CARDONE Industries appoints new CEO

Jan. 1, 2020
CARDONE Industries, a re-manufacturer of automotive components, has announced the appointment of Kevin Cramton as Chief Executive Officer.

CARDONE Industries, a re-manufacturer of automotive components, has announced the appointment of Kevin Cramton as Chief Executive Officer. 

Like this article? Sign up for our enews blasts here.

Cramton, who will assume his duties in September, will succeed Michael Cardone Jr., the driving force behind CARDONE’s rise as a leader in the automotive remanufacturing industry.  Cardone will remain as Chairman and owner of the company.

Cramton brings to CARDONE more than 25 years of experience in the general and financial management of leading and growing businesses.  Most recently, he served as CEO of Revstone Industries, a major supplier of highly engineered automotive components. Before that, he served as Managing Director of RHJ International (Ripplewood Holdings), a publicly traded investment holding company where he was responsible for overseeing portfolio companies. 

During his tenure at Ripplewood Holdings, Cramton chaired the Board of Niles, an Asian automotive electronics manufacturer, where he led the business to record profitability following a successful 20-year career as a Ford Motor Company executive whose assignments carried him all over the globe.

“We are tremendously excited that Kevin Cramton has agreed to join our company and our board,” said Michael Cardone Jr. “He brings an outstanding record of values-based leadership, managerial expertise, and experience with both privately and publicly held businesses. The Cardone Family looks forward to working with Kevin and our board as we continue to invest in the growth opportunities for the Remanufacturing Industry.”

“I am very excited to join CARDONE as we develop and execute a strategy to continue to grow the business and better serve our customers,” Cramton said. “CARDONE’s values and its business approach make it an attractive place to work and provide a strong base for future growth.

“I look forward to working with the CARDONE Leadership Team to create a stronger company for all our stakeholders, including customers, suppliers, shareholders, and our employees.”

Cramton holds both a BA and an MBA from Michigan State University, and he is a graduate of the London Business School Executive Management Program (ADP).

Have articles like this sent to you weekly by signing up for our enews blasts here.

About the Author

Motor Age Wire Reports

These are press releases approved by our Motor Age Editors

Sponsored Recommendations

Save Time with Standard's Kits & Multipacks

Stock up on essential repair kits! Discover how Standard's multipacks simplify repairs and reduce downtime.

Fuel Injection Training – Pro Tips for Techs

Choosing the right fuel injector matters. Learn best practices for selection and related component recommendations.

ABS Sensor Insights – Get the Right Fit Every Time

ABS sensors are critical to vehicle safety. Learn how they interact with electronic systems and how to choose the best replacement.

Prevent Oil Filter Housing Failures – What Every Tech Should Know

Learn why Pentastar oil filter housings commonly fail and how Standard's enhanced design prevents leaks.

Voice Your Opinion!

To join the conversation, and become an exclusive member of Vehicle Service Pros, create an account today!