Coast Distribution promotes Jim Musbach to CEO
MORGAN HILL, Calif. – The Coast Distribution System, Inc.’s board of directors has named Jim Musbach, who has been the company’s president and chief operating officer since September 2006, to chief executive officer, the company said in a statement today. Musbach also will continue to serve as Coast’s president. Thomas R. McGuire, Coast’s founder and previous CEO, will continue to serve as executive chairman for the company, as well as continuing as chairman of the board of directors.
In his position as president and COO, Musbach has been responsible for the strategic and operational leadership of the company with a focus on sales, marketing and product development.
“Jim brings years of leadership experience, an understanding of our customer base and a strong history with Coast to the position of CEO,” McGuire said. “We have built a strong foundation over the last several years through investments in facilities and people. With Jim’s appointment to CEO, we now have the leadership team in place to direct the next stage of Coast’s growth.”
Before rejoining Coast in 2006, Musbach was executive vice president and general manager of Raytek Corporation, where he directed global operations for Raytek’s portable products division. While at Raytek, he successfully launched new products, expanded sales channels and developed sources for contract manufacturing in Asia. Prior to his employment with Raytek, Musbach served as president of Coast from 1994-1995. During that time, he shifted Coast’s product mix to include higher-margin and custom-manufactured Coast-exclusive products, a strategy Coast continues to employ.
Before becoming Coast’s president in 1994, Musbach was executive vice president and general manager for Import Parts America, a North America-based automotive aftermarket importer and distributor with relationships in Asia and Europe.
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