johnson Controls.
“Larry is a very experienced automotive executive who brings the right skills and capabilities to position Applied Acoustics International to achieve its full potential,” says Timothy Meyer, co-founder and managing partner of Angeles Equity Partners.
“I am very excited to join the AAI team and collaborate with Angeles Equity Partners,” says Hagood. “The Chicago Heights business has a strong reputation as a trusted supplier to North American auto makers. I look forward to helping the company realize its potential by working with the talented and dedicated team at AAI to deliver exceptional value and support to our customers.”
Hagood earned a bachelor’s degree in business and operational management from Murray State University, and is a graduate of the Executive Program at Stanford University Graduate School of Business. He has extensive experience implementing Lean Manufacturing and Toyota Production System principles across global operations.