STEMCO announces corporate changes

STEMCO has promoted Jim Reis to the position of vice president of Strategy and Doug Hix to the position of vice president and general manager for STEMCO’s Brake Products Group.

In his new position, Reis will lead STEMCO’s overall strategic efforts, especially in the areas of inorganic growth. He will partner closely with business and functional leads to develop new market opportunities that enable STEMCO to accelerate business growth and planned future development, the company says.

Reis has more than 30 years of heavy-duty industry experience, much of that with STEMCO having lead the Brake Products Group as vice president and general manger for the past five years.  

As vice president and general manager for STEMCO’s Brake Products Group, STEMCO says Hix will carry forward the group’s established strategy to effectively strengthen and further grow the business. Hix will report directly to Reis and work closely with him to transition into this new role, the company says.

Hix has 10 years of heavy-duty industry experience and has held positions in both operations and finance through his 25-year career. At STEMCO, Hix served as finance director and for the past two years has served as vice president of finance, the company says. 

“On behalf of STEMCO, I am extremely pleased to see Jim and Doug excel in their respective positions and congratulate them on this well-deserved promotion,” says Todd Anderson, president of STEMCO. “I am confident based on their tremendous amount of knowledge and credibility that these new leadership appointments will allow us to further pursue our strategy to strengthen, grow and expand our diverse line of products within the commercial vehicle industry.”

STEMCO says Both Reis and Hix will assume their new roles immediately.

Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
Used Truck Guide Cover