Cloyes Hires Troy Angst as CFO - Engine Builder Magazine

Cloyes Hires Troy Angst as CFO

Cloyes Gear & Products Inc., backed by Hidden Harbor Capital Partners, has hired Troy Angst as Chief Financial Officer (CFO). Based in Fort Smith, AR, and founded in 1921, Cloyes designs, develops, manufactures, and distributes timing drive systems and components for replacement applications in the automotive aftermarket and high-performance racing segment.  

Angst brings 30 years of experience to his new position, joining Cloyes most recently from Sharp Tooling Solutions in Romeo, MI, where he served as CFO. Before this, Angst served as CFO for Tritec Performance Solutions in Fenton, MI.

“We are very excited to have Troy join the team at Cloyes. He is a proven leader and successful CFO with a great track record of success in maximizing operational efficiency and leading both organic and inorganic sales growth,” says Cloyes CEO John Hanighen. “Furthermore, the addition of Troy bolsters the organization’s internal finance and analytics capabilities as we continue to execute against our growth strategy and aggressively capitalize on Cloyes’ premium leadership position within the automotive aftermarket.”

For more information: cloyes.com.

You May Also Like

USAC Racing Appoints New President

Jason Smith will oversee the strategic direction and day-to-day operations of USAC Racing.

The United States Auto Club (USAC), the Speedway, IN-based sanctioning body, has appointed Jason Smith as president of the organization. The newly formed president position of USAC Racing will report to USAC CEO Kevin Miller and work alongside the executive team reporting to the USAC Board of Directors.

High Performance Expo Set for 2025 in Charlotte

The inaugural High Performance Expo (HPX) will be held from June 3-5, 2025, at the Charlotte Convention Center.

Join PERA and King for a Webinar on the Development of Performance Engine Bearings

Join Stacey Stone of King Engine Bearings for a webinar on May 15, 2024 at 10am CT all about how performance bearings are developed for racing engines of modern design. Related Articles – Santa Maria Speedway to Reopen – Trans Am Names New Technical Director for TA2 – USAC’s 2024 Hall of Fame Class Important!

Santa Maria Speedway to Reopen

Santa Maria Speedway, a dirt oval located in Nipomo, CA, is reopening after closing in November 2022, according to a report from the Santa Maria Times. The speedway will host 410 Sprint Car and Go-Kart racing under the new ownership of David Castaneda, the facility’s former general manager. Related Articles – Cloyes to Acquire ATI – Holley

Trans Am Names New Technical Director for TA2

Doug Nagy comes to Trans Am as an FIA-licensed technical inspector. He previously held positions at Saleen, Bell Motorsports and Mosler Automotive.

Other Posts

King Engine Bearings Anounces New Rebate Campaign

During the two-month duration of the campaign, customers can take advantage of a rebate of $10 for every $100 spent on qualifying pMaxKote (XPC) products by King Engine Bearings.

Candidates Announced for SEMA Board of Directors 2024 Election

Voting will take place online beginning May 28 and is open to current SEMA-member companies.

Edelbrock Group Brands Now on MidwayPlus B2B Platform

The platform is convenient for checking prices, inventory, and freight costs before placing an order.

Team Eneos Reveals 2024 Formula Drift Driver Lineup

Eneos is continuing a full North American drift program. It will encompass both the Formula DRIFT PRO and PROSPEC championships.