DIVISION PRESIDENT,

GLOBAL BELTS

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23-A032276
 POSITION DESCRIPTION

CLIENT: Dayco
ROLE: Division President (Managing Director)
BUSINESS UNIT: Global Belts
LOCATION: Detroit, MI / Germany / Italy
REPORTS TO: CEO
WEBSITE: www.dayco.com

SITUATION OVERVIEW:
ZRG has been engaged to recruit a President (MD) of Global Belts for Dayco, a global leader in
the research, design, manufacture and distribution of essential engine drive systems and
aftermarket services for automotive, truck, construction, agriculture, and industrial applications.

ABOUT DAYCO:
Through their expertise in transferring power
quietly and efficiently, Dayco has emerged as
the leading global system solutions provider
for hybrid electric vehicles. Dayco’s 100+ years
of experience in drive systems allows them to
equip all customer applications around the
world with the most effective drive systems to
meet customer specific performance
requirements. Dayco’s world class global
distribution network services the aftermarket
industry with a full offering of kits and products
to meet each local market’s need.
They accomplish this with a dedicated global
team that respects one another, shows humility
through continuous learning and acts like
owners in everything they do.
MORE THAN 110 YEARS OF EXPERIENCE
Nothing is more critical to human progress than
movement. Today, they’re all part of a global
moving economy — a dynamic flow of people,
products, systems and relationships.
Through the seeming chaos of economic
disruption and change, there are certain
constants, such as; the value of keeping
promises, the ability to deliver on time – every
time, and the commitment to service – no
matter the obstacles. These are the basis for
building personal and professional
relationships that last — partnerships that
endure.
No company understands the power of
endurance better than Dayco. Dayco has
endured, despite tough odds, always coming
out stronger and more resilient. On the
strength of more than 110 years of experience,
Dayco has continuously improved how the
world moves by creating products, systems
and relationships that endure.

With ever-greater power, this movement

economy rushes along with unstoppable force.
It is driven by technology, consumer needs and
government rules. It shapes and re-shapes the
strategies of manufacturers, distributors, and
retailers worldwide.

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SUSTAINABILITY AT DAYCO The climate crisis is directly linked to the

Sustainability is a cornerstone of Dayco’s
operations. They are committed to building and
maintaining a sustainable company by
safeguarding natural resources, fostering a
culture of growth, safety and belonging with
their employees, and creating efficient,
innovative, and safe products. Dayco promotes
sustainability by going above and beyond to
deliver on initiatives that have positive
environmental and societal impacts. They are
pleased to once again be partnered with
EcoVadis in 2022 and to have earned their
silver status award. They look forward to
continuing their partnership in 2023 and
beyond.
humanitarian crisis causing the most
vulnerable communities to feel the effects of
instability, hunger, violence, and displacement.
They all share responsibility in addressing
these global threats by committing to reducing
greenhouse gas emissions, by addressing
social impacts as they arise and by ensuring
adequate management controls are in place as
a means of good governance.

In 2021, the Company enlisted the support of

sustainability consultants to guide them in
developing a robust sustainability framework.
This work encompassed an internal audit and a
peer benchmarking exercise as well as an
illuminating materiality assessment with their
executive team. They identified 14 priority
Environmental, Social & Governance (ESG)
topics material to Dayco, their mission and their
stakeholders.

Currently, Dayco is focusing on 6 of the 14 high

priority topics identified in the materiality
exercise. These 6 priority topics were
aggregated into three pillars that drive their
sustainability initiatives: Performance, People
and Planet.

The world is going through a climate and

humanitarian crisis with significant global
implications. The climate change crisis is
causing unpredictable and more frequent
extreme weather events – rising sea levels,
severe droughts, increasingly frequent forest
fires, amongst others.

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POSITION:
As a member of the Executive Leadership Team (ELT), the President (MD) of Global Belts is
accountable for the overall profit and loss (full P&L) management of the business unit, as well as
driving global business development. This includes establishing both short-term and long-term
objectives, overseeing personnel, managing budgets, ensuring efficient resource allocation, and
ensuring all departments/functions achieve their respective goals.

POSITION DESCRIPTION:
▪ Meeting with board members and other executives to assess the direction of the company,
develop short and long-term goals, plans, and strategies, and ensure the company's
compliance with the stated mission;
▪ Developing and tracking key performance indicators (KPIs) and goals/objectives (G/Os) for
teams;
▪ Listening to the viewpoints and reports of the direct reports and making the right decisions;
▪ Maintaining awareness and knowledge of the company's daily finances. Analyzing financial
reports;
▪ Updating and revising plans to increase the company's profitability and progress;
▪ Participating in business development initiatives such as investments, mergers and acquisitions
etc.;
▪ Building a strong senior leadership team (SLT) and encouraging them to develop potential
future leaders for the company.

