United States. The Bosch company announced that Mike Mansuetti, president of Bosch in North America, will retire on October 1, 2024, after moving into an advisory role on September 1, 2024.
On September 1, Paul Thomas assumed the role of President of Bosch North America, in addition to his current position as President of Bosch Mobility in the Americas.
"In his 12 years at the helm of the North American region, Mike Mansuetti has established a dynamic culture focused on high performance and cooperation in all business areas," commented Stefan Hartung, Chairman of the Board of Management of Robert Bosch GmbH. "We are confident that Paul Thomas will continue to build on this foundation as Bosch seeks to further accelerate its profitable and sustainable growth in North America."
During Mike Mansuetti's tenure as president, Bosch's third-party sales in North America increased by more than 55%, from $10.6 billion in 2012 to $16.5 billion in 2023. It prioritized regional growth around four key success factors: innovation, customer satisfaction, high-performance culture, and digital enablement.
He represented Bosch in numerous industry associations over the years, including the MEMA Board of Directors, the Vehicle Suppliers Association, and the Consumer Technology Association's Executive Board and Industry Leaders Board.
In his current role, Paul Thomas oversees technology, strategy and sales activities for Bosch Mobility in the Americas region, a $12.4 billion business. He has more than 25 years of experience in mobility and has held executive leadership positions in sales, production control, logistics, manufacturing and business unit management.
An Executive Committee will support Paul Thomas in his role as President of Bosch in North America. Committee members will serve in an advisory capacity and facilitate regional growth, operations, advocacy, cross-domain coordination, talent sustainability, and functional excellence:
• Mohammed Abraham, Executive Vice President, Bosch Mobility.
• Christine Zimmerman, Senior Vice President, Bosch Global Business Services.
• Alissa Cleland, Vice President, Corporate Communications and Government Affairs, Bosch.
Bosch recorded profitable growth in North America in 2023. Third-party sales in North America increased 6% year-on-year to $16.5 billion (€15.2 billion), while total net sales in the North America region increased 8% to $17.9 billion. The company continues to strengthen regional investment: since the beginning of 2022, Bosch has announced investments in North America for more than $3 billion across its portfolio.
