IAC Group appoint Larry Vano as Chief Procurement Officer

Multi-billion dollar manufacturing company IAC has appointed Larry Vano as their new Chief Procurement Officer

The Luxembourg based automotive components and systems company, that supplies automakers around the world, announced the addition of Larry Vano to its executive leadership team as the Chief Procurement Officer.

Employing nearly 18,000 people, IAC Group operates in 55 locations, including more than 40 manufacturing facilities in 17 countries, and produces products like instrument panels, console systems, door panels, headliners and overhead systems.

Vano has spent much of his career in the automotive industry, primarily with Lear Corporation, holding various leadership roles in purchasing, most recently as the VP of Global Purchasing, Seating, cost, program management, and sales.

Extensive experience

“Leveraging Larry’s extensive expertise and innovative strategies to enhance operational efficiency and drive positive change will undoubtedly strengthen IAC Group's position in the market,” said Kevin Baird, CEO of IAC Group. “His dedication to organisational transformation and talent development aligns perfectly with our vision for the future."

"I'm genuinely excited to join IAC Group as Chief Supply Chain and Procurement Officer. The company's reputation for being at the forefront of automotive interior solutions and their commitment to innovation and excellence is truly commendable," said Vano. " I'm eager to leverage my experience and contribute to the next chapter of IAC Group's success story."

Global transformation in automotive

During his career, Vano has carried out a number of leading, significant global transformations of procurement, including the introduction of new global commodity and program purchasing models, augmenting global capabilities, and bringing a fresh approach to strategic sourcing and risk and opportunity transparency.


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