Cloyes CEO John Hanighen Named Chairman of the Board
Key Highlights
- John Hanighen has been appointed as chairman of Cloyes, complementing his role as CEO, to lead long-term growth initiatives.
- Hanighen has driven strategic acquisitions, product expansion, and market reach for Cloyes, strengthening its position in the automotive aftermarket.
- The appointment reflects Hanighen's impact on the company and his leadership in executing growth strategies.
Cloyes Gear & Products Inc. has appointed CEO John Hanighen as chairman of the board, as announced by MidOcean Partners.
The dual role expands Hanighen’s leadership at Cloyes, a North American manufacturer of timing drive systems and components for the automotive aftermarket.
“I’m honored to take on this role,” Hanighen said. “Cloyes has a strong foundation, a talented team, and a clear growth path. I look forward to continuing to work closely with MidOcean and our leadership team to drive long-term growth and deliver value to our customers and partners.”
Since joining Cloyes, Hanighen has led strategic acquisitions, expanded the company’s product portfolio, and broadened its market reach, with a focus on OE-quality timing systems for technicians and shops.
“John’s appointment as chairman reflects both his impact on the business and his ability to lead with clarity and purpose,” said Daniel Penn, managing director at MidOcean Partners. “His focus on execution, team alignment, and customer value continues to position Cloyes for long-term success.”
Cloyes, based in Fort Smith, Arkansas, designs, manufactures, and distributes timing drive systems for the automotive aftermarket.