Linda Hasenfratz
Linda Hasenfratz
Linda S. Hasenfratz (born June 1966) is the Chief executive officer and Non-independent Director of the Linamar Corporation based in Guelph, Ontario. which is the second largest auto-parts maker around the globe offering advanced engineered products with 9 manufacturing factories in Asia, Europe and North America. Under her leadership, Linamar has grown from gross 800 million dollars to 3.2 billion dollars per annum, with thirty nine manufacturing subsidiaries around the world. The Hasenfratz family make in the list of Canadian Business, Canada's Richest Family 2017.
She is the highest paid female CEO among Canada’s 100 largest companies.
She is also the first woman Chairperson of the Business Council of Canada. Linda managed Linamar's largest acquistion,buying Montupet SA, a European auto-parts maker company for $882 million. She is 50th in the Fortune (magazine) list of the Most Powerful Women International.
Education
She completed her graduation from the University of Western Ontario in Honors Bachelor of Science degree in 1989. Later in 1997, she got a post-graduation in an Executive MBA from the Ivey Business School at the University of Western Ontario. She later got a honorary doctorate of Engineering from the Ryerson University in 2003.
Career
After her graduation in 1989, she went to work as a machine operator in Linamar and was later promoted to Chief Operating Officer of Linamar at September 1997 where she served until September 1999.
She served the director, CEO of Linamar Corporation from 1997 to 1999 and as the president of Linamar Hungary Zrt from April 1999 to August 2004.
She was an Interim Treasurer, Executive Vice President and Acting Chief Financial Officer at Linamar Corp. till 2011.
Linda became the Operation Manager of Comtech Manufacturing Ltd.
in 2009.
She was in charge of ensuring the culmination of profitability objectives and maintaining customer and employee satisfaction.
Her fondness for the Arts lead her to join the Board of Governors of the Royal Ontario Museum.
Charity being an important focus for Hasenfratz, she was appointed as the Inaugural Chair of the Philanthropy Leadership Cabinet of the Guelph General Hospital. Since 2003, she has been on the Board of Advisors for Catalyst Canada. She also has been on the Government Council at Women on Boards Advisory Council since 2013.
Her role as the global leader got highlighted even more when she was appointed as the chair of the Management Resources Compensation Committee of the CIBC Board of directors in 2015. She has been an Independent Director of Canadian Imperial Bank of Commerce since 2004.
In 2008, she became Canadian Chair of the North American Competitiveness Council, which is a trilateral group of executives from the United States, Canada and Mexico, acting as advisories for the recommendations of the improvement of the Nafta region. Hasenfratz has been serving as an Independent Director of Faurecia since May 2011.
Awards
Linda got many awards for her contributions towards economic sector over the years, including the following:
The Outstanding Leader Award from Wilfrid Laurier University in Waterloo in 2007
Honorary Degree from Fanshawe College in 2016
International Distinguished Entrepreneur Award (IDEA) by The Asper School of Business at the University of Winnipeg in 2014
The Ontario Ernst & Young Entrepreneur of the Year Award – Manufacturing and the overall Ontario Entrepreneur of the Year Award in 2014
Ernst & Young Entrepreneur of the Year Award for Canada in June 2015
The Chevalier dans l’Ordre national de la Légion d’honneur by the French government in June 2015
Canadian Business Hall of Fame in May 2016
Entrepreneur of the Year Award from the University of Victoria in September 2016
The Fraser Institute Founders Award in September 2016 along with Jim Jarrell, President and COO of Linamar
Recognitions
Linda Hasenfratz has earned many prominent recognitions as a successful entrepreneur.
She was one of Financial Post’s 50 Most Powerful Women in Canada in 2001 and 2002. She was one of Canada’s top 40 under 40 in 2002. She was National Post’s CEO of the Year in 2003. She made in the list of Canada’s Top 50 Influential Women in 2003 and 2004. She was named Best of the Best Top 40 Under 40 in 2005 and 2008. She was honored by former Prime Minister of Canada, Harper, Steven as one of the 10 Canadian CEOs to represent Canada on the North American Competitiveness Council in 2006. She has made in the list of the Automotivenews 100 Leading Women in 2000, 2005, 2010 and 2015.