Linda Hasenfratz
Canadian businesswoman (born 1966)
From Wikipedia, the free encyclopedia
Linda Hasenfratz CM (born June 1966) is a Canadian businesswoman, the president, chairman, and CEO of Linamar since 2002, when she succeeded her father Frank Hasenfratz.[1][2]
Linda Hasenfratz | |
|---|---|
| |
| Born | June 1966 (age 59) |
| Education | University of Western Ontario |
| Occupation | Businesswoman |
| Title | Chairman and CEO, Linamar |
| Term | 2002- |
| Predecessor | Frank Hasenfratz |
| Spouse | Ed Newton |
| Children | 4 |
| Parent | Frank Hasenfratz |
Career
In 1990, she started her career as a machine operator at her father's car parts factory.[3]
She has been CEO of Linamar since 2002, when she succeeded her father Frank Hasenfratz.[1] Initially, the company faced a few rough years after Hasenfratz took over, but since then, double-digit growth has increased revenue to $6 billion, and $522 million in profit.[4] Additionally, under Hasenfratz's leadership, there are now a total of 70 Linamar plants in 13 countries across Asia, North America and Europe. In May 2017, Hasenfratz spoke of Linamar's 23rd consecutive quarter of double-digit operating earnings growth.[5]
In December 2020, Hasenfratz joined the COVID-19 vaccine task-force for Ontario during the COVID-19 pandemic in Ontario. Following revelations she travelled outside of the country despite travel warnings, Hasenfratz resigned from the task-force on January 19, 2021.[6]
Family and education
She is married to Ed Newton, a general contractor;[7] they have four children.
Linda Hasenfratz is the daughter of Frank Hasenfratz,[8] the founder of Linamar.
She has a bachelor's degree and an MBA from the University of Western Ontario.[9]
Recognition
Hasenfratz is a member of the Canadian Business Hall of Fame.[10] In 2014, she was the first woman to be named Canada's EY Entrepreneur of the Year.[1][11] She has been chair of the Business Council of Canada.[12] In 2018 she was named Canada's Outstanding CEO of the year.[13] Also in 2018, Hasenfratz was named to the Order of Canada.[14] In May 2019, she was named the University of Western Ontario's 23rd Chancellor.[15]