Enhanced Investments - Financial Portal

Cooper Standard Names Venkat Senior Vice President, Chief Information Technology Officer

Published: 2021-09-20 12:30:00 ET

NORTHVILLE, Mich., Sept. 20, 2021 /PRNewswire/ -- Cooper Standard (NYSE:CPS) today announced the appointment of Soma Venkat, Ph. D., to senior vice president and chief information technology officer, effective September 20, 2021. Based at the Company's world headquarters in Northville, Venkat is welcomed back to the Company as an executive officer and will also join Cooper Standard's Global Leadership Team. In his new role, Venkat will be responsible for leading Cooper Standard's information technology (IT) function.

"We are pleased to welcome Soma back to the Cooper Standard team," said Jeffrey Edwards, chairman and CEO, Cooper Standard. "His wealth of experience leading and executing IT strategies within manufacturing, automotive, media, publishing and technology will be an asset as we continue the digital transformation and execution of our Driving Value plan."

Most recently, Venkat served as chief information officer for IXS (Innovative Xcessories and Services), a provider of vehicle uplift services and coating solutions. In this role, Venkat was instrumental in turning around the IT team to successfully deliver multiple digitization, data and cyber-security initiatives enabling business resilience during the COVID pandemic. From 2016 to 2020, Venkat held roles of increasing responsibility at Cooper Standard, most recently as global vice president, IT.

Prior, he was the co-founder and chief operating officer at the technology startup, InfoShuk. Previously, Venkat held IT leadership roles of increasing responsibility at Meritor, Masco Corp. and ProQuest. He started his career as a senior consultant at Oracle Corp.

Venkat earned a Bachelor of Science degree in mathematics from the University of Madras in India and a Master of Applied Science degree in applied mathematics from The College of Engineering in Guindy, India. In addition, he holds a Master of Science degree in computational mathematics and a Ph.D. in computational mathematics from the University of Windsor in Canada. Venkat is a six sigma Black Belt and has also completed several executive certificates in management, program/strategic marketing and program/finance from the University of Chicago Booth School of Business.

About Cooper StandardCooper Standard, headquartered in Northville, Mich., with locations in 21 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and industrial markets. Cooper Standard's approximately 25,000 employees are at the heart of our success, continuously improving our business and surrounding communities. Learn more at www.cooperstandard.com or follow us on Twitter @CooperStandard.

CPS_G

Media ContactChris AndrewsCooper Standard (248) 596-6217candrews@cooperstandard.com

View original content:https://www.prnewswire.com/news-releases/cooper-standard-names-venkat-senior-vice-president-chief-information-technology-officer-301380375.html

SOURCE Cooper-Standard Holdings Inc.

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.