Daniel Ninivaggi

Last updated
Daniel Ninivaggi
BornJune 27, 1964
Alma mater Columbia University (BA)
University of Chicago (MBA)
Stanford Law School (JD)
Occupationautomobile executive
Employer Lordstown Motors
Known forformer CEO of Icahn Enterprises and Federal-Mogul

Daniel A. Ninivaggi (born June 27, 1964) is an American automobile executive who Formerly served as the executive chairman of Lordstown Motors until its bankruptcy, and formerly its CEO. [1] [2] [3] He is also the chairman of Garrett Motion, and was formerly the CEO of Icahn Enterprises as well as co-chairman, co-CEO of Federal-Mogul. [4]

Biography

Ninivaggi earned a B.A. in history from Columbia University in 1986. He played varsity golf for Columbia and was the president of the Beta Theta Pi chapter. [5] [6] He then received his MBA from the University of Chicago Booth School of Business in 1988 and J.D. from Stanford Law School in 1991. [7]

After law school, he was a partner in the law firm Winston & Strawn from 1998 to 2003, and was made of counsel from 2009 to 2010. [8]

He began his automotive career at Lear Corporation, ultimately serving as executive vice president, where he was responsible for the company's corporate development and strategy. [9] [10]

From 2011 until May 2012, he was also interim president and CEO of Tropicana Entertainment. [11]

Described by The Wall Street Journal and CNBC as a lieutenant of billionaire Carl Icahn, [12] he served various positions in the latter's Fortune 500 holding company Icahn Enterprises, from 2010 to 2014, including director, chief executive officer and president. [1] From 2014 to 2017, he was co-chairman and co-executive officer of Federal-Mogul prior to its sale to Tenneco. [13] [14] [15] He was also named to the board of Lionsgate by Icahn, but his nomination was rejected. [16] [17]

In 2017, he was appointed to Navistar International's board of directors. [18] From 2014 to 2021, he was also a director of The Hertz Corporation, and helped oversee the company's bankruptcy and its successful restructuring. [19]

In August 2021, Ninivaggi was appointed CEO of electric vehicle manufacturer Lordstown Motors after its founder and CEO, Steve Burns, resigned amidst financial and legal scrutiny into the company and its leadership. [20] [21]

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References

  1. 1 2 Kellaher, Ben Foldy and Colin (2021-08-26). "Lordstown Motors Names Former Icahn Executive as CEO". Wall Street Journal. ISSN   0099-9660 . Retrieved 2021-09-04.
  2. ↑ "Daniel Ninivaggi | Management | Lordstown Motors Corp". investor.lordstownmotors.com. Retrieved 2021-09-04.
  3. ↑ "Lordstown Motors taps industry veteran Hightower as CEO in management shuffle". Reuters. Retrieved 2022-07-12.
  4. ↑ "Daniel Ninivaggi | Board Member | Garrett Motion". investors.garrettmotion.com. Retrieved 2021-09-04.
  5. ↑ "Columbia Spectator 22 March 1985 — Columbia Spectator". spectatorarchive.library.columbia.edu. Retrieved 2021-09-04.
  6. ↑ "Columbia Spectator 20 February 1985 — Columbia Spectator". spectatorarchive.library.columbia.edu. Retrieved 2021-09-04.
  7. ↑ "Hertz And Carl Icahn Execute Definitive Agreement". ir.hertz.com. Archived from the original on 2021-09-04. Retrieved 2021-09-04.
  8. ↑ "EX-99.1". www.sec.gov. Retrieved 2021-09-04.
  9. ↑ "Lordstown Motors taps former Icahn exec as CEO to put its EV truck ambitions back on track". www.yahoo.com. 26 August 2021. Retrieved 2021-09-04.
  10. ↑ Andrews, Abigail. "Lordstown Motors Appoints Daniel A. Ninivaggi as CEO". www.autobodynews.com. Retrieved 2021-09-04.
  11. ↑ "Interim chief executive named for Tropicana Entertainment". Las Vegas Review-Journal. 2011-01-11. Retrieved 2021-09-04.
  12. ↑ "Lordstown Motors names Icahn lieutenant Daniel Ninivaggi as CEO". CNBC. 2021-08-26. Retrieved 2021-09-04.
  13. ↑ Vanac, Mary. "New Lordstown Motors CEO has links to billionaire investor Carl Icahn". www.bizjournals.com. Retrieved 2021-09-04.
  14. ↑ "Lordstown Motors appoints longtime supplier executive Daniel Ninivaggi as CEO". Asume Tech. 2021-08-26. Retrieved 2021-09-04.
  15. ↑ aftermarketNews Staff (2014-02-06). "Federal-Mogul Board Of Directors Appoints Daniel Ninivaggi Co-CEO, CEO Of Vehicle Components Group". aftermarketNews. Retrieved 2021-09-04.
  16. ↑ "Icahn Names Former Winston & Strawn Lawyer to Dissident Lions Gate Board". amlawdaily.typepad.com. Retrieved 2021-09-04.
  17. ↑ "Carl Icahn names five-person dissident slate for Lions Gate board". LA Times Blogs - Company Town. 2010-11-26. Retrieved 2021-09-04.
  18. ↑ "Daniel A. Ninivaggi Appointed To Navistar Board Of Directors". MediaRoom. Retrieved 2021-09-04.
  19. ↑ O'Kane, Sean (2021-08-27). "Lordstown Motors taps Hertz board member to right the ship". The Verge. Retrieved 2021-09-04.
  20. ↑ "Lordstown Motors appoints longtime supplier executive Daniel Ninivaggi as CEO". Automotive News. 2021-08-26. Retrieved 2021-09-04.
  21. ↑ "Longtime auto supplier executive Ninivaggi to lead struggling Lordstown Motors". Crain's Detroit Business. 2021-08-26. Retrieved 2021-09-04.
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