SHARAD SHEKHAR

SHARAD SHEKHAR'S BIO

Experienced Chief Executive Officer with a demonstrated history of leading global businesses in the Technology, Automotive, Manufacturing and Security industries. Skilled in leading organizations through major transformation involving strategic repositioning, new product development, operational excellence, and aggressive Sales and earnings growth in competitive environments.

¬Successfully turned around Pelco, a $250M business from years to decline/losses to profitability and growth.

¬Leadership role in turnaround strategy for $700M Heavy Duty Engine business, reversing loss to 15% profit.

¬P&L Responsibility for $600M Light Duty Engine business and $1.7B Exhaust Aftertreatment Business.

¬Led Establishment of $350M joint venture (JV) with Chinese OEM, with capacity of 400,000 engines annually.

 ¬Vital in determining five-year business direction for $14B Automotive Business, formulating compensation model adopted worldwide based on Return on Average Net Assets (ROANA); devised policies and implementation plans by region and regulations.  

Led market entry and competitive positioning on a global level. Strengths in negotiations to capitalizing on emerging and mature market opportunities. Expertise in global business development and startup situations.

¬Revamped product line and business strategy for Pelco, building global partnership based company.

¬Led Cummins division startup to transition into new segment, building $650M in sales with $1B in forecasted sales by heading negotiations with major OEMs such as Volkswagen, Daimler, Daewoo Commercial Vehicles, and Tata.

¬Executed over $150M in technology/product development to address markets in Asia, Europe and North America.

 ¬Achieved up to 5%-15% gross profit improvement in every assignment by overhauling product lines, pricing, channel and operations globally – Asia, Europe, Americas, Middle East etc.