Chicago Heights-based Applied Acoustics International (AAI), a supplier of noise and vibration solutions for the automotive industry, named Larry Hagood as chief executive officer on Tuesday.
AAI is a portfolio company of Angeles Equity Partners LLC, a private investment firm.
"I am very excited to join the AAI team and collaborate with Angeles Equity Partners," Hagood said. "The Chicago Heights business has a strong reputation as a trusted supplier to North American automakers. I look forward to helping the company realize its potential by working with the talented and dedicated team at AAI to deliver exceptional value and support to our customers."
Before joining AAI, Hagood was as CEO for Autoneum North America, a global producer of vehicle acoustic and thermal management systems. Before that, he was vice president of operations for North America and Asia for Magna International, overseeing 2,500 employees in seven plants.
"Larry is a very experienced automotive executive who brings the right skills and capabilities to position Applied Acoustics International to achieve its full potential," Timothy Meyer, co-founder and managing partner of Angeles Equity Partners, said.