STRATTEC SECURITY CORPORATION, a leading provider of smart vehicle power access, security, and authorization solutions for the global automotive industry, has announced that its Board of Directors has appointed Matthew Pauli as Senior Vice President and Chief Financial Officer, effective November 13, 2024. Pauli will succeed Dennis Bowe, who will remain with the company in an advisory capacity to ensure a smooth transition.
Jennifer Slater, President and CEO of STRATTEC, shared, “As we undergo a significant transformation, we need a financial leader with deep expertise in operational change, data analytics, and information systems. To navigate this transformation, we require operational financial proficiency to implement tools and processes that ensure focus and consistency, driving more predictable financial outcomes. Dennis has been invaluable in supporting me and the organization through the early stages of this change, and we are grateful he will continue to assist us during this transition.”
Slater added, “We are excited to welcome Matt to our leadership team. He brings a proven track record of building, growing, and transforming businesses. We are confident that his expertise in implementing best practices and enhancing financial operations, along with his ability to define and execute key performance metrics, will help us improve cash generation, operational performance, and support consistent commercial growth. Matt’s experience aligns perfectly with the needs of our organization as we continue our transformation, and we are eager to see how his leadership will unlock the company’s underlying earnings potential.”
Mr. Pauli joins STRATTEC with over 20 years of financial management experience, having led and developed finance teams, instilled financial discipline, and driven value creation. He most recently served as Executive Advisor and Chief Financial Officer at CentroMotion, where he implemented forecasting and reporting processes, improved global spend visibility, and led initiatives to increase working capital velocity. Prior to that, Pauli held key finance roles at Enerpac (NYSE: EPAC), including Corporate Controller/Chief Accounting Officer and Vice President of Finance for the Engineered Components & Systems segment. Pauli began his career at Ernst & Young and earned a Bachelor of Business Administration in Accounting from the University of Wisconsin-Whitewater.
