DENSO International America Appoints Bill Steffan VP, Strategic Business Planning
20 July 2000
DENSO International America Appoints Bill Steffan Vice President, Strategic Business PlanningSOUTHFIELD, Mich. - DENSO International America, Inc. announced the appointment of Bill Steffan of Farmington Hills, Mich., to the newly created position of Vice President, Strategic Business Planning in the Corporate Planning department. Steffan, who has considerable international business experience, will coordinate development of DENSO's North American strategic business plan in support of global DENSO growth initiatives. In addition, he will work with North American business units to help optimize their respective growth strategies. Previously, Steffan was president of PLS Enterprises in Fort Wayne, Ind., a consulting group that assists companies with operational improvements, acquisitions and divestitures. Prior to that, he was chief administrative officer, interim chief operating officer and a Board member for Walbro Europe in Paris, France. During his six year-tenure with Walbro, he directed a $250 million plastic fuel tank operation with facilities in Norway, United Kingdom, Belgium, France, Spain, Germany and India. In addition, he integrated six newly acquired plants into Walbro Europe, blended nine autonomous operations into one cohesive unit and established a European headquarters. Earlier in his career, he was Director, Acquisitions, Mergers and Strategy at Walbro Automotive Corporation in Auburn Hills, Mich. Steffan earned a Bachelor of Science in Business degree from Bowling Green State University, Bowling Green, Ohio. DENSO International American is North American headquarters for DENSO Corporation, the fourth largest automotive supplier in the world with operations in 26 countries. North American consolidated sales for 1999 totaled $3.6 million. The corporation has 21 companies, joint ventures and affiliates in North America. Global consolidated sales for the fiscal year ending March 31, 2000 totaled $17.8 billion.