#aftermarket – Brake Parts Inc (BPI) has announced Michael Caruso has been promoted to vice president finance and global controller.
In his new position, Caruso will focus on acquisitions and business integration. He will lead a team of 19 people, with 14 of them at the McHenry, Ill. headquarters and the others located internationally.
“We would like to congratulate Michael on his promotion to vice president finance and global controller for BPI,” said Phil Cutting, chief financial officer. “This is a much deserved advancement as he has been a vital member of the team and played a major role in setting up the new business two years ago. His previous experiences and proven success, along with his understanding of the international market for BPI, will be extremely beneficial to us and our customers as we continue to expand our global presence.”
Prior to his promotion, Caruso served as the BPI corporate controller where he played a key role in establishing the new business after BPI was acquired by Torque Capital Group in 2013. In addition to BPI, Caruso has held the position of group controller for the Affinia Group Inc. and corporate controller for The Master Lock Company and Waterloo Industries.