Bendix boss celebrates quarter century of service

ELYRIA, Ohio — Under Joe McAleese’s watch, Bendix Commercial Vehicle Systems has experienced “remarkable revenue growth, significant market penetration, seamless merger activities, high levels of employee satisfaction, and a consistent reputation for safety,” company officials say.

Bendix President and CEO Joe McAleese joined the company in 1982, after earned bachelor’s of science and master’s degrees in accounting at Bowling Green State University.

Since his selection as the company’s president in 2001, and following its acquisition by the German-based Knorr-Bremse Group in 2002, Bendix sales have more than doubled. The company is now on course to realize $1 billion in revenues by 2009.

Growth has been bolstered by significant market penetration in both the OE and aftermarket businesses, with particular focus on expanding the acceptance of air disc brakes, stability control, and other active vehicle safety systems.

Referred to as the Bendix “change agent,” McAleese has helped spearhead a string of seamless merger activities that have impacted growth. Most notable was the formation of the company’s first joint venture, Bendix Spicer Foundation Brake LLC. In less than three years since launching the venture with the Dana Corp., Bendix Spicer Foundation Brake has already grown its sales by more than 15 percent.

McAleese has positively influenced not only his company, but also the commercial vehicle industry. With McAleese at the helm, Bendix has emerged as a leader in the fight against the entry of counterfeit and knock-off parts into the market from overseas, an issue that has gained increased visibility both inside and outside of the transportation industry.

In the next quarter century, McAleese says he intends to continue the company’s focus on highway safety, its customers, and the talented team of Bendix employees across North America.


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