QUALIFICATIONS:
▪ Bachelor’s in business, economics, finance, accounting, marketing, entrepreneurship, or a similar
major is required. Master of Business Administration is strongly preferred;
▪ Prior executive-level experience with proven track record of success, and at least 10 years of
experience in P&L leadership roles are required;
▪ Automotive OEM experience;
▪ Global, Matrix organization structure experience;
▪ Experience applying world classes processes in a small, agile environment;
▪ Excellent leadership, interpersonal, and communication skills;
▪ Strong finance acumen, as well as strong analytical, decision-making, and problem-solving
skills;
▪ Innovative and entrepreneurial mindset, motivational abilities, and the ability to find and retain
talented employees;
▪ Ability to see trends, adapt and remain competitive in changing economic climates, adapt and
grow in new markets;
▪ Balance of both sales and marketing, and manufacturing operations functional experience;
▪ Ambitious for future development.

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SENIOR MANAGEMENT:
CRAIG FROHOCK
Chief Executive Officer

Craig Frohock joined Dayco in January of 2023 and serves as Chief Executive Officer.

Craig brings with him over 25 years experience, most recently as Group Vice President and
General Manager of Tenneco’s OE Ride Control business. Prior to that he served as the Group Vice
President and General Manager of Integrated Supply Chain operations within the global
aftermarket business. He also served as Group Vice President and General Manager of the
company’s aftermarket Chassis business and the aftermarket Sealing, Engine and Under hood
services business.

Prior to Tenneco, his career included 19 years of working for Meritor, Inc. where he held positions
of increasing responsibilities, including leading Meritor’s aftermarket business.

Craig earned a Bachelor of Science degree in Mechanical Engineering and a Master of Business
Administration degree from Oakland University.

DAYCO IN THE NEWS:

July 18, 2023
DAYCO AND PHYSIS STRENGTHEN THEIR PARTNERSHIP TO DELIVER WORLD-CLASS HYBRID
ELECTRIC VEHICLE MODULES

June 27, 2023

DAYCO PARTNERS WITH EUROPE’S LEADING E-BIKE DRIVE MANUFACTURER TO TRANSFORM
DRIVE TECHNOLOGY

June 22, 2023

DAYCO RECEIVES GREAT WALL MOTOR AND HYCET’S “BEST R&D AWARD”

June 7, 2023
DAYCO TO PARTNER WITH TECNO SYSTEM AND MONET, CREATING AN ELECTRONICS
COMPETENCE CENTER, BOLSTERING ITS ELECTRIFIED PROPULSION SOLUTIONS PORTFOLIO

INTERVIEW PROCESS
ZRG provides their client companies with best-in-class hiring process grounded in fact-based
measurements and information. They believe finding the best people for a role involves closely
matching exact skills and attributes of candidates to the highly specific needs of their clients. Their
entire process is built around providing a superior level of quality candidates to their clients who fit
the specifications clearly. To accomplish this, they utilize their patented Z Score hiring process,
which provides for improved hiring results and better fits for candidates and employers. To this
end, their interview process with their client has been carefully discussed and will include:

1. Initial Interviews with ZRG

2. Presentation of Long list of candidates to Client for approval

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 POSITION DESCRIPTION

3. Green light from Client to proceed to Round 2 for selected candidate(s)

4. Face-to-Face Interview with key members of the management team to confirm match and
culture fit
5. Finalists will then complete ZRG’s On-line assessment process to compare individual
behavioral and intellectual traits to their hiring database for similar positions they have filled. At
this stage, it will take a candidate about 60 minutes to complete an on-line assessment
process to help everyone ensure this is the right role and fit (skills, management style, and
culture)
6. Offer Presentation with ZRG
7. Start with Client

ABOUT ZRG PARTNERS

ZRG is a global talent advisory firm that is changing the way companies hire and manage talent.
ZRG’s data-driven approach to executive and professional search has been changing the way
clients think about how to find top talent. The company’s digital Zi platform combines talent
intelligence, candidate insights, and process improvement to dramatically deliver executive
searches quicker and with proven better results.

GIOVANNI LAMARCA
Managing Director
glamarca@zrgpartners.com
+1.201.478.8702

Giovanni is a Managing Director with the firm in the Consumer Goods and Services Practice. He
brings over 25 years of global management experience in the consumer sector, where he has
led cross-cultural teams, built brands and businesses, led innovation globally, and developed
winning organizational strategies and structures in three industries and multiple continents. He
couples this corporate experience with several years of executive search in Europe and the
U.S. in leadership positions for other top search firms. In this capacity, Giovanni has partnered
globally with some of the world’s best-known companies to unveil impactful solutions to their
human capital and organizational needs across multiple functions and geographies. He is a
passionate advocate and has authored papers on building a culturally diverse organization. He
believes that people are the most important asset a company has to sustain performance and
that building a thinking & culturally diverse environment, that embraces change, is key for an
organization to unleash innovation and gain a competitive edge in the hyperconnected,
volatile, uncertain, complex, and ambiguous global landscape.

Link to complete bio for Giovanni Lamarca.

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