International Consular Gala: Chamber honors CEOs of BorgWarner and Acro Service Corp. at black-tie event.Business leaders Tim Manganello and Ravinder (Ron) Shahani were honored at the Detroit Regional Chamber's International Consular Gala in March at The Townsend Hotel in Birmingham. [ILLUSTRATION OMITTED] Manganello, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BorgWarner Inc. in Auburn Hills, received the World Trader of the Year award, which recognizes a businessperson who has made significant contributions to the promotion of international trade in the region and has demonstrated exceptional involvement in positioning Southeast Michigan Southeast Michigan, also called Southeastern Michigan, is a region in the Lower Peninsula of the U.S. state of Michigan that is home to a majority of the state's businesses and industries, and is home to slightly over half the state's population. as a good business location. Shahani, founder, president and CEO of Acro Service Corp. in Livonia, received the Emerging Global Leader Award, which recognizes a small to mid-sized non-automotive company on the fast track to becoming an international leader and its contributions to our region's global economy. "BorgWarner is truly a global company in every sense of the word, and the fact that it moved its world headquarters from Chicago to Auburn Hills demonstrates its commitment to our region under Tim Manganello's leadership," said John W. Carroll Jr., senior vice president of business development and executive director of the Detroit Regional Economic Partnership. "We are also pleased to honor Ron Shahani, who has been very supportive of the Chamber over the years and has been particularly helpful to us in our efforts to open the Indian market." [ILLUSTRATION OMITTED] The annual black-tie event also pays tribute to the consular corps Consular corps (from French: Corps consulaire and commonly abbreviated CC) is a concept analogue to diplomatic corps, but concerning the staff, estates and work of a consulate. serving the Detroit Region. Proceeds from this year's event will directly support the Detroit Regional Economic Partnership. Over the past six years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time Partnership has helped 310 companies either locate or expand in the Detroit Region, creating nearly 8,000 new jobs with a total investment of $1.4 billion. Timothy M. Manganello--World Trader of the Year Timothy M. Manganello, a 34-year veteran of the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. , has been chairman and CEO of BorgWarner Inc. since June 2003. He was previously the company's president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . [ILLUSTRATION OMITTED] BorgWarner Inc. produces highly engineered components and systems for vehicle powertrain applications worldwide at manufacturing and technical facilities in 63 locations in 18 countries. Customers include Ford, VW/Audi, DaimlerChrysler, General Motors, Toyota, Renault/Nissan, Hyundai/Kia, Honda, BMW BMW in full Bayerische Motoren Werke AG German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s. , Caterpillar, Navistar International and Peugeot. Manganello joined the company in 1989 as vice president of marketing and sales for BorgWarner Morse TEC. In 1994, he became vice president business development for BorgWarner TorgTransfer Systems, then vice president of operations in 1995 and president and general manager in 1999. He was named BorgWarner's chief operating officer in 2002. Before joining BorgWarner, he held product engineering management positions at Chrysler Corp. from 1973 to 1981 and sales management positions at PT Components-LinkBelt from 1981 to 1988. "I am honored to accept the Detroit Regional Chamber's World Trader of the Year award on behalf of the over 17,000 employees of BorgWarner worldwide," Manganello said. "In 2007, we estimate that over 60 percent of our business will occur outside the U.S. This has allowed our ability to serve our customers on a global basis while bringing international commerce to southeastern Michigan to be one of our key differentiators. Recognition of this distinction is truly gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. ." Manganello is chairman of the Federal Reserve The Chairman of the Board of Governors of the Federal Reserve System is the head of the central banking system of the United States and one of the most important decision-makers in American economic policies. Bank of Chicago, Detroit Branch and a member of the University of Michigan (body, education) University of Michigan - A large cosmopolitan university in the Midwest USA. Over 50000 students are enrolled at the University of Michigan's three campuses. The students come from 50 states and over 100 foreign countries. College of Engineering's National Advisory Committee, Executive Committee of the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. for the Manufacturer's Alliance/MAPI, the Society of Automotive Engineers SAE International (SAE) is a professional organization for mobility engineering professionals in aerospace, automotive and the commercial vehicle industries. The Society is a standards development organization for the engineering of powered vehicles of all kinds, including (SAE) and the Governor's Board of the World Economic Forum. He holds bachelor's and master's degrees in mechanical engineering from the University of Michigan. He also completed the Advanced Management Program at Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. and is a graduate of the Chrysler Institute program. Ron Shahani--Emerging Global Leader As a young undergraduate student living in India, Ron Shahani made a life-changing decision to leave family and friends behind and complete his education in the United States Education in the United States is provided mainly by government, with control and funding coming from three levels: federal, state, and local. School attendance is mandatory and nearly universal at the elementary and high school levels (often known outside the United States as the . After receiving his MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the University of Detroit in 1977, Shahani began his career as a financial analyst for Ford Motor Co. [ILLUSTRATION OMITTED] Shahani founded Acro Service Corp. in 1982 as a privately held staffing firm servicing clients in the Detroit area. Over the last decade, sustained growth has fueled Acro's expansion into global markets and allowed a natural transition into the IT and engineering services business. Today the Livonia-based company has more than 20 offices in the United States and additional offices in England and India. "It is truly an honor to have been named Emerging Global Leader by the Chamber," said Shahani. "I am a firm believer in developing partnerships and alliances all over the world, which has become essential for today's businesses to succeed. Acro's philosophy includes promoting a global economy that supports business development and growth around the world." Acro's client base includes Fortune 500 companies like General Motors Corp., Ford Motor Co., DaimlerChrysler, CMS Energy, Delphi Automotive, Visteon Corp., Denso International, Lason Inc., Northrop Grumman, Lockheed Martin, ExxonMobil and Merck and government agencies like NASA NASA: see National Aeronautics and Space Administration. NASA in full National Aeronautics and Space Administration Independent U.S. and the states of Michigan, Tennessee, Florida and New Mexico. In 2003, Shahani received both the 100 Emerging Business Leaders awards from the Detroit Regional Chamber and Ernst & Young's Entrepreneur of the Year award in the Staffing and Consulting category. In 2005, Crain's Detroit Business recognized Shahani as one of the business leaders who are at the top of their industry and Asian Business News ranked Shahani and Acro No. 6 in among the Top 25 Asian-owned U.S. Businesses. In 2006, Acro was among the Future 50 of Greater Detroit companies. Shahani is a member of the board of directors of the Detroit Regional Chamber, Michigan Chamber of Commerce and Asian Pacific American Chamber of Commerce. He is involved in fundraising activities for Henry Ford Health System's Multicultural Dermatology Center as well as other civic and charitable organizations, such as the Covenant House of Michigan, Zoe Foundation and The Lingap Children's Foundation. |
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