Title: Executive Vice President
Company: CHP Ops, LLC
David S. Hoyte is affiliated with Castle Harlan Partners, a leading middle market private equity firm focused on geographically and commercially diverse investments in companies that offer opportunities for solid, attainable growth.
Mr. Hoyte is responsible for leading operating improvement in portfolio companies and for evaluating targeted acquisition candidates alongside the Castle Harlan global deal teams. Since its founding in 1987, Castle Harlan has raised over $3.2 billion in funds, including four funds in Australia, and has realized rates of return of approximately 30 percent compounded.
Prior to joining Castle Harlan, Mr. Hoyte was managing director at TMB Industries, a Chicago-based private equity firm focused on acquiring and managing middle-market industrial companies. As managing director, Mr. Hoyte was responsible for evaluating targeted acquisitions, providing operations due diligence and for leading actions to help them reach their potential, including turnaround situations.
Prior to joining TMB, Mr. Hoyte was president and CEO of JL French Automotive Castings, Inc., a leading manufacturer of complex high-pressure die cast components for the automotive industry. In that role he was responsible for nine factories in North America and Europe. Mr. Hoyte joined JL French at the beginning of 2001 and during his tenure he led a major financial and operational turnaround of the company, securing $190 million of new financing.
Before joining JL French, Mr. Hoyte was president of Ride and Motion Control Products, a division of Arvin Industries, Inc. In this role Mr. Hoyte was responsible for the worldwide suspension components business, including factories in Italy, Spain, Canada and the United States, as well as two Japanese joint ventures, Arvin-Kayaba Suspension Systems and Kayaba-Arvin Steering Systems.
Before being named president, Mr. Hoyte had been vice president and chief operations improvement officer for Arvin Industries with global responsibility for Lean implementation. Prior to joining Arvin Industries in 1996, Mr. Hoyte was executive vice president of Operations for Frigidaire Company, the North American home appliance-manufacturing subsidiary of AB Electrolux of Stockholm, the world’s largest appliance company.
At Frigidaire, he led a highly successful large-scale Lean implementation across 10 factories and three distribution centers. Before joining Frigidaire Company in 1992, he was Vice President of World Wide Manufacturing for Cummins Engine Company. At Cummins he led a Lean implementation across all business units, melding Lean principles with Cummins advanced team-based work systems.
Mr. Hoyte joined Cummins in 1987 after serving more than 20 years with General Motors Corporation in positions of increasing responsibility in manufacturing and vehicle development, the most recent of which was Director of Manufacturing for Buick-Oldsmobile-Cadillac Group.
Mr. Hoyte is a member of the Kettering University Board of Trustees, Vice Chairman of Academic Affairs, a Distinguished Fellow and a board member of the Center for Operational Excellence at the Ohio State University, a Certified Lean Leader and Instructor, Board Member and Advisor to the Honda Supplier Network, a founding member of the Ford Advisory Group for Lean Manufacturing, a guest lecturer in performance measurement and lean manufacturing for the MBA program at Fisher and at Kettering University, and a certified manufacturing engineer (SME).
Additionally, in 2005 and 2007 he was keynote speaker at the Annual Lean Management Conference. He holds three U.S. patents. Mr. Hoyte received his BS in Industrial Engineering with honors from GMI in 1971 and his MS in Engineering with honors from North Carolina State University in 1971.