People: Nexteer Automotive Group Ltd (1316.HK)

1316.HK on Hong Kong Stock

17 Jun 2019
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Richardson, Michael 

Mr. Michael Paul Richardson serves as President, Executive Director of Nexteer Automotive Group Limited. He has been appointed as President effective October 1, 2016. He was a senior vice president, responsible for business strategy from June 2012 to September 2016. Mr. Richardson has over 42 years of relevant experience in the automotive industry. He is responsible for the Group’s strategic planning, as well as mergers and acquisitions. He is also a member of Nexteer Global Strategy Council. Mr. Richardson began his automotive career with General Motors in 1974, as a co-operative student at the former Saginaw steering gear division. He became a staff engineer for the halfshaft product line in 1990. From 1992 to 1995, Mr. Richardson was a staff engineer for steering products, and from 1995 to 1999, he was regional director of engineering, production control and logistics, based in Paris, France. In 1999, Mr. Richardson returned to the United States as chief engineer of hydraulic power steering. He was promoted to director of engineering of Delphi Steering in 2001. From 2006 to 2009, Mr. Richardson relocated to Shanghai, China, where he became regional director of the Asia-Pacific region. In 2009, Mr. Richardson returned to the United States, and was made vice president of the steering business line. In 2011, Mr. Richardson became chief operating officer (China division) of the Group while retaining his business line and global engineering responsibilities. He is currently based in the Saginaw office. Mr. Richardson is a professional engineer, awarded in 1984 by the State of Michigan, the United States. He obtained a bachelor’s degree in mechanical engineering from Kettering University (formerly known as General Motors Institute), the United States in 1979 and a master’s degree in business administration from Central Michigan University, the United States in 1990. He is a Boss Kettering Award recipient and was inducted into the Delphi Innovation Hall of Fame for career innovation in 2004.

Basic Compensation

Total Annual Compensation, USD 1,038,000
Restricted Stock Award, USD --
Long-Term Incentive Plans, USD --
All Other, USD 123,000
Fiscal Year Total, USD 1,161,000

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --