Holding company hires CFO
A holding company for several businesses in the region, including an automotive supplier, has named a new chief financial officer.
Holland-based Coastal Group said this spring it hired Ken Wagner for the role.
“Ken is a true professional, whose wealth of experience and knowledge will be critical in this time of immense growth for Coastal,” said Paul Doyle, COO, Coastal Group.
Wagner will oversee and support financials for all Coastal Group portfolio companies: Coastal Container, a packaging solutions provider; Coastal Automotive, a tier one global automotive supplier; Leadfoot Muscle Cars, a vintage car restoration and resale company; and TKP Investments, a financial company.
Coastal Group added Wagner’s role in response to continued business growth and future growth plans. Its manufacturing company, Coastal Automotive, opened a new facility in Holland in June 2016.
The company is also continuing to work on adding capacity in Mexico, Europe and Asia.
Wagner brings more than 30 years of financial leadership experience to his new role, primarily in the automotive industry.
Previously, he was SVP and CFO at the Grand Haven-based automotive supplier GHSP.
Wagner said he is drawn to the “fast pace and advanced technology” of the automotive industry.
He earned a bachelor's degree in finance from Hope College.