Linda Hasenfratz

From Wikipedia the free encyclopedia

Linda Hasenfratz
BornJune 1966 (age 58)
NationalityCanadian
EducationUniversity of Western Ontario
OccupationBusinesswoman
TitleChairman and CEO, Linamar
Term2002-
PredecessorFrank Hasenfratz
SpouseEd Newton
Children4
ParentFrank Hasenfratz

Linda Hasenfratz CM (born June 1966) is a Canadian businesswoman, the president, chairman, and CEO of Linamar since 2002, when she succeeded her father Frank Hasenfratz.[1][2]

Early life

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Linda Hasenfratz is the daughter of Frank Hasenfratz,[3] the founder of Linamar.

She has a bachelor's degree and an MBA, both from the University of Western Ontario.[4]

Career

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In 1990, she started her career as a machine operator at her father's car parts factory.[5]

She has been CEO of Linamar since 2002, when she succeeded her father Frank Hasenfratz.[1] Initially, the company faced a few rough years after Hasenfratz took over, but since then, double-digit growth has increased revenue to $6 billion, and $522 million in profit.[6] Additionally, under Hasenfratz's leadership, there are now a total of 70 Linamar plants in 13 countries across Asia, North America and Europe. In May 2017, Hasenfratz spoke of Linamar's 23rd consecutive quarter of double-digit operating earnings growth.[7]

Hasenfratz is a member of the Canadian Business Hall of Fame.[8] In 2014, she was the first woman to be named Canada's EY Entrepreneur of the Year.[1][9] She has been chair of the Business Council of Canada.[10] In 2018 she was named Canada's Outstanding CEO of the year.[11] Also in 2018, Hasenfratz was named to the Order of Canada.[12] In May 2019, she was named the University of Western Ontario's 23rd Chancellor.[13]

In December 2020, Hasenfratz joined the COVID-19 vaccine task-force for Ontario during the COVID-19 pandemic in Ontario. Following revelations she travelled outside of the country despite travel warnings, Hasenfratz resigned from the task-force on January 19, 2021.[14]

Personal life

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She is married to Ed Newton, a general contractor;[15] they have four children.

References

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  1. ^ a b c Bitti, Mary Teresa (15 December 2014). "Linamar chief Linda Hasenfratz continues to prove she belongs at the top | Financial Post". Financial Post. Business.financialpost.com. Retrieved 5 May 2017.
  2. ^ "Linamar chief Linda Hasenfratz hopes 'calmer heads rule' on free trade after U.S. election - Article - BNN". Bnn.ca. 3 November 2016. Retrieved 5 May 2017.
  3. ^ Susan Smith (1 August 2015). "Linda's Linamar". www.cpacanada.ca. Chartered Professional Accountants Canada. Retrieved 6 May 2017.
  4. ^ "BIOGRAPHY, LINDA HASENFRATZ, Chief Executive Officer" (PDF). ivey.uwo.ca. November 2013. Retrieved 6 May 2017.
  5. ^ "Linda Hasenfratz". Fortune.com. 9 September 2016. Retrieved 5 May 2017.
  6. ^ "Auto-parts magnate Linda Hasenfratz on NAFTA, Trump and sexism in the boardroom". The Globe and Mail. 30 June 2017. Retrieved 25 July 2017.
  7. ^ "Linamar's (LIMAF) CEO Linda Hasenfratz on Q1 2017 Results - Earnings Call Transcript". Seeking Alpha. 15 May 2017. Retrieved 26 July 2017.
  8. ^ "Auto executive Linda Hasenfratz named Western University's 23rd chancellor". The London Free Press. 23 May 2019.
  9. ^ "Linda Hasenfratz Named Ernst & Young'S Entrepreneur Of The Year". Linamar. 30 October 2014. Retrieved 5 May 2017.
  10. ^ "Marina Berlusconi". Fortune.com. 9 September 2016. Retrieved 5 May 2017.
  11. ^ Holloway, Andy (8 November 2018). "CANADA'S OUTSTANDING CEO OF THE YEAR: LINDA HASENFRATZ". Financial Post. Retrieved 8 November 2018.
  12. ^ "Guelph's Linda Hasenfratz, Stratford's Maxine Noel appointed to Order of Canada". Global News. 27 December 2018.
  13. ^ Department of Communications and Public Affairs (23 May 2019). "Linda Hasenfratz named Western's 23rd Chancellor" (Press release). University of Western Ontario. Retrieved 17 October 2019.
  14. ^ "Auto executive off Ontario's vaccine task force following revelation she travelled out of country". 19 January 2021.
  15. ^ The Globe and Mail
Academic offices
Preceded by Chancellor of the University of Western Ontario
2015–present
Incumbent