Farmington Hills, Mich. – Today Bosch announced that Mike Mansuetti, president of Bosch in North America, will retire on Oct. 1, 2024, after transitioning to an advisory role on Sept. 1, 2024. On Sept. 1, Paul Thomas will assume the role of president of Bosch in North America in addition to his existing position as president for Bosch Mobility in the Americas.
“In his 12 years at the helm of the North American region, Mike Mansuetti established a dynamic culture that focused on high-performance and cooperation across all business areas,” said Stefan Hartung, chairman of the board of Robert Bosch GmbH. “We are confident that Paul Thomas will continue to build on this foundation as Bosch seeks to further accelerate profitable, sustainable growth in North America.”
During Mike Mansuetti’s tenure as president, Bosch in North America third-party sales increased more than 55%, from $10.6 billion in 2012 to $16.5 billion in 2023. He prioritized regional growth around four success factors: innovation, customer satisfaction, high-performance culture and digital enablement. He represented Bosch in many industry associations over the years, including the Board of Directors for MEMA, The Vehicle Suppliers Association, and the Consumer Technology Association Executive Board and Board of Industry Leaders.
In his current role, Paul Thomas oversees technology, strategy and sales activities for Bosch Mobility in the Americas region, a $12.4 billion business. He has more than 25 years of mobility experience and has held executive leadership positions in the areas of sales, production control, logistics, manufacturing and business unit management.
An Executive Committee will support Paul Thomas in his role as president of Bosch in North America. The committee members will serve in an advisory capacity and further enable regional growth, operations, advocacy, cross-domain coordination, talent sustainability and functional excellence:
- Mohammed Abraham, executive vice president, Bosch Mobility
- Christine Zimmerman, senior vice president, Bosch Global Business Services
- Alissa Cleland, vice president, Corporate Communications and Government Affairs, Bosch
Bosch registered profitable growth in North America in 2023. Sales to third parties in North America increased 6% year-over-year to $16.5 billion (15.2 billion euros) while total net sales from the North American region increased 8% to $17.9 billion. The company continues to bolster regional investment: since the beginning of 2022 Bosch has announced more than $3 billion worth of investments in North America across its portfolio.
