Linda Hasenfratz

Linda Hasenfratz CM (born June 1966) is a Canadian businesswoman, the president, chairman, and CEO of Linamar since 2002, when she succeeded her father Frank Hasenfratz.[1][2]

Linda Hasenfratz

BornJune 1966 (age 57)
NationalityCanadian
EducationUniversity of Western Ontario
OccupationBusinesswoman
TitleChairman and CEO, Linamar
Term2002-
PredecessorFrank Hasenfratz
SpouseEd Newton
Children4
ParentFrank Hasenfratz

Early life

Linda Hasenfratz is the daughter of Frank Hasenfratz,[3] the founder of Linamar.

She has a bachelor's degree and an MBA, both from the University of Western Ontario.[4]

Career

In 1990, she started her career as a machine operator at her father's car parts factory.[5]

She has been CEO of Linamar since 2002, when she succeeded her father Frank Hasenfratz.[1] Initially, the company faced a few rough years after Hasenfratz took over, but since then, double-digit growth has increased revenue to $6 billion, and $522 million in profit.[6] Additionally, under Hasenfratz's leadership, there are now a total of 58 Linamar plants in 13 countries across Asia, North America and Europe. In May 2017, Hasenfratz spoke of Linamar's 23rd consecutive quarter of double-digit operating earnings growth.[7]

Hasenfratz is a member of the Canadian Business Hall of Fame.[8] In 2014, she was the first woman to be named Canada's EY Entrepreneur of the Year.[1][9] She has been chair of the Business Council of Canada.[10] In 2018 she was named Canada's Outstanding CEO of the year.[11] Also in 2018, Hasenfratz was named to the Order of Canada.[12] In May 2019, she was named the University of Western Ontario's 23rd Chancellor.[13]

In December 2020, Hasenfratz joined the COVID-19 vaccine task-force for Ontario during the COVID-19 pandemic in Ontario. Following revelations she travelled outside of the country despite travel warnings, Hasenfratz resigned from the task-force on January 19, 2021.[14]

Personal life

She is married to Ed Newton, a general contractor;[15] they have four children.

References

  1. Bitti, Mary Teresa (15 December 2014). "Linamar chief Linda Hasenfratz continues to prove she belongs at the top | Financial Post". Financial Post. Business.financialpost.com. Retrieved 5 May 2017.
  2. "Linamar chief Linda Hasenfratz hopes 'calmer heads rule' on free trade after U.S. election - Article - BNN". Bnn.ca. 3 November 2016. Retrieved 5 May 2017.
  3. Susan Smith (1 August 2015). "Linda's Linamar". www.cpacanada.ca. Chartered Professional Accountants Canada. Retrieved 6 May 2017.
  4. "BIOGRAPHY, LINDA HASENFRATZ, Chief Executive Officer" (PDF). ivey.uwo.ca. November 2013. Retrieved 6 May 2017.
  5. "Linda Hasenfratz". Fortune.com. 9 September 2016. Retrieved 5 May 2017.
  6. "Auto-parts magnate Linda Hasenfratz on NAFTA, Trump and sexism in the boardroom". The Globe and Mail. 30 June 2017. Retrieved 25 July 2017.
  7. "Linamar's (LIMAF) CEO Linda Hasenfratz on Q1 2017 Results - Earnings Call Transcript". Seeking Alpha. 15 May 2017. Retrieved 26 July 2017.
  8. "Auto executive Linda Hasenfratz named Western University's 23rd chancellor". The London Free Press. 23 May 2019.
  9. "Linda Hasenfratz Named Ernst & Young'S Entrepreneur Of The Year". Linamar. 30 October 2014. Retrieved 5 May 2017.
  10. "Marina Berlusconi". Fortune.com. 9 September 2016. Retrieved 5 May 2017.
  11. Holloway, Andy (8 November 2018). "CANADA'S OUTSTANDING CEO OF THE YEAR: LINDA HASENFRATZ". Financial Post. Retrieved 8 November 2018.
  12. "Guelph's Linda Hasenfratz, Stratford's Maxine Noel appointed to Order of Canada". Global News. 27 December 2018.
  13. Department of Communications and Public Affairs (23 May 2019). "Linda Hasenfratz named Western's 23rd Chancellor" (Press release). University of Western Ontario. Retrieved 17 October 2019.
  14. "Auto executive off Ontario's vaccine task force following revelation she travelled out of country". 19 January 2021.
  15. The Globe and Mail
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