Cloyes Gear & Products Hires Troy Angst As CFO

Cloyes Gear & Products Hires Troy Angst As CFO

Angst brings 30 years of experience to Cloyes, joining the company from Sharp Tooling Solutions in Romeo, Michigan.

Cloyes Gear & Products has hired Troy Angst as chief financial officer, effective immediately.

Founded in 1921, Cloyes is a global leader in the design, development, manufacturing and distribution of timing drive systems and components for replacement applications in the automotive aftermarket and high-performance racing segment. Fort Smith, Arkansas-based Cloyes is backed by Hidden Harbor Capital Partners.

Angst brings 30 years of experience to Cloyes, joining the company most recently from Sharp Tooling Solutions in Romeo, Michigan, where he served as chief financial officer. In that role, he was a key member of the executive team responsible for strategic planning and operational decisions for the company as well as overseeing all finance functions.  

Prior to Sharp Tooling Solutions, Angst served as chief financial officer for Tritec Performance Solutions in Fenton, Michigan, where he was a key member of the executive team that acquired and integrated three privately held businesses and successfully sold Tritec Performance Solutions to a large strategic buyer. Angst has extensive experience with private-equity-backed companies, the execution and integration of mergers/acquisitions, operational finance, financial analyses, system know-how and manufacturing/quality operations.  

“We are very excited to have Troy join the team at Cloyes. He is a proven leader and successful CFO with a great track record of success in maximizing operational efficiency and leading both organic and inorganic sales growth,” said John Hanighen, CEO of Cloyes. “Furthermore, the addition of Troy bolsters the organization’s internal finance and analytics capabilities as we continue to execute against our growth strategy and aggressively capitalize on Cloyes’ premium leadership position within the automotive aftermarket.”  

Angst holds a bachelor’s degree in accounting from Western Michigan University.

You May Also Like

Spectra Premium Promotes Josh Gordon To CEO

Previously, Gordon was president and COO of Spectra.

Spectra Premium Mobility Solutions has appointed Josh Gordon as president and CEO, effective immediately, the company announced.

Previously, Gordon was president and COO of Spectra.

Gordon joined Spectra in November 2021 and brings a wealth of experience in the automotive industry, with previous leadership roles at Fram Group and Old World Industries, as well as a rich commercial background in consumer products.

Meet Amanda Balk, 2022 Counter Professional Of The Year

Balk didn’t need to travel far to find a home in the aftermarket.

Ted Hughes Named AWDA Executive Director

Hughes brings more than 20 years of aftermarket experience to the association.

Meet The ‘Guess The Car’ Champ: Don Maloney

The correct answer for the August/September contest is the Honda Clarity.

Tendeco Hires Scott Howat As National Sales Manager

Howat will be responsible for aftermarket sales in North America for Litens Aftermarket.

Other Posts

MEMA Mourns Passing Of Aftermarket Veteran Steve Handschuh

The former MEMA president and CEO began his career as an outside salesman for Mighty Auto Parts.

Meet The ‘Guess The Car’ Champ: Travis Cashman

The correct answer is the Ford Escape.

NGK Spark Plugs Announces Leadership Promotions

Franchelle Thomas and Paul Abbott have been promoted director positions at NGK Spark Plugs USA Inc.

Meet The ‘Guess The Car’ Champ: Dana Woollen

The correct answer for the April/May contest is the Corvette Stingray